Albert Meyer is founder and president of Bastiat Capital*. Mr. Meyer draws on 15 years as an accounting professor and 11 years in equity research. Mr. Meyer, a Deloitte & Touche alumnus, is a Chartered Accountant and a Certified Public Accountant.

Mr. Meyer was formerly an Accounting Professor at Spring Arbor University in Michigan and Assistant Academic Dean at the University of Natal, South Africa. In 1995, Mr. Meyer was awarded the Michiganian of the Year award for exposing the New Era Philanthropy Foundation, a Ponzi scheme that defrauded non-profits of hundreds of millions of dollars. In 2005, the American Accounting Association honored Mr. Meyer with the Accounting Exemplar Award.

In 1996, he joined Martin Capital Management as a portfolio manager. During this time he questioned Coca-Cola's accounting practices; which, subsequently, led to a number of publications including a cover story in the New York Times and Harvard Case Studies.

At the end of 1998, David Tice & Associates hired him as a research analyst. Mr. Meyer's report on Tyco was the first published assault on the company's accounting and governance practices. In 2002, Mr. Meyer founded 2nd Opinion Research, an independent equity research firm.

* Bastiat Capital, LLC serves as the investment sub-advisor to the Mirzam Capital Appreciation Fund. Investment decisions for the Mirzam Capital Appreciation Fund are made jointly by Albert Meyer and Dusty Culbertson.

Some of Albert's other discoveries include:

Coca-Cola Report Jun 1998: Demystified financial statements and alerted investors that Coca-Cola was feeding off its not-so-independent bottlers to artificially inflate its own numbers related in Constance Hays' book The Real Thing: Truth and Power at the Coca-Cola Company.

Tyco Report Sept 1999: Was the first published assault on Tyco's accounting and governance practices documented in The Wall Street Journal.

Enron Report Jul 2001: Highlighted Enron's accounting deficiencies and predicted the stock was worth less than a third of its then market value prior to Skilling's resignation, but could fall further as catalysts emerge. (Back To Profiles)