Bonhoeffer Capital letter to partners for the third quarter ended September 30, 2018.
Keith Smith is a CFA charterholder and received his MBA from UCLA. He has held positions with Empire Valuation Consultants, PwC, Management Consulting & Research, and served as a captain in the U.S. Air Force. Keith most recently served as a managing director of a valuation firm, and his expertise includes technology firm valuation, corporate transactions, distressed loans, derivatives, and intangible assets. Warren Buffett and Benjamin Graham's value-oriented approach of pursuing the "fty-cents on the dollar opportunities" underpins Keith's investment