Kiril Sokoloff is the Chairman and founder of 13D Research. As investment legend, Barton Biggs, once observed: “Kiril Sokoloff is a breath of pure, fresh investment oxygen. He is invaluable because he is an original thinker and is not afraid to take extreme views.”
A life-long learner, Kiril is devoted to the pursuit of truth- in investments, in health, life and the living of it, wisdom of the ages, lessons of history as applied to the present, eternal truths and the way forward for humanity and the planet. He considers peace of mind and humility among his most important personal goals.
Kiril has studied history and the lessons of history for most of his life. Kiril also believes that trust is a vital component of relationships and the best way to establish it is a passionate, totally-committed desire to serve the needs of others. This can only come from the heart.Read more
Kiril began to lose his hearing as a teenager, ultimately going entirely deaf by the early 1990s, but he resolved to never avoid a business or social event due to deafness. He committed to turning this weakness into strength, and developed a highly-attuned intuition. In 1996, Kiril received a cochlear implant, which restored much of his ability to hear conversation. These experiences reinforced Kiril’s dedication, resilience, and commitment to looking beyond the surface for deeper understanding of herd mentality, hidden assumptions, and how things could change.
13D Research’s major client base includes large-scale money managers, sovereign wealth funds, large private and public corporations, family offices, private equity and distressed funds, high-net-worth individuals, hedge funds and business leaders all over the world. Kiril has been an advisor to many of the largest pools of global capital for over 30 years. 13D Research has representative offices in Paris, Delhi, Hong Kong and is headquartered in the U.S. Virgin Islands.
Kiril co-founded the first pure Asian hedge fund in early 1992 just as the huge bull market in Hong Kong stocks got underway and retired before the Asian financial crisis. In 1994, he co-founded one of the earliest pure technology funds, just before the Internet stock boom began, then retired a few years before the IT bust.
Starting in 2001, Kiril and his team began to write What I Learned This Week, which is an amalgamation of key investment themes, insights into global trends and summaries of Kiril’s readings in history, literature, biography, finance, the latest cutting-edge health therapies, and numerous other topics. What I Learned This Week has gained a worldwide audience, and Kiril is also the author of five investment books.
In 1977, he was one of the first to join Jack Kemp’s “supply-side” revolution, which advocated cutting tax rates to restore economic growth. This became a core principle of Reaganomics, which launched the subsequent 30-year bull market in financial assets. Kiril also co-authored Is Inflation Ending? Are you Ready? (McGraw-Hill, 1982), which correctly predicted disinflation and the long boom in financial assets.
In 1983, Kiril founded 13D Research, which evolved into a theme-driven investment research firm dedicated to identifying the “next big thing.” Throughout the 1980s, Kiril wrote and lectured widely to investment groups, arguing for a long secular period of disinflation. His mantra: “The highest interest rates in capitalism will eventually be followed by the lowest interest rates.” Beginning in May 1984, Kiril recommended purchasing 30-year U.S. Treasuries, which at the time were yielding 14% and which Kiril called “The investment opportunity of a lifetime”.
Another contrarian theme was the Hong Kong stock market in the early 1990s. The Hang Seng was selling at a “China discount”, while Kiril believed it should be selling at a “China premium”. He opened an office in Hong Kong and traveled to many of China’s important cities. In 1992, Kiril reviewed dozens of private equity investments in China. His clients invested well over U.S. $10 billion in the Hang Seng Index between 5,000 and 6,000. In early January 1994, when the Hang Seng was selling for 12,500, Kiril issued a sell signal on the region and closed his Hong Kong office.
In late 1996, Kiril noticed that Malaysia had recently completed the world’s highest building, and was in the process of building the world’s longest building. These were traditionally major sell signals. Kiril began a series of what became over 100 major articles on the coming boom/bust in emerging Asia, emerging markets and eventually, the developed world’s markets.
In 2002, with oil at $20 after a 20-year bear market in commodities, Kiril launched his “commodity boom” theme. In October 2012, Kiril turned bearish on the yen and bullish on the Japanese and Chinese equity markets.
Kiril has made a number of mistakes in his career–some of which were very painful and ill-advised. Yet each led to intensive study of the lessons of history, a global quest for experts in that arena, and subsequent expertise.
Kiril spends much of the year travelling in key global markets, and typically devotes 12-14 hours a day reading, thinking, learning, researching and meditating. Kiril’s 32-year track record and insight into emerging opportunities can be obtained by contacting 13D Research.
Anurag heads 13D’s team of 11 engineers and analysts in India. He has been associated with 13D for over 5 years and has been in charge of India macro and stock selection and many of 13D’s advances into new technologies such as big data and development of its mobile platform. Anurag’s India stock selections have consistently outperformed the Sensex and the MSCI over the past three years.
