i'm a registered nurse, ex CPA, entrepreneur, small time investor i made a small fortune in the computer business in the clinton era and lost it trying to open a chain of restaurants. so i've been both up and down... and i have no desire to repeat the down. at this time in my life, i'm fairly risk averse - with the exception of some agressive investing. i have no debts. the house, car, boat, etc.. is all paid for. i am starting a video production business to produce test prep software with integrated video. i've got a small fortune invested in this, and i'm still building the studio. fortunately, it is all paid for, so i am fairly bullet proof and i've priced failure in my equation, so with this business - i can fail until i succeed. this is what the hard lessons in life have taught me. if your business plan tolerates no failure, you darn well better be 100 % on top of the market and your game. if it does tolerate failure, you have the opportunity to learn and improvise. and so it is with investing :).
David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior.
David is a Certified Public Accountant and previously worked as an auditor at a Big 4 accounting firm, SEC Reporting Analyst and financial systems administrator at a small private company.
Find the Sims On Finance Investing Podcast on iTunes, Tune In Radio, and Player FM radio.
Providing insight and education to investors on the unique business of AVT, Inc. Manufactures of high tech automated retail machines that can dispense a wide variety of products from snacks, drinks, pharmaceuticals, gold coins, electronics, carpet cleaning machines, propane tanks, etc. We continue to develop innovative systems that provide operators with efficient methods to increase revenues, reduce shrinkage, and be remotely managed wirelessly.