Adam Xiao, CFA
Research Analyst

Research Experience Start Date: 2013

KAR Start Date: 2018

Sector Coverage: Small cap and mid cap financials, communication services, consumer discretionary, and information technology sectors

M.B.A., Columbia Business School

B.A, Operations Research and Management Science, University of California, Berkeley

Prior Work Experience:
Equity Research Senior Associate – Diamond Hill Capital Management.
Equity Research Associate – Dodge & Cox

What Do You Enjoy Most About Your Job:
Adam finds the work of investing a joy because of the continuous discovery and knowledge accumulation. He lives for the moments when learning about a company and realizing there might be something special there, it sets off for him a thrilling chase to verify that inkling and to fully understand each aspect of the business that contributes to that specialness. Each incremental discovery adds to Adam’s understanding of business and competition. That feeling of growth keeps him motivated and excited throughout.

What Do You Enjoy Most About Working at KAR:
What Adam loves the most about KAR is working with people who have a deep passion for investing and a strong desire to continuously improve at it. He is invigorated every day by the atmosphere of shared striving to hone the craft. The best part of our entire team is that each member is warm, friendly and enthused to help you. The discussions we have, challenging our ideas and exploring new avenues of thinking, have each time made him better – and that is a feeling that he treasures.

What Are You Involved in Outside of Work:
Outside of the office, Adam spends a good amount of time on fitness. He enjoys being active, not only because of the endorphin rush post-workout but also because of the opportunity to get a little better and go a little further each time. He is also constantly on the lookout for new songs that move him, great fiction stories that resonate, comedians well-versed on the human condition and well-researched psychology lectures that can teach him about who we are.