I have been an active trader and investor for more than 10 years, having traded financial instruments ranging from options to futures. I tend to focus on undiscovered companies that have exceptional value on their balance sheets, but lack coverage by traditional news and media sources. I built Sumfolio.com in partnership with a business colleague in order to spread the word about these companies and provide genuinely solid investment ideas to the public!
Finished CFA level 1 & CAIA level 1 in a breeze. Looking forward to CAIA level 2 and CFA level 2. Made top 1% on the Bloomberg BAT, but was a black sheep at my mediocre college, and I was foolish to let it affect me. (non-traditional student)
Hope to write some quality articles in the coming year.
I was playing with fire my first year in the market, using a lot of call options. It was easy to make 50+% gain in 1st yr, summer '13 to summer '14 (thank you bull mkt). This past half year has been a little rough; I wish I had acted more decisively on material information about the energy market and the movement of the Ruble ($YNDX is a favorite).
I remember announcing the probably course of events to family the morning after OPEC's Thanksgiving's Day announcements, and I regrettably decided to wait it through b/c our professors chided us to take a buy and hold approach, and b/c I had bought some quality energy names at very fair prices in October. In retrospect, I realize the importance of optionality or in a sense, degrees of freedom.
In this case, I realize I am too committed to a base scenario (energy stocks recovering in the next year) that has too much opportunity cost. If the price adjustment cycle lasts longer than the expected scenario, then I will be unhappy with the opportunities lost. An equal weight short position would have been an ideal temporary maneuver, expressing my short-term thesis, while not causing commitment angst in the present, hoping for the long-term adjustment to blow over.
I was entrusted with a fresh 100K family capital this past summer, and I plan to be more prudent and thorough (obviously with minimal leverage or derivatives). This market is a little dangerous with high debt loads in China, somewhat high valuation levels (horrible Schiller CAPE ratio, but not sure if that matters as much), and jitters over rate hike, Ukraine, terrorism, epidemics, difficulty of private sector adjusting to Obamacare, and possible fiscal & monetary stimulus tapering.
I think low energy prices is a great stimulus, but the possibilities of a perfect storm with semi-hard landing in China or Europe, a serious violent flare-up with Russia or the Terror War, and disease outbreak could somehow happen at just the wrong time (perhaps, right after a rate hike).
I've read a fair amount of Buffett. But I love the tech industry mostly. To humor Buffett (a tech dinosaur), I bought a tiny bit of IBM. It has been working hard to transform its whole business, and actually has some top-notch talent and product portfolios with a fairly conservative valuation. The market is probably right that is a long-shot that IBM will grow significantly again, despite its immense technology assets and partnerships. Recent comment: feel lucky to have exited IBM at a small gain; mulling a re-entry and annoyed that I missed the recent Google explosion. Google is solidifying its reach and ecosystem, but at steep multiples.
I've been away from investing for much of the past half year (now dec'15), partly because I was getting cyberattacks on my twitter account, my computer, and broker connection was being intercepted, which made me very uncomfortable. My car also very suddenly needed an engine replacement that same week, despite a thorough check-up a month prior. I'm having a hard time moving forward, after severe blacklisting after-effects, (too long & weird to discuss).
CAIA & CFA level 1s were super-easy even though I was underprepared. I look forward to embracing the challenge. I will end up working in Europe or abroad, if I have to. Lucky to get tons of invites from Bloomberg recruitment due to top notch scores, but haven't really applied b/c of crummy school issues. Plan to work on Wall Street Prep & hopefully some SA articles.
Dreamjob: working for a hedge fund focussing in equities, preferably with a multicultural bunch (I'm half european / half asian american)
Long-term dream job: top-notch hedge fund manager
My favorite time horizon: 3mo to 18mo, b/c best chance of having a direct connect with news & analysis. market moves too fast to be primarily buy & hold, albeit such a mid-term outlook forfeits the benefit of effective interest-free loan in the the form of deferred taxes (as Buffett makes use of) as well as benefit of a capital gains rate, but on the other hand, a mid-term outlook maximizes flexibility. I'm trying to stay more grounded in fundamentals, flesh out the invest case for a quite a handful of stocks, and balancing risks in wide portfolio. Plan to explore ETF's more.
Asif Suria is an entrepreneur and investor with a focus on event driven strategies including merger arbitrage and insider trading. He publishes a weekly post that includes the latest mergers and highlights the largest spreads. He also publishes a weekly post that highlights the top 5 insider purchases and sales of the week.
Asif is also one of the earliest contributors at Seeking Alpha and has been regularly contributing content since 2005.
I am a senior software engineer who has worked for some of the largest semiconductor companies in the world. I specialize in developing software for the most advanced graphics and video cores in embedded processor devices for building graphical user interfaces, digital signage applications and video conferencing equipment. I am very bullish on the nuclear power industry worldwide including uranium mining and enrichment companies. These are long term investments. I am long CCJ, DNN and UUUU.
Personal investor. I started investing in clean energy stocks, mostly Chinese companies, in September 2011 which was after they had generally dropped 50-75% in value. I was purchasing CSIQ, DQ, JKS, MY, and YGE at what was close to their 52 week low price, but the only problem was they continued to drop another 15-20% in price before the end of 3Q2011. Fortunately, October 2011 has been a rebound month, and overall, I have gained back most of those losses (CSIQ and DQ are yet to recover). Now, with the European Sovereign Debt Crises in a temporary holding pattern, I am waiting for the 3rd quarter earnings reports for these companies. If the reports are good, then I think these stocks will do well.
Another watch point for these stocks will be the attempt to apply trade tariffs on sales of their products in USA. If the tariffs do not happen, that will be good news. But even if the tariffs do happen, I think these companies will continue to grow and be profitable from their sales within China (which apparently is very committed to clean, renewable energy) as well as around the world.
Other stocks of interest to me: ASYS and MNTA for a bit of diversification.
I live in Albuquerque NM. Am retired from the US Army (USAM- Class of 1966). Currently work for a Govt Agency- at a large call center here. I used to trade FREX, but found that the prospect of losing everything was such that I have returned to investing in stocks. Focus on some long term holdings- small cap resource and energy stocks. Like to also buy those with prospects of a 15% appreciation in 4-6 weeks. Sometimes have to hold lojnger, but that is OK. Some nice ones seem to always be "obn the table"... Patrick