I am an Associate Professor of Economics at the University of Washington, Seattle Campus. I earned my Ph.D. in economics from the University of Chicago in 1975. Lester Telser and Milton Friedman were my advisors. I have taught at the University of Washington since 1973. I have also worked for the Federal Reserve Bank of New York, the Federal Reserve Bank of St. Louis, the Bank of Israel, and the Hoover Institution of Stanford University.
Senior Portfolio Manager and individual investor who started in high school and has been at it ever since. I have an MBA and have earned the right to use the Chartered Financial Analyst designation. I have worked in the business for over 15 years. My specialties include fixed income closed-end funds for generating income during retirement, micro and small-cap value investing, and macro analysis.
Pallas Investments is a long/short equity fund seeking opportunities where a company's market value has deviated meaningfully from our estimate of its intrinsic value and identifiable catalysts exist to close that gap.
Invest in RIC's (Registered Investment Companies) because they do not pay income tax, must pass through taxable income to shareholders. Choose the companies with excellent, hard working investment managers providing the greatest yield. Purely a Buy, Hold, and Reinvest all income (all high yield) to increase ownership of the number of shares paying the income yield. Life long saver. Always lived below my means, preferring a nest egg to toys. Moved from saver toward investor by putting savings into money markets when the interest rate was at 18%. Later, focused on mutual funds plan to average 20% per year over any five year period. moved into stocks, working the William O'Neil, Investor's Business Daily/Daily Graphs plan to invest at break out. Focused in High Yield leveraged index issues requiring untaxed distribution of 90+% of income, i.e., Closed End Funds, Business Development Companies, and Real Estate Investment Trusts. Goal was to invest to earn distributions greater than my household expenses, and have exceeded that. All investments in retirement accounts, so tax is not relevant. Background in management, Army, Hartford Insurance Group, Roadway Express, a small home-use chemical manufacturing company, and, since retiring at 54, I am a long time seasonal tax preparer with H&R Block. BS @ FSU, MBA @ USC. Handle nonprofessionally nine portfolios for my self, family and three friends. Spend about thirty hours a week researching and working the investments. Am an absolute practitioner of the power of positive thinking, understanding that what I think about, my present state of mind, is what I create perceptually in my world and attract to me. Day by day, in every way, I'm getting better and better. I am a confirmed Bull, believing in the 16 year secular Bull market that began when the S&P broke through its old ceiling of 1558. Invest only in 2X leveraged income index funds invested in RIC's and individual top performers in each of the three RIC categories, which equates to a dozen approximately equal investments in IRA and Roth.
25-year veteran of the stock market and self-taught on most financial topics. Classically trained as an engineer, but ended up in management. Retired early to focus on investments.
I lean toward value investing with an emphasis on dividends and dividend growth. I manage my own portfolio and I also assist / coach several family members and friends with their individual holdings.