Yirviel Somé yirvisom

Asset Management · Pitch Desk · Portfolio · LinkedIn · Email

`~/ $ mandate`

I am training to manage capital the way a portfolio manager is accountable for it: an explicit objective, a policy allocation, a risk budget, a repeatable research process, and an attribution report that tells the truth.

My public work is the evidence trail: portfolio construction and VaR on the Bourse de Casablanca, a live market-data terminal, full equity valuations rebuilt from the filings, and a daily stock-pitch discipline. FMVA® · BIDA® · CFA® track (preparing).

Currently — working through the CFA® curriculum domain by domain, running factor and risk research on Moroccan listed equities, and keeping a daily pitch desk on the record.

Looking for — asset management, portfolio analyst, investment analyst, equity research, or risk analyst roles.

The process I train on

01 · Mandate & IPS	Start from the client's objective, constraints, horizon, liquidity needs, and tolerance for loss — not from a view. The investment policy statement is the contract every later decision is judged against.
02 · Strategic allocation	The policy portfolio sets the beta. Equities, fixed income, cash, and alternatives sized by horizon, liquidity, and drawdown tolerance — the largest driver of long-run outcomes, and the easiest place to fool yourself.
03 · Security selection	Bottom-up valuation inside the policy bands: DCF, comparables, fundamental screens, and factor exposures. A thesis has to survive the filings before it earns a position — and a margin of safety before it earns size.
04 · Construction & risk	Covariance, position limits, concentration rules, factor exposures, VaR and CVaR, and stress tests. Risk is sized before the return case is made: the first question is what breaks the book, not what beats the benchmark.
05 · Monitoring & attribution	Performance against the policy benchmark, Brinson and factor attribution, rebalancing discipline, and written reporting. The record is the product: returns are explained, not merely reported.

The desk is the process, not the view.

The CFA® Program, mapped to the desk

I am preparing for the CFA® Program — not yet registered — and reading each domain as a desk responsibility rather than a checkbox. Ten domains, one integrated job: steward capital with a process that can be explained.

Ethics & Professional Standards _{Trust is the license to manage money. Conflicts, disclosure, fiduciary duty.}	Quantitative Methods _{Return distributions, regression, simulation — the math behind the risk numbers.}
Economics _{Rates, inflation, and cycles: the macro backdrop every allocation sits inside.}	Financial Statement Analysis _{Rebuild the statements before believing the multiple.}
Corporate Issuers _{Capital structure, governance, and capital allocation — the quality of the compounding.}	Equity Investments _{Valuation, industry structure, and market efficiency inside the policy bands.}
Fixed Income _{Duration, credit, and curve positioning — the ballast in a policy portfolio.}	Derivatives _{Hedges, exposures, and the real cost of insurance.}
Alternative Investments _{Private markets, real assets, and the liquidity premium that pays for patience.}	Portfolio Management & Wealth Planning _{The integrating domain: IPS, allocation, risk, attribution, and behavior.}

Selected work

_{Daily discipline — a dated BUY or SELL on a Bourse de Casablanca name, every trading day.}

By the numbers

Toolkit

Allocation & risk

Research & valuation

Engineering & publishing

The reading room

The shelf behind the process — theory, risk, and the judgment that keeps a portfolio manager honest.

Asset Management — Andrew Ang
Active Portfolio Management — Grinold & Kahn
Expected Returns — Antti Ilmanen
Portfolio Selection — Harry Markowitz
Value at Risk — Philippe Jorion
Investments — Elton, Gruber, Brown & Goetzmann

Reading now — Asset Management (Ang) for factor investing, alongside Expected Returns (Ilmanen)'s risk-premium maps.

How I work

Risk first, return second _{Every position starts with what hurts me. If the drawdown story holds, the upside takes care of itself.}	Process over prediction _{I don't bet on being right — I bet on being able to explain, test, and size a view. Faith in process, not forecasts.}
The write-up is part of the decision _{If it cannot be put in front of an investment committee — sourced, sized, and falsifiable — it is not a decision yet.}	Reproducible research _{Pipelines over one-off spreadsheets — versioned, schedulable, and honest about their confidence. No black boxes in finance.}

Elsewhere

Asset management & PM — deyirviel.com/asset-management
Stock pitch desk — deyirviel.com/pitches
Portfolio & case studies — deyirviel.com
LinkedIn — in/yirviel-somé
Email — yirviell.some@gmail.com

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