I was trained as a lawyer and practiced in the fields of corporate law and bank regulation in large U.S. firms for 20 years, then decided to do other things. My career has included banking and being an entrepreneur. For seven years I was CEO of a high-tech sports business. I have retired from active business and spend full-time writing, mostly on economic subjects.
My books include:
High Rollers: Inside the S&L Debacle (1991)
Debt Spiral: How Credit Failed Capitalism (2009)
Practical Handbook for Bank Directors (1995), second edition due 2012
Corporate Governance for Public Company Directors (2003)
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PetroEngInvestor (David Harter)
Hedge Fund Co-Founder and Managing Director
"Do you know the only thing that gives me pleasure? It's to see my dividends coming in."
-John D. Rockefeller
I share my portfolio, trades, and reasoning in real time with readers at my website: http://WisdomsReward.com (specifically look for the tab that says Value Focus)
My name is Chris McKinney. Wisdom's Reward is the name of a Christian investing website I started. My faith in Jesus Christ factors into my investing in various ways. The name "Wisdom's Reward" was suggested by a friend and comes from the fact that I started on the whole venture by studying Ecclesiastes and Proverbs (both are books of Wisdom) regarding what they had to say specifically about investing and finances, as well as other principles that could be applied to investing. In fact, there is a detailed report about that study available at my site.
My background: I used to work in the investment management industry, as a buy side Equity Trader, a Research Analyst, then a Senior Research Analyst in the Wealth Management group of a large commercial bank. Later, I worked as a Senior Investment Risk Analyst for an insurance company, as part of a team charged with managing that company's $60 billion portfolio. I had a great career going. Then my personal life got out of control, before I finally decided to surrender everything to a loving savior. He rescued me from myself, and my life is better today than I could have ever imagined it being. You can read more about that on my website.
My investment philosophy: Human beings cannot see the future, so we have to think in terms of probabilities, not certainties. Then we must examine the potential rewards under different scenarios to decide if something is attractively priced. It's easy to forget that we cannot see the future clearly. The more we study a particular topic, the more we can become convinced of a specific outcome. However, neither the future nor the market knows or cares how much study we put into something. We can increase our chances of getting things right. But, if we're wrong, the high probabilities we assigned to a certain scenario won't matter. All that will matter is what actually happened. So, risk management is incredibly important.
I've had lots of formal training and study. I believe the Mr. Market analogy used by Graham and Buffett to be the most important secular material I've ever read in regard to investments. Reading about cognitive biases and other mental errors, and then using that knowledge to guard against those things is also very important. Behavioral finance is probably the most useful area of study produced by scholars.
I am an investor.
I've written in years past about the investment implications of economic events, properly understood from the perspective of Austrian School thinking. Recently, I have revised my ideas somewhat. Today, I refer to the ideas I hold to in economics as "Austrian-Classical", thanks to the spectacular work of economist George Reisman. Dr. Reisman's masterpiece
"Capitalism", which consists of 1,100 pages of luminous explanation and reasoning, revised and improved my understanding in profoundly important ways.
In years past, I published articles for investment publications and newspapers, including an article in The International Advisor in August, 1984 predicting and explaining the basis for the long bull market in bonds; an article in The International Advisor in June, 1985 that explained why a big rally in foreign currencies was imminent; an article in The Market Chronicle of October 26, 1985 that explained why real estate prices across the country were about to decline; the front page article in Personal Finance, October 29, 1986 that explained why a major pause and correction in the bond bull market was about to occur; and an August 1986 editorial in the Orange County Register that explained why tax reform would boost the economy. I also published quite a few other articles recommending a few stocks and gold, based primarily on top down analysis.
My education was also helped enormously by Harry Browne, who never knew me. But I knew Mr. Browne, or imagined I did, having poured over every issue of his newsletter for about 25 years.
Now I hope to resume writing and active investment analysis. I have no blog yet, but I plan to create one soon.
