I have been investing since the late '70s and managing individuals money since 1985. Over those 25+ years our composite average has compounded at 13.7% per annum, some 3.5 percentage points better than the S&P 500. Three percentage points might not seem like much, but over 25 years it doubles your money. I am currently not accepting new clients, and this in no way constitutes an advertisement.
"Never argue with stupid people, they will drag you down to their level and then beat you with experience."
And“When I was a boy of 14, my father was so ignorant I could hardly stand to have the old man around. But when I got to be 21, I was astonished at how much the old man had learned in seven years.” Mark Twain
BTW... delete my comments and that will ensure I don't communicate with you anymore.
ERP Business and Technology Consultant (PeopleSoft- Oracle)
Co-Developer of the only technology capable of Real Time cloud-based processing in a stateless environment without the use of a service layer (OSI Session/Presentation Layer) AKA -> application server. Experience from RTL,DTL,TTL up to today's complex systems and components. I have been in IT since there has been IT. (6800 and 8080's). Fortune 100/500 ERP manager specializing in integration and optimization of IT, business and infrastructure system. Capable of IT management from CIO to code line.
I work on the crossroads of design, branding, consumer research and product development. Occasionally, I buy shares of companies, whose industry I understand or work in.
However, I take capitalism and its machinations with the necessary spoonful of quality Swedish stone salt.
At Integer Investments we focus on US and European equities with a value/GARP strategy. Most articles are written by our portfolio manager Cristiano Bellavitis, Ph.D.
Cristiano is also an Assistant Professor at the Auckland Business School (New Zealand). He earned a Ph.D. from Cass Business School, City University of London. He applies academic rigour to our investment strategy.
If you want us to follow certain stocks or if you are interested to learn more about Integer Investments feel free to get in touch.
Anthony is a private investor and Owner/Author of the blog The Struggling Millennial, which is geared toward today's generation of young adults and their struggle to achieve financial independence. Anthony prides himself on being self-taught and self-made, and regularly encourages individuals to take control of their own lives through the use of simple, straight-forward investment principles that the average person can understand and actively use to evaluate the financial health and performance of their investments.
Anthony is an electrical engineer who works full-time managing multi-million dollar projects for one of the larger construction firms in the Philadelphia area. Anthony believes the most difficult part of our individual journeys toward success and freedom is simply building the courage to get started, but once started, if we maintain our persistence, the sky is the limit.
“The way to win is to work, work, work, work and hope to have a few insights.”
– Charlie Munger
“People err who think my art comes easily to me. I assure you, dear friend, nobody has devoted so much time and thought to compositions as I. There is not a famous master whose music I have not industriously studied through many times.”
- Wolfgang Amadeus Mozart
"It is better to be roughly right than precisely wrong."
- John Maynard Keynes
My time frame for looking at an investment would generally be between two to five years.
Celan Bryant started her career working for two top-tier investment banks before migrating to the corporate finance arena. After completing a fellowship at Harvard University, she began a career in financial writing with a focus on reporting and sustainable business models. Ms. Bryant has an MBA with a concentration in finance and over 15 years of experience in the financial industry. For custom research reports contact firstname.lastname@example.org. Disclaimer: Any material provided is intended as general information only, and should not be considered or relied upon as a formal investment recommendation.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
Sign up here to receive the Wall Street Breakfast in your inbox every business day: http://seekingalpha.com/account/email_preferences
Veteran options-oriented value investor.
Options can make you a riskier speculator - or they can make you a better value investor, a better dividend growth investor, or a better high yield income investor
Incorporating customized and conservative value-oriented option strategies can significantly improve your performance while also helping you overcome the biggest drawbacks to value investing (rare bargain opportunities on truly world class businesses), dividend growth investing (takes too long), and current high yield income (high risk).
For the last 7+ years, via the Great Option Trading Strategies website, I've been publicly advocating and teaching a customized options-oriented approach to acquiring ownership stakes in exceptional businesses at exceptional prices and to generate high yield income from low risk stocks.
True investing works . . . and smart, conservative, customized option trades designed to systematically reduce risk and perpetually lower the cost basis on the long term investor's portfolio makes it work better and faster.
I have degrees in philosophy, political science and business. Started investing for myself about 6 years ago. Primarily oriented towards energy investments, including innovations which will reduce energy consumption.
Twitter: @IbexInvestor; (https://twitter.com/IbexInvestor)
Value investing partnership/hedge fund with a focus on value investing and special situations. The portfolio is very focused, and I typically hold between 20-25 individual long positions in common stocks.
