I seek out value or mispriced stocks with a catalyst and special situations. I’m also a top down macro market trader. I invest for the long term and the short term. I use common stocks, options and ETFs. I use fundamental and technical analysis. I’ve been trading since 1993.
I invest (technically) part-time, but I love the markets and immerse myself in them daily. I enjoy writing about my investment ideas as it helps me to organize my thoughts and I am happy to share if it helps others. I invite criticism as it will help sharpen my ideas, so please tell me where, in your opinion, I am going wrong.
I enjoy spending time day trading and analyzing the market. I’m always looking for a good swing or day trade, but mostly I’m focused on finding stocks that will hit big and up-list from the OTC to the big boards. Basically, almost all of my portfolio is traded daily, especially considering I tend to look over multiple market segments for trades instead of spending all my time on one section. I’ve been analyzing and trading stocks for over 9 years now, and I have a strong understanding of trends, as well as the knowledge to make smart trades.
I am a physician by training and now a full-time investor and entrepreneur, with a focus on spin-offs. If spin-offs outperform as a group, why not select stocks from this group as opposed to the broader universe?
I managed large box retail stores for 30 years. I then retired from retail, studied for several years and opened a financial services firm. I was a registered representative for ten years and recently sold my financial services business. Core holdings: EPD, MMP, APTS, BIP, HASI, BX, COR, CVS, DLR, CELG, AMGN, HTGC, JNJ, LMT, MAIN, MHLD, NEWT, NRZ, OHI, RTN, UNP, WPZ, OAK, SIR, SXL, SRLP, TEP, UTX, WPC, MPW, and BIF. As a former Registered Rep, I now own zero mutual funds after seeing how they were destroyed in 2008.
I am an experienced individual investor who has been trading merger arbitrage stocks and options since the 90's. I am a writer with a Master of Science from Northwestern University and I truly enjoy writing articles about the stock market. I try to look for opportunities where the odds are in my favor and there is a definite edge. On Seeking Alpha my articles will aim to provide insight and favorable risk/reward for the readers.However, I am not an investment advisor so any recomendations or ideas I write about in my articles, blogs, or comments shouldn't be taken as investment advice. I recommend using my writings as a starting point to which you should add your own research or that of an investment advisor.
"Any time you make a bet with the best of it, where the odds are in your favor, you have earned something on that bet, whether you actually win or lose the bet. By the same token, when you make a bet with the worst of it, where the odds are not in your favor, you have lost something, whether you actually win or lose the bet."
-David Sklansky, "The Theory of Poker"
Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for its investors and then Mr. DeMuth writes about them on StW.