I am a private investor with a value orientation. By that, I mean I like to buy great companies at prices lower than their intrinsic values. Great companies are ones that produce consistent positive cash flows and will continue to do that for the foreseeable future due to things like strong brands, sustainable competitive advantages, long-term customer contracts, etc. Low prices means things like low price to book (below 1x) or low price to cash flow (below 6x). Sometimes I will pay a bit more for a great company or sometimes I will buy a mediocre company if it is trading very cheap. I like dividend-paying stocks but it's not a show-stopper if they don't pay a dividend.
I am a big fan of some of the great value investors of all time such as Warren Buffett, Prem Watsa, John Templeton, Peter Cundill, Charles Brandes, Francis Chou, etc. I allocate a significant portion of my portfolio to these guys as I am not arrogant enough to believe that I can outperform them on my own. However, I do manage 20 - 30% of my portfolio on my own through individual stock picking.
I have an undergraduate degree in Mathematics and a masters degree in Finance. I read a lot about investing and would consider it one of my main passions. I also like sports and travelling. I own a billboard advertising company that I started in 2003, which is my main source of income.
I seek out value or mispriced stocks with a catalyst and special situations. I’m also a top down macro market trader. I invest for the long term and the short term. I use common stocks, options and ETFs. I use fundamental and technical analysis. I’ve been trading since 1993.
I have worked in financial services for the past 15+ years, I have been investing for a little longer than that. My investment philosophy can be boiled down to a single sentence my old boss (who got me interested in finance) told me.
David the 1st trick to making money in the market and most anywhere else in life is to know what you don't know.
The 2nd is to know if you are smart enough to recognize someone who does have the knowledge you lack..
The 3rd and most important is to only pull the trigger once the blind spots are gone.
Corporate professional and small business owner with degrees in Economics and Finance. I am comfortable managing my own portfolio. Long/Short, Covered Calls, Income & Equity Investing. Try to follow business cycles, anticipate and move cyclically before everyone else. Not always that good at it, but my returns are usually at or better the index/market, despite a below index/market beta. Use an advisor/manager as well, in a collaborative style.
Exec for nearly 20 yrs in Silicon Valley. Started in semis, then moved to software and mobile devices. Seek companies greatly undervalued and misunderstood by the market, but whose business I understand well. Usually long plus some options to pass the time.
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