I received my MBA in analytic finance and economics from the University of Chicago's Booth School of Business in March of 2013, where I learned a significant amount about investing. Over the course of my life I've learned immeasurably more from a class that occurs one Saturday every year in Omaha, Nebraska. The class is virtually free of charge, and taught by two elderly men named Warren and Charlie. They teach me more about investing, business and life in 8 hours every year than a lifetime of MBA classes could, and I'm eternally grateful to them. I am also a licensed certified public accountant (CPA) in the state of Illinois.
Dr. Joel West is professor of Innovation & Entrepreneurship at the Keck Graduate Institute, one of the seven Claremont Colleges in Los Angeles County. He was co-editor of the book Open Innovation: Researching a New Paradigm (Oxford, 2006). His consulting focuses on IP strategies and business models for software and Internet service companies. Before KGI, he spent nine years as a faculty member at the San Jose State College of Business, was president and co-founder of Palomar Software and also a columnist for MacWEEK.
For more information, see Joel’s website (http://www.joelwest.org/) and the home page for his blogs (http://www.joelwest.org/blogs).
Although stock picking is becoming increasingly pointless in an era of ETFs for every investing style, I do have a brokerage account of hand-picked stocks. If curious, here are my performance statistics according to my broker's automated performance tracker: http://imgur.com/V3jjfFY
The performance stats are for a low-turnover portfolio of roughly 15-25 mid- and small-cap stocks. The brokerage firm that I use is one of the largest in the country. The accuracy of the performance tracking software is not guaranteed accurate by the broker.
The most common mistake individuals make is to assume that they're smarter than the market. A wiser approach is to assume the opposite, focusing only on the rare times when emotions and herding behavior combine to present an irrational short-term focus.
Rather than bore you with biographical details that might be meaningless or misremembered, I'll offer a true personal experience that captures my view on stock investing: At the completion of my first year as a starting pitcher in Little League, I had an undefeated pitching record and top strikeout tally. Nobody could hit my curve ball. I was admired by the league's coaches and my peers alike. The next year, hubris caused me to ruin my arm throwing far too many curve balls, thus ending my baseball dreams. Meanwhile, my best friend in Little League diminished his early success because he never threw curve balls. His parents wouldn't allow it. In spite of his early disadvantage, he ended up an MLB All Star and World Series winning pitcher.
What does this have to do with investing? Most kids have big, improbable dreams. Yet only one of the hundreds of my friends and acquaintances achieved his big childhood dreams. I've been exposed to thousands of individuals who exude confidence and make bold claims of superior investment performance and methodologies. Yet I haven't found one nonprofessional investor who could prove that he had beaten a benchmark index for a 10-year period. Although there are a number of living professional investors who've beaten an appropriate benchmark for a 25-year period, the number is small enough to fit on a school bus.
Like my Little League success, nearly all investment outperformance reverses course. The odds an investor will beat a benchmark for an entire lifetime are lower than a Little Leaguer becoming an All-Star with a World Series ring.
The Market News tracker is my favorite part of this website. Otherwise, I see the website mainly as a social media venue for aspirational stock hobbyists & advisors who are 110% certain that they're endowed with special investing skill. Never mind that almost none can provide a meaningful, long-term record of outperformance. Fortunately for the authors, the website is very supportive. Comments critical of articles are often removed, and bloggers can trumpet good luck and misremember blunders without troublesome fact checking. The unconditional love enables bloggers to achieve popularity with skillful self-promotion, confidence, and a likable persona. An ambitious subscription stock-tip blogger would be well advised to study the techniques of Tony Robbins and Deepak Chopra rather than Warren Buffett and Ben Graham.
"You make more money selling the advice than following it."
I am an early career scientific researcher who has taken a strong interest in investing, both for achieving my personal financial goals as well as serving as an alternative conduit where critical and logical thinking are rewarded. I write articles to share ideas, refine my own thinking and invite discussion from the astute readership of Seeking Alpha.
For a better Seeking Alpha experience on your phone, please consider viewing the website on your browser (request desktop site for full functionality) instead of through the Seeking Alpha app.
Within the academic field, I have a career total of 89 publications and 5 book chapters, 2,900 total citations and an h-index of 32 (metrics from Google Scholar).
Please note that I do not read comments posted here, nor respond to messages here. I don't have the time. If you want my attention, you must seek it directly at my blog.
