Tim Iacono is the founder of the investment website 'Iacono Research', a subscription service providing market commentary and investment advisory services specializing in natural resources. He also writes a financial blog known as 'The Mess That Greenspan Made', a sometimes irreverent look at the many and varied after-effects of the Greenspan term at the Federal Reserve. Use the links below to visit Tim's website/blog.
Managing a small long/short portfolio while preparing for the third level of the CFA Institute program. I am a firm proponent of the concentration and dynamic asset allocation. I believe investor can consistently outperform the market as long as the necessary time and efforts are dedicated.
SeekingAlpha is not and should never be Buzzfeed. Quality over quantity.
Liu is currently the CEO of Capitol Isle Partners LLC a media consulting business focusing on corporate restructuring and new business development. He is a partner in Information Central, a newsletter content provider and web marketing company. He also serves as a Senior Advisor to Goldmark Advisors, an investment banking boutique specializing in media situations. Liu has been a successful start-up and turnaround specialist in the media and publishing industry. He has spent his career advising companies in the fields of publishing, direct marketing and web-partnership marketing. In the past several years, he has consulted via Capital Isle Partners with well-known clients such as TV Guide, Primedia, Evercore Partners, Boardroom Reports and Willis Stein Partners. Before becoming a consultant, Liu has held several prestigious assignments. He was the Vice President of Consumer Marketing for American Media, Inc., publishers of The National Enquirer, STAR Magazine. Liu served as the Executive Vice President and co-founder of Lear Publishing, a consumer magazine company founded by Frances Lear (Norman Lear's ex-wife). He was also the President and Publisher of Network Publishing, the magazine division of the Providence Journal Company, and executed the hugely successful turn around of Soap Opera Digest. Liu is a long time investor focusing on value and strategic plays where his business experience in turnaround and restructuring work can be used to find and define opportunities in the market.
An investor with circa 30 years of professional, managerial and financial experience, gathered through both private-individual activities as well as asset management type of roles.
I'm involved in running a leveraged fixed-income, absolute return, hedge fund that aims at providing its investors with double-digit returns, per annum. The fund runs a fast, frequent and furious trading strategy and it focuses on the very short term. Definitely not a Buy & Hold!
I'm also advising and consulting to private individuals, mostly HNWI that I had been serving through many years of working within the private banking, wealth management and asset management arenas. This activity focuses on the long run and it's mostly based on a Buy & Hold strategy.
Risk management is at the very core of our essence and while we normally take LONG-naked positions, we constantly hedge our positions, in order to protect the downside, that usually occurs at times when you least expect that to take place...
I cover all asset-classes though mostly focusing on cash cows and high dividend paying "machines" that may generate high (total) returns: Interest-sensitive, income-generating, instruments, e.g. Bonds, REITs, BDCs, Preferred Shares, MLPs, etc. combined with a variety of high-risk, growth and value stocks.
I believe and invest for the long run but I'm very minded of the short run too. While it's possible to make a massive-quick "kill", here and there, good things usually come in small packages; so do returns. Therefore, I (hope but) don't expect my investments to double in value over a short period of time. I do, however, aim at an annual double-digit returns on average, preferably on an absolute basis, i.e. regardless of markets' returns and directions.
Timing is Everything! While investors can't time the market, I believe that this applies only to the long term. In the short-term (a couple of months) one can and should pick the right moment and the right entry point, based on his subjective-personal preferences, risk aversion and goals. Long-term, strategy/macro, investment decisions can't be timed while short-term, implementation/micro, investment decision, can!
When it comes to investments and trading I believe that the most important virtues are healthy common sense, general wisdom, sufficient research, vast experience, strive for excellence, ongoing willingness to learn, minimum ego, maximum patience, ability to withstand (enormous) pressure/s, strict discipline and a lot of luck!...