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About Jeremy Lang
Like a doctor who has a disease named after him, Jeremy Lang has an eponymous investment strategy, the Lang Approach, which he dreamed up during a four-year round-the-world sailing tour. In a nutshell, Lang sorts his investment candidates by looking at the analysts who follow them - not because they have an inside edge that demands respect but quite the opposite; because they are often, and predictably, wrong. Lang's studies show that companies where analysts consistently underestimate earnings perform relatively well whereas those where the analysts get their numbers too high generally perform badly. Lang graduated in Econometrics from York University and has more than 20 years' experience as a fund manager. He spent over 13 year at Liontrust before setting up Ardevora Asset Management alongside William Pattisson.
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