General Investing >> Analyst Interviews >> September 17, 2004

INVESTING IN UNDERVALUED SMALL CAP COMPANIES: JOHN DEYSHER – BERTOLET CAPITAL LLC

Deysher, John E.
John E. Deysher, CFA, is President of Bertolet Capital LLC, adviser to the Pinnacle Value Fund. He is responsible for the fund’s daily investment activities and has more than 40 years of investment management experience. From 1990 until 2002, Mr. Deysher was a Portfolio Manager, Senior Analyst with Royce & Associates, an investment firm specializing in the securities of small cap companies and adviser to the Pennsylvania Mutual Fund. Mr. Deysher began his investment career with Kidder Peabody in 1983, where he managed equity and fixed income portfolios for individuals and small institutions. He holds a bachelor’s degree from the Pennsylvania State University, and master’s degrees from both Indiana University, Bloomington (Business) and the University of California, Berkeley (Engineering). He is a CFA charterholder, and lives and works in New York City. Profile
TWST: Can we start with an overview of the Pinnacle Value Fund?

Mr. Deysher: The Pinnacle Value Fund was launched on April 1, 2003. Its

mandate is to invest in securities of small and