Werres, Tseng & Co. is a private investment management firm.  Our goal is to deliver attractive risk-adjusted returns for our investors over an extended period of time.  We manage a concentrated portfolio of investments, which may include equity, debt and derivative securities.  Our approach to investing is value-oriented and risk-averse.  We focus first and foremost on protecting against the risk of permanent loss of capital, primarily by ensuring that each of our investments is made at a price that reflects a meaningful discount to our appraisal of intrinsic value.  We invest based exclusively on primary, fundamental research and utilize a long term perspective.

315 Montgomery Street, Suite 813 San Francisco, CA 94104 Tel: (415) 992-8125

470 Atlantic Avenue, 4th Floor Boston, MA 02110 Tel: (617) 553-4650