Chris (firstname.lastname@example.org) is an Hon B.Sc graduate (with distinction) in Science and Economics with over 15 years in investing experience. He holds a PMP (Project Management Professional) designation. TipRanks Top 100 Blogger of 2015 (also 2013, 2014). Seeks undervalued, unappreciated value stock ideas. Follows Warren Buffet's mantra: do not lose money. For a better mobile experience on Seeking Alpha click on the top right menu icon on most browsers and select "request desktop site".
Lejun James Shao is the founder of www.myIRAs.net (http://www.myIRAs.net/), WhitePine Investment Inc of USA, and CEO of WhitePine Software Inc, Beijing, China. He was the top finisher in MSN's 1st US One Million Dollar Investment Contest, "Strategy Open Tournament," with a +45.88% return in 4 months from August 28 - December 2008.
An IT wizard turned professional investor, James Shao graduated from the University of Michigan with a PhD degree in Computer Engineering in 1990 and worked as an assistant professor in Singapore's Nanyang Technology University for 5 years after graduation. He worked as Chief Software Engineer in DSP Technology, Design Engineer in Ford Motor Company, and several other high tech companies after his return. James Shao started his investment profession in 2001.
I am taking a longer term view, so while the last year has not been great the last 6 have been very good to me.
I believe in the US (and world) future and was not successful in my two attempts to time the market. Yes I missed the market crash of 1987 but got out in 1985 and also missed a big run up. Also I was young without much capital and more importantly I put everything into 5 year CD paying 12.5% compounded interest. I did worse in the first Gulf war time period and have not tried to time since then. The caveat yes at times I have more or less cash and do am using margin at 3.75% to buy long term stocks. That sure has paid well the last 6 years. Yes I started using margin about 6 months after the big W Bush downturn.
Politics as my father taught me decades ago is the lesser of evils and the only very good politician is the new one that quits announces after 6 months that Washington is worse than he(She) thought and will not run for reelection (but will do their best as elected).
The best to all (shorts, longs, cash and even day traders) and I found out that even long term protection options did not work for me. Yes a long term FUN-DA-MENTAL investor who still uses Value Line plus other information.