Mark Miller

Mark Miller — Senior Research Analyst

Our People

Founder, CEO and CIO
Senior Research Analyst
Senior Research Analyst
Senior Research Analyst
Director of Trading
COO & Director of Client Service
Chief Financial Officer
Office Manager
Chief Compliance Officer
Compliance Associate
Client Service Associate
Research Analyst
Research Analyst
Research Analyst
Research Associate
Trading Associate
Assistant Controller
Executive Assistant
Senior Portfolio Accountant

I’m a former attorney who took my many valuable skills from that career and applied them to my true calling: investment research and analysis.

For many years I represented medical device manufacturers and pharmaceutical companies in product liability litigation. I enjoyed learning about a drug or device and interviewing doctors, scientists, R&D executives and marketers to determine its benefits and risks. I welcomed the challenge of becoming an expert in many topics, and developed a leave-no-stone-unturned approach to legal and factual research.

But I didn’t enjoy the paper chase of law, the adversarial system and being wedded to a client’s position, worthy or not.

While practicing law, I began investing. I had no training, but my analytical and research skills served me well. When I felt information or transparency was missing, I called company representatives or experts and asked tough questions. My goal was to understand a company’s prospects and form an opinion based on my research.

When I described my investing style to my one Wall Street friend, she said I was performing the role of an investment research analyst. The proverbial “aha” moment occurred. A true calling!

I raced back to school for an MBA from Columbia Business School. I focused on small-cap value investing. Each day I felt my legal and industry experience, skepticism, curiosity and determination coming together in finance. After graduating in 2000, I worked on the sell side at Banc of America Securities. I uncovered revenue recognition issues at a company that subsequently declared bankruptcy. In 2003 I joined the buy side, where my process allowed me to take concentrated positions with long investment horizons. In 2008 I generated a profit by determining which companies were truly defensive in a severe economic downturn.

I like the life of the mind. But I enjoy my family, wrestling, yoga and my ’64 Corvette, too. My parents came from humble roots (my father was a teacher in the New York City school system and my mother was a bookkeeper), and they taught me to value hard work, family and continuity — values I share with my Daruma colleagues.