Jay Yao

Jay Yao


I am a value investor looking for fundamental catalysts that can unlock value, or for stocks that have a high probability of undergoing favorable mean reversion. Ideally these stocks have wide moats, great businesses, and solid management that are discounted due to market irrationality or temporary negative events.

Recent articles

3 Things Chevron Management Really Wants You to Know

Although first-quarter earnings were disappointing, Chevron management largely reassured investors on the company's near-term outlook. Here are three key takeaways from the conference call.

4 Takeaways From Chevron's Q1 Earnings

Although Chevron reported a challenging first quarter and added billions of dollars in additional debt, the worst is likely over for the company. Here are four key takeaways.

Will Chevron Raise Its Dividend in 2016?

Chevron has raised its annual dividend for 28 straight years. With crude prices below $50 per barrel, will the company raise its payout again in 2016?