Old retired coot that's been around a long time. US Army vet, General motors Institute, Grand Valley State math major, finance minor; full line insurance agent, licensed real estate sales, 34 years home improvement contractor...wife says too much time on my hands since retiring, so have started blog: Fred Beyers on the World at google search fredbeyers.wordpress.com
Markos N. Kaminis generated a 23% average annual return on "Strong Buy" stock selections over 5 years and ranked 2nd among a group of 60 analysts in-house as a Senior Equity Analyst over a seven-year period at Standard & Poor's. After proving his value in-house, he was promoted into a special role as an idea generator, supporting the portfolios of institutional clients as well as driving performance within S&P's recommended lists and portfolios. At times, Markos was responsible for up to 10% of the firm's entire "Strong Buy" list and is due a great deal of credit for the group's outstanding performance during his tenure.
Markos followed a group of 30-40 Small and Mid-Cap firms, and was charged with finding new buy and sell candidates across industry sectors. He generated a 23% average annual return over five years on his "Strong Buy" recommendations, and 26% over three years ended 2004. He was ranked 1st of 60 analysts in-house for his "Strong Buy" performance over 4 years (2nd over 5). Markos also authored IPO research and wrote for high-level newsletters, The Outlook, Equity Insights and Emerging Opportunities, as well as for BusinessWeek Online. He represented his firm as an analytical expert commentator for major media, including television, Internet and through quotes and interviews in reputable publications.
Besides predicting the stock market correction of 2015 through a series of prescient reports here in August. (see proof here: http://seekingalpha.com/article/3482226-investor-who-predicted-the-stock-market-correction-offers-an-update ), Markos also advised investors to buy stocks at the bottom of the market in mid-February 2016 and again post-Brexit at the trough, and to buy gold in January 2016 before the commodity started its move higher. While not perfect, over the years, Markos has made countless correct market and security calls for his followers, including forecasting the demise of J.C. Penney on the heralded CEO hire's disruptive plans, the bankruptcies of Washington Mutual and Pilgrim's Pride in the $30 and $20s, respectively, as well as the purchase of Facebook in the mid-$20s when it was considered a pariah post its IPO (today it is a market darling). Markos also warned of the real estate market collapse and the financial crisis in the early days of his blogging.
What I personally want you to know about my plans: After witnessing the worst of Wall Street firsthand and having the ideal vision of my childhood career choice corrupted by reality, I almost switched to full-time charity work at age 40 and still have plans for several non-profit endeavors. The future is somewhat unknown, and I am open to employment offers for portfolio management or other ideas. While continuing to publish regularly, I expect to begin work on several book ideas that I believe are important for business, for our nation and for society.
I may put my stock selection skills, earned through blood, sweat and tears, to better use, and to make my own way. I would like to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions... someone who cares more about your money than your wife. I hope readers will become followers of my column here & at my blog, so that when our numbers are substantial, we might start an investment fund or two.
Prior to his Wall Street career, Mr. Kaminis spent time in the back-office, as a mutual fund accountant, where he managed for a time the work of two men. Before this, from age 11 to age 25, he worked as a carpenter's apprentice and carpenter with his father, in both commercial and residential projects. Mr. Kaminis has an intimate knowledge of the real estate (undergraduate degree in Real Estate and Finance) and construction market, as well as the restaurant industry.
However, as a generalist stock analyst, he showed the ability to learn any and the most complicated of industries in short time - and he gamed every challenge presented to him. Mr. Kaminis earned his MBA at the Katz Graduate School of Business at the University of Pittsburgh, and his BA at Temple University in Philadelphia. However, Markos has been studying the stock market since age 13, when he determined his career path.
He made his first investment at age 16, and funded much of his undergraduate education with the proceeds of his investing success. Mr. Kaminis continues to keep busy forecasting the economic path and securities market activity. Markos is considering the eventual start-up a long/short capital appreciation hedge fund. Such a fund would limit risk through beta reduction, using a diversification strategy targeting sector & industry and long & short position inclusion. At the same time, Markos' theoretical fund would seek maximum capital appreciation through the exploitation of Mr. Kaminis' inherent economic & market discernment gift and proven stock selection skills.
Mr. Kaminis also has a team of a select few analysts, technicians, strategists and economists that he has been impressed by over the years, which he expects to tap for the project when the time is right. Mr. Kaminis welcomes your interest in such a potential forward effort, and looks forward to discussing his plans with those appropriate and within legal constraints.
Markos toys with very early stage entrepreneurial efforts in the testing of certain business models, all of which he intends to tie to a planned non-profit project serving the most helpless among us. The tie will be that the businesses will give employment opportunity to individuals who would otherwise have difficulty finding gainful employment. It will house and heal the homeless, ex-convicts, those completing rehabilitation efforts for drug and other addictions, and others in need of help.
Markos is currently Directing the widely syndicated blog he founded, "Wall Street Greek," and is writing for other well-known publications besides advancing several big ideas. Markos' column is syndicated across sites like the Boston Globe, Kiplinger Magazine, UPI and other reputable newspaper and TV websites, as well as private networks, Amazon Kindle, iPhone and more. In the past, he has written for RealMoney.com, Motley Fool and others.
Requests to research specific companies are welcome, as we serve our readers. You may contact us via this blog's contact info. Mr. Kaminis welcomes you to follow him here at Seeking Alpha, where he is proud to be a long-time contributor to this strong team of writers. He considers the Seeking Alpha team and management close friends, and for you, people worth knowing and following. Visit his site: Wall Street Greek (http://www.wallstreetgreek.blogspot.com/)
California boy now retired and living in Mexico. Investing interests include dividend growth Blue Chip stocks/ADRs, REITs, Preferred Stocks, ETFs. Given a recent need for more current income, I reconfigured my portfolio which is now about 70% in high yield stocks, yoc=4+%, which includes Preferred stocks (8%), and REITs (27%). A smaller percentage (30%) is in stocks yielding under 4%. I am favoring the REIT sector, obviously, which has done very well since 2000. https://novelinvestor.com/asset-class-returns/ and which I expect will continue to do so in the medium and long terms. On a sector basis, my top sectors are: REITS (27%), Consumer Staples (8.8%), