Michael Seeley is a co-Founder - alongside Robert Stewart - a Director, and the Chief Investment Officer with Juniper Peak Capital Management LLC, a value-oriented, special situation-focused hedge fund management firm launched in 2017. Michael is a Certified Public Accountant licensed with the state of Utah. Mr. Seeley worked as a federal tax associate with KPMG, LLP prior to leaving to develop and oversee corporate tax departments with several private and publicly-traded, multi-national manufacturers and distributors. Michael holds both a Bachelor of Science(Accounting) and Masters of Accountancy (Tax) from Utah State University.
Michael was born and raised in orchards in Washington State and Idaho, lived abroad for a time in England, and now resides with his wife and children along the Wasatch Front in Utah.
I invest (technically) part-time, but I love the markets and immerse myself in them daily. I enjoy writing about my investment ideas as it helps me to organize my thoughts and I am happy to share if it helps others. I invite criticism as it will help sharpen my ideas, so please tell me where, in your opinion, I am going wrong.
My username means 'fortunate' which reminds me I've to partially count on luck given my lack of finance education. It also refers to the fortunes that can be made in stock markets. The apostrophe prolongs the pronunciation indicating the patience required in investing.
My logo reminds me that I've to focus on numbers rather than wishful thinking. It also tells me to avoid complex math and to look for hidden value like the missing '1' in the logo. The missing '1' also represents 25% gain on $4 investment which is the target to keep in focus.
I've no education or training in finance or accounting. Recently got interested in investing; put my entire liquid net worth in stocks to make it a major undertaking for me. I write to benefit from critique and to expose my mistakes so others can learn.
Pursues the unfollowed, unloved or untouted equity in the United States and abroad. Avoids huge market caps, start-up darlings and companies with eager investor relations representatives. Follows microcaps, hundred year pedigrees and boring franchises with strong, but silent management who also own a significant stake in their enterprise.
I am a physicist performing systems engineering research on real-world data fusion problems. My PhD explored chaos, complex and nonlinear systems, and force networks in multiphase fluid dynamics using a bed of flowing sand.
Currently, my academic interests employ optimal estimation theory to combine multiple biased, observations of dynamic systems.
Am a strong believer that most individuals (and institutions) would be better off not trying to beat the market - my last company was a technology-enabled passive investment manager we sometimes described as "Vanguard 2.0", using tailored separately managed accounts to achieve tax and risk benefits not achievable through index funds/ETFs. But have become fascinated by opportunities to achieve additional return without corresponding risk. Not all these necessarily contradict efficient market theory (e.g., liquidity discounts for dual class stock, e.g.), but am struck by how many of these there are, and how easy some are to identify.
Recent retiree after 33+ years in the utility industry. Possess bachelor's and Master's degrees in Business Administration from Indiana University.
Married, 1 son.
Love to watch the stock market, read, play golf and travel!
Life long midwesterner considering relocating to a warmer climate.