I manage a $1B+ portfolio for a family office. Our investments include bonds, equities, hedge funds, and private investments with a wide geographical and asset class dispersion. I have a J.D. degree from Yale Law School and practiced for 30 years as a trial lawyer in commercial cases.
That fellow in my icon is, of course, Galileo Galilei. Eppur si muove.
(And about even that one should be skeptical.)
-Public Company Accounting Oversight Board: Director of Research and Analysis
-American International Group Financial Services: Vice President of Accounting Policy
-Fitch Ratings: Senior Director-Credit Policy
-United States Securities and Exchange Commission: Assistant Chief Accountant
Examples of Relevant Experience
-Led technical accounting and valuation for the purchase of a $1 billion government contractor by a private equity firm.
-Led technical accounting and ICFR development for a $1.3 billion carve-out and IPO of the North American and UK operations of a DAX 30 industrial company.
-Led the integration of a $500 million acquisition by a publicly traded healthcare company.
-Advised numerous clients through the SEC pre-clearance process.
-Led the development of the accounting research and policy function for a global credit rating agency with over 600 analysts rating over 3000 entities.
-Developed investigative strategy and supervised forensic analysis of detailed accounting and auditing records in support of recommendations to the U.S. Securities and Exchange Commission.
-Master of Business Administration in Accounting – University of Colorado
-Bachelor of Arts in History – University of Colorado
-Certified Public Accountant
-Adjunct Professor of Accountancy – The George Washington University
Financial markets have fascinated me since childhood. I strive to combine my education in biology, math and history with common sense to find winning trades.
To identify good investments and the right time to enter/exit them, I draw on all financial disciplines that could be helpful. The following is a non-exhaustive list that inform my decisions: Finances of a company, market condition, who owns it, what insiders are doing, analysis of trading behavior, option positions, short interest, public perception, social media, retail involvement, deep valuation of assets and patents, debts and obligations etc.
Btw, my screen name refers to the popular MODIS satellite package in polar orbit around earth. It's mission is to daily photograph the entire planet in several optical bands. This data that is then made available to researchers like biologists, which is how I know about it. It is my inspiration to try see things as they really are.
MODIS also reminds me of my favorite quote from Mr. Buffett: "It's easier to make up a lost opportunity, than to recover from a loss." The instrument moves on, seeing new things; it doesn't get stuck. Capital is a precious resource, so every trade deserves to be as perfect as you can make it.
I am publishing Instablogs focusing only on six general topics.
1. Regional Banks Basket Strategy
2. Equity REIT Basket Strategy
3. Healthcare Basket Strategy
4. CEF Portfolio Basket Strategy
5. Bonds and Equity Preferred Stock Basket Strategy
6. Portfolio positioning and management
I am not receiving compensation from SA or anyone else for my Instablogs and articles published at SeekingAlpha. I have never received any compensation for the posts published at my blog website. I am simply passing on what I have learned as an investor over 4+ decades free of charge.
In all of my 2000+ posts since early October 2008, the primary purpose was to provide a framework for rational and fact based investment decision making that will hopefully reduce the number of errors made.
My most basic investment strategy is to focus on income generating securities and then to invest the cash flow into more of the same, creating a compounding impact over a long period of time. I will invest in securities throughout the capital structure on a worldwide basis.
I am now and have always been a cautious total return investor (income + capital appreciation).
A focus on income generation simply means that income generation through interest or dividend payments is an important part of my total return objective.
I am no longer in an asset accumulation mode. Capital preservation is more important than capital appreciation.
Income generation is only one aspect of an objective evaluation of potential rewards balanced against potential risks.
After several decades of "turtle" investing, which sometimes requires me to pull my head back into the shell and to cease foraging in stock land (e.g. 1999), I am now admittedly absurdly diversified due largely to one of my risk management techniques that limits my monetary exposure to the securities of a single company.
My monetary exposure is largely dictated by a balancing of potential risks and rewards taking into consideration income generation and potential for capital appreciation.
As a risk control trading technique and in furtherance of my capital preservation emphasis, I will frequently use the natural volatility of a security to gradually build up a position, selling the highest cost shares on price spikes and buying back those shares when the purchase is lower than my average cost per share usually by more than 5%. The general idea is to lower my average cost per share over time with tax efficient share dispositions, thereby increasing my dividend yield for the remaining shares.
I have also been a practitioner of dynamic or tactical asset allocation that will be driven by my big picture views, including my Vix Asset Allocation Model, as well as my opinions about the relative risks and opportunities of various asset classes.
I was born in 1951, and started to invest in stocks when I was 16. I am not a financial advisor, but simply an individual investor who has been managing my own money for my adult life starting when I was a teenager. All of my brokerage accounts are cash accounts. I have never bought stock on margin. I have not added money to any of these accounts since 1984 and have used those accounts to fund my annual IRA contributions.
I started my web site, Stocks & Politics, in October 2008 to do whatever I can to help individuals become better investors, which requires a lot of hard work and effort. After over 2000+ blogs, mostly long ones, I came to a realization that my time consuming and laborious efforts have been mostly futile and have been rewarded at best with faint praise. I will no longer be posting there.
