Julian has originated and co-developed a new, general, "Required Yield Theory" TM (RYT) of asset valuation encompassing stock markets, bond yields, gold and oil. RYT has been articulated in three academic papers published in major journals, and has been granted two patents (the only patents ever issued for an entirely new valuation mechanism). RYT valuation models are superior to all other extant public domain models including CAPM, MPT, APT. Content relating to RYT, consulting and intellectual property licensing services may be found at RequiredYieldTheory.com.
Although retired from active trading, I am still interested in tracking markets and stocks. I am working on a book about ways to do fundamental research for people like Seeking Alpha readers; I seek reader feedback. The industry I am the most familiar with is Paper and Packaging. I worked on the Buy Side (Investors) and Sell Side (Broker/Dealers and research publishers) for over 30 years. Sell side employers included Kidder Peabody, Drexel Burnham Lambert, BZW, Merrill Lynch, Bank of Montreal. Buy side firms included Citibank, John A. Levin, and Xylem Global Partners.
Xylem Global Partners, where I managed $100+ million in assets, was a market-neutral sector fund specialized in paper, forest products, packaging, building materials, and related industries. I have also researched stocks in a number of other industries. I have applied for tuition refunds from Stanford Graduate School of Business, which taught me Efficient Market Theory, now disproven, and Harvard College, which taught me Behaviorism, a now-discredited school of Psychology. Did I mention my odd sense of humor?
James A. Kostohryz has accumulated over twenty years of experience investing and trading virtually every asset class across the globe.
Kostohryz started his investment career as an analyst at one of the US's largest asset management firms covering sectors as diverse as emerging markets, banking, energy, construction, real estate, metals and mining. Later, Kostohryz became Chief Global Strategist and Head of International Investments for a major investment bank. Kostohryz currently manages his own investment firm, specializing in proprietary trading and institutional portfolio management advisory.
Born in Mexico, Kostohryz grew up between south Texas and Colombia, has lived and worked in nine different countries, and has traveled extensively in more than 50 others. Kostohryz actively pursues various intellectual interests and is currently writing a book about the impact of culture on economic development. He is a former NCAA and world-class decathlete and has stayed active in a variety of sports.
Kostohryz graduated with honors from both Stanford University and Harvard Law School.
You can receive custom delivery of all of Mr. Kostohryz's published work on Seeking Alpha, The Street, and other media, as well as exclusive material, by following the link below. It is absolutely free:
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"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that glorifies it."--Frederic Bastiat
Cache Metals is a full service gold & silver bullion dealer servicing clients throughout New York, California, Toronto, Chicago, Houston, Florida, Dallas & Philadelphia.
Our Services Include:
Buy and sell gold, silver, platinum and palladium coins and bullion
Multiple delivery and storage options
Up to the minute market quotes
Place buy and sell or stop-loss orders
Collateral loan facilities
View accounts online
Regular research reports
Easy access to our bullion specialists
Easily liquidate holdings
Multi-lingual bullion specialists for international clientele
Live Gold Spot Charts
Live Silver Spot Charts
Historical Silver and Gold Charts
RRSP Gold & Silver Accounts
TSFA Gold and Silver Accounts
Secure Precious Metals Vault
I am a small business owner of a financial services consulting firm. We have extensive experience in Business Analysis, Project Management, Risk Management, and Financial and Data Analysis.
I have a strong interest in economics and mathematics as my strongest subjects. Currently, I am more of a believer in the Austrian School of Economics rather than Keynesian economics, but that does not rule out my pragmatism in how behavior and economics occur in today's environment.
I seek to understand economic and mathematical fundamentals and principles and in addition to factoring in and understanding how humans (and markets as a whole) makes decisions while factoring in behaviors and emotions.
I love to find, understand, and invest in market distortions of information where there are solid fundamentals combined with the mispricing of information.