I am a Special Situations/Value Investor, I invest in Relative value arbitrage situations, Bankrupt and Distressed situations, I have 20 years Experience as a bankruptcy/ legal consultant, Financial/ White Collar Fraud Investigator.
Best investments include (GGP) General Growth Properties (HPY) Heartland Payment Systems (WMIH) Washington Mutual Inc. (NFLX) Netflix, I am currently Long Republic Airways (RJETQ) Fannie Mae (FNMA) Sears Holdings Inc. (SHLD) Sears Holdings Inc/Warrants (SHLD.WS) Pershing Square (PSHZ) I am short Herbalife (HLF)
Michael Williams is the Founder and Managing Partner at Genesis. Mr. Williams ran his own financial planning and advisory firm based in Atlanta, started in 1982, with offices in New York City prior to merging that practice in 2003 with a multi-billion dollar asset management firm in New York. Upon becoming a partner in that organization, he was able to further expand his skills working under and with some of the best, most professional contrary-value investors on Wall Street.
Mr. Williams continues to provide his clients with regular, on-going market insights via email a few times a week. He has appeared for years on CNBC, FOX and Bloomberg TV/radio. He has been covered in articles in Barrons and Welling on Wall Street.
Today he focuses his time on helping his long-time clients build toward their financial goals within the confines of an ever-changing market environment. His views focus on crowd psychology, patience, discipline and providing clients the ability to act when most will not.
Recommendations Nov 2011:
Bond prices will tank as inflation will likely rise over the next 5 years, I believe stocks in a 5-10 year period will break upwards out of this lost decade and provide substantial returns above inflation. This is largely due to fear in the market reducing the value of stocks to a PE of ~11-12 which I think more than bakes in any contagion from a potential Europe recession, and also due to a lack of alternate investment returns since bond and CD returns are so low.
I am in my mid 20s in the accumulation phase towards early retirement and working for myself and making a bigger difference in the community in the future.
1) Enjoy life without spending large amounts of money
I try to enjoy aspects of life that don't cost (much) money. For example, I enjoy the outdoors and especially training for endurance events. My main focus is running, including 5 marathons, but I hope to adventure into cycling and triathlons in the near future.
2) Reduce monthly expenses - use creative living arrangements
I live my life to save as much money as possible by reducing expenses. I am close to an extreme saver, and I modify my lifestyle to live with roommates to reduce housing expense.
3) Invest as much as possible, make your money work for you.
I actually enjoy buying stocks, even if I lose money in the near term, I only choose companies I will whether any storms with, typically based upon the protection provided by the companies balance sheet and assets and their expected earnings multiple, and I typically pick out of favor companies or investment ETF's or sectors to increase my long term capital gains. I also use the covered call strategy (sell to put to enter a position, and sell to call once a position is secured)
4) Save to create freedom in life and in your future.
What feels better than knowing you could retire at any time, and instead choose what you enjoy in life and what business opportunities you want to pursue.
VIG - US Large Cap
VO - US Mid Cap
IWM - US Small Cap
IJS - US Small Value
QQQ - Tech
EWG - Germany
EFA - MSCI EAFE
VGK - MSCI Europe
VPL - Pacific
VWO - MSCI Emerging Markets
DEM - Emerging Markets Dividend
XLE - Energy
XLV - Healthcare
MOO - Agriculture
XLB - Materials
TLT - 20 yr Treasuries bonds
TIP - TIPS bonds
LQD - Investment grade Corp. bonds
JNK or HYG - High Yield Corp. bonds
BND - ~Total bond market
Opportunity Stocks based on valuation: