Former Navy and retired airline Pilot, live in San Diego, investing since 1963. I like hard assets, solid companies, and income producing stocks. Have a habit of risk taking I'm too old for, but old habits are hard to break. In the long term, American stocks will give the best returns, and trends always reverse. The first shall be last and the last first..The "herd" follows the leader, who is a computer program these days. Buy value when the market hates 'em. Aim, Ready, Fire!
Harrison Hodges McDonald, PE: I graduated from the University of Florida, BME, College of Engineering in 1961 and became a Texas Licensed Professional Engineer in 1967. I have practiced my profession employed by Procter & Gamble and Celanese Corporation as a Senior Engineer and Project Manager. After 1972 as CEO Bay Area Construction & in 1975 as CEO Food Systems Corporation. Proficient at thinking "out of the box" I enjoy solving problems and have been granted US patents. I starting in 1985 as a serious breeder and exhibitor of Peruvian Paso Horses. ( Caballo Peruano de Paso ) When horses of my breeding reached the age to began competition many were show winners. By 2004, horses bearing my MCD prefix, had won for me the US title "National High Point Breeder" for the 10th time. With the realization that "All glory is fleeting" I decided this was time to retire from horse show competition.
While with P&G at their engineering division for several years, I probably earned the equivalent of a Master of Investment Analysis. P&G had more good projects than capital to fund them and required rigorous study and analysis to rank and select the best ones. Net Present Value was a key determinant. Cost Benefit Analysis and my education with P&G have been the cornerstone of my success in subsequent personal investments.
From 1973 to 2011 I managed my investments in construction, real estate, ranching and food service. Presently my time is principally used developing my portfolio of publicly traded securities focused on high dividend energy companies while enjoying the wonderful Florida climate. I am a licensed multi-engine certified pilot since1984 and for many years piloted my own Twin Commander 500B, N160X.
My favorite quotes:
"Winning's not the the most important thing, it's the only thing"-----Vince Lombardy
"Chance favors the prepared mind" ------- Louis Pasteur]
"It is double pleasure to deceive the deceiver."--- Niccolo Machiavelli
"Blindly following rules: the ordinary persons excuse for not using common sense" ---H McD