carefully investing but more often investigating; have had 6 decades of remembered losses in both public markets and private placements. Still a board member of a nonprofit and still holding shares in companies seeded long ago but not yet having reached their investor exits. Trying to be thoughtful about investments and enjoying the experience. Becoming less current all the time, likely finding me to be a doddering old fuddy duddy for anyone reading what I post here.
I've been both a social-justice activist and iconoclast for most of my adult life. Since 2012, I've been a proud MLM-described "(illusory) dream stealer" and "loser", as well as a card-carrying fraud "hater". I'm nothing less and claim nothing more.
My current focus is on the consumer abuses endemic in MLM. I'm also an uncompensated member of the entirely self-funded International Coalition of Consumer Advocates (ICCA) and its steering committee.
I earned a BSBA at The University of Colorado in 1983, where I also studied philosophy and logic. I consider having no more advanced or current credentials a handicap. Nonetheless the formal education I do have gives me a foundation for my business analyses. I spent eight-and-a-half years observing four MLMs up close through family members. I also served in administrative support capacities for one of them. While I regret that history, it afforded me insight and understanding that is useful in my MLM analyses. I'm also retired after a twenty-five year EMT/paramedic career and a nine-year overlapping career in EMS education.
My only connection to investment markets is passive, through my pension fund. I'm here because SA's Herbalife-related articles and fora have essentially become central to the ongoing public debate vis-à-vis MLM.
Our mission is to expose and eradicate fraud, particularly pyramid/Ponzi schemes. During the decade since we became a non-profit organization, knowledge of our organization has spread far and wide. With information that flows into our organization we are now able to prevent pyramid/Ponzi schemes sometimes before they "launch."
Check us out..... Help prevent fraud.
These schemes are ravishing churches, universities, colleges and now even high schools ensnaring unwitting students... It is unconscionable: It is abhorrent: It is illegal!!!
Vemma MLM fraud, shut down as a pyramid scheme in Italy, their cheerleader TV’s Doctor Oz, was found on school property in Ontario, Canada targeting and recruiting students as young as 14 years of age brainwashing them into the pitch of “unlimited income,” expensive cars etc.
Our Canadian and U.S. authorities sit back doing little or nothing: In Canada for certain and perhaps as well in the U.S., authorities harass, intimidate, threaten, assault and persecute victims and whistle-blowers.
Government personnel, law enforcement, some school board officials, teachers, church ministers, even prosecutors are the very perpetrators of these fraudulent schemes. It is truly abhorrent!!!
David John Thornton
professional investor who has made millions for himself and his clients through strategic investing.
A trained accountant, he graduated from John Carroll University in Ohio and spent a decade teaching. A lifelong entrepreneur as well, Spetrino set out to understand and codify a simple dividend investing strategy for amassing a retirement nest egg, an idea that eventually led to the creation of The Dividend Machine newsletter for Newsmax in 2009.
picking the kinds of dividend stocks Warren Buffett or the late Sir John Templeton would recommend — long-term cash generators that also can offer handsome appreciation potential.
Tales From The Future (tftf). I picked my nickname because many advisors and investors claim they can predict the future of the (stock) markets and somehow pick the winners. I don't. I usually do not engage in short-term trading and myopic analysis (quarter by quarter, without looking at the big picture). I like to work with long-term scenarios with a focus on possible disruptions in the technology and energy sectors. I look into value and contrarian ideas as well as emerging technologies and growth stocks worldwide, both on the long and short side. I also like to discuss the influence of monetary policy on global stock markets. I am fiercely independent in my investment research and therefore use the image of a lone Ninja. This influenced my investment principles for the past 20+ years: Pick your targets with patience. Do your OWN diligence. Never follow the herd blindly: 'Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.' General Sector Focus: Technology/Internet, Value, Disruptors, Energy/Alt Energy, Entertainment Stocks and Monetary Policy/Geopolitics. Geographical Focus: USA, Western Europe, Japan. Sector 'Halo' Focus Stocks: AAPL, TSLA... PS: Not a native English speaker. I apologize in advance for any typos and grammatical errors.
Former Electrical Engineer for the Bell system. Just looking to maximize my retirement income by selecting under valued stocks that are likely to realize large upward movement in a short period of time.