Austin, Texas
Chemistry, then patents, then a decade running a value fund — and, all along, a guitar. The longer story is below.
Joel came to investing by an unusual road. In high school, his work on DNA computation of NP-complete problems won the international science fair; at Rice University he studied chemistry, graduating magna cum laude, with research across DNA computation, nanotechnology, and organic chemistry that produced several publications and a U.S. patent. From the lab he moved into intellectual property: eighteen years as a patent agent, eventually leading a team of attorneys stewarding a multi-billion-dollar patent portfolio.
In 2013 he co-founded Austin Value Capital, a value-investing partnership run on the principles of Graham, Buffett, Fisher, and Marks, with a focus on risk and in-depth analysis. For roughly a decade he managed the fund and wrote for his partners — the essays gathered under Financial. Alongside them he kept a quieter series, Rational Awakening, on attention, desire, will, and what a life is for.
These days he is the CFO of RippnerTennis, his family's tennis business, and he builds things — software, websites, the occasional game.
And, most weeks, a circle of men. Joel leads Uncivilized's in-person men's group in Austin and an online circle on Tuesday mornings. He trained for that work with Uncivilized — How to Work with Men, the Leadership Crucible — and with Duey Freeman in the Art of Instinct and Intuition, and he has been through more initiations than would fit neatly on a list.
And always the music: guitar and voice, covers and originals, recorded at home.
The road
Education
B.S. Chemistry, Rice University
magna cum laude
Patents
18 years in intellectual property
led stewardship of a multi-billion-dollar portfolio
Investing
Austin Value Capital
value partnership, 2013–2023
These days
Writing
11 financial essays
7 personal essays
RippnerTennis
CFO, the family tennis business
software, websites & games
Men's work
Uncivilized men's groups
leads circles in Austin & online
Music
Acoustic covers & originals
recording now