Wharton Club Of DC

WAMM: The Analyst’s Edge: Understanding Companies Beyond the Balance Sheet 10/20

Go beyond the numbers in a fireside chat with Steve Clapham, offering insights into how discerning investors identify opportunities others overlook. Wharton Club members & guests are invited!

Washington Association of Money Managers
and
H.L. Lichstrahl & Company
are pleased to present:
The Analyst’s Edge:
Understanding Companies Beyond the Balance Sheet
Monday, October 20, 2025 at 6:00 PM (ET)

Stephen Clapham Founder Behind the Balance Sheet

Howard Lichstrahl Chief Investment Officer H.L. Lichstrahl & Company

Location:
The National Press Club
529 14th Street NW - 13th Floor
The Zenger Room
Washington, DC 20045

Time:
Reception will begin at 6:00 PM
Fireside chat will begin at 6:30 PM

Join us for an engaging fireside chat with Stephen (Steve) Clapham, founder of Behind the Balance Sheet and author of the best-selling book The Smart Money Method: How to Pick Stocks Like a Hedge Fund Pro. With more than 25 years of experience as an analyst on both the sell and buy sides, Steve will share his insights into how investors can uncover hidden value, navigate complex accounting, and think differently about company analysis in today’s markets.

The conversation will be moderated by Howard Lichstrahl, Managing Member and Chief Investment Officer of H.L. Lichstrahl & Company. With over four decades of investment experience spanning E.F. Hutton, Shearson, and Lehman Brothers, Howard brings a deep understanding of markets and a practitioner’s perspective on value investing and disciplined research.

Please register at wammdc.org by 6:00 PM ET on Monday, October 20, 2025. The event is free for WAMM members and non-members. Please try to register early, as the space is limited!

Access Instructions for the National Press Club: Enter the National Press Building through the Main Entrance on the 14th Street, just south of the corner of 14th & F Streets. Take any of the six brass elevators in the main lobby up to the 13th Floor. The National Press Club is a secure facility, and all guests must scan the event's QR Access Code to pass through the security gates at the entrance to the facility. The QR Access Code will be send to all who RSVP for the event in a separate email.

Walking directions to the National Press Club: Take the Red, Blue, Orange or Silver line. Exit at the Metro Center station. Take the 13th Street exit, take escalator to the 13th Street; you should be at the corner of 13th and G Streets. Walk one block south to F Street. Turn right (West) and walk one block to 14th Street. Turn left and walk downhill to the National Press Building lobby.

Parking: For guaranteed parking reservations, the National Press Club recommend booking your parking spot through SpotHero at The National Press Club SpotHero Parking Page. Valet parking is available at the JW Marriott hotel (next to the Press Club) or the Willard Hotel (across the street from the Press Club). Attendees are also welcome to look for street parking.