“When you are inspired by some great purpose, some extraordinary project, all your thoughts break their bonds: Your mind transcends limitations, your consciousness expands in every direction, and you find yourself in a new, great and wonderful world. Dormant forces, faculties and talents become alive, and you discover yourself to be a greater person by far than you ever dreamed yourself to be.” (Author - Patanjali)
“Tentative efforts lead to tentative outcomes. Therefore, give yourself fully to your endeavors. Decide to construct your character through excellent actions and determine to pay the price of a worthy goal. The trials you encounter will introduce you to your strengths. Remain steadfast...and one day you will build something that endures: something worthy of your potential.” (Author - Epictetus)
"Hope sees the invisible, feels the intangible, and achieves the impossible." (Author - Unknown)
"When I stand before God at the end of my life, I would hope that I would not have a single bit of talent left, and could say, 'I used everything you gave me." (Author - Erma Bombeck)
I am a 33 yr old San Diego-based, private investor always looking for new investments. I like boring companies no one cares about and I just wait for the price to make sense. All of my most successful investments have been the easiest. I read about 6-8 hours a day, mostly investor relations websites and news. I use no financial modeling other than looking at financial statements and crunching a bunch of numbers in my head. I pride myself on efficiency, so I have taught myself to analyze businesses extremely quickly with just a few simple questions. I find merger arbitrage to be a great way to generate additional returns when I carry excess cash. I am a scratch golfer who gets into plus handicap territory if I play a few times a week. I enjoy beaches, vacations and skiing. Life is pretty good.
I am a professional who spends their day looking at securities, swaps, legislation and legal implications on the same. I look for value where it is otherwise not found. EQUITY, DEBT, CDS, ISDAFIX (IR SWAPS) FX. and a major advocate of good corporate governance = better valuations.
My goal is to hit $37,450 in dividends and retire at age 35. Financial independence is complete freedom.
(While not at my goaI I am close enough. I just quit my job and retired this year at age 35 with this portfolio. Currently it generates about $30K a year in income from dividends and should grow dividends in the 8-10% range yearly. I am moving to the Philippines. Good luck to everyone on SA.)
I use multiple strategies to invest:
Strategy 1: Wonderful Businesses (with Huge Cash Flows)
Strategy 2: Capital Intensive - Quality - Cyclical - Below Book Value
Strategy 3: Purely Compounders (http://www.dailywealth.com/194/how-to-join-a-compound-interest-club)
Portfolio: Strategy 1
A man with no options suddenly has all the options in the world:
SHORT 3 VIAB FEB 19 2016 PUTS @ $32.5
Short 6 VIAB JAN 22 2016 PUTS $38.5 (EXPIRED WORTHLESS)
Short 30 JNJ JAN 2016 PUTS @ $75 (EXPIRED WORTHLESS)
Short 10 UVV AUG 21 2015 PUTS @ $40 (EXPIRED WORTHLESS)
Short 10 PM AUG 21 2015 PUTS @ $75 (EXPIRED WORTHLESS)
Short 1 HSY AUG 21 2015 CALL @ $95 (EXPIRED WORTHLESS)
Short 40 PM DEC 18 2015 PUTS @ $72.5 (EXPIRED WORTHLESS)
Short 10 PM SEP 18 2015 PUTS @ $75 (EXPIRED WORTHLESS)
Short 1 HSY SEP 18 2015 CALL @ $90 (EXERCISED)
Short 9 WDR MAY 20 2016 PUTS @ 20
Short 5 VIAB SEP 16 2016 PUTS @ 32.5
Portfolio Performance (Time Weighted Rate of Return)
18.14% Annualized Return
VS S&P 500
15.82% Annualized Return
“It’s obvious that if a company generates high returns on capital and reinvests at high returns, it will do well. But this wouldn’t sell books, so there’s a lot of twaddle and fuzzy concepts that have been introduced that don’t add much.” -Charlie Munger
People are always asking me where is the outlook good, but that’s the wrong question…. The right question is: Where is the outlook the most miserable?” -John Templeton
Favorite investing books/letters: Outsiders, 100 Baggers, Any Book Written by Joel Greenblatt, Stocks for the Long Run, The Intelligent Investor, Berkshire Hathaway shareholder letters.
I am a Robotics Applications Technician mainly in the aerospace and also automotive automation industries. Outside of work I am a drummer with no current band, father, hockey lover, with interests that range all over the place. Go Red Wings and Go Blue
Investment professional and CFA charterholder. I write on Seeking Alpha as a personal hobby and to elicit feedback on specific ideas and topics, help organize my thinking, and connect with intelligent people.
The breakfast cereal industry has gross profit margins of 40-45%, 90% penetration in some markets, and steady and continued growth throughout its history.
In 2008, the total breakfast cereal sales were slightly over $13.3 billion in the U.S. alone.
The Sova Group is a private investment fund managed by Matt Brice. As principal of The Sova Group, Matt Brice has been managing investments since 2009. Prior to founding The Sova Group, from 2007 until 2009 he worked as an associate attorney in the Mergers and Acquisitions group of Debevoise & Plimpton LLP, an international law firm based in New York City. Mr. Brice holds a B.A. in Philosophy from Brigham Young University and received his law degree from Columbia Law School.
Part time trader, Basically long term investor, but here and there make some short term trades, (I'm still young, could digest some risk).
Former New Yorker, Love the state of Georgia!
I'm a retired restaurant owner, real estate tax lien investor, and small software developer. Spent 10 years as Cost Analyst and Administrator for IT Dept of US Corp HQ of Inchcape Shipping and 2 years as a Senior Data Processor in the US SE Region for Lucent Technologies. I've been investing in stocks since mid-2009 and am the developer of the Moving Average Fluctuation Indication Algorithm (MAFIA) which is an indicator used to give 2-5 day notice of most probable MACD crosses. My trading strategies incorporate both technical and fundamental analysis. My stock positions are always long.