Vivian Y. Chen, CFA serves as Portfolio Manager at Marram Investment Management LLC with over a decade of investment experience. She previously worked for more than five years at Karlin Asset Management, a renowned family office recognized as Institutional Investor's 2013 Family Office of the Year, where she focused on capital allocation and implementation decisions. Her earlier career includes roles at Morgan Stanley's Investment Banking Division advising on capital raises and mergers & acquisitions, Equity Research at Credit Suisse First Boston, and Private Wealth Management at Merrill Lynch. Ms. Chen holds an A.B. in Economics from the University of Chicago and is a Chartered Financial Analyst charterholder. She also serves as Managing Editor of Portfolio Management Jar, a platform compiling portfolio construction and management insights from prominent investors.

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Marram's investment philosophy centers on 'patient opportunism,' which has remained consistent since inception in 2011. The firm buys assets when they are undervalued and holds cash when markets are expensive, with strategic hedging when appropriate. They emphasize a disciplined, research-driven investment process focused on controllable factors such as security selection and pricing, supported by continuous knowledge accumulation and a curated 'wishlist' of investment opportunities. The firm follows a 'Three Ughs and You're Out' principle where governance and incentive red flags cause them to avoid investments regardless of valuation considerations. This approach targets long-term wealth growth for retirement or legacy purposes, with the portfolio manager having the majority of her family's net worth invested in the same strategy.

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