I work on the crossroads of design, branding, consumer research and product development. Occasionally, I buy shares of companies, whose industry I understand or work in.
However, I take capitalism and its machinations with the necessary spoonful of quality Swedish stone salt.
The author is a former hedge fund trader now working as an Independent Trader, Consultant and author of the Panick Value Research Report. The Panick Report is a newsletter and alert service focused on undervalued high yield preferred stock issues and some undervalued micro cap equities. Sign up in the Dividends section of the Seeking Alpha Marketplace to receive exclusive subscriber articles, daily sector updates, advance drafts of public articles and more. Email firstname.lastname@example.org for more information. See also my Panick Value Research Report Facebook site for tips on upcoming articles.
Richard Townsend is a Managing Partner at Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Prior to joining Rangeley Capital, Mr. Townsend served as the Chief Financial Officer for Loral Space and Communications since 1998 and as Executive Vice President since 2003. Prior to Loral, Mr. Townsend spent the majority of his career with IBM (1979-1996) where he held numerous positions including Controller of Europe, Mideast and Africa located in Paris, and Assistant Controller responsible for financial planning and measurement for the corporation. Mr. Townsend began his career as a mechanical design engineer at General Electric's Nuclear Energy Division.
He earned a BSME from the University of Michigan in 1972, a MS in Mechanical Engineering from the University of California at Berkley in 1976, and an MBA from Stanford University in 1979.
Andrew Walker, CFA, is a portfolio manager at Rangeley Capital LLC with a focus on small cap special situations investments. Mr. Walker also contributes to Sifting the World, a value investing forum.
I am a former hedge fund analyst, now pursuing a career in law. Even though I am now doing something else, I still love trading in the markets. My passion is primarily for equities, although part of my portfolio is in fixed-income securities and occasionally I write about that. I do still intend to keep my hand in the securities world even as I am devoting my professional energies to other pursuits. Mostly I intend to write about long/short ideas, tech stocks, and REITs. My advice is intended to be just that - advice only. Do not take it as a reason for investing. It is imperative that you do your own study of securities before you invest your funds in the securities world. To repeat, under no circumstances should you take my word to be a basis for your investment decisions.
My investment decisions are based on the deep understanding of my own limitations in predicting the future. I pursue opportunities that present the highest risk-adjusted return. My focus is on companies with healthy economics: flexible companies that can survive the unpredictable future and still provide value to its shareholders in the long-term.
Long-term value investor.
Over the last decade, Marin Katusa has worked directly with and financed many companies of well-known individuals in the resource industry and has become one of the most trusted and well connected dealmakers in the junior resource sector.
‘One of the most trusted and well connected dealmakers in the junior resource sector.’
During this time, he has become one of the most successful portfolio managers in the resource sector, such as his 2009 Fund Partnership (KC50 Fund, LLC) which has outperformed the comparable index, the TSX-V by over 600%.
Due to the current opportunities in the beaten down resource sector, Marin has decided to focus on maximizing the investment opportunities he see’s available in the current resource sector.
Marin will continue to provide his well sought after research reports and original ideas that thousands of investors and speculators have followed over the last decade. He is also the author of a New York Times Bestseller. All of this and more will be provided on this website (www.katusaresearch.com).
Investor, Entrepreneur, always looking for value.
Founded CompleteBankData to create powerful and easy to use tools that gives bank investors an edge.
Bloomberg Terminal: APPS BANKS
Founded the Oddball Stocks Newsletter (http://www.oddballstocksnewsletter.com) as a way to highlight attractive out of the way investment opportunities.
CompleteBankData is the ultimate edge for bank investors. It pulls fresh data from bank filings into a simple, powerful interface so you can find profitable trades faster. Spend your time making decisions. Not finding them.
Rapid Idea Generation
-Find long and short ideas with dozens of proven strategies: Oversold, Deposit, Market Share, Potential Acquisition Targets, Buyback Yields, Low P/B and Profitable, and more.
-Access our proprietary "Best Bank" rankings.
-Combine dozens of financial metrics to create your own custom bank screens.
-Instantly spot valuation outliers in the universe of banks.
-Visualize macro insights into the health of the banking system.
Deep Dive Analysis
-Access an in-depth report on each bank. See assets, equity, ROE, Texas Ratio, full financials and more with a single click.
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-Create custom bank valuations with built-in peer comparison, acquisition value, and DDM models.
Investment Monitoring and Exit
-Compare banks to peers with one click.
-Identify exit points and short candidates using negative metrics and screens.
Phil Timyan is a private investor and hedge fund manager with over 25 years professional experience in community bank stock investment and shareholder activism.
