A man rejected his fate deserves a new life. A man challenged the world deserves his own kingdom. I am a former bond analyst, now expand my investment universe into equity. As an investor, I believe that the value of any security has deep roots in its underlying business or assets. Thorough business review and sound valuation are the basis of extraordinary returns. Trading is a means rather than the end of investment. I take long or short positions in equity and other asset classes based on my bottom-up fundamental research. All opinions that I write about are my own and all facts quoted are to my best knowledge.
I am a value investor to the greatest extent possible. I also favor dividend stocks. I try to be a buy-and-hold investor, but sometimes I can't avoid the tempation to ring the register or to accumulate the inevitable tax loss. The main thing I have learned is that I have lost more money by selling too soon than for any other reason. I reside in Henderson, NV.
Retired investor. Like dividend stocks, as someday I will need the dividends to meet expenses.
Took a very large hit on our investments in 1973 due to the oil crisis. Am somewhat cautious, but also have a gunslinger investing mentality. While I have some stocks that yield 3 - 4%; like 5+ I try to invest in solid companies that return 5% or more. U.S., Europe, and South American companies have more appeal for me than those in other areas.
As a Graham-and-Dodd value investor for many years, I aim to combine the methods of deep value investing and behavioral finance to identify mispriced securities while remaining alert to sources of macroeconomic risk. I believe periods of market instability such as today can be a great source of opportunity, setting the stage for value investors to strongly outperform through a hedged portfolio combining long positions in deeply undervalued stocks with solid balance sheets and carefully chosen short or put option positions against overvalued and overleveraged firms.