I choose to analyze stocks based on their cash flow potential, relative value and economic moat. I strongly believe in value investing and the ability of individual investors to uncover overlooked companies with attractive risk/reward profile. In my idea generation process, story-telling must be always backed up by quantitative analysis to pin down upside/downside potential. If you choose to follow me, you will not receive 10 or more articles per month with little substance. I tend to turn down numerous ideas, before narrowing on few compelling stock ideas per year. I have five years of financial accounting experience at a Big Four company in private equity, technology and real estate sectors and hold graduate degrees in accounting and economics along with CPA license (currently inactive).
44 years old, Australian resident, with a value investing focus.
I have been working in the trading / business development area of a Hydro Electric company since 1998 (17 years and counting) - we generate electricity and also own two retail brands - making us the 4th largest electricity retailer in Australia.
I'm new to the Value investing game, but have been reading voraciously. I'd now like to start applying some of my learnings - hence joining the StW community.
If anyone would like any thoughts on the following topics please feel free to get in touch:-
1) The Australian electricity industry
2) Wholesale gas & LNG in Australia
3) Risk management approaches of generators / retailers
I have been investing for the last 7 years and my money is primarily invested in the commodity sector. I believe inflation is coming and the irrational faith in central bankers will eventually come to an end.
I am a private investor from Copenhagen, Denmark.
I specialize in corners of the stock market and countries which have fallen 80-90 % from their all time highs.
This meant buying dry bulk shipping back in the first half of 2012 when the Baltic Dry Index reached a 26 year low and Bloomberg´s Pure Play Dry Bulk Shipping Index reached an all time low.
This also meant buying dry bulk shipping late 2014 as the Baltic Dry Index was once more approaching an all time low.
Plus investing in wind energy stocks in the fall of 2012 when First Trust Global Wind Energy ETF (FAN) had fallen 80 %.
I placed more than half my portfolio in solar stocks around December 1 st 2012 when Guggenheim Solar ETF (TAN) had fallen more than 90 %.
I bought Nordic American Tankers at the end of 2013 because the Suezmaz spotrate hit a 19 year low on October 1st 2013 and because Nordic American Tankers is a pure play on the Suezmax spotrate.
Dry bulk shipping, Suexmax tanker shipping, wind energy and solar energy stocks have been good investments so far, and solar spectacularly so.
Investing in Greece in 2013-14 did not work out. I did not see Greece´s new radical Left government - incredibly supported by the far Right - coming. But then who did? I believe that the current situation in Greece was a low probability outcome. Probably less then 10 %. Still it happened and you move on. I do not regret it. Greece was a calculated bet that simply ended in a low probability outcome. Given a similar situation I would probably do the same again.
I bought US coal in July 2015 – Cloud Peak Energy and Consol Energy – at what seems to the point of maximum pessimism for the US coal industry.
Winner of Mebane Faber Research´s competition of best ETF idea 2013.