I would still emphasize that it is important for individuals to become as knowledgeable as possible before making any decision, with every individual taking full responsibility for their investment decisions and to prepare accordingly, which is what I try to do.
The Twitter Generation will need IMO far greater investment skills than previous generations given what I now perceived about future U.S. economic conditions.
I am a former sell-side analyst -- UBS 1996-2002, Needham 2002-2006 and ThinkEquity 2006-2008. These days I review automobiles and other technology products, as well as analyze the automotive and technology industries, and coming up with long/short ideas. I also continue to write (less frequently) on macroeconomics and politics.
Full time Investor / Trader, 17 years.
Specialist in risk management, with intermediate trade focus, US stocks, international ETFs and commodities.
Believe in correlation of markets, must understand all markets to trade one well.
Self taught through continuous study of myself and other investors.
Extensive experience with short selling, futures and options.
Developing interest in international markets based on poltical change and policies.
Follow and read fundamentals but invest by listening to technical's.
Follow me on Twitter @Cessnadriver50
Brandon is a junior in the Gabelli School of Business at Fordham University. He is currently in investment banking (M&A). He actively invests on his own personal time, utilizing contrarian strategies.
Brandon is originally from Los Angeles, California where he studied at Loyola High School.
If you need to get in contact with him, feel free to e-mail him at firstname.lastname@example.org - Thank you for your time.
Quote: "It is well enough that people of our American nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Disclaimer: My articles and comments do not contain investment recommendations or personal investment advice to any specific person for any particular purpose. Any article or comment is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action. Do your own research or obtain suitable personal advice. You are responsible for your own investment decisions. Any information I publish is not a recommendation or solicitation to buy or sell securities, nor am I a registered investment advisor. Investing carries risk of loss and is not suitable for all individuals.
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I'm an English language teacher in Spain who happened to discover a few nasty things about Tesla Motors. I'm paid by no one other than my students and my financial position won't be affected at all by swings in Tesla's stock price - or in any other stock.
I like to annoy people with my unsolicited opinions on a range of matters. Apparently a considerable number of folks like what I write.
David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.
At the podium, Stockman’s expertise and experience cannot be matched, and he has a reputation for zesty financial straight talk. Defying right- and left-wing boxes, his latest book catalogues both the corrupters and defenders of sound money, fiscal rectitude, and free markets. Stockman discusses the forces that have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America’s financial system to morph into an unstable, bubble-prone gambling arena that undermines capitalist prosperity and showers speculators with vast windfall gains.
Stockman’s career in Washington began in 1970, when he served as a special assistant to U.S. Representative, John Anderson of Illinois. From 1972 to 1975, he was executive director of the U.S. House of Representatives Republican Conference. Stockman was elected as a Michigan Congressman in 1976 and held the position until his resignation in January 1981.
He then became Director of the Office of Management and Budget under President Ronald Reagan, serving from 1981 until August 1985. Stockman was the youngest cabinet member in the 20th century. Although only in his early 30s, Stockman became well known to the public during this time concerning the role of the federal government in American society.
After resigning from his position as Director of the OMB, Stockman wrote a best-selling book, The Triumph of Politics: Why the Reagan Revolution Failed (1986). The book was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to the failure of the Reagan Revolution. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startlingly relevant to the conduct of Washington politics today.
After leaving government, Stockman joined Wall Street investment bank Salomon Bros. He later became one of the original partners at New York-based private equity firm, The Blackstone Group. Stockman left Blackstone in 1999 to start his own private equity fund based in Greenwich, Connecticut.
In his newest New York Times best-seller, The Great Deformation: The Corruption of Capitalism in America (2013), Stockman lays out how the U.S. has devolved from a free market economy into one fatally deformed by Washington’s endless fiscal largesse, K-street lobbies and Fed sponsored bailouts and printing press money.
Stockman was born in Ft. Hood, Texas. He received his B.A. from Michigan State University and pursued graduate studies at Harvard Divinity School.
He lives in Greenwich, Connecticut, with his wife Jennifer Blei Stockman. They have two daughters, Rachel and Victoria.
Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for its investors and then Mr. DeMuth writes about them on StW.
Charles (Chuck) C. Carnevale is the creator of F.A.S.T. Graphs™. Chuck is also co-founder of an investment management firm. He has been working in the securities industry since 1970: he has been a partner with a private NYSE member firm, the President of a NASD firm, Vice President and Regional Marketing Director for a major AMEX listed company, and an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming his own investment firm, he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.
I am an individual investor in retirement, mostly looking for ways to beat inflation with moderate risk. However, I also have a passion for entrepreneurship and the environment, and keep some money invested in higher risk companies that have a chance of building the future.
Arthur Porcari is a retired former regional stock brokerage firm President with 40 years stock market experience. His finance background includes, three years a stockbroker and two an investment banker with Merrill Lynch, ten years a Regional brokerage firm President, and OTC Market Maker and Analyst, twenty three years an Investment Banker to include 15 years as Managing Consultant to Corporate Strategies, Inc. a firm specializing in advising young public companies and companies about to go public on the “Ways of Wall Street”. He currently is a Contributing Author and blogger on Seeking Alpha under his own name and has in the past been an on-air guest as well has a guest host on the old Financial News News Network TV channel and more recently on Business Talk Radio Network His passion and particular expertise is for small cap emerging growth companies.
