On October 31st, 2014, I retired. Turned in the keys to the company car, gave them my computer and my account lists and joined the ranks of those who "slipped off into the sunset." I never thought in retirement that I would be this busy. It's fun. Time with the grandkids, time to perfect my cooking skills, and time to travel and check off the things on my bucket list. I should have done this a long time ago.
By using this site, I have discovered that I have been more of a speculator for the last 30 years than an investor. Even though I have done well (thanks to the 90's where a mistake was hard to make!), my approach, in hindsight, could be called the "shotgun" approach. Buy a lot and hope to hit something! Frankly, I have made every error I read about but finally I have come to appreciate what a solid, reasonable, careful, and defensive approach value investing really is - thanks to some really solid articles on this site, and some good books on value investing.
Ph.D. Clinical Psychology; M.A.; M.Ed; Ed.S. etc.
Have been an investor for 60 years. Last 20 years have concentrated on biotechs. Have been senior exec with Shell and ITT before retiring 30+ years ago. My working areas were finance, informatics and international management. Taught MBA courses in management, informatics and communications. Speak French and Spanish plus some German.
I currently hold shares in 20 companies (AAPL, BA, DOW, DUK, ED, GE, JNJ, KHC, LMT, MCD, MMM, MRK, MSFT, PM, PRU, T, VZ, WFC, WMT and XOM). All positions were initiated with an equal-weighted cost basis except T, VZ, LMT, and BA which currently combine to make a whole position in telco and defense.
Investing for 20 years, emphasizing stock picking for the last ten. Long-only, driven by valuation relative to risk and growth prospects. My contrarian approach works well during periods of volatility, typically trailing market returns during bull runs.