Protecting and preserving capital over the long term is more important than growing capital. Particularly devoted to researching cheap stocks of high quality companies, GARP stocks, Magic Formula names, and stocks trading below intrinsic value. Participate long only without hedge when overall bull market is trading for a CAPE under 15 (Tobin's Q under .8X) or when blood is in the streets (not dip buyers), but strive to cut losers early when the facts change and refuse to marry long or short positions unless a "holding period of forever" makes sense. Hunches must be backed up by disciplined systems. In fully valued markets, we prefer hedging via index options and light commodity trading/trend following. Not interested in participating in latest fad or bubble. Prefer to short the bubble, but only after evidence suggests the bubble has popped. Prefer to hedge any long positions in frothy markets utilizing a balanced long short equity approach in fairly valued markets. In undervalued markets, we need confirmation from market conditions and valuations in order to invest 100% long (or more) using in the money call options for leverage. Covered calls, calendar spreads, and other options strategies for capturing theta decay. Cut losers on short side by using ITM put options instead of stock, trend following strategies if trading commodities (for diversification). Fundamental analysis but also technical analysis. Mathematical, disciplined trading strategies. Strive first off to be right about the overall direction of the market (bull or bear). Hold lots of cash when people are being greedy. Nothing we publish here is a recommendation to buy or sell any security. Please consult your financial advisor before buying or selling any security.
Full-time individual investor primarily in REITS (esp Commercial REITS); Business Development Cos (BDC's); Master Limited Partnerships (MLP's); Dividend Income Compounding; Some Writing Calls and also Put Selling; Main Sector interests include-Energy, Utilities, Retail, Financial, Healthcare (Medical Device Cos; Pharmaceuticals; Generics); Railroads; Insurance (Property and Casualty; Reinsurance); Consumer Staples (mainly Grocery and Food Cos); and Commodoties (Ags-Softs; Grains; and Ag Conglomerates).
Goal is to achieve a minimum return over the long-haul of 1% per month (compounded) while also adding to available investing funds on a monthly basis and my investment is long-term (am in no rush to reach a certain goal within a specific time frame.
Am a conservative dividend-focused long-term investor who is focused on dividend growth and reinvestment of all dividends received. Have been investing full-time since July 1, 2001, and was an insurance agent prior to that. 3 of my best stocks have been Simon Property Group (SPG); Perrigo (PRGO); and Kroger Grocery (KR).
Like most people here, I'm data-inspired and relentlessly curious. The idea is quite simple: to make a list of stocks (as exhaustive as possible, and essentially in French stock market since I'm in France) with their estimated intrinsic value. I'll update my investment thesis and share them publicly. The goal is to make 2-3 stocks per week.
My experience on Seeking Alpha is one that is a warning to others. Your posts will be rejected if they don't comply with the views of the moderation team. I have had 4 posts rejected for so called blanket dismissal of the writers argument, whatever that means. Having googled to see if others have a similar issue it's clear that others do and what was once a website to air views is now nothing but a shill website for Wall Street and those who peddle certain complimentary views. Anyone else is unwelcome and this is called professional and objective. Go figure....