Peter Morici is a Professor of Business at the University of Maryland. Prior to joining the University, he served as Director of Economics at the U.S. International Trade Commission. He directed the agency's professional economists working on ITC investigations and provided international economic policy advice to the House Ways and Means and Senate Finance Committees, U.S. Trade Representative, Council of Economic Advisors, and other government agencies. Dr. Morici received his Ph.D. in Economics from the State University of New York at Albany in 1974. From 1974 to 1976, he taught at Augsburg College in Minneapolis. In 1976, he joined the Federal Energy Administration, and in 1978, moved to the National Planning Association in Washington. At NPA, Dr. Morici served in positions of increasing research and managerial responsibility and was elected a Vice President in 1983. Dr. Morici joined the University of Maine as a Professor of Economics in 1988 and was Director of its Canadian-American Center from 1990 to 1993. An acknowledged expert on international economics and agreements, macroeconomics, and industrial policy, he has advised many leading corporations and governments regarding trade and regulatory issues. He serves on the Reuters macroeconomic forecasting panel. His views are frequently featured on CNN, Reuters Financial Network, Bloomberg News, CNBC, ABC, Fox, National Public Radio and Broadcasting, and the BBC, and in columns on the opinion pages of newspapers and portals in the United States and abroad. The Ford, Rockefeller, Sloan, Donner, and several other foundations have supported his work. He is the author of 18 books and monographs. Among these are: Reconciling Trade and the Environment in the World Trade Organization; Labor Standards in the Global Trading System; Antitrust in the Global Trading System: Reconciling U.S., Japanese and EU Approaches; Setting U.S. Goals for WTO Negotiations ; The Trade Deficit: Where Does It Come from and What Does It Do; Free Trade in the Americas: An Architecture for Hemispheric Integration; Trade Talks with Mexico: A Time for Realism; Making Free Trade Work: The Canada-U.S. Agreement; and Reassessing American Competitiveness. He has published widely in leading public policy and business journals such as Foreign Policy, International Economy, Regulation, Asian Wall Street Journal, and the Harvard Business Review.
Over the years, I have performed equity research and portfolio management for both long-only and long-short diversified fund offerings. I received my MBA from an Ivy-league business school and worked at several tier-1 investment management firms for a number of years.
Stock selection is both my passion and my profession, and I look forward to many good exchanges with my fellow bloggers at Seeking Alpha.
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Investing in physical gold and silver. Frequently trading in commodity ETFs, equities, and options. Investment strategies based more on fundamentals and common sense rather than charts and technicals. Firmly in the "I don't know" camp about many of the outcomes of future geopolitical events that will drive the markets. Try to avoid trades around speculating on the "unknowns" while making best prediction about future outcomes. Rarely trade options with expiration dates less than a year away. Will sell about any stock that gains 15% or more or loses 5%. Strong on AAPL as a growth stock. Like CLWR and S for speculation. Have been short on both AMZN and CRM (not now, but will be again soon). I try to stay 50% cash except for specific exceptions. Always looking for a good sound fundamentally based idea.
I am a retired chemical engineer, and I have been an investor for the past 12 years. My portfolio is my full time job and failure is not an option. I am a dividend investor. I believe in holding stocks, bonds, CEFs or whatever that pays hefty dividends above 7% and still have some potential for appreciation. My current portfolio is mostly preferred stocks. but I am diversifying into MLPs, REITs, and bond CEFs. I have done extremely well with this strategy-up 35% since the October 2008 market highs.
Because I am a senior, I am not too interested in dividend growth. That is a good strategy but only for younger investors.
My primary interest is in learning from other dividend investors so that I can continue to improve my performance. I read dividend articles on the web and I have a good library of books on dividend investing.
I am writing a “how to” manual on dividend investing which has two purposes. First, I will give it to my friends to help them, and second it helps me to clarify and better formulate my investing process. I call it a manual because I am not a writer.
I believe in the concept of multiple streams of income. In addition to investing, I have a computer company that specializing in computer repair and networking. I also have my own tax preparation business which runs for three months out of the year.