Dan Rupp - Building Parkway Capital

Dan Rupp, founder and CIO of Parkway Capital, details the operational and strategic complexities of building an investment firm in Asia. His investment philosophy centers on a "10 plus 3" framework, targeting 10% earnings growth and 3% dividend yields while utilizing a rigorous quantitative process to filter an 11,000-company universe. Rupp emphasizes that while AI and data tools enhance efficiency—particularly in overcoming language barriers across regional markets—human judgment remains critical for managing cross-correlation and assessing qualitative risks. Drawing on lessons from his tenure at Overlook Investments, he advocates for aligning firm growth with investor interests by returning capital during strong market cycles. The discussion highlights the necessity of maintaining a disciplined, apprenticeship-based culture and the persistent energy required to navigate the volatile Asian equity landscape while building a sustainable, long-term business.