I have been interested in investing since my first high school economics class. The good news is that I have grown out of my belief in the efficient market theory. It took longer than Santa Claus, but the case for it is a little stronger than "magic reindeer". Now I manage my own investments with the goal of supporting my travel habit.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
Sign up here to receive the Wall Street Breakfast in your inbox every business day: http://seekingalpha.com/account/email_preferences
I am a value investor with a bent for quantitative analysis. I got my start as floor clerk as the CBOE. While I have moved on to other professional endeavors, I have retained my passion for markets. I became a SeekingAlpha contributor because I am an avid user. I love that the content creators and users are one in the same!
Axioms to live by:
* GAAP is crap.
* CAPM? More like CRAP-M!
* Post-Mortem Portfolio Theory
* The WACC is whack!
* "You have to understand the fundamentals first" - Aleks Chechkin
* "You want to know about charts? All ships at the bottom of the ocean had charts; look where that got 'em!" - Bill McMahon
* "If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes." - Peter Lynch
* "The market can remain irrational for longer than you can remain solvent" - Keynes
* "The time to buy is when blood is in the streets" - Baron Rothschild
* "There is no such thing as a bad investment; just a bad price"
* "The solution for high (low) prices is high (low) prices"
Investment professional and CFA charterholder. I write on Seeking Alpha as a personal hobby and to elicit feedback on specific ideas and topics, help organize my thinking, and connect with intelligent people.
Jeff Diercks, is an investapreneur and recovering CPA. He actively trades his own money and manages the assets of a select group of clients at InTrust Advisors, a Tampa, Florida based wealth management firm focused on trend following and price momentum strategies utilizing ETF securities.
Mr. Diercks is also the managing member of Stock-Signal.com, which provides its subscribers with trend following buy and sell signals on a select group of broad market indexes.
Mr. Diercks has worked with discretionary and non-discretionary investment accounts for over a fifteen years and has overseen all aspects of InTrust's and Stock-Signal's investment processes. Additionally, he has over twenty years of experience working with wealthy individuals and families in both business and financial consulting roles.
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.
I am an amateur investor who cares a great deal about realistically analyzing companies. I generally disagree with the idea that the market is quick to 'price in' events correctly. If the market does react to events, I believe it tends to overreact, creating buying or selling opportunities. This philosophy tends to leave me slightly out of touch with the market, since it ebbs and flows to highs and lows that I find unjustifiable. I enjoy criticism, because it makes me a stronger investor with a clearer view of my goals in investing.
I work as a contractor for Verizon.
Veteran options-oriented value investor.
Options can make you a riskier speculator - or they can make you a better value investor, a better dividend growth investor, or a better high yield income investor
Incorporating customized and conservative value-oriented option strategies can significantly improve your performance while also helping you overcome the biggest drawbacks to value investing (rare bargain opportunities on truly world class businesses), dividend growth investing (takes too long), and current high yield income (high risk).
For the last 7+ years, via the Great Option Trading Strategies website, I've been publicly advocating and teaching a customized options-oriented approach to acquiring ownership stakes in exceptional businesses at exceptional prices and to generate high yield income from low risk stocks.
True investing works . . . and smart, conservative, customized option trades designed to systematically reduce risk and perpetually lower the cost basis on the long term investor's portfolio makes it work better and faster.