Investor’s Business Daily wrote that “Simon says and the market is playing along.” Unfortunately that’s not always the case, but Simon’s common sense and often contrarian market analysis has pinpointed many major turning points over the years. He’s been invited as guest on CNBC, FOX News, Channel 8 and his analysis has been published in the Wall Street Journal, Investor’s Business Daily, USA Today, Nasdaq.com, Schwab.com, Scottrade.com, Yahoo!Finance, Google Finance, and other outlets. iSPYETF.com is the home of Simon’s thoughts and forecasts.
I am a proven investment expert and a one man idea machine.
The ideas that I generate are based on the unique, proprietary method I created over 25 years using actual, hands on trading and investment experience that generates tangible, superior returns.
In my 401K/IRA, I have generated 5 year annualized returns of 45% per year and a cumulative return of 535% in my 401K/IRA account as of year end 2013. The S&P 500 has averaged 18% and 128% cumulatively over those 5 years. From the inception of the account in 2006 to year end 2013 this account has generated average annual returns of 30% and cumulative returns of 516%.
Between October 2011 and December 2012 as the stock selection guru for The Palm Beach Letter. I recommended 29 stocks. As of December 31, 2013, these recommendations were up by an average of 53%. Of the 29 recommendations, 28 stocks have gone up and just one has gone down. The 3 highest returning stocks I recommended were Yahoo, up by 157%, Boston Scientific, up by 126% and Interparfums up by 117%. You can look at the attached file to see all 29 stocks and their performance as of December 31, 2013.
Between the years 2008 and 2009, a private account I managed won the prestigious Templeton Foundation investment competition with returns of 76%. I was manager of the Kinetics International Fund in 2009 and 2010 when it went up by 67% and 20%, outperforming the MSCI EAFE (up 28% in 2009 and 4.9% in 2010) in both years. I have 25 years of direct, hand on money management experience that includes every bull market, bear market and financial crisis since 1988.
I belive in analysis but not analyts. Market is driven by so many forces, funds and funds, analysts, finacial headlines, insiders, .... etc. We can not be the mercy of those guys. We need analysis, analysis and analysis... I trade on my analysis and faith.
I have thirty four years experience investing as an individual, as an adviser to trustees of a son's Guardianship Trust, as co-trustee of a Special Needs Trust, as sole trustee of a supplemental needs trust for my sister, and previously assisting parents to manage a substantial portfolio. In viewing investments I use a blended approach of fundamental analysis, technical analysis, hedging and incorporating an economic perspective. I have a BS in Economics and a BA with a major in Chemistry, both from the University of Minnesota, Minneapolis. I spent most of my career as an industrial process systems engineer and recently several years as a part-time mortgage banker.