Solutions For Growth
We believe pricing inefficiencies exist in the equity and derivative markets. Two Fish is a Registered Investment Advisor that offers investment strategies designed to exploit these inefficiencies for our clients.
The PUT Strategy writes OTM put option contracts on equities that are viewed as undervalued, oversold and lightly levered. The strategy goal is to create an income stream from the sale of puts. Clients can select account collateral or use existing positions, such as a large single stock position that the client does not want to sell, providing a foundation for the PUT overlay strategy.
Holding Company (HOLDCO)
The HOLDCO strategy is available to accredited investors through Two Fish Partners, L.P., a Delaware limited partnership, managed as a long-term investment holding company with both long and short exposures.
Empirical Study on Barrick Gold
Occidental Petroleum Research Report
Who We Serve
We provide our clients with full-service option solutions, including idea generation, block trade execution, institutional commissions, risk analytics, client reporting and access to Two Fish principals.
To help RIAs provide their existing client base with unique solutions, we work with them in a sub-advisory capacity. This enables RIAs to provide an alternative for clients seeking income outside of the traditional avenues of fixed income, real estate investment trusts (REITs), and master limited partnerships, while maintaining full control of the client relationship.
High net worth individuals benefit from our strategies, as well, and receive direct access to the portfolio managers. Our first priority is to understand their risk tolerance, tax situation, liquidity needs, time horizon and cash flow requirements. This enables Two Fish to better achieve their investment goals.
Who We Are
We have a passion for creating value from the resources with which we are entrusted. Our investment mission is inspired by the Biblical accounts in Mark 6 and Matthew 14 of Jesus Christ feeding the multitudes with only two fish and five loaves.
Mike founded Two Fish Management in December 2007, and directs fundamental research and security selection for the firm. Prior to forming Two Fish, Mike served as the Director of Investment Research for KSM Capital Advisors. He started his career as a consultant with Tucker Alan focused on SEC accounting fraud investigations and damages valuations.
Mike received his B.S. in Finance and Accounting, magna cum laude from Indiana University’s Kelley School of Business. While at Indiana, Mike was a Collegiate Rugby All-American.
J.R. founded Two Fish Management in December 2007. His primary roles at Two Fish are managing the trade desk, reviewing securities from a technical perspective, and business development. Prior to forming Two Fish, J.R. worked as a business valuation analyst for Katz, Sapper & Miller in Indianapolis and was the financial manager at Odyssey Ventures in San Francisco.
He holds an undergraduate degree in economics from Princeton University and while in school, played football for four years. J.R. is married with three children.