In 2014, at what was at the time a highly-contrarian opinion, Ian Clark, founder of Dichotomy Capital in Scarsdale, New York, suggested caution about the oil rig industry through a series of extensively-researched and articulately-reasoned pieces of investment research. Ian’s intellectual flexibility so impressed the team at The Manual of Ideas that we set out to find and meet Ian in-person so as to learn more about him and his investment framework, in light of recent price dislocations.
Ian began his career in chemistry designing organometallic catalysts after he received his Masters in Chemistry from the University of Oregon. His research led to several patents and numerous patent applications.
As a professional value investor, Ian shares timeless wisdom in the following highlight from our conversation together: