I am a successful private investor who is passionate about investing in growing, high-quality, "wide moat" companies that trade below their intrinsic value. I am a CFA Charterholder and hold an MBA from an Ivy League Business School. The following are the three key pillars of my investment philosophy:
1) Great Businesses: Acquire high-quality predictable businesses with wide economic moats (i.e. sustainable competitive advantages or high barriers to entry), pricing power, strong market positions, high free cash flow generation and high returns on invested capital.
2) Excellent Management: That has significant experience in their industry, is incentivized properly with substantial ownership, and is focused on creating shareholder value by increasing free cash flow.
3) Margin of Safety: Acquire these businesses at a significant margin of safety to intrinsic value, ideally when they are out-of-favor. Attractive risk/reward relationship with strong upside potential of at least 50% and downside risk of no more than 15%. Think about valuation in terms of expected value (taking into account the probability of various upside/downside scenarios).
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).
I'm an investor and a Chartered Business Valuator (CBV). I have been investing since I was a teenager. I love my work. I manage a private investment company and I specialize in business valuation.
I'm a huge skeptic by nature. If you had to put me in an investment category, I would fall under "contrarian/value" investor. It's not an investment style that I picked but one that reflects my personality.
Regarding my articles, I think to present my ideas present in a neutral light, without any hype or promotion, which is a rare thing these days.
Please note that any articles or comments on Seeking Alpha are not linked to my work, and the opinions or content mentioned are mine personally.
I am currently an individual investor with focus on event-driven trading and long-short opportunities. I graduated Emory University in 2009 and am also a finance Phd dropout from UCLA Anderson. I could be reached at email@example.com
In January 2015, Steven launched the Uguisu Value letter. Published quarterly, each issue features one thoroughly researched Japanese smaller-cap equity write-up that has baseline 2x upside. With returns of 30%-plus (40%+ yen-denominated) in 2013 and 2014, Steven remains focused on smaller caps as he invests alongside subscribers and maintains a concentrated portfolio. For more details see: http://steventowns.com/uguisu-value-newsletter/
Steven is also the author of 'Investing in Japan: There is no stock market as undervalued and as misunderstood' (2012). 'Investing in Japan' fills the void of information about Japanese stocks, providing a comprehensive overview of the market, challenging conventional wisdom of Japan being on its last leg, and providing insightful discussion of many key aspects to investing in Japan, including the strategies of investment funds, leading hedge funds, idiosyncrasies of the market, returns on equity, shareholder rights, and more. See book detail page below or paste the following book link to Amazon in your browser: http://amzn.to/AENfeH
KL is a special situations and opportunistic fund, managing a concentrated portfolio. KL believes that minimizing losses in difficult periods is critical to generate attractive long term returns. The Fund’s objectives are to minimize losses and generate returns in excess of the special situation hedge fund index, which is expected to return 10% pa. over the next 3 years. KL’s competitive edge is its rare ability to combine detailed and independent value-investing research with a unique willingness and ability to trade special situation securities.
KL Investment Partners may change or exit its holdings (buy, sell, sell-short shares) without updating its Seeking Alpha articles and without informing the Seeking Alpha community.
KL's articles, blogs and comments are not an offer to sell or a solicitation of offers to buy any securities. Securities of the Fund are offered to selected investors only by means of a complete offering memorandum and related subscription materials. There is the possibility of loss and all investment involves risk including the loss of principal.
I have retired from a 35 years career in the semiconductor industry. I now have the time to do the deep research necessary for successful investing.
I freely provide investment information for friends and family.
I am a member of MENSA, which means precisely nothing except I wake up in the middle of the night doing pointless math problems in my head:)
Full-time investor. Formerly buy-side credit analyst (2yrs) covering Japanese + Asian companies. Before that, I was a cross asset derivatives salesperson at a large bulge-bracket firm, based in Tokyo (4yrs). I use Seeking Alpha to clarify and synthesize my investment thought process and to elicit feedback on my theses; additionally I like to connect with other investors and swap ideas.
You can read my finance-related blog at rapercapital.com (less organized than Seeking Alpha writeups, more my random musings on various finance-related topics).
Going forward I will try to tweet my investment-related thoughts/updates to articles/etc. You can follow me on Twitter, my handle is @puppyeh1
Always looking for new ideas across the board. Happy to exchange ideas/share thoughts/swap notes, feel free to private message me. I currently live in Singapore.
Dana Kuhn is a long time value investor. He is a graduate of The Ohio State University with a BS in Business Administration Finance and a Masters of Business Administration. He also holds the Chartered Financial Analyst (CFA) designation.
The Wall Street Transcript is a financial interview transcripts publication and Web site that has been in business for over 40 years.
TWST interviews public company CEOs, equity analysts and money managers in a wide variety of industries, and publishes the transcripts of these interviews on the Web at http://www.twst.com and in a bi-weekly print edition.
The Wall Street Transcript has received many awards and accolades over the years, and our Web site is considered a Best of the Web site for Stock Picking from Forbes Magazine.
Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for its investors and then Mr. DeMuth writes about them on StW.
EVERY STOCK stock that I write about is one I either own, and/or that I am considering buying or selling. I am an investment hobbyist, not a broker, not an adviser, not a CFA, and not a banker. And I have never been any of those things. I have been investing a small amount of my own money for 17 years, and a more significant amount for the past 5 years. I blog anonymously about economics and investing because in my profession blogging is discouraged. I blog to keep myself honest. See "What Am I" for more details on my style and preferences, and more, at www.dumbmoney.tumblr.com.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
Sign up here to receive the Wall Street Breakfast in your inbox every business day: http://seekingalpha.com/account/email_preferences
Tim is a graduate of the University of Michigan, with a degree in economics. He works in the litigation consulting industry and has been investing for a few years. Tim is a value investor, but likes to work in special situations as well.
I am Seeking Alpha's CEO and Editor-in-Chief. My love for the stock markets goes back to when I was a kid. Who else remembers combing through the stock quotes at the back of the business section of your local paper?
I joined Seeking Alpha in 2006 and launched Wall Street Breakfast and Market Currents, our top-of-class short-form breaking news for investors. In 2010 I became editor-in-chief and in 2015 I became CEO.
I live in Jerusalem with my wife and a bunch of exceptional kids. Most days, you'll find me making the commute from Jerusalem to Raanana. Occasionally I get to work from my home-office, from where I keep an eye on the beautiful Judean Hills.
To contact me, send me a direct message, or email me at firstname.lastname@example.org.