Charles Lemonides is the founder and CIO of ValueWorks, an independent financial firm based in New York City. He established ValueWorks in 2001 with the aim of expanding the accessibility of his conceptual value investing discipline to both retail and institutional investors. Lemonides spearheads investment research and portfolio management at ValueWorks, holding the ultimate authority in all investment decisions.
Lemonides' career on Wall Street began in 1986 as a researcher at the brokerage Gruntal & Co. He is a CFA and previously held the position of Chief Investment Officer of Sterling Advisors, an investment advisory unit within Gruntal & Co. ValueWorks LLC, which he founded, is a hedge fund focused on deep value, employing both long and short equity strategies. Lemonides' investment philosophy took shape during his time in Gruntal's Research Department, where he developed expertise in risk arbitrage and value investing.