Virtus Nova Investment Management
We Research Businesses & Invest in them
Virtus Nova Investment Management is an exclusive University of Toronto club focused on investing in stocks through thorough analysis of companies. We use both top-down and bottom-up approaches supported by data analysis. We maintain a portfolio of investment ideas with the goal of outperforming the broader market.
Virtus Nova
Investment Philosophy
Our foundation lies in classical fundamental analysis, including discounted cash flow valuation, supported by statistical analysis and examined from multiple analytical perspectives.Our approach is not defined by labels such as value, momentum, or quantitative investing. We do not trade frequently, speculate on short-term price movements, or seek differentiation for its own sake—though our conclusions may at times diverge from consensus.
We aim to identify high-quality businesses that are mispriced by the market and hold them over the long term. Research incorporates both qualitative judgment and quantitative evidence, with assumptions tested from different angles rather than taken at face value.All research and discussion within the club is conducted for educational purposes only and does not constitute financial advice.
The Meaning Behind Virtus Nova
Ethos
The Virtus Nova emblem represents strength, wisdom, and renewal. The standing lion represents courage, leadership, and integrity. The tree branch symbolizes growth and resilience. The rising sun stands for clarity, knowledge, and long-term vision. The University College building connects us to the University of Toronto’s academic tradition.The name "Virtus Nova," meaning “New Virtue,” represents a new generation of thinkers who pursue strength, intellect, and moral character in their decisions and actions.We are here to learn the effective art of investing. Even experts are always learning. Every member brings a unique worldview, and this diversity of thought strengthens our decision-making. There is no single correct way to invest. Our goal is to help each member develop their own style of investing based on how they understand the world.
Principles
Core Investing Principles
We invest only in businesses we can clearly explain and evaluate.
A great company is not always a great investment if the price is too high.
We evaluate companies based on long-term value creation, not short-term market movements.
We seek businesses with durable competitive advantages.
We value rational, honest, and disciplined leadership.
We invest meaningfully only when conviction is earned.
We form decisions based on analysis, not market sentiment or hype.
We refine our investment philosophy as we grow.
How We do it!
Style of Investing
We invest in high-quality businesses with strong economics, understandable business models, growth potential, and durable competitive advantages. We buy only at prices we believe are fair or undervalued.We do not seek excessive diversification. We take concentrated positions in a small number of companies we understand deeply and have strong conviction in. Investing 2–3 percent in many companies creates distraction without meaningful return potential. If one company is truly exceptional and priced fairly, we may allocate a substantial portion of the portfolio to it.While short-term mispricing opportunities may arise, our core mission remains learning and investing in strong businesses for the long term.Click on the link for accessing our published research on Substack.
Virtus Nova Team
Founding Team
President & CIO - Paarth Sharma
COO & Portfolio Manager - Ameena Khan
Chief Risk & Research Director - Giulia Li
Technology Officer - Afnan Bajwa
Markets & Data Analyst - Farish Pradhan
Valuations Analyst - Zayan Chowdhury
Portfolio Analyst - Ethan Lee
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Paarth is the president of Virtus Nova, studying economics and statistics with a strong interest in investing and capital markets."Ducunt volentem fata, nolentem trahunt"
Paarth Sharma, President & CIO
Giulia is a founding member of Virtus Nova, a life sciences student interested in animal physiology, and passionate about finance and investing.
Giulia Li, Chief Risk & Research Director
Farish is Virtus Nova’s data lead, specializing in statistical and quantitative analysis.
He brings rigor and precision to the club’s research.
Farish Pradhan, Data Lead
Ethan, a Computer Science and Economics double major, manages position sizing and delivers strategic stock pitches to support informed investment decisions.
Ethan Lee, Portfolio Analyst
Zayan, Economics and Political Science double major, assess companies through fundamental analysis & market driven assumptions as a Valuations Analyst.
Zayan Chowdhury, Valuation Analyst
Virtus Nova is driven by a small, committed team with diverse academic backgrounds and a shared standard for rigor. We challenge assumptions, value long-term thinking, and collaborate to produce high-quality research.
Thank you
Please do not hestiate in reaching out to us! Email us if you have any questions!