Steven Jon Kaplan began TrueContrarian.com in August 1996 as a weekly blog and later expanded this to a daily newsletter with intraday updates in February 2006. Steve provides financial consulting which emphasizes long-term tax and investment planning. He has been trading his own account, and those of family and close friends, since 1981, and handles separately managed accounts for qualified clients. As a registered investment advisor, Steve charges a 20% performance fee on net profits and zero management fees. He has been quoted in Barron's, Market Watch, Dow Jones Newswires, Seeking Alpha, and Kitco. Steve has appeared on Market Watch cable TV with Stacey Delo and was interviewed by Alisa Parenti on Bloomberg. Since 2010, Danielle Kerani Oberdier has served as Steve's business associate. Steve enjoys running with the New York Road Runners, composing and performing on piano and voice, writing stories, and traveling to unique places. He enjoys hearing from anyone about a wide range of topics, so please let him know what you think about the web site or whatever is on your mind. You can find his music at http://www.reverbnation.com/stevenjonkaplan .
I'm an individual investor who works in the IT industry. I'm interested in quantitative/factor investing, alternative strategies, and cyclical value strategies. I am currently following the shipping and precious metal stocks closely.
I am a private investor from Copenhagen, Denmark.
I specialize in corners of the stock market and countries which have fallen 80-90 % from their all time highs.
This meant buying dry bulk shipping back in the first half of 2012 when the Baltic Dry Index reached a 26 year low and Bloomberg´s Pure Play Dry Bulk Shipping Index reached an all time low.
This also meant buying dry bulk shipping late 2014 as the Baltic Dry Index was once more approaching an all time low.
Plus investing in wind energy stocks in the fall of 2012 when First Trust Global Wind Energy ETF (FAN) had fallen 80 %.
I placed more than half my portfolio in solar stocks around December 1 st 2012 when Guggenheim Solar ETF (TAN) had fallen more than 90 %.
I bought Nordic American Tankers at the end of 2013 because the Suezmaz spotrate hit a 19 year low on October 1st 2013 and because Nordic American Tankers is a pure play on the Suezmax spotrate.
Dry bulk shipping, Suexmax tanker shipping, wind energy and solar energy stocks have been good investments so far, and solar spectacularly so.
Investing in Greece in 2013-14 did not work out. I did not see Greece´s new radical Left government - incredibly supported by the far Right - coming. But then who did? I believe that the current situation in Greece was a low probability outcome. Probably less then 10 %. Still it happened and you move on. I do not regret it. Greece was a calculated bet that simply ended in a low probability outcome. Given a similar situation I would probably do the same again.
I bought US coal in July 2015 – Cloud Peak Energy and Consol Energy – at what seems to the point of maximum pessimism for the US coal industry.
Winner of Mebane Faber Research´s competition of best ETF idea 2013.
Retired engineer who enjoys investing
which gives me a good reason to keep up with the
world. Have core holdings in mutual funds--equity and bond,
and quality dividend stocks. IRAs
and Roths constitute the major portion of the portfolio. Since the world markets are quite mixed, I'm more interested in a defensive position.