Rev. Fr. Emmanuel Lemelson is a Greek Orthodox priest, activist, and investment manager known for advocating a philosophy of investment based on Christian ethics.
He is the chief investment officer of Lemelson Capital Management the sole sponsor and general partner of The Amvona Fund, LP which several times has been named the world's top-performing hedge fund according to financial media outlets The Wall Street Journal and Barron's.
His investment research and analysis have been cited in The Wall Street Journal, Bloomberg, CNBC, USA Today, New York Post, Fox Business Network, Fortune, Forbes, Barron's, Business Insider, International Business Times, Reuters Marketwatch, and TheStreet.com and credited with influencing share prices in publicly traded companies, while his ongoing battle with U.S. regulators over Ligand Pharmaceuticals (NASDAQ: LGND) continues to make headlines.
Barron's has called Lemelson an "outspoken" short seller who "wouldn't settle."
Lemelson's role as a mentor and advisor to global star Mark Wahlberg was featured in the HBOMax docuseries Wahl Street.
His position on ecumenism and the role of the Orthodox Church has been cited in The Washington Post, CBS News, Fox News, The Boston Globe, and The Boston Herald among others. Lemelson has also been cited in and written for The National Interest.
Prior to his ordination in 2011, Fr. Emmanuel had 17 years of experience as a successful entrepreneur, including authoring multiple patents in design, business process, and software architecture. As a graduate student, he founded, amongst other businesses, the internet site Amvona which achieved ~120% CAGR between 1999 and 2006. In 2005 Amvona ranked among the ten most-visited photography-related internet sites.
He is the founder and president of The Lantern Foundation, a 501 (c)3 private foundation that provides financial support to Christian organizations as well as the founder of the Stowe conference for charity.
Fr. Emmanuel graduated from Seattle University with a B.A. in Theology and Religious Studies and Holy Cross Greek Orthodox School of Theology with an M.Div, and has served parishes in New England and Switzerland.
Watch: Fr. Emmanuel on Fox Business News Varney & Co. hereWatch: the latest video at video.foxbusiness.com
Watch Fr. Emmanuel on Fox News a Spirited Debate hereWatch: the latest video at video.foxnews.com
Master Investor Magazine - Fund Manager in Focus by amvona on Scribd
Readership and Influence Today - Security Analysis
Gregory Lemelson of Lemelson Capital has also been releasing short thesis research reports on Ligand since 2014, and his short positions have reportedly earned millions of dollars in profits for him and the hedge fund he operates."
The Investment Strategist, February 28, 2019
Lemelson Capital focuses on value and special situations, but it is one of the few that builds ethics into its decisions"
Paul Springer, May 18, 2018, The Deal
In a world where replicating what others do while taking on some extra leverage seems to be the main game, there are still a few that detach from society in general to seek out value. Lemelson proves that it doesn’t matter what you do but how you do it. Be it e-commerce, Finance, investment, or theology, a successful individual is one that is able to at some point detach from the herd and start thinking independently"
Filipe R. Costa, June 2015, Master Investor Magazine
In the old days, when Smith Barney spoke, people would listen. In today's market, when Lemelson speaks, investors may want to listen up as well."
Joel Elconin, September 11, 2014, Benzinga.com
Kulicke & Soffa Industries jumped nearly 7% Tuesday after Lemelson Capital Management announced it was building a stake in the semiconductor and LED equipment maker, saying the company is "absurdly" undervalued... Lemelson made news earlier this month when the investment firm said pro wrestling firm World Wrestling Entertainment was way overvalued, sending the shares down more than 35%"
Gary Strauss, April, 22, 2014, USA Today
The following are just a few more of the thousands of comments that can be found online:
Amvona Short Call Sends WWE Tumbling”
April 7, 2014, ValueWalk
One of the finest articles I have ever read on the internet..."— SeekingAlpha.com
This is a truly superb article..."— SeekingAlpha.com
Strictly awesome analysis..."— SeekingAlpha.com
Great call and analysis... some of the best I have ever seen."— Christopher D Licata, Rayfield and Licata, CPAs
Fantastic analysis. I wish analysts are half as logical as you..."— SeekingAlpha.com
Rev. Emmanuel Lemelson, an extremely talented hedge fund manager..."— Steven Borovay, CFP, Contributor, SeekingAlpha.com
Wow, amazing breakdown of this company and its stock. Very informative and highly detailed..."— W. Walker Jr., Contributor, SeekingAlpha.com
I have never commented on an article in my life but I felt I must take time out of my day to say thank you Mr. Lemelson for the well written, excellent analysis of the Skechers Company... Your article added a great deal of clarity to the situation and I think your assessment is fair and closer to the truth than any that I have seen in a while. Keep up the good work sir, I was beginning to believe that there were no more sane, rational analyst/ commentators out there and you have restored my perspective. Good job and a good day to you...."— SeekingAlpha.com
