My name is Christopher Leder, and I am a third-semester Bachelor’s student in Business Administration at the University of Münster in Germany. Alongside my studies, I gain valuable practical experience as a working student at PwC in the auditing department. For the past three years, I have dedicated a significant portion of my personal time to equity research and private investing, turning a long-standing passion for the markets into a disciplined daily practice. My investment philosophy is centered around a GARP (Growth at a Reasonable Price) approach. I look for companies that exhibit sustainable growth potential but are trading at valuations that offer a clear margin of safety. My work in auditing has taught me the importance of financial integrity and the necessity of looking beyond surface-level narratives. Therefore, my research process is heavily focused on fundamental analysis and unit economics, as I believe these are the true indicators of a company’s long-term viability. I believe that a good investment thesis should always be stress-tested through numbers. To achieve this, I build my own proprietary Excel models for every analysis, breaking down revenue streams and cost structures to understand the underlying mechanics of a business. My goal on Seeking Alpha is to share my journey as a young investor and aspiring analyst. I aim to provide the community with transparent, grounded, and data-driven insights that move past the “noise” of the market. I am motivated by the opportunity to learn alongside other investors and to contribute honest, model-based research that helps us all make more informed decisions.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of HIMS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
