Stephen Simpson, CFA, is a freelance financial writer and investor.I have worked for both sell-side and buy-side firms (equities and fixed income), with the largest percentage of my working time spent in med-tech. At this point I am now effectively in a "working retirement". I write because I find that the process helps me take better notes, be more disciplined about modeling, and come up with a more coherent investment view for my portfolio management needs. If I'm writing about a stock, it's generally because I'm interested in it as an investment prospect or I think there's an interesting story to tell. I don't share my models, so please don't ask. More of my writings can be found at my blog Kratisto Investing (kratistoinvesting.blogspot.com), or Twitter (@Kratisto_Invest).
Asia/U.S. Deep-Value Wide-Moat Stocks is a research service for value investors seeking value stocks with a huge gap between price and intrinsic value, leaning towards deep value balance sheet bargains (i.e. buying assets at a discount e.g. net cash stocks, net-nets, low P/B stocks, sum-of-the-parts discounts) and wide moat stocks (i.e. buying earnings power at a discount in great companies like "Magic Formula" stocks, high quality businesses, hidden champions and wide moat compounders).
Those who believe that the pendulum will move in one direction forever—or reside at an extreme forever— eventually will lose huge sums. Those who understand the pendulum's behavior can benefit enormously. ~ Howard Marks
Investment ideas for Asia/U.S. Deep-Value Wide-Moat Stocks are generated from screens, insider trades, 13Fs, fund manager letters, analyst reports, blogs and forums. The initial ideas sourced are subsequently evaluated using The Cheapness-Safety-Quality (CSQ) framework, applying customized investment checklists to ask the right questions of the investments in question, along the dimension of cheapness, safety and quality. Asia/U.S. Deep-Value Wide-Moat Stocks' value investing philosophy borrows from the wisdom of value investing gurus, using both quantitative screens and qualitative inputs to filter the global stock markets for investment ideas.
See also English profile on my website, study of economics at the University of Bonn (among others with Prof. Dr.Selten; winner of the Nobel Prize in economics), Apprenticeship with Spanish bank (Malaga/Antequera), University of California / Berkeley: „Financing the software venture“, further post graduate professional education at the Bergische University of Wuppertal (Asset Management, Investment Banking) and Stanford University (New Technologies, Financing, Entrepreneuership), Publications for Rudolf Haufe Verlag, Consultant with European Info Center GEBI-mbH in Bonn (subsidiary of DG-Bank and V&R-Banken), five years corporate finance and international business consultant with EUTELIS Consult (joint venture including France Telecom, Deutsche Telekom, Deutsche Bank); several projects for European commission, more than 10 years independent business and investment advisor. Other: Founder's shareholder with TechDax-Company (renewable energy), early risk alerts to potential bankruptcies in the banking sector (Feb. 2007), early warnings of investment bubbles in sectors like: bio fuels, bio gas, photovoltaic, highest priority: knowledge and contact management, knowledge and result oriented, undogmatic, unideological thinking, Orientation towards principles of an ehrbarer Kaufmann, disclosing conflicts of interest, fair presentation of opportunities and risks:
my investment certificate (approved by German regulator (Bafin))https://www.wikifolio.com/de/WF0ASAP2