Brian Demain has a healthy respect for efficient markets and downside risk.
In college, Demain wrote his senior thesis with guidance from Princeton University economics professor Burton G. Malkiel, godfather of the efficient market theory and author of the investing classic A Random Walk Down Wall Street, which turns 50 on New Year’s Day. He joined Janus Capital, now part of
Janus Henderson Group
(ticker: JHG), in 1999, right after graduating and just before the dot-com crash of 2000-01.
Source: https://www.barrons.com/articles/ev-investing-stocks-suppliers-51672300804?siteid=yhoof2&yptr=yahoo