My colleague Shai Dardashti sat down recently with fellow value investor and ValueConferences instructor James Roumell, President and Lead Portfolio Manager of Roumell Asset Management in Chevy Chase, Maryland. Jim has been a terrific contributor and mentor to the global value investing community.
In the following excerpt, Jim shares some thoughts on investing and life. He talks about how a year spent in India as a young man changed him forever. The lesson that “life is not fair” has stuck with him ever since.
I found something Jim says in the following video particularly thought-provoking: “Pressure is a privilege”.
We usually think of pressure and stress as negatives. However, “pressure” means we are still alive, we are still in the game, we are still fighting for something. In that context, “pressure” really is a privilege, as is every day during which we get to pursue our goals and work toward our dreams.

About The Author: John Mihaljevic
John Mihaljevic, CFA is a Managing Editor of The Manual of Ideas and a Managing Director of ValueConferences. He has also served as Managing Partner of investment firm Mihaljevic Capital Management LLC since 2005. He is a member of Value Investors Club, an exclusive community of top money managers, and has won the Club’s prize for best investment idea. John is a trained capital allocator, having studied under Yale University Chief Investment Officer David Swensen and served as Research Assistant to Nobel Laureate James Tobin. John holds a BA in Economics, summa cum laude, from Yale and is a CFA charterholder. He resides in Zurich, Switzerland.
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