An impassioned investment research analyst and writer, Jay Wei holds an MBA in finance from Central Michigan University and a Master of Accountancy from Golden Gate University in San Francisco. He writes syndicated investment commentaries with various investment content providers, including The Motley Fool. Wei takes pride in providing unique and original investment and business analysis on a consistent basis.
Empirical Capital is a long-biased equity Hedge Fund managed by Cris Blackman. Cris has over 33 years of investment experience. The fund's objective is to obtain high absolute returns from an actively managed concentrated portfolio of common stocks while seeking to maximize long term gains and tax efficiency.
I'm a financial auditor that holds a BA in accounting and a MBA. I'm interested in where value can be realized. This could be a small or large cap company selling at favorable EV/EBIT or a special situation/event driven investments. Warren Buffet once said, "You have to turn over a lot of rocks to find those little anomalies" and I hope to do just that.
Retired. Manage our portfolio, which is comprised of stock, REIT and bond mutual funds and ETFs, plus about 10 percent in dividend-paying stocks. Diversified among domestic growth, blend and value stock funds, plus international stock and bond funds. Portfolio is more than 70 percent equities, a bit more than 20 percent bonds, five or so percent cash. During 2007 prior to retirement in 2008 the portfolio moved from 80 percent stocks to nearly 70 percent bonds. Fortuitous timing. Vietnam veteran. 25 years of service to U.S. military.
My early success involved as much luck as skill when my then-broker back around the late '80s guided me to Telefonos de Mexico, which I first bought for 29 cents a share. The stock eventually took off -- wow, was I surprised -- and I'd made my first boodle. I sold it all and created what my broker jokingly called my own mutual fund -- all big cap dividend payers. I also added to the bond holdings I'd already started building. I reinvested all the dividends and cap gains. I eventually sold all but my original shares and invested the resulting cash in equity and bond mutual funds. My next success also involved as much luck as skill. During 2007, in anticipation of retiring in 2008, I moved from 80-20 stocks-bonds to 70 percent bonds. That move took us through the financial crisis in great shape. To tell you the truth, I doubt I would have made that move if retirement hadn't been on the immediate horizon. Fortuitous timing.
I know I'm just an average investor, so individual stocks are now limited to 10 percent of our investment portfolio. The remainder of our investment portfolio is in low-cost index and actively managed domestic and international equity and bond funds (and ETFs). We are able to allow our investment portfolio to grow unencumbered by withdrawals, normally reinvesting all dividends and cap gains with occasional exceptions.