Fuller & Thaler Asset Management, Inc.

Fuller & Thaler Asset Management, Inc. is a U.S.-based investment firm founded in 1993, specializing in applying behavioral finance principles to small and mid-cap equity investments. The firm focuses on identifying market inefficiencies caused by investor behavioral biases, such as overreactions to negative information and underreactions to positive information, to uncover investment opportunities. Their strategies are designed to deliver long-term capital appreciation by capitalizing on these market anomalies.

The firm's investment approach is centered on behavioral finance, aiming to exploit cognitive biases that lead to mispricing in the market. They employ a disciplined process to select stocks that exhibit signs of investor misbehavior, such as significant insider buying or large earnings surprises. This methodology is applied across various equity funds, including the FullerThaler Behavioral Small-Cap Equity Fund and the FullerThaler Behavioral Mid-Cap Value Fund, each targeting specific market segments and benchmarks.

Fuller & Thaler's team comprises professionals with expertise in behavioral finance and investment management. The firm's founder, Russell Fuller, and principal, Dr. Richard Thaler, a Nobel laureate in Economic Sciences, have been instrumental in developing and implementing the firm's unique investment strategies. Their collective experience and commitment to behavioral finance have established Fuller & Thaler as a recognized leader in this specialized field of investment management.