Seeking Alpha
  • Chris DeMuth Jr.
    What do you do when you're out of good investment ideas?
    7/17/13
    Reply (30)
    • Chris DeMuth Jr.: Can be good to have something else convenient so that you don't do all of your bad ideas after you're finished with your good ones.
      7/17/13
    • Chris DeMuth Jr.: So, what do you do?
      7/17/13
    • Wilson Wang: I just read books, relax, learn from professionals like you and find companies that I would love to own at a fair price.
      7/17/13
    • Wilson Wang: What about you Chris?
      7/17/13
    • Dr. Kris: Take a vacation and get a fresh perspective. As Wilson said, read more. I always get ideas when I read....
      7/17/13
    • Dr. Kris: ...My biggest problem is that I don't have time to research and write about them!
      7/17/13
    • gsterling: Accumulate cash... and wait...
      7/17/13
    • sheldond: I search and start looking at other types of opportunities...... That is when I explore more with a lot of reading.....
      7/17/13
    • Chris DeMuth Jr.: We have a bunch of new land around our office in Maine, so I've been clearing land -- felling, cutting, and splitting wood and making paths.
      7/17/13
    • Wilson Wang: haha! That is really funny!
      7/17/13
    • SA Editor Samir Patel: Clearing land? Clearly you're a bigger fan of physical exertion than I am... when I don't have any good investment ideas, I just sleep.
      7/17/13
    • SA Editor Samir Patel: Although to be fair, if I had a lot of land and didn't live in an entirely flat area, I would probably go hiking and exploring.
      7/17/13
    • SA Editor Samir Patel: And more seriously, when I don't have good investment ideas, I start looking for some. They're out there; you just have to find them.
      7/17/13
    • bd4uandu: Get away from it for awhile, go for a walk, ride the bicycle or motorcycle. Come home relaxed and read. Lately big picture stuff....
      7/17/13
    • bd4uandu: Currently "The Alchemists: Three Central Bankers and a World on Fire" Amazon kindle edition $11.99 . Not bad
      7/17/13
    • Ocean Man: Scalp 4-6% on recoveries from MLP secondary dips.
      7/17/13
    • Ocean Man: I've also been throwing out stink bids every day on $HYLS below $49.50 for about 6 weeks. It has a wide spread most days and I fill every
      7/17/13
    • Ocean Man: now and then. It has a 6.5% yield paid monthly and is long junk bonds and short treasuries to guard against interest rate fluctuations.
      7/17/13
    • Ocean Man: I prefer it to letting cash sit around with the markets at all-time highs.
      7/17/13
    • Ocean Man: It has only closed below $49.50 once. Currently at $50.83. Next ex-div s/b Friday or Monday.
      7/17/13
    • Ocean Man: *It has a wide spread at the beginning of each day I meant. Narrows later on. A constant wide spread would be worrisome.
      7/17/13
    • WallStreetDebunker: Surf, hike, & bike. Infrequent investing is best. Clusters of good buys seem to happen once a year. Great buys occur once every 4-6 years.
      7/17/13
    • byslkwd: You have an office in Maine? I thought you were in Connecticut!
      7/17/13
    • Niksurfs: Why Surf of course and spend time at the beach to clear my mind. Also spend a lot of time on fundamental research & technicals for timing
      7/18/13
    • Niksurfs: I also remove the enter key on the keyboard so I don't jump into too soon before my research is done, LOL!
      7/18/13
    • DAG1996: "What do you do when you're out of good investment ideas?" I wait for the right time and buy more of my good investment ideas.
      7/18/13
    • Chris DeMuth Jr.: Great answers. Thanks. Office in Maine and another in Connecticut, so I bounce back and forth depending on school schedules.
      7/18/13
    • Wall Street Teacher: I call everyone who I know and ask for their best 3 ideas.
      7/18/13
    • Squeeky Wheel: Some days you have good ideas. Some days you have good wind. Everyday there is water...
      7/18/13
    • Chris DeMuth Jr.: Perfect.
      7/18/13