Prior to 13D, Anurag worked at State Street Syntel Sourcing, where he developed and monitored liquidity projections for a variety of PIMCO debt funds. Anurag also worked with India Infoline for two years as a capital markets and derivatives dealer where he delivered outstanding returns while managing a portfolio of high-net-worth clients.
Anurag earned a Bachelor’s degree in Mathematics from Meerut University, India and an MBA from Uttar Pradesh Technical University, India. He is a certified capital market and derivatives dealer.
Arvind Sachdeva has been associated with 13D since August 2012 and has had over twenty-seven years of broad investment management experience. Arvind began his career at Carillon Advisers, where he spent eight years as a Portfolio Manager.
Following that, he transitioned to Dean Investment Associates where after two years, he was promoted to Director of Research and Chief Investment Officer, positions which he served in for five years, managing over four billion dollars for private individuals and institutional clients.
In 2000, Arvind joined Victory Capital Management, where he joined the Asset Allocation Committee, industry Weighting Committee, and Financial Services and Capital Goods Sector Teams. Within three years, he was named as the Lead Portfolio Manager and Chief Investment Officer of Large Capital Value Strategies and the firm’s Focused Value Strategy. At yearend 2010, the Focused Value Strategy was ranked in the top one percentile for the one, three, and five year periods by eVestment Alliance.
Arvind earned his Bachelor’s degree from Georgia State University in Risk Management and has been a Chartered Financial Analyst charter holder since 1993.
Brent joined the 13D Research team in September 2007 as a Senior Account Manager. He personally designed and executed multiple sales and marketing strategies, which generated record growth for the company over a 3-year period.
Brent now oversees all client relationship management, high-net-worth client sales, as well as senior staff development.
Prior to becoming associated with 13D, Brent served for 14 years in the Office of Special Investigations in the U.S. Air Force. He currently serves as a Major in the Air Force Reserves. Brent earned a Bachelor’s of Science from the University of Missouri. He graduated magna cum laude and earned an MS in National Security Studies.
Eoin has been associated with 13D Research for over 10 years. He has spearheaded critical efforts in the areas of document rights management, mobile technology adoption and international marketing.
Eoin’s areas of expertise are management, leadership, strategic thinking, client relationship development, mobile apps and early-stage investing. Prior to 13D Research, Eoin was a Portfolio Transition Manager at Russell Investments, a $250B fund of funds firm, where he was responsible for interim management of investment portfolios.
Eoin served 6 years as an officer in the Navy SEAL Teams, where he was responsible for training and leading a 16-man SEAL Platoon. Eoin earned a Bachelor’s of Science in Aerospace Engineering from the United States Naval Academy and an MBA from the Foster School of Business at the University of Washington.
Jay A. Sellick
Jay has 28 years of investment experience on both the buy and sell side. Jay has been associated with 13D Research for 17 years and he has specialized in the global energy industry since 2002.
Known as an excellent stock picker, Jay also has contributed to 13D’s global macro strategy. He also was an analyst and portfolio manager with Reich & Tang Capital Management in New York. Jay earned his Bachelor’s degree from the University of Notre Dame in 1987, his MBA from New York University in 1992 and the Chartered Financial Analyst designation in 1993.
J.D.’s association with the 13D Research team started in 2003. His areas of expertise are leadership, strategic planning, business development, client relationship, technology developments, mobile apps management and early-stage investments.
Prior to 13D, J.D. worked as a consultant with McKinsey & Company and served as an officer in the U.S. Navy. J.D earned a Bachelor’s of Science in Ocean Engineering, with merit, from the United States Naval Academy and an MBA from the Harvard School of Business.
Jonathan has worked in the investment industry for over 10 years. He became associated with 13D in 2010, bringing analytical experience and expertise in investment strategies, portfolio construction and research.
In 2014, he began to focus on senior-client-relationship management, new-client sales, strategic-marketing campaigns and senior-staff recruiting.
Prior to 13D Research, Jonathan worked at Franklin Templeton Investments, where he was screened and selected to serve in a distinguished rotational training program available to only two associates annually. At Franklin Templeton, he served on a variety of analyst and portfolio management teams at the Fort Lauderdale and New York City offices.
Jonathan earned his Bachelor’s degree in Finance from the University of Florida and is a CFA charterholder.
Kate has been associated with 13D for over 15 years. She spends extensive time analyzing trendsetting companies and industry thought leaders in an effort to identify demographic shifts and key socio-political events that will resonate on the macroeconomic stage.
Her timely and accurate analysis and risk assessment on Al-Qaeda and global terrorism in August of 2001 proved a watershed moment for the company and 13D clients globally. In 2002-2003, she authored an original series on the coming boom in emerging markets, with a special emphasis on the middle-class consumer.
Kate is a recognized expert in advanced research techniques and works closely with the senior analyst team to connect meta-themes with specific sectors and stocks. As a scholar of world history, Kate also authors book reviews with a predominant focus on stories of inspiration, travel and exploration as well as current social commentary.