Spectacular analysis and conviction and you have proven yourself to be an incredible analyzer of companies. You really put the time in and you share every nook and cranny of your analysis. Wall street analysts should be embarrassed by their research compared to yours. Plus, you are committing your own capital to your ideas. Three people I now follow obsessively: Doug Kass, Mohammed El Erian and Gregory Lemelson. Well well done. ...."— SeekingAlpha.com
In my mind an extraordinarily well written and thought provoking article, not to mention a refeshing change from the gridlock of "Apple Valuation" articles out there. I really enjoyed reading it and in fact, it is one of the few on Apple of late that I read from beginning to end. I thank the author sincerely for his unique contribution."— SeekingAlpha.com
Imagine my surprise when I open up today's Barron's to see the Amvona Fund tops for July! Congratulations. I hope this leads to a flood of money and continued success. You have earned it." — Christopher D Licata, Rayfield and Licata, CPAs
SA author Amvona ranks first among hedge funds, again"
Amvona Fund, a Seeking Alpha contributor, tops Barron's best hedge fund list again in October, boasting one-year returns of 119.6% and one-month returns of 13.4%. Amvona picks featured on SA include Skechers (SKX) +71% and Western Digital (WDC) +121%."—Seeking Alpha - Market Currents
Thank you for one of the most... entertaining articles ever to appear on SA..."— SeekingAlpha.com
Wow! Fantastic Article!"— SeekingAlpha.com
I tip my cap to Emmanuel Lemelson..."— Michael Ranalli, SeekingAlpha.com
Thanks for this very fascinating article..." — SeekingAlpha.com
Wanted to say, what an excellent write-up on WWE! Quite comprehensive and includes a hint of caution on the irrationality of the markets even at these valuations." — SeekingAlpha.com
A fascinating article; much more informative and well-written than the usual fare..." — SeekingAlpha.com
Love your humor and insights..." — SeekingAlpha.com
...Your article on Cisco from Feb. 13, 2011 ranked 265th that year (out of 67,978 articles), putting it in the top 99.9961%. Pretty impressive stuff...”
Senior Editor - Seeking Alpha Pro
Eli Hoffmann VP of Content - Editor in Cheif - Seeking Alpha
Thoroughly enjoyed your article. Great writing style. One of the best I've read recently. Thank you." — SeekingAlpha.com
This article is just fantastic!!! It is the best written logical and to the point discussion on the topic. I am sure if you use the same logic in your priesthood then I am sure God exist!!! I actually was in search of inspiration like this but could not find it on my own."— Dr. Nicolas Jabbour,Professor of Surgery - Umass Medical School
Thanks for this compelling and well researched overview of WDC overall business world... with a humor touch as a bonus." — SeekingAlpha.com
Excellent piece..."— Adib Motiwala, GuruFocus.com
Nothing more to add but Bravo."— SeekingAlpha.com
Excellent article in describing investor psychology. Appreciate you taking the time to prepare as this is good reading for any type investor. Also, very good timing." — SeekingAlpha.com
...thank you so much for preaching to this choir member. I feel as though Matt Taibbi and, now, you are the only people, of whom I am aware, that adequately articulate that: Not only does the emperor have no clothes but possibly no Empire without our cooperation. Well done!"— SeekingAlpha.com
I was recently re-reading your Oct. 31 article (here) on how Western Digital is an ideal acquisition target. The stock is up 40% since you wrote that article, so a hearty congratulations on the long position... The share price appreciation has certainly paid off for investors... I'd love to hear your thoughts on the topic... I'm sure SA readers would feel the same..."Best,Rachael GranbyDirector of Buyside Content
...another great article series, mirroring great thinking..." — SeekingAlpha.com
Thank you very much for such a thorough and detailed article"— SeekingAlpha.com
Great Article...Thanks again for a well researched article" — SeekingAlpha.com
...your article was a very good read..." — SeekingAlpha.com
Finally, someone is telling the entire truth about Cisco... I am thankful for your research and candid article. History will prove you are right... Thank You"— SeekingAlpha.com
...while generally agree with your article, I'd like to point out something you may have missed: You may have a great second avocation as a writer of humorous financial articles. Heaven knows, WE NEED IT! Thanks for a very deliberative essay, and delivering it in a very readable format!"— SeekingAlpha.com
This is yet another clear, concise, yet thorough analysis of Western Digital and the HDD industry, thank you... your captioned blog is leading the list of article links I am publishing in my aggregate news service today. It is emailed to over 400 HDD, investment, and supply chain execs in the industry twice per week. I really felt that you nailed it and that you have done so consistently over the last several months. It was time to highlight you to friends and clients in the industry."— Gary Davis, Davis Consultants Asia
