David Steadson is a serial internet entrepreneur, having successfully launched, developed, and sold internet companies on three continents. Originally trained in Psychology and Computer Science, David Steadson worked for several years as a statistician, researcher and later network administrator at the University of Queensland before launching one of Australia's early Internet Service Providers. He founded the Queensland NT Users Group and was a guest panelist at the SoftBank Internet Forums in Tokyo in 1996. He has co-authored several peer-reviewed academic articles.
Since 2004 he has been actively researching, writing, and blogging about home-based businesses, particularly those that use a multi-level marketing approach. In 2008 he was invited to be a guest panelist at the Alticor Global Communications Conference, discussing issues regarding blogging and corporate reputation. In 2013 he founded The Centre for Home Based Business Research to independently collate, evaluate and conduct research in this fast growing area.
Now living in the Swedish countryside, he has been working from his home office since 1998, or anywhere he happens to be with an internet connection!
Craig is value oriented equity investor focused on long term and short term ideas. Mr. Beresin graduated from the Wharton School of the University of Pennsylvania in 1990 with a Bachelor Degree in Economics and from Duke’s Fuqua School of Business in 1999 with an MBA. Craig is active with a variety of local and global non-profits. Craig is married with one daughter and the family resides in New York City.
I am a Level III candidate in the CFA program. I have passed the Level I exam in June 2014 and the Level II exam in June 2015.
Outside of my interest in investing and stock analysis (which I currently do in my free time,) I am an IT project manager for a large multi-national firm. With my background in technology I have particular interest and stronger circle of competence in tech stocks, although I venture from this domain to certain other industries as well where I feel the businesses are simple and understandable or where I have particular first hand knowledge.
I consider myself a value investing enthusiast, following a bottom up fundamental analysis style approach. My value investing approach is quite simple - I look to "figure out the value of something, and pay a lot less".
I do not consider Growth and Value stocks as mutually exclusive, and in fact my favorite investments are:
small cap companies with good long term growth prospects,
strong business fundamentals
low financial leverage,
trading at an attractive valuation, and with some sort of short term difficulties that have caused the market perception to be negative in the short term.
To value companies I use a variety of techniques, sometimes heavily favoring traditional value metrics like P/B, and also I like good business (ROIC, ROE) trading at attractive multiples against EBITDA. I do discounted cash flow analysis where appropriate, and in some cases favor heavily on comparative valuation.