Vision Research was formed in 2004 with the vision of generating the best possible fundamental analysis and investment research for smid cap US equities. In 2008, we broadened our coverage to include mid/large cap US stocks. After researching a few ideas outside the US each year for a number of years, we launched a dedicated non-US equity product at the end of 2015. This was followed by the introduction of a product focused on IPOs in mid-2017. On April 1, 20201 we launched our new SPAC database called Voodoo SPAConomics (VS). Our investment ideas are sourced from multiple angles, including quantitative screening, qualitative screening through the use key word screens of various types of documents, and daily reading, research and observations. Some initial due diligence researching these equities yields a pool of companies that forms a watchlist that is less than 5% of size of the original list of tickers. Analysts then dedicate substantial time to fully vetting these ideas, resulting in ~50 page slide deck for an individual equity.