Over the years, Timyan has filed 13-Ds in ALGC, HRTB, FSVB, GSLA, RFSV, COMB, and RYFL. In 2003, he helped recap COMB by buying a 9.9% stake and joining their Board until its sale in 2006 to SUPR. He is currently serving on the boards of RYFL and Royal Bank.
Since his graduation in the 1980s with a BA in General Business Administration and an MBA in Finance from Michigan State University, Timyan's career has included stints as a:
Registered Representative for Oppenheimer & Co in Chicago, IL
Securities Analyst for Feshbach Bros./Stockbridge Partners in Palo Alto, CA
Securities Analyst/Portfolio Manager for GW Ringoen & Co in San Francisco, CA
Founder of two hedge funds, Sands Point Partners LLC and Riggs Qualified Partners LLC
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And remember to always invest wisely.
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I am not a stockbroker or financial adviser. I am a casual investor making casual observations for the purpose of discussion and open communication and analysis of companies and stocks. All articles are my opinion only and are not suggestions to buy or sell any equity, bond, option or other financial instrument. QTR may have long or short positions in any tickers mentioned at any time and reserves the right to open, close, or modify positions at all time without notice. My conclusions are the result of my personal due diligence and have been wrong in the past. There are tons of unqualified people out there offering up financial advice and its your responsibility to sort through the BS. You don't hit the button to fill my orders and I don't hit yours, so no whining or praising over stocks covered by me.
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Arquitos Capital Management is the general partner of a value-oriented hedge fund, Arquitos Capital Partners. Launched in 2012, Arquitos Capital Partners focuses on company-specific situations such as reorganizations, recapitalizations, liquidations, spin-offs, break-ups, rights offerings and other unique circumstances.
Steven Kiel is the president and chief investment officer of Arquitos Capital Management, a Registered Investment Advisory firm he founded in 2009. He is the portfolio manager of Arquitos Capital Partners, a private investment partnership focused on value-oriented holdings.
Steven is a judge advocate in the Army Reserves. He is a veteran of Operation Iraqi Freedom and currently holds the rank of major. Prior to launching Arquitos Capital Management, he was a lawyer in private practice.
He has been quoted in The Wall Street Journal, Bloomberg, MarketWatch, Deal Journal, The Atlantic, USA Today, and other publications. Steven sits on the board of Sitestar (OTCBB:SYTE), a Virginia-based real estate investment company.
Steven is a graduate of George Mason School of Law and Illinois State University, and is a member of the bar in Illinois and Washington, D.C. A Chicago native, he lives with his wife and two golden retrievers in Coronado, CA.
I primarily focus on deep-value plays that are either misunderstood by the market or small enough they don't generate a whole lot of attention. I look to buy $1 bills for 50¢. I find very few companies with market caps north of $1 billion to be inefficiently priced, so I rarely ever venture into the large-cap world. I also primarily focus on Canadian stocks, but I do wander into the U.S. from time to time.
Most of the things worth listening to are from people who are willing to look outside of the box. Most investors are delusional if they think they can outperform the S&P 500 just by selecting stocks from that index. And most investors drastically underestimate the huge magnifying effect leverage can have, both on the way up and on the way down.
I used to think of myself as a strict Buffett-type value investor, but I've evolved over the years to emulate Walter Schloss more .
Ray Dalio is the Chairman and co-Chief Investment Officer of Bridgewater Associates, which is a global macro investment firm and is the world’s largest hedge fund. He is known to have a very practical understanding of economics that is very different from conventional economic thinking and that he spelled out in "How the Economic Machine Works".
He started Bridgewater in 1975 out of a two bedroom apartment in New York City and has been a global macro investor for more than 45 years.
While at Bridgewater his industry-changing approaches to investing -- which include the invention of risk parity, currency overlay, portable alpha and global inflation indexed bond management -- prompted Alternative Investment CIO to write an article entitled “Is Ray Dalio the Steve Jobs of Investing?”, which compared his industry-changing inventions to those of the Apple founder. According to an industry study, Bridgewater's hedge fund has made more money for its investors than any other hedge fund ever -- an estimated $37 billion. Bridgewater Associates has received numerous awards, including over twenty “Manager of the Year” awards from every major financial publication, and Ray has received three “Lifetime Achievement” awards. Additionally, a long list of economic policy makers actively seek his advice, which prompted Time Magazine in 2012 to name him “One of the 100 Most Influential People in the World”.
Ray is an active philanthropist with a particular interest in oceanographic research and conservation. He is a participant in The Giving Pledge, a commitment to give more than half of his wealth to charity.
