Joel Stevens

Austin, Texas

Writer, investor, and musician.

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 always the music: guitar and voice, covers and originals, recorded at home.

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

Writing
11 financial essays
7 personal essays

Now
CFO, RippnerTennis
software, websites & games

Music
Acoustic covers & originals
recording now