Management Firm. HIT Investments was founded in April 2011 to manage the hedge fund, HIT Capital. HIT Capital began trading in 2013 with a goal of achieving superior after-tax returns relative to the S&P 500 Index. HIT Capital’s strategy specializes in capitalizing on structurally inefficient exchange traded products and undervalued securities with positive momentum. The fund diversifies across multiple sectors and countries and has a long bias.
The Manager. Mr. Stephen Read has spent the majority of his life researching, investing and learning how to compound wealth. His personal expertise lies in programming, behavioral finance, and investment analysis. Since graduating from Missouri S&T with a B.S. in Mechanical Engineering he has worked for ConocoPhillips, with a leave of absence, summer of 2008, which he played professional baseball. He has since retired from ConocoPhillips after reaching financial independence in 2020 and purely focuses on HIT. He is passionate about helping others save, invest, and follow their calling. Stephen is a registered Investment Adviser in the state of Texas.
One of Stephen’s favorite quotes is from 2 Corinthians 9:6 “Remember this: Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.”