I am a professor in the physical sciences and have devoted most of my time to research/teaching. I have not received training of any kind in finance/business-related areas. Before I became personally interested in investing, all my money had been invested in mutual funds. One of my largest holdings was Fidelity Low Priced Stock Fund. I became seriously interested in investing in January 2009, not long before that darkest day of the market, March 9, 2009. I bought stocks on that fateful day, including ACAS, SBUX, HOG. These trades have become very profitable. I have sold some of these shares to fund my other purchases. My recent successes included the purchase of NOK shares starting on July 23, 2012, at $1.69. More recently, I have accumulated shares of QCOR starting April 2013 in the high $20's, RMTI starting July 2013 in the range of $5 to $6. I am looking for stocks that are misunderstood with a misplaced price, based on their intrinsic values and future prospects. Because of this, I have patience. I have a bias toward small-to-mid cap companies. I am not a trader. I hold a very concentrated small number of companies (no more than 10). Here are some numbers to support my description. In 2012, I bought stocks no more than 10 times in only three companies, only sold some of my holdings to fund these purchases, and managed to achieve a gain of 86.6% for the year, vastly out-performing SP 500, DOW, and Nasdaq. In 2013, I added some more NOK, and I started new positions in QCOR and RMTI, and my net gain for the year just ended was 77.8%. The numbers quoted above are from my taxable eTrade account only. In the summer of 2014, QCOR was bought out by MNK. In August, each share of QCOR was converted to almost 0.9 share of MNK plus $30 in cash. MNK was trading near $71 on the conversion day. It has since risen significantly. Since I purchased two blocks of shares in RMTI in the summer of 2013, at $5 and then at $6, the stock took a wild ride. I added more shares near the end of 2014 between $8 and $9.