Joseph has been an analyst, investor, and student of economic theory; money and banking; and statistical methods for evaluating and implementing risk/reward trading algorithms since 1972. Joseph is also an occasional contributor to financial publications and his essays are frequently cited by other financial websites and publications.
Since the end of the Great Recession, Joseph came to recognize that traditional methodologies for forecasting economic growth and investment asset pricing are no longer of value, and a broader understanding of the post Glass Steagall, financially engineered world that has driven markets and economies since the turn of the century is required today.
He has a good grasp of Shadow Banking, High Frequency Trading, and Dark Pools, and their impact on today’s markets. He has also spent considerable time understanding the new global paradigm of central bank involvement in experimental policy designed to better control economies.
Joseph doesn’t subscribe to a specific school of theory on economics. Rather, his thinking is based on a combination of the Classical School, the Austrian School, and the Keynesian School. He even sees the writings of Karl Marx as particularly instructive.
Joseph is particularly fond of the following quote from Albert Einstein and sees his own work as driven by that same passionate curiosity that Einstein refers to:
“I have no special talents. I am only passionately curious.”
Coming in a close second in terms of favorite quotes that express his views, Joseph embraces Lord Acton’s views expressed here:
“The danger is not that a particular class is unfit to govern.
Every class is unfit to govern."
Richard Zeits is an Oil & Gas industry analyst and consultant. His background includes fourteen years as Energy industry-focused investment banker, portfolio manager and senior investment analyst with bulge bracket firms in New York. Zeits Energy Analytics use elaborate proprietary analytics and data bases to provide in-depth industry research, market intelligence, and forecasting.
Elliott Morss has spent most of his career teaching and working as an economic consultant to developing countries on issues of trade, finance, and environmental preservation.
Dr. Morss received a B.A. from Williams College in 1960 and a Ph.D. in political economy from The Johns Hopkins University in 1963. He has taught at the University of Michigan, Harvard, Boston University, Brandeis, and most recently at the University of Palermo in Buenos Aires.
For several years, he worked in the Fiscal Affairs Department of the International Monetary Fund. He later helped establish Development Alternatives, Inc. (dai.com), a firm that became the largest contractor to the U.S. foreign assistance program (AID). Since his first IMF assignment in Ghana in 1966, he has worked in 45 countries.
He has been the President of the Asia-Pacific Group, a British Virgin Islands for profit company with investments in Cambodia, China, and Myanmar. With Dr. Zhu Jia-Ming, he established Green China, an American NGO with the mission to increase the dialogue in China on the trade-offs between economic growth and environmental preservation.
Dr. Morss has co-authored six books and published more than 50 articles in professional journals.
He is currently available for consulting assignments.
Mingdong Wu has over 20 years of experience in investment banking, chief financial officer of a Nasdaq 100 company and private equity investment. Majority of his career has been working in the emerging market countries including China and Korea. Over the years, Mr. Wu has worked with many large or small companies, including Fortune 500 clients, both in the area of financing and operation.
Mr. Wu researches and writes on global economic trend, with on-the-ground knowledge of the Chinese economic development. Mr. Wu’s deep understanding of private business operation and his study in macroeconomic applications provide a unique angle to global investing.
Mr. Wu strongly believes that supply demand balance drives the movement of all prices and therefore, the judgment of timing and direction is the determining factor in successful investing. Fundamental analysis, though important at the time of selecting an investment, is only relative and should only be used as margin of safety.
Mr. Wu received his MBA from Columbia University in 1996. Mr. Wu resides in Beijing, China and he is married and has one child.
Ellen Brown is an attorney, president of the Public Banking Institute, and the author of twelve books. Shedeveloped her research skills as an attorney practicing civil litigation in Los Angeles. In "Web of Debt," she turned those skills to an analysis of the Federal Reserve and “the money trust.” She showed how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. In "The Public Bank Solution," her latest book, she explores the public banking model globally and historically as an equitable and efficient solution to our banking woes. Her earlier books focused on the pharmaceutical cartel that gets its power from “the money trust.” They include "Forbidden Medicine," "Nature’s Pharmacy" (co-authored with Dr. Lynne Walker), and "The Key to Ultimate Health" (co-authored with Dr. Richard Hansen). Her websites are www.webofdebt.com, www.publicbanksolution.com and www.ellenbrown.com.
