Corequity is an institutional equity research firm founded by Robert L. Colby, providing independent valuations for over 500 equities. Our proprietary database of valuation data provides specialized investment research to make more informed investment decisions.
“The net profit test, cuts through to the essential logic of comparing a process that grows a bigger pie — reinvestment — to a process that divides a shrunken pie among fewer people: share buybacks.” – Gary Lutin, former investment banker
Robert L. Colby, Founder, Corequity
Robert Colby is a retired Investment Professional, Financial Advisor, and developer of Corequity, an equity valuation service used by institutional investors.
Robert started his career as co-founder of Marcinvest Fund, a no load equity mutual fund in Canada. At Marcinvest, he developed a valuation methodology to determine whether street expectations were already discounted in the stock prices. Marcinvest later merged with Altimira Management and Mr. Colby continued on as the sole Equity Manager.
After Altimira, Mr. Colby continued his career in Boston as founder of Colby Equity Valuations, Inc. an institutional equity valuation service. The valuation model was digitally scaled in order to cover a large number of equities and assisted in identifying overvalued and undervalued equities.
Institutional clients include Allied Signal, Canadian Pacific, Canadian Broadcasting, General Electric, Ontario Hospital Association and Ontario Municipal Retirement System, Choate Hall & Stewart, Fidelity International, Fiduciary Trust Company, The First Church of Christ Scientist, Gardner & Preston Moss, Harvard Management Corporation, Jarislowsky Fraser, Massachusetts Financial Services, Thorne Ernst & Whinney, United Financial Management and Wellington Management.
Robert Colby has had extensive corporate Board experience both as board member and officer of a number of for profit and non-profit organizations. A graduate of McGill University, he maintains residences in Dedham, MA and Georgeville, Quebec.