I am currently an Analyst at a private equity firm. In 2012, I graduated from the University of Western Ontario with an Honors Specialization in Economics degree and completed a Master of Arts in Economics at the University of Ottawa in 2013, under a full scholarship. I have passed all three levels of the CFA Program. Contact: firstname.lastname@example.org
My investment philosophy follows that of Julian Robertson at Tiger Management, namely “I believe that the best way to manage money is to go long and short stocks...buy the best stocks and short the worst." Hence, trying to be a long/short generalist is how I would align myself. In writing some for Seeking Alpha I researched hundreds of companies and wrote articles before I became licensed and couldn't write any longer (per FINRA), but have recently returned to commenting and writing. For the first 8 or so months I wrote, my buy/sell suggestions returned ~54%.
Best calls were: Cal-Maine Foods (CALM) and White Wave Foods (WWAV)
Long ideas of interest (as of August, 2015):
I mainly source ideas through the following:
1. Thinking about a company's economics of business in terms of probabilities of value creation
2. Discerning what accounting is artificial growth and what is not
3. Forming a considerably large position in a company to ensure a worthy return
4. Looking for under-followed, undervalued companies with good management and mid-term catalysts in sight
5. Trying to discover underlying paper trails which can lead to a rush of revenue.
To everyone, may you mine the markets well and reasonably expect your return to be correlated with the passion and efforts you put forth, always remembering Munger's words to "profit from always remembering the obvious than from grasping the esoteric."
"There's two ways to win: appreciation to intrinsic value and appreciation from intrinsic value." - Bill Ackman
Mark Yagalla is an investment guru who made millions and then lost it all by the time he reached 23. Yagalla enrolled at the Wharton School at the University of Pennsylvania but dropped out at 19 after he made his first million. He went to Wall Street and quickly fell prey to its temptations -- wealth and its attendant gifts like fancy cars, beautiful girls and indulgent trips.
While on Wall Street, Yagalla raised $50 million for his hedge funds and by the age of 22 he was making $10 million a year. But the burst of the dotcom bubble led to his demise as well. At 24, he pled guilty to securities fraud.
Yagalla managed not only his hedge funds but was also the owner or partner in a number of endeavors, including Pine Meadows Personal Care Homes, City Wide Transportation, Governor Printz Properties, Ashbury Properties, Ashbury Aviation, TMBR/Sharp Drilling, Delsoft Consulting, Intelliworxx, TravelNow, and many more.
Yagalla's story, similar to that of the Wolf of Wall Street’s, has made him a desirable media subject. His story has been shared by the Wall Street Journal, New York Times, New York Post, New York Daily News, Daily Mail, CBS News’ 48 Hours, USA Today, Philadelphia Magazine, Details Magazine and other media outlets.
His first book, Wall Street Joyride: The True Story of the Prodigy, the Playmates and the Missing $50 Million, talks about his time on Wall Street during the dotcom era. He now trades the markets full-time and writes about them on Seeking Alpha. According to TipRanks, Yagalla is one of the top 100 market bloggers.