I am an amateur stock-picker on weekends. I have been investing since 2003, and my fundamental approach is a value-oriented buy-and-hold strategy. I started my blog when I found that there is a dearth of information about value investing on the web. Most of the discussion on message boards and popular discussion sites are fragmented and incomplete at best, and downright scams at worst. The few bits of quality discussion is sequestered in subscription-only boards. On my blog, I aim to provide quality stock analyses and articles about value investing strategies. My main motivation is that the need to provide material for this blog will continually hone my investment skills. I put my money where my mouth is, so you can expect that I have a position in any stock that I favorably review. In return, I hope that readers will post comments sharing your views and ideas, so that we can all benefit. Together, we can all become better stock-pickers, for fun and profit. Visit Value Geek's blog, Blogvesting (http://blogvesting.com/)
My work consists in procuring investment situations for clients where the estimated monetary value of a quoted financial security is significantly higher than its market cost; thus establishing a margin of safety in investments that allows for market outperformance and a lower risk profile in the long term. During this time I have successfully identified and invested in inefficiently priced financial securities that with few exceptions have outperformed global equity markets.
My experience is further divided into two types of investments:
1.) General Equity Investments: Investments in companies whose true value is unrecognised by equity markets.
+Asset Value. Shares of companies selling for much less than their net asset value, liquidation value or those that have substantial hidden assets.
+Earnings Power Value. Shares of companies selling for much less than their cost of capital times their earnings, normalised earnings or their earnings potential.
+Great businesses at great prices. Shares of companies with excellent ROIC levels and competitive advantages selling for a price unreflective of such characteristics.
2.) Special Situations: Financial opportunities characterised by an unlocking of value via a complicated or uncommon financial structure that tend to be disregarded by market participants.
To realise the aforementioned investments, I read a great number of financial documents, reports and news articles daily and analyse and model my findings. While doing so my strategic framing and approach is two-fold:
+ Defensive Strategy: Monitoring and analysing the composition of the client’s securities portfolio and acting accordingly when the estimated value of a financial security changes.
+ Offensive Strategy: Exploring the global marketplace in search for investment opportunities, analysing them quantitatively and qualitatively and comparing them to the client’s opportunity cost (i.e. cash, current portfolio positions or other potential investments).
I am an author of books related to the decision framing and optimizing processes of Buffett and Munger. These books are available at www.frips.com and: http://www.amazon.com/Bud-Labitan/e/B002D1ERT4
With integrity and patience, we can also earn superior profits by carefully evaluating facts and continuously exercising discipline. I have been a steelworker, student, medical doctor, county board of health member, medical director, and a software developer. In 2003, I earned my MBA, and started a career in intrinsic value investing. You can contact me via email: firstname.lastname@example.org