Richard Schimbor is responsible for assisting in all phases of the equity research process, including model construction, news and event tracking, and research projects. Richard began his career at Falcon Point Capital, a long-short hedge fund in San Francisco. Most recently Richard served as an Assistant Vice President at U.S. Bancorp. Richard has held internships in equity research with Trust Company of the West and Dalton Investments. Richard received a B.A. in Economics with Highest Honors from the University of California, Berkeley and an M.B.A from the UCLA Anderson School of Management. Richard has been with the firm since 2016.
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After closing at a record high yesterday, the Standard & Poor's 500 stock index dropped about seven-tenths of 1% today. The index returned 5.2% in April -- more than five times the monthly gain stocks averaged for nine decades.