David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior.
David is a Certified Public Accountant and previously worked as an auditor at a Big 4 accounting firm, SEC Reporting Analyst and financial systems administrator at a small private company.
Find the Sims On Finance Investing Podcast on iTunes, Tune In Radio, and Player FM radio.
After 42 years in the construction industry as an IBEW inside wireman-electrician
I feel fortunate to have a pension. I value all the insight from the contributors
to this web site! With 300k in IRA's @Vanguard and 30k in joint acct,I hope to
attempt some trading and options also.
seeking alpha and advice
Don't entirely like the monetary system in the US - Quote: "It is well enough that people of our American nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Disclaimer: My articles and comments do not contain investment recommendations or personal investment advice to any specific person for any particular purpose. Any article or comment is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action. Do your own research or obtain suitable personal advice. You are responsible for your own investment decisions. Any information I publish is not a recommendation or solicitation to buy or sell securities, nor am I a registered investment advisor. Investing carries risk of loss and is not suitable for all individuals.
My stock portfolio is most about trying to capture tiny slices of ownership in the dominant publically traded companies in the world (in most sectors and industries) and not overpaying for that little piece of future earnings. I want to pay at most fair-valuation (although sometimes I try for bargain prices) as long the company appears solid and I think the company will be around 10 years and more. That is what I found produce the best total returns. I am mostly focussed on mature companies that pay dividends, but I do make exceptions, for leading companies in some industries - even if their dividend yield is low. I appreciate diversification and risk-management by not putting too much cash into each stock.
My portfolio has a spreadsheet on http://tiny.cc/tarkin
I'm not a pro analyst, a pro investor, a hedge fund manager, or even a college graduate. I'm 25, which makes me, understandably, a bit naive and inexperienced in the world of investing - at least from most people's perspectives. In my defense, the stock market isn't what it used to be. Today, it's so future-based - Investors are making high-risk bets on companies like Tesla and Amazon (with some good reason) while forgetting that reputable companies such as McDonalds, Intel, and Starbucks who spend much of their time proving their worth over time.
I don't have much cash as I've spent a lot on school, but I like to invest across the board instead of just tech, and have enjoyed (or hated) owning companies such as Priceline, Limited Brands, American Airlines, Ford, Apple, and AMD among others. I do my own research, follow my gut, and buy or sell. I generally stay away from companies that I know nothing about such as a retail store or restaurant I've never heard of. I think that having personal experience with a product/brand helps me better gauge an investment. (i.e. I bought some Priceline stock literally days after buying my first Priceline vacation package back in 2012 due to its ease of use).
Why do I write articles for Seeking Alpha? Seeking Alpha is an excellent place for opinions and as a slight contrarian I generally have different perspectives from others, but I think that I'm not alone in these thoughts.
Some ideas I've had recently that aren't necessarily mainstream include:
1. Apple's Mac sales will start falling by as soon as next quarter for at least two quarters and may continue to fall consecutively unless MacBook Air and Pro prices or lowered or refreshed with an all new design (expected in mid-2016). Mac sales have been growing continuously (with the exception of the recession and a few single quarters of y/y declines due to refresh cycles)
2. Apple's iPad morphing into a mobile personal computer can can truly replace your laptop in a way different from a Surface. Today, this isn't possible and the iPad becoming a Mac isn't the solution. As the software and hardware for iPad expands, perhaps people with the intentions of doing more than Office and Netflix will come to have plenty of reason to own an iPad. As such, the iPad can slowly become a very big thing. This one is a bit out there, but I once suggested that AMD could create a semi-custom APU (after Zen) for Apple's Macs in order to offer a highly customizable x86 solution that would be many times more affordable than Intel. Apple has depressed the prices of Macs by a lot recently and making them even cheaper could allow the Mac to grow and reach market share levels that we thought would never come. If Intel keeps kicking AMD's ass though, you can scratch this idea off the list though. Next generation consoles arriving much sooner than expected. Specifically 2018, representing a 4-5 year life cycle of the PS4 and Xbox One. I believe that the current consoles are very underpowered - No 4K, no Virtual Reality, and it's slower than a equally priced gaming PC. Because of this, consoles are going to fall behind very quickly and the March arrival of a $600 Oculus could have profound effect on the gaming industry. Waiting another eight years may be too long, and I think that AMD will be the power behind the next generation.