I've got a head full of seemingly useless sociological and cultural trivia, that seems to come in quite handy in the stock market. This allows me (with some help from Heaven) to spend my time playing the life of a bohemian artist, and still keep my family well fed and clothed.
B.A., Honors, summa cum laude. Ph.D. Financial Economics. MENSA. Senior Banking and Financial Law and Regulation Advisor U.S. Congress, retired. Investing on own account since mid-1960s. Published by J. Finance, J. Portfolio Management, Joint Economic Committee, House and Senate Banking Committees, House Energy and Commerce Committee, Library of Congress, US Govt. Printing Office, etc.
Investor, Entrepreneur, Financial Historian, Austrian School Economist, Investment Analyst, and Contrarian. Co-founded the investor education, financial education and consulting company, Wall St for Main St, LLC in 2009. I've taught beginners how to invest and also consulted for high net worth individuals worth 6-8 figures helping teach them how markets are changing. Became interested in the stock market and investing after the 2008 crash. Woke up then started taking back control of my financial freedom. I've read over 100 books on investing, entrepreneurship, etc and also increased my financial education through thousands of articles, thousands of podcasts and over 100 documentaries. Over 10,000 hours of market research. I more than tripled my investing capital while I learned how to invest and I've made 10 times my money on some stocks in my young career. Double major in history and political science from Virginia Tech. Law school and MBA program drop out. Learned investing after college without having to unlearn Keynesian Economics and other bad academic theories that don't work in the real world.
I've also interviewed and argued with hundreds of big name investors like Jim Rogers, Dr. Marc Faber, Rick Rule, Ross Beaty, Doug Casey, Vitaliy Katsenelson, David McAlvany, Todd Harrison, etc on Wall St for Main St podcasts.
I've worked in the past as an IAR/RIA (fancy name for a stock broker) at a very large retail firm and as a full time investment analyst at a well known paid newsletter company for retail investors for my day job.
George Dorgan had been one of the predictors of the financial tsunami of January 15, 2015. This is also visible in many posts in Seeking Alpha between 2012 and 2014. Very often he spoke about the impossibility of the peg and the strong Swiss economy.
He often criticized the - as for CHF - notoriously wrong bank research, in particular in the Seeking Alpha article:
The Swiss Franc, Pseudo-Mathematics and Financial Charlatanism
George lives in Zurich and knows well the Swiss mentality and the mindset of the Swiss National Bank (SNB) that is in line with supply-side and Austrian economics.
George is a heterodox economist and manages a very small private hedge fund on global macro basis following contrarian strategies.
Dorgan is largely an Austrian economist, supply sider and fierce advocat of deflation caused by technologic progress, free trade and the global distribution of labor.
He is against both the Keynesian mainstream and those Austrians that see the hyper-inflationary collapse coming. His ideas are also inspired by Minsky and Richard Koo, but he considers fiscal intervention only when private sector savings rates are rapidly increasing.
For Dorgan, GDP growth is currently not important, but a stabilisation of savings rates. Apart from some countries in Southern Europe, unemployment is extraordinarily low in the world, in particular in emerging and less privileged economies.
For him, the 2008 financial crisis was rather a balance of payments crisis of the United States and thanks to globalisation, only a very short-lived crisis.
Dorgan started up as quant programmer, worked at UBS and Reuters. He speaks nine languages including Russian.
He has a broad knowledge on (economic) history, law, computer science and business. He currrently manages Too Big To Fail projects in big Swiss banks.
