David Merkel runs his own equity asset management shop, Aleph Investments. He manages stock and bond accounts for upper-middle-class individuals and small institutions. Prior to this, he researched and analyzed a wide variety of fixed income and equity securities, and trading strategies. Merkel was also a leading commentator at the investment website RealMoney.com. Merkel specializes in equity and bond portfolio management, macroeconomics, derivatives, quantitative strategies, insurance issues, corporate governance, and more.