Harry Chernoff is the chief economist at Pathfinder Capital Advisors, LLC, a specialized investment bank that provides financial advisory and capital-raising services for clients primarily engaged in the oil and gas, and power generation sectors. Mr. Chernoff has 35 years of experience in the energy industry with an emphasis on energy economics and finance, including 24 years at Science Applications International Corp. (SAIC). At SAIC, Mr. Chernoff directed projects on economics, socioeconomics, regulation, valuation, and investment under uncertainty for government and private sector clients in the U.S., Europe, and Asia. Mr. Chernoff’s energy sector specialties are electric power, nuclear power, oil & gas, and energy efficiency and renewable energy. At Pathfinder Capital, Mr. Chernoff concentrates on debt and equity valuation, investment decision-making, and distressed assets in the energy and financial sectors. Mr. Chernoff has a B.A. in economics from The College of William & Mary and an M.B.A. in information systems from Marymount University.
Close to retirement age but plan to keep working for some time to come. Have invested in stock market sporadically, mostly confused and scared. It hasn't worked very well. Have a lot to learn, learn a lot from many SA folks and enjoy the sharing here.
Historically about 60% invested (minority is stocks along with a lot of "other") with 40% cash. Aiming at this stage to put more of the cash to work, and since I'm underweight in stocks/bonds, am focused there, especially but not only DGI.
Expect that I can avoid taking much if any income out for 15-20 years (except tax and the RMD), unless something unexpected happens--not a long compounding period but better than not at all.
Mr. Carne has thirty five years of investment experience and most recently held the position of Managing Director and Head of Income Strategies at a Los Angeles-based Nuveen subsidiary, NWQ.
In that capacity, he was the architect and portfolio manager of the NWQ Flexible Income Strategy, Nuveen Flexible Investment Fund and Nuveen NWQ Flexible Income Fund from 2009 to 2015. Mr. Carne joined NWQ in 2002 and also served as architect and lead portfolio manager for the firm’s Preferred Income and Core Fixed Income strategies.
Prior to 2002, Mr. Carne held the position of Senior Portfolio Manager for balanced accounts at Standard Group Holdings in Wellesley, MA, Chief Investment Officer at Greystone Capital Management in Hartford, CT and Director of International Fixed Income at Aetna Capital Management, also in Hartford.
He began his investment career in 1986 as a Mortgage-Backed Securities and Derivatives Trader at Thomson McKinnon and then Mabon Nugent in New York.
Mr. Carne received his MBA degree in General Management from the Harvard University Graduate School of Business Administration and his BBA degree from the Isenberg School of Management at the University of Massachusetts – Amherst with a Major in Finance and a dual Minor in Accounting and Economics. He earned his Chartered Financial Analyst (CFA) designation in 1989 and is a member of the CFA Society of Los Angeles.
I have a graduate degree in economics and have been doing financial analysis, business cases, marketing for 25 years in the telcomm and government contracting industries. I've been actively investing in stocks for ~ 25 years..