David J. Merkel, CFA — From 2003-2007, I was a leading commentator at the excellent investment website RealMoney.com (http://www.RealMoney.com). Back in 2003, after several years of correspondence, James Cramer invited me to write for the site, and now I write for RealMoney on equity and bond portfolio management, macroeconomics, derivatives, quantitative strategies, insurance issues, corporate governance, etc. My specialty is looking at the interlinkages in the markets in order to understand individual markets better.
I no longer contribute to RealMoney because my work duties have gotten larger, and I began this blog to develop a distinct voice with a wider distribution.
In 2008, I became the Chief Economist and Director of Research of Finacorp Securities (http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/02-08-2008/0004752449&EDATE=). Finacorp went into liquidation in June 2010, after which I decided to open my own asset management shop, Aleph Investments, LLC. I manage stock and bond portfolios for clients.
Until 2007, I was a senior investment analyst at Hovde Capital, responsible for analysis and valuation of investment opportunities for the FIP funds, particularly of companies in the insurance industry. I also managed the internal profit sharing and charitable endowment monies of the firm.
Prior to joining Hovde in 2003, I managed corporate bonds for Dwight Asset Management. In 1998, I joined the Mount Washington Investment Group as the Mortgage Bond and Asset Liability manager after working with Provident Mutual, AIG and Pacific Standard Life.
My background as a life actuary has given me a different perspective on investing. How do you earn money without taking undue risk? How do you convey ideas about investing while showing a proper level of uncertainty on the likelihood of success? How do the various markets fit together, telling us us a broader story than any single piece? These are the themes that I will deal with in this blog. I hold bachelor’s and master’s degrees from Johns Hopkins University.
In my spare time, I take care of our eight children with my wonderful wife Ruth. Visit this site: The Aleph Blog (http://alephblog.com/)
I am a retired professor, a retired investment adviser, and currently a private investor and full-time tennis pro. I bought my first stock in a custodial account in 1958. I am a student of history, particularly military and economic/market history. The intellectual passions of my retirement years are markets, mathematics, and quantum theory. I like to travel. I served in Vietnam.
I am the Chief of Operations at Wolfram Solutions, the consulting arm of the large privately held software company, Wolfram Research. I manage teams of programmers developing custom applications for business and, government, applying advanced analytic methods to practical challenges. I played a major role in the development of many of the financial features of Mathematica and Wolfram|Alpha. I have been at Wolfram for over 15 years. My academic background is in the social sciences and analytic methods in the social sciences, including finance, economics, statistics, modeling, simulation, and operations research. I studied at the University of Chicago, both undergrad and grad. I am also an individual investor with 30 years experience, mostly using mutual funds and fundamental analysis, plus specific investments in the financial sector. My contributions on Seeking Alpha focus on the financial sector and monetary economics, and what analysis of those areas can tell us about other macro trends. I also discuss portfolio theory, formal methods in finance, modeling and simulation of financial prices and economic time series, government statistical releases, financial regulation, and monetary policy.
Greg Loehr has been active in the options trading industry since 1990 when he first began working for the preeminent proprietary options trading firm Susquehanna Investment Group. Loehr began his career on the floor of the Chicago Mercantile Exchange in Susquehanna’s FX futures and options operation as part of a team supporting five currency option traders, as well as the firm’s traders on the Philadelphia Stock Exchange and the London spot currency trading desk.
His professional training came in the form of game theory, quantitative option theory and pricing, and position risk management, and he spent time training with the firm’s founding partners before going on to trade the firm’s capital for the next three years as an equity options market maker on the floor of the Chicago Board Options Exchange.
Loehr co-founded Third Millennium Trading, LLC with a Susquehanna colleague after leaving that firm in 1996.
After eight years as a member of the CBOE, Loehr left the trading floor. In 2004, he discovered his passion for sharing his knowledge with others, teaching options strategy, and has been teaching online courses and weekend seminars ever since. Loehr’s approach to options education breaks down “theory to tactics” as he details the core skills used by every professional on Wall Street into useable and practical details we can all follow.
Loehr earned his J.D. from The John Marshall Law School in Chicago, IL; and he holds the RG146 license from the Australian Securities Investment Commission.
Institutional investment manager authoring on a variety of topics that pique my interest, and could further discourse in this online community. I hold an MBA from the University of Chicago, and have earned the CFA designation.
