Piocaro is created by investors for investors. It aims to put the power of intelligent investment decision-making into the hands of ordinary investors. Our primary focus is to help ordinary investors be confident that they have made the best possible investment choices.
Piocaro analyses tens of thousands of funds based on the eternal triangle of investing: Total Return, Downside Risks and Fee. Using a Nobel Prize winning theory along with a well-known and proven method in operations research and economics for benchmarking, we help ordinary investors make intelligent investment decisions by understanding the risk-return trade-off among the best performing, low fee funds.
The Founder, Budianto Bong, arrived at the original idea for Piocaro while independently managing his own 401K. While the financial advisors and planners he consulted were able to advise on asset allocation, how to choose the right assets was not transparent. After an extensive search for available data and analysis that yielded no results, his frustration led him to discussions with financial experts confirming that this was indeed an opportunity to address for ordinary investors.
With his background in engineering and software development in Silicon Valley, Budi decided to address this issue by building a service that compares assets/funds more broadly to help investors like himself make better trade-off decisions in Risk and Return.
We are a US fintech start-up with a development team in Australia and Asia. As the founder, Budi has over 20 years of experience working in marquee Silicon Valley high-technology companies including Cisco and VMware in the area of software development and product management. He has a Bachelor and Master’s degree in Computer Engineering from Santa Clara University, an MBA from Santa Clara University and advanced management certification from Stanford University. He has a Master of Finance from the University of Sydney.