Who We Are

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About VVI

Victors Value Investments (VVI) is an undergraduate investment club at the University of Michigan, with over $10,000 in assets under management. We manage a highly concentrated, long-only portfolio focused on Midwestern US equities. Our mission is to bring investing experience to our members, while promoting education, performance, and industry exposure to students of all levels and backgrounds. Members learn not only how to analyze market sectors and securities, but also how to present their ideas to others.

Every semester, VVI runs an education program designed to teach new members the foundation of good value investing. We cover a wide variety of content, starting from the basics of investing to more complex topics like valuation, technical analysis, and information sourcing. Topics are presented by executive board members, but structured to be highly discussion-based.

From the beginning, new members are grouped with older members to work on projects. Our club meets weekly to hear group investment pitches, followed by an open Q&A session. Through this process, we obtain a highly-concentrated portfolio that we feel confident in holding for the long run.

Our investments are focused in Midwestern equities. Michigan and the greater Upper Midwest region provide investors with a rich landscape of outstanding companies that we are better positioned to understand through our geography. We are neither arguing for a superior investment strategy nor are we suggesting that Michigan is better than anywhere else. We are undergraduate students seeking for a greater understanding of the companies around us through fundamental analysis. For a longer explanation, see our "Why Michigan" blog post.

VVI was founded by Axel Steinmetz, Jack Mollin, and Frank Liao in the Fall of 2017.

Our Values

Curiosity

We are on a constant quest to learn more and to develop personally

Honesty

To get the best portfolio, we must be truthful with our opinions and assumptions. We value openness, honesty, and candor

Growth

From personal to professional, and  from social to skilled, we want to grow in all facets.

Meet Our Board

Will Tso

Co-President

Claire Schuchard

Co-President

Pallab Saha

VP of Operations

Kevin Zhang

VP of Education

Phoebe Block

VP of Funds

Richard Ye

VP of Investments

Collin Laing

VP of Membership

Alvin Hom

VP of Communications

Where We Are

Our location helps define out investment strategy. The University of Michigan and the Ross School of Business have provided us with many wonderful opportunities, and that makes us love our location.

Our Portfolio

Company

Ticker

Equity

Credit Acceptance Corp

CACC

16.5%

Fiat Chrysler Automobiles NV*

FCAU

14.0%

U.S. Bancorp

USB

11.6%

CDW Corp

CDW

10.1%

Berkshire Hathaway Inc. Class B

BRK.B

9.8%

Penske Automotive Group Inc

PAG

7.1%

Visteon Corp

VC

6.4%

Brown-Forman Corp Class B

BF.B

5.4%

3M Co

MMM

5.0%

Ecolab Inc.

ECL

4.3%

Ally Financial Inc

ALLY

2.3%

Cash

7.5%

*While technically headquartered in the U.K., we are actively choosing to incorrectly count FCAU as a Michigan company based on Chrysler's Michigan history.