Brian Langenberg Develops His Award Winning Asset Management Style with Top Down and Bottom Up Analysis

October 1, 2018

Brian K. Langenberg, CFA, Principal and Founder of Langenberg & Company, LLC, brings 30 years of experience in investments and capital markets. He first earned recognition from the Institutional Investor All-America Research Team in 1999, and he or his firm have earned subsequent awards in II along with The Wall Street Journal and Starmine. He has created several industrial sector research innovations including the seminal Multi-Industry Greybook in 2001, ROIC-based deal analysis, revenue component analysis and business unit trends. Buy-side experience includes seven years of high net worth advisory work and coverage of 70% of the S&P 500 at various points in time, and he built a trade and recommendation track record of plus 750 basis points, four times risk budget and a 60% win rate in 18 months at a large state pension.

Formerly with Credit Suisse First Boston, Wachovia Securities and Ohio Public Employees Retirement System, Mr. Langenberg provides M&A and related services to middle-market companies through ONEtoONE Corporate Finance as well as providing industrial strategy and investment advice to institutional investors with Langenberg & Company, where he is a frequent guest of CNBC, Fox Business News, CNN and other broadcast and print media. Mr. Langenberg teaches finance, business economics and manages the business internship program at Northeastern Illinois University. He also serves in various capacities with the CFA Institute – Chicago as needed and is an adult leader in the Boy Scouts of America. A proven strategic thinker, leader and mentor, he has turned around a graduate business school, built a high-profile speakers program and currently serves as a director of Power Source Technologies. Mr. Langenberg is a former Naval Intelligence Officer with deep expertise in logistics, trade and geopolitics. He made successful contributions in building country studies, expeditionary warfare planning, personnel security and intelligence collection, and received the Armed Forces Expeditionary Medal for service during Grenada in 1983. He is a member of the Veterans of Foreign Wars, or VFW; The American Legion; and the Navy League of the United States.

In this 3,496 word exclusive interview with the Wall Street Transcript, Brian Langenberg, he explains the driving force behind the recent rising stock market:

“The big change came in 2016 with the election of President Trump. He brought a sea change in regulatory relief and tax reform, which literally made every profitable business located in the United States 20% to 25% more valuable. It is simple math. If your business earned $1 million pretax, before, your after-tax profit was $650,000; now, it is $790,000. In practical terms, if you had a reasonably profitable plant in the U.S., before, you would spend enough on maintenance to keep it open and upgrade when necessary. Your new capital went offshore more often than not. Now, a company will take another look at that plant and say “Hey, the numbers are different,” and it makes sense to invest…The offset will be inflation.”

To get the specifics on Brian Langenberg’s economic projections and his top picks in the current market, read the entire 3,496 word interview in the Wall Street Transcript.