I give credit when credit is due and you Gregory really do your homework when you invest I give you that... I been following you for a few years now and all your articles on WDC, and I for one will be buying again if it dips, or has some correction, I think it is an outstanding business and at a very undervalued price like you pointed out. You are really good at analyzing businesses that is for sure. I take few peoples advice when it comes to investing since most people simply don't have a clue even on here, but I always listen to yours since our investing style is so similar and since you make so much sense and everything is so well thought out by you. Keep up the good work..."— GuruFocus.com
Those who shorted the stock at its peak (most notably Lemelson Capital, who also wrote a very compelling thesis to support their short position) would now be looking at a very handsome return."— David Tristan Liu, SeekingAlpha.com
Congrats on being correct about SKX... thank you for making us $$$...”— SeekingAlpha.com
Readership and Influence - Economic Analysis:
On October 21st, 2011 the Commonwealth of Massachusetts Southern Essex District Registry of Deeds (which is overseen by the Secretary of the Commonwealth) published a link to a pdf version of the amvona article "Houston, we've got a problem - Bevilacqua" on their home page with Register of Deeds John O'Brien commenting:
Keep doing what your doing. Not many people are willing to stand up to the big banks that have decided that they don’t have to play like everyone else... Thanks to people like you the complicated matters and cases involved are being broken down into understandable, common language that is getting the information out Main Street. Wall Street isn’t happy … but shame on them in the first place for participating in these fraudulent schemes."—John O’Brien, Register of Deeds
Greg Lemelson makes the case that a little-noticed Massachusetts Supreme Court decision this week basically made all foreclosure sales in MA over the past 5 years "wholly void." Of particular interest is the remedy to those who find themselves with worthless title - it's not against the foreclosed homeowner, but against the bank/servicer that improperly foreclosed."—SeekingAlpha, Market Currents
...the best current status report for the mortgage mess that I’ve seen this week or for that matter, this year. It’s worth studying because it fills in a lot of spaces with real information and reality applied to the gaslight environment created by Wall Street." —Neil Garfield, LivingLies Weblog
Beautifully written. Lyrical and truthful. Thank You Gregory M. Lemelson" —Lisa Epstein, ForeclosureHamlet.org
Hey, do you live in Massachusetts? And did you buy a bank-foreclosed house? In the last five years? Oh boy. You’re probably going to want to sit down for this. You kept your moving boxes, right? And receipts? Because things are about to get a little complicated in the Bay State.." —Mike Bevel, InsideArm.com
...a fascinating article about strategic default. There are a ton of terrific arguments and one-liners, but two parts I really like: (1) the conclusion it is unethical to pay a mortgage; and (2) criticizing foreclosure defense lawyers who advocate against strategic default, concluding that position is a byproduct of fear, shame, and guilt, not reason." —Mark Stopa, Stopa Law Firm
This is a fantastic article written by Gregory M. Lemelson... I like his writing style... this article is a fun read, while somewhat tragic, when you understand what is and has been happening in our country. It is also highly instructive and articulates well many of the pertinent issues in this foreclosure scam around our country – which is nothing more than the seizure of homes and wealth in a massive transfer of money and property to the 1%."— Lane A. Houk, War on the Home Front (On Eaton – Dividing the Mortgage Loan and Affirming the Consequent)
This is an incredible Article...." - Tony Wikrent, Real Economics (On the ethics of Mortgage loan default)
A Few References - Faith and Religion
A Few References - Security Analysis and Investing
The Street - Why World Wrestling Entertainment (WWE) Stock Finished Down Today (April 11th, 2014)
USA Today - World Wrestling pummeled four out of five rounds this week (April 11th, 2014)
Market Currents - SeekingAlpha - WWE can't pull out of a slide (April 11th, 2014)
ValueWalk - Amvona Short Call Sends WWE Tumbling (April 7th, 2014)
Benzinga - WWE Has Monster Run, But Could It Soon Be Slammed? (April 4th, 2014)
"Editors' Pick" - Gurufocus - "The Short Case for World Wrestling Entertainment" (March 17th, 2014)
SA Market Currents - SA author Amvona ranks first among hedge funds, again (Nov 25th, 2013)
"Editors' Pick" - Gurufocus - "Apple's Crime and Punishment" (March 14th, 2013)
Lighting Rumours - Photoflex pays $100k damages to settle Amvona defamation case (Feb 27th, 2013)
Digital Journal - Amvona blog to donate $100,000 to charity from defamation lawsuit (Feb 26, 2013)