I am not a professional investor (although I would like to be), but I investing my own money as a hobby, as I find it extremely interesting and absorbing, as financial markets often reflect both the strengths and weaknesses of human intelligence and human nature. The psychological aspect is endlessly fascinating to me.
I am particularly interested in ideas that would not interest a big institutional investor or a fund with assets under management of hundreds of millions or billions, simply because the amounts of money are much too small for them to waste their time on them. I have a theory that such situations are more likely to be mispriced because of that, and I am hoping that Seeking Alpha will prove that theory correct. :-)
I am also a big reader of books, especially about finance and economics, but also about many other subjects as well, from history to biography to philosophy. I have a PhD in public policy, and I would welcome any suggestions of books/ newspaper articles/ blogs etc. to read.
Private Trader or "PT" (a pseudonym) is a contributor to Seeking Alpha who, at this time, values privacy as much as money therefore only Seeking Alpha editors have contact information for PT.
PT's first investment in the market was airline company "People's Express". Although the stock initially went up, ultimately the company was taken over by Frank Lorenzo (ie - Texas Air Corporation and Continental) and it's value plummeted. However, PT's interest in stocks grew. Even math seemed interesting when money was on the table. PT enjoys reading stock newsletters and Seeking Alpha in search of potential bargains.
PT enjoys trading, family, and friends (not always necessarily in that order!).
PT recommends readers review all author's past posts (including PT's) for their win / loss record. Also, especially when PT discusses stocks trading around $1, readers can check http://www.pumpsanddumps.com/ to see whether the stock is subject to any pump or dump scams. PT is not employed, paid, or in any way compensated by any of the stocks PT might discuss on SA except as an investor (and possibly as an SA contributor).
PT reminds everyone that these are not recommendations to buy, hold, or sell, and that your own due diligence is required.