Kate graduated Phi Beta Kappa from Columbia University and earned a Masters in Library Sciences from Queens College, CUNY.
Kevin joined the 13D Research team in June 2012 as the Chief Operating Officer. His expertise and experience span improving business processes across all functional areas, as well as the design and implementation of global growth strategies.
Kevin brings over 15 years of leadership experience and management background with demonstrated expertise in assessing and mitigating a variety of risks across a myriad of industries and dynamic professional environments.
Prior to joining the team at 13D, Kevin worked as a Senior Associate at Chicago Growth Partners where he identified and executed leveraged buy-out investments in the firm’s core focus areas. He built a successful track record there of focused investing and driving returns through improving operational efficiencies and developing management teams.He spent the previous 12 years serving as an officer in the U.S. Navy SEAL Teams where he led SEAL and Coalition Forces during seven deployments worldwide. His last two years of service were spent at Basic SEAL Training, where he led 120 SEAL instructors in the screening and selection of over 1,000 SEAL candidates annually.
Kevin earned a BA from the University of Michigan and an MBA from the Tuck School of Business at Dartmouth.
Lei Yang has been associated with 13D since 2005. He heads up 13D’s China and Asia macro research as well as individual stock selection. Lei has a deep understanding of the Chinese economy and how the Chinese leadership impacts both the economy and the stock markets.
Lei was instrumental in 13D’s buy signal on the Chinese equity market in October 2012. He also assisted in 13D’s major call to short the yen and buy Japanese equities in October 2012.Lei also serves as the Editor-In-Chief of the Chinese version of What I Learned This Week Lite, an abbreviated version of the full English version of What I Learned This Week.
Lei earned his Bachelor’s degree from Changsha University of Science & Technology and his Master’s Degree in International Business from Norwegian School of Economics (NHH). Lei passed CFA Level 3 Exam in June 2006.
Rhett’s association with the 13D team began in July 2004. His areas of expertise are leadership, management, innovation, strategic planning and the development of client relationships.
Prior to 13D, Rhett worked as a consultant with McKinsey & Company where he collaborated directly with the senior management of Fortune 500 companies solving critical business problems and designing and implementing unique solutions. He started his career in business and finance working as an investment professional with the Private Wealth Management Group at Goldman Sachs.
Prior to entering the private sector, Rhett spent 9 years as a Navy SEAL officer where he served as a SEAL Platoon Commander. Rhett holds a Bachelor’s of Science in Oceanography from the United States Naval Academy and an MBA from the Tuck School of Business at Dartmouth.
Travis has over 12 years of accounting and finance experience. His association with 13D Research began in 2008. His areas of expertise include tax, international strategy and compliance, financial analysis, modeling and family office services.
Prior to 13D Research, Travis was a tax professional at Deloitte. He was also an analyst at Atlantic Trust Company where he provided finance and investment planning for high value legacy clients.
Travis earned a Bachelor’s degree in Business Administration and Accounting from Idaho State University and a Masters in Taxation from the University of Denver. He is a practicing Certified Public Accountant (CPA).
Trevor joined the 13D team in July 2015 after more than ten years working in digital media. His areas of expertise include digital strategy, audience engagement, art direction, and disruptive technologies.
Prior to 13D, Trevor worked for eight years as a Digital Creative Director at Showtime Networks where he guided strategy and development of digital marketing tactics, building a track record of impactful and award-winning creative. His work has been honored with a Producer’s Guild Award nomination, four Emmy Award nominations, and an Oscar nomination.
Trevor earned his Bachelor’s degree with Honors in Creative Writing from Brown University in 2003.
Matt’s association with the 13D Research team began in February 2008. His areas of expertise are treasury and risk management, international banking, financial analysis, compliance, as well as strategic planning and implementation.
Prior to 13D, Matt worked as the controller of a startup company, where he implemented and managed the company’s accounting department, and also structured new business development and corporate finance deals. He began his career in finance working as an investment professional with Fidelity Investments.
Matt earned a Bachelor’s degree in Finance from the University of Utah.
Woodley B. Preucil
Woodley “Woody” Preucil has been associated with 13D for over 30 years. Woody has been instrumental in driving the growth of 13D’s business for nearly three decades by being actively involved in the identification, development, and analysis of many of the firm’s core investment themes—primarily focusing on how disruptive technologies are helping provide solutions to economic problems and transforming industries through the “Law of Accelerating Returns” and Joseph Schumpeter’s “Gales of Creative Destruction.”
Woody and other team members have been consulted by governments periodically to help them improve their economies, such as in 2010, when he and colleagues met with then-President of Colombia Alvaro Uribe Velez and his advisory team about how to digitize the nation’s economy, capitalize on accelerating technology change and leverage the nation’s fertile farmland to help meet the world’s growing food demand.
Woody holds a BA in Economics and Accounting from Ohio Wesleyan University in 1983, earned his CFA certification in 1987, and is a member of the New York Society of Security Analysts and the CFA Institute.