Former buyside analyst now running my own fund for accredited investors. If you find my articles balanced and interesting, feel free to reach out - always up for a conversation. Things to know:
1) I research a lot of companies, but invest in very few. My goal on SA is to provide analysis, particularly of small and underfollowed companies, that readers can use as a starting point for their own research. When you read my articles, please understand that I try to present a high-level look. It's up to the reader to determine if it's the sort of situation that is worth monitoring. Note that I usually try to err on the side of conservatism, so just because I'm not enthused by a particular investment candidate doesn't mean you shouldn't be.
2) I appreciate comments whether you agree with me or not - especially in cases where I might be wrong, I'd like to know why! If you happen to be a particular expert on a topic and are interested in discussing it further, please shoot me a direct message. I would love to chat. Or if, you know, you're just a lonely value investor who wants a friend. Jokes aside, I've made lots of great friends through SA and am always open to talking.
3) If you enjoy reading my work, in no particular order, you might also enjoy reading fellow SA authors Vince Martin, Stephen Simpson, Brendan Rose, Brian Grosso, Bumbershoot Holdings, Adib Motiwala, Jeremy Raper, Investing 501, and Ted Barac. Most of them have professional investment expertise and the ones who don't are equally insightful. Like Amazon recommendations, not all of these will be perfect, but if you're new to SA, it's as good a place as any to start!
All the usual disclaimers apply... articles are provided for entertainment purposes only, interpret everything as opinion rather than fact, do your own due diligence, this is not an offer to sell securities, forward looking statements are not made using a crystal ball, etc. Most importantly, I will reiterate that everything I write is an opinion; analyzing stocks is inherently subjective and two reasonable people can come to different conclusions.
I invest (technically) part-time, but I love the markets and immerse myself in them daily. I enjoy writing about my investment ideas as it helps me to organize my thoughts and I am happy to share if it helps others. I invite criticism as it will help sharpen my ideas, so please tell me where, in your opinion, I am going wrong.
2014 Magna Cum Laude graduate of Ohio Wesleyan University. Pursuing a career in investment management. Passion for value-oriented equity analysis. Specific interest in event-driven investing including spin offs, turnarounds, bankruptcies and M&A opportunities.
I read annual reports and related materials daily, and have found that Buffett was very right about how knowledge works like compound interest. What I've found in assessing companies is that the truly great ones downplay their position, while the pie in the sky market opportunities usually represent stagnant capital and/or intense competition (weak margins). The longer the horizon, the less competition you will face in regards to price paid versus value, but too much dependency on growth also leaves you vulnerable to permanent loss when growth fails to materialize. Lastly, never discount the value of a great capital allocator at the helm. A CEO of a company earning 20% ROE that keeps 75% of the company's earnings each year will have made capital allocation decisions representing half of the equity of the company within 5 years.
I am an Anesthesiologist in Seattle as a vocation, but my avocation is investing. I stick to fundamentals and look to buy either company assets or profits at a discount. If it's not cheap, I don't buy it! Please feel free to email me with praise, and kindly direct all complaints and criticisms to my editor, Sheri (also an Anesthesiologist) who also happens to be my wife.You can reach us both at: firstname.lastname@example.org
Generalist equity analyst at an event driven hedge fund. Professionally more conservative in approach, and largely market neutral, although enjoy investing more opportunistically PA. Focus on risk arb, recaps, restructurings, spin offs and have been involved in a handful of activist situations.