The Dow Jones Industrial Average closed above 11,000 for the first time in more than a year and a half April 12 — marking a return to a height not seen since a tumultuous September 2008 that shook Baltimore and Wall Street. But can the same be said for local stocks?

This is an interview with the Portfolio Manager, Niall O’Malley which was originally published in the Baltimore Business Journal. “Niall O’Malley has impeccable timing.  The businessman began seeing the cracks in the American economic system three years ago and decided to leave his job as vice-president…”

There are many ways to look at investments. As a portfolio manager, I use growth at a reasonable price (GARP) as a framework to shape my observations.

Synchronized global deleveraging and cash hoarding are creating overstated capital shortages as fair value increasingly deviates from intrinsic value.