His recent publications that were editor's picks in Seeking Alpha:
FX Rates, Contrarian Investment And The Misleading Concept Called GDP http://tinyurl.com/ortw73c
The Dollar, The ISM, Buy American And Irrational Exuberance http://tinyurl.com/o6q7qtg
Other useful contributions are the regularly updated:
What Drives Government Bond Yields? http://tinyurl.com/pnn3urn
The Six Major Fundamental Factors that Determine Gold and Silver Prices http://tinyurl.com/qxahse7
His Google Plus profile https://plus.google.com/u/0/+GeorgeMDorgan
and his Twitter account https://twitter.com/DorganG
I spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, I traded junk bonds for a large bank. I have an MBA from the University of Chicago, with a concentration in accounting and finance. Currently I co-manage a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy.
I'm an asset manager at Hebba Alternative Investments with a focus on real assets. In my articles I like to focus on events that affect the macro environment for assets (especially gold and silver), and also introduce readers to different metrics that I believe are under-utilized when assessing investments.
On a more personal note, I'm a firm believer that there can be honesty, morality, and integrity in finance (though its rare) and i'd like to believe that I stick to those principles. Thus I never "pump and dump" stocks, I always list the securities we own, and I take it very seriously when I recommend a company - I do not want to see any investors/readers lose money because of my recommendations.
I'm not always right with recommendations, but investors and readers can know that I always tell the truth (there is no deception) and I eat my own cooking as recommendations are either always owned OR the reason I dont own them is given (usually related to restrictions on stocks I can buy).
Advising people in financial matters is a serious issue and integrity is much more important than money to me, but I do believe both can co-exist. You live with money, but after your death you only have your morality and integrity and thus i've made my choice between the two. A bit philosophical for a bio, but I dont think there's a better way to give investors my background than that.
We offer investors a free weekly email list detailing gold, silver, and general economic markets which you can sign up for at: http://www.communitysynergy.com/subscribe/hebbainvestments_subscribe.html
Matthew Claassen, CMT is founder and Partner of Claassen Research, LLC, providing exclusive private consulting, market strategy and investment research to institutional investment managers. His work combines proprietary technical indicators with macro-economic and sector analysis to provide unique and actionable market insights. Matthew has actively advised professionals and managed investment portfolios since 1986. His career includes experience as First Vice President and Portfolio Manager at major brokerage firms, publisher and President of The Technical View market newsletter and Senior Vice President of Lowry Research (the oldest technical market advisory in the United States) where he conceived, designed and implemented a sector analysis strategy based on his own success in investment management.
Mr. Claassen has been a popular guest lecturer at several Universities in Virginia and Washington D.C., and a respected public speaker on the subject of technical analysis. In addition, he has published articles in Barron’s Online and in The Technical Analyst, a UK based investment research publication.
Mr. Claassen holds the professional analyst designation of Chartered Market Technician (CMT), is a past Director of the Market Technicians Association (MTA) and a past director of the Market Technicians Association Educational Foundation (MTAEF). He is currently a charter member of the American Association of Professional Technical Analysts (AAPTA).
Invested in R.E.,futures, stks., options, etc. Won some, lost some. Bought LLY&WMT in '85 when they still had stk. splits. Had LLY called away at 65 & WMT at 55, both were over a 20 bagger. Looking for same results on my silver stocks, which I consider the greatest investment opportunity of a lifetime..
I am a chemist by trade and an Austrian Economist by study and love discussing the capital markets and take a qualitative approach to global monetary trends and a technical, quantitative approach to trading. My current focus is on emerging markets of Southeast Asia as well as gold and strategic commodities.
Feel free to find me on:
Gold Stock Trades Editor Jeb Handwerger is a highly sought-after stock analyst syndicated internationally and known throughout the financial industry for his accurate and timely analysis of the equities markets, particularly the metals and mining sector. Subscribe to his FREE Newsletter right now at: http://goldstocktrades.com.
Trader, investor, researcher, writer.
I am also on a mission to promote sound money, sound credit and free market capitalism, and to campaign against an active Federal Reserve, a cartel that should return to a passive Lender of Last Resort.