Martin D. Sass is Chairman and Chief Executive Officer of M.D. Sass, a leading independent registered investment management firm, which he founded in 1972. M.D. Sass currently manages approximately $7 billion in hedge funds, private equity funds and separate accounts in equity, fixed income and alternative investment strategies.
Before founding M.D. Sass in 1972, he was President, Chief Investment Officer and a principal shareholder of Neuwirth Management and Research Corp. Earlier he was the Founder and Director of the Special Situations Division of Argus Research Corporation.
Mr. Sass received a B.S. (Accounting major) from Brooklyn College and studied Finance and Investments in graduate M.B.A. programs at NYU and CUNY. He is Vice Chairman of the Brooklyn College Foundation, Chairman of its Investment Committee and is launching the M.D. Sass Investment Academy at the College in 2015. He is a member of the Chief Executive's Organization, the World President's Organization and Chairman and Founder of The Sass Foundation for Medical Research.
Companies have been crushing earnings so far this quarter, but a strange trend is developing: Those that beat expectations are seeing their stock price fall.
The OPEC-Russia alliance is not ready to give up its renewed power to increase oil prices, says leading analyst Dan Yergin.
Crude futures turned sharply lower after President Donald Trump said he would not tolerate OPEC boosting oil prices.