My articles may contain statements and projections that are forward-looking in nature, and therefore inherently subject to numerous risks, uncertainties and assumptions. While my articles focus on generating long-term risk-adjusted returns, investment decisions necessarily involve the risk of loss of principal. Individual investor circumstances vary significantly, and information gleaned from my articles should be applied to your own unique investment situation, objectives, risk tolerance, and investment horizon.
Academic background in accounting; MBA/CPA/JD. Headed a corporate pension fund; served as CFO for insurance company; established title/transactional firm; served as REIT CEO; former professor; served on profit and non-profit boards; currently share management responsibilities for hedge fund; compete in professional golf tournaments. Writing background includes various briefs in federal courts, including US Supreme Court. Currently trying to finish a science fiction novel. Trading experience focused on options and portfolio enhancement. Plans to retire from hedge fund as of December 31st. Future activities will include pro bono assistance to individuals and groups in need of retirement guidance. Looks forward to more time for writing and travel.
John is a lawyer and accountant with over three decades of corporate finance, due diligence, M&A advisory and related legal services for manufacturers, innovators and investors in the energy storage and renewable energy sectors.
Over the last eight years John has earned a global following for his articles on the energy storage and alternative energy sectors. He has contributed to AltEnergyStocks, Seeking Alpha, The Street, NASDAQ.com and Batteries International Magazine and InvestorIntel.
John is a 1979 graduate of the Notre Dame Law School and a 1976 graduate of the W.P. Carey School of Business at Arizona State University. He was admitted to the bar in 1980 and licensed to practice as a CPA in 1981. John’s diverse experience in corporate finance, natural resource development and energy storage give him a unique and sometimes unsettling perspective on the technical, economic and supply chain challenges of the battery industry.
Belvedere is an observer of the investment scene, and the many ways accounting affects it. His reflections have been formed through a public accounting background and his buy-side analyst experience.
Michael Shulman is currently editor of investment advisory services and is the author of Made in America, Otterbourn Publishing, May, 2013 and of Sell Short (John Wiley & Sons, 2009).
Options Income Blueprint is a unique advisory service published by Traders Reserve and based on fundamental analysis with recommendations for option selling strategies and positions to generate consistent monthly income.
Made in America: Inside Stories of Success is built around four factories -- Trek Bicycles, Red Wing Shoes, the GM Flint Michigan pickup truck assembly plant and Airstream. The book pushes aside the myth of the decline in the US manufacturing - the US is still the world's largest manufacturing nation - through the success of these four factories and companies.
Mr. Shulman joined the Traders Reserve after ten years with InvestorPlace Media, his turn to financial advisory services coming after more than twenty years actively involved in the development of new technologies. He was founder and CEO of an internet company, AtYourBusiness.com, sat on the board of The NextGen I venture fund, worked as a consultant or founding employee of several technology startups, was a product manager for a Silicon Valley Start up when the country had 49 personal computer companies and did similar work in the mid-1980s for AT&T.
Mr. Shulman graduated Georgetown University with a degree in philosophy in 1977, worked in the renewable energy field for five years – same vocabulary, hope and promises as we are hearing today - before moving to the marketing of industrial and agricultural products with several New York firms. When asked if there is a thread in his career his answer is “Yes. Change, what is new. And what other people are missing, things they think are not normal - things I see as becoming a standard or success."
Stephen Yu is a CFA Charterholder and the President of Lumen Funds. From October, 1997 through December, 2014, discretionary, unlevered portfolios returned an average of 10.4% annually. The portfolios are long-only and employ value, contrarian, and event-driven strategies. Contact: email@example.com
Elliott Morss has spent most of his career teaching and working as an economic consultant to developing countries on issues of trade, finance, and environmental preservation.
Dr. Morss received a B.A. from Williams College in 1960 and a Ph.D. in political economy from The Johns Hopkins University in 1963. He has taught at the University of Michigan, Harvard, Boston University, Brandeis, and most recently at the University of Palermo in Buenos Aires.
For several years, he worked in the Fiscal Affairs Department of the International Monetary Fund. He later helped establish Development Alternatives, Inc. (dai.com), a firm that became the largest contractor to the U.S. foreign assistance program (AID). Since his first IMF assignment in Ghana in 1966, he has worked in 45 countries.
He has been the President of the Asia-Pacific Group, a British Virgin Islands for profit company with investments in Cambodia, China, and Myanmar. With Dr. Zhu Jia-Ming, he established Green China, an American NGO with the mission to increase the dialogue in China on the trade-offs between economic growth and environmental preservation.
Dr. Morss has co-authored six books and published more than 50 articles in professional journals.
He is currently available for consulting assignments.