Founder and CEO of two companies. One in manufacturing and the other in software and systems. Both grew to over 100 million in sales and were acquired by NYSE listed firms. Currently I am CEO of Ewing Capital Management LLC primarily investing in publicly traded companies and commodities, using both fundamental and technical analysis.
We at SinoValues unabashedly believe that Asian markets for decades to come shall be a place of great wealth generation for those willing to participate.
We primarily invest in American listed Chinese securities. While we dedicate part of our portfolio to swing trading, our long-term growth consists of small & mid cap, emerging stocks- mainly Chinese mining, retail, and internet.
Companies that have potential for double-digit growth, dividend payments, and a discount to intrinsic value are the long-term focus.
We mainly use technical and fundamental analysis for our short term trades.
When we are not looking for the next best Chinese growth story, life is enjoyed through traveling, golf, board games, antiquing, and enjoying time with friends.
Friedrich is the name given to our algorithm for analyzing companies that trade on the global stock markets. In creating Friedrich we concentrated on analyzing each company’s Main Street operations through various established ratios, along with our own unique ratios that we developed over the last 30 years. What we came up with is a final "Main Street" price per share based on Generally Accepted Accounting Principles (GAAP), which is a framework of accounting standards, rules and procedures defined by the professional accounting industry, which has been adopted by nearly all publicly traded U.S. companies. We feel that our Main Street price result is what each company would need to trade at in order to be attractive to a businessperson on Main Street looking to buy at a bargain.
Since the only constant in the universe is change, the results for each company fluctuate by varying degrees. No company is an island unto itself, but each operates in a world of constant change and at times in areas where Chaos is the norm. By analyzing a company’s Main Street operations over time, Friedrich is able to give the potential investor a decade long analysis (opinion) as well as offering a Trailing Twelve Month (TTM) analysis (opinion), as well. Thus our readers will not only get as close to a real time view of operations on Main Street as is possible, but then can measure the consistency of the company’s operations over time to determine if s/he should invest or not.
Through our Friedrich algorithm we can analyze ten years of Balance Sheet, Income Statement and Cash Flow Statement data for each company all at once and generate one final result in seconds. Friedrich was designed to be ultra-conservative and thus will cut zero slack to any company under analysis and will do so with zero emotion. Companies must be exceptional in order to get an attractive Main Street valuation and the ideal investments according to our backtesting are the ones that have been consistent over time.
By being so ultra conservative Friedrich is designed to identify bargains that Wall Street investors may have overlooked. Companies shares may trade on the stock market but the companies themselves operate on Main Street, so Friedrich is designed to generate a Main Street price per share first and only then does he go to Wall Street and see the price for which Benjamin Graham’s “Mr. Market” is offering the shares.