Ray believes that reality works like a machine and that principles for dealing with reality are required to be successful. For those who are interested in learning the principles that led to Ray's success, he set them out in Principles.org which focuses on management principles and EconomicPrinciples.org which describes the principles of the economic machine.
Founder, chairman, and chief executive officer of Morningstar, a leading provider of independent investment research. Morningstar offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors and has operations in 27 countries. The company provides data on hundreds of thousands of investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has billions of dollars in assets under advisement or management.
Before founding Morningstar in 1984, Mansueto was a securities analyst at Harris Associates. He holds a bachelor’s degree in business administration from the University of Chicago and a master’s degree in business administration from the University of Chicago Booth School of Business.
James Grant, financial journalist and historian, is the founder and editor of Grant’s Interest Rate Observer, a twice-monthly journal of the investment markets. He is, in addition, the author of five books on finance and financial history: Bernard M. Baruch: The Adventures of a Wall Street Legend (Simon & Schuster, 1983), Money of the Mind (Farrar, Straus & Giroux, 1992), Minding Mr. Market (Farrar, Straus & Giroux, 1993) and The Trouble with Prosperity (Times Books, 1996), and Mr. Market Miscalculates (Axios Press, 2008). John Adams: Party of One, a biography of the second president of the United States, was published in March 2005 by Farrar, Straus & Giroux as well as Mr. Speaker! The Life and Times of Thomas B. Reed, the Man Who Broke the Filibuster (Simon & Schuster). His new book, “The Forgotten Depression, 1921: the Crash that Cured Itself,” will be published in the fall by Simon & Schuster. Mr. Grant’s television appearances include “60 Minutes,” “The Charlie Rose Show,” “CBS Evening News,” and a 10-year stint on “Wall Street Week”. His journalism has appeared in a variety of periodicals, including the Financial Times, The Wall Street Journal and Foreign Affairs, and he contributed an essay to the Sixth Edition of Graham and Dodd's Security Analysis (McGraw-Hill, 2009). Mr. Grant, a former Navy gunner's mate, is a Phi Beta Kappa alumnus of Indiana University. He earned a master's degree in international relations from Columbia University and began his career in journalism in 1972, at the Baltimore Sun. He joined the staff of Barron’s in 1975 where he originated the “Current Yield” column. He is a trustee of the New York Historical Society. He and his wife, Patricia Kavanagh M.D., live in Brooklyn. They are the parents of four grown children.
Andrew Left's Citron Research (http://www.citronresearch.com/) (formally known as Stocklemon.com) seeks to expose companies whose management is in some way misleading investors. Left digs into SEC filings, financials, management histories and other data to uncover such situations, and he is usually short the stocks he writes about. Mr. Left has been publishing for 7 years and has created a track record that is unrivaled in short selling. Mr. Left has been cited in Barron's, Wall St Journal, CNBC and other major publications repeatedly for his work. Mr. Left was also an invited speaker at the reknown Master Investor Conference.
Visit: Citron Research (http://www.citronresearch.com/)
I am the annoying guy you meet at a cocktail party who knows a great deal about things, which at their core, are entirely uninteresting. My hobbies are tube amplifiers, non-linear financial modeling and squash.
Analyst and Fund Manager with almost 20 years investment experience. Coverage includes a variety of industries, with a focus on technology.
Particularly focused on value stocks, poorly understood or under-followed situations, and contrarian perspectives.
Primarily invest in special situations with value that is poorly understood or not fully appreciated, or where we believe there is a highly asymetric risk/reward profile. Also look for long/short ideas in mid/larger cap names where we believe we have a variant view, and the market is dramatically mispricing value.
Follow me on Twitter @valinsights
Andy Blinston is the founder of Investing Sidekick, a website that provides stock reports and analytical spreadsheets for investors. He has been working as a research analyst for 10 years and aims to share his analysis and insights with private investors.
Phil DeMuth (http://www.phildemuth.com/) was the valedictorian of his class at the University of California at Santa Barbara in 1972, then took his master's in communications and Ph.D. in clinical psychology. Both a psychologist and registered investment advisor, Phil has written for The Wall Street Journal, Barron's, the Journal of Financial Planning, the Louis Rukeyser Newsletter, and forbes.com as well as Human Behavior and Psychology Today. His opinions have been quoted in The New York Times, Fortune magazine, Yahoo! Finance, theStreet.com, and On Wall Street. He has been "Profiled for Success" in Research Magazine and seen on TV on CNBC, Forbes on Fox and Wall Street Week with Fortune. He is Managing Director of Conservative Wealth Management LLC (http://www.phildemuth.com/), an SEC-registered investment advisor to high-net-worth individuals, their families, and foundations. Visit Phil DeMuth's website (http://www.phildemuth.com/).