“Full Disclosure under Seeking Alpha author rules: 25 years ago in 1988, after I sold my brokerage firm and left the Industry, my FINRA license was revoked for non-payment of a fine assessed a year later in 1989. The fine was the result of a minor record keeping violation that was levied on my brokerage firm and as President, I was held responsible but was only required to pay it if I elected to go back in the brokerage business.“
Richard Zeits is an Oil & Gas industry analyst and consultant. His background includes fourteen years as Energy industry-focused investment banker, portfolio manager and senior investment analyst with bulge bracket firms in New York. Zeits Energy Analytics use elaborate proprietary analytics and data bases to provide in-depth industry research, market intelligence, and forecasting.
Ken Sanders is licensed architect and applies what he's learned during a 30-year career in design, technology and finance to his personal investing strategies, which primarily focus on identifying mis-priced assets and include deep research into the leadership, products, customers and competition of each company. In general, Ken tries to look where the crowd is not.
Ken and his wife Regina live in San Francisco, California. He is also the author of the book 'The Digital Architect'.
Jeff is the President of NewArc Investments Inc., manager of both individual and institutional investments. Jeff is a registered investment advisor, and portfolio manager for NewArc's investment programs.
Jeff is a former college professor with a hands-on, real world attitude. His quantitative modeling helped inform state and local officials in Wisconsin for more than a decade. A Public Policy analyst, he taught advanced research methods at the University of Wisconsin, and analyzed many issues related to state tax policy.
Jeff began in the financial business as Research Director for trading firm at the Chicago Board Options Exchange. He investigated anomalies in the standard option pricing models, taught classes for beginning options traders, and developed new forecasting techniques. In 1991 he established a general research consultancy, working with professional traders at all of the Chicago financial exchanges. In 1998 he started NewArc Investments, Inc.
Jeff has a commitment to the specific needs of individual investors. It is not a one-size-fits all approach, but one that emphasizes the unique circumstances of each client.
Jeff also serves on the board of two small technology companies (currently Chairman at one). He is occasionally as an expert witness in legal cases involving financial markets and hedging.
Born June 27th 1935 in Vienna, Austria. The youngest singer in my family which sang with the von Trapp singers, of which the film Sound of Music was based. Maria (played by Julie Andrew) was actually my nanny before she married Capt von Trapp (played by Christopher Plumber) who was not in the navy of Austria since Austria, being a land locked country, had no navy.
The little boy "Kurt" in the film was actually me. My mom never sued Twentieth Century Fox for using our story without receiving payment. (the von Trapps never went over the Alps to Switzerland.. that was my family and me...the captain and his singing family went to Italy and from there came to America via London)
When arriving in USA we moved to Arlington VT. where my neighbor was Norman Rockwell. My mom disallowed me from sitting for him despite frequent invitations to do so. Second immortality lost. :-)
Graduated with honors(Wall Street Journal award) from Lafayette College in 1957. After attending med school became ER physician in Conn. hospital, on the night shift. Had a seat on the NYSE at the same time and commuted from the hospital to Wall Street daily. After a few years of this, left medicine to stay with the NYSE Stock exchange.
Was also partner with Leon Cooperman in a NYSE member firm in late sixties. Carl Ichan and other notables of Wall Street are on best friends list..
Traded money for many well known names on the street such as Peter Kellogg of Spear Leeds and Kellogg, etc.
Am only surviving founder of the CBOE opened In early 70's. Names of "stripp, strapp, iron condor, condor, straddle, strangle" were all names that were thought up and first used by me. Traded options long before the CBOE was founded.
Traded on the CBOE under acronym PPP (known as Peter Paul) till 1988.
Started a Classic Jaguar restoration company in 1988 till 2011.
Went back to trading my own account, off floor in 2008.
60 years trading experience. Have been an avid technician the entire 60 years. We use fundamentals, PE ratios, overall market conditions, Fibonacci retracements, Elliott Wave theory, my own mathematical formulas as well as my own technical chart work (5 minute, daily, weekly as well as yearly) charts in analyzing and preparing recommendations to buy sell or hold.
ALL OUR ARTICLES are and will contain material discussion on timing and will be geared for the short term trader as well as the long term investor. I am on my computers, monitoring live charts and financial news on a minute to minute basis every trading day, from pre-market trading opening to after-market trades and the final closing.
Unlike Seeking Alpha articles from other contributors, all our articles will be prepared for maximum gain and minimum loss by supplying sell and buy stop recommendations along with the original recommendation. These will be updated as necessary over future time intervals. All will be published and added to all our recommendations on an "as needed" basis as often as market forces cause the need for such alterations. The use of option strategies as adjuncts or substitutions for stock will also be used and discussed as well as updated as necessary, so the investor taking our advise will never be out there "on his own" after acting on our initial recommendation from Doc's Trading"..
Readers may contact me directly at: email@example.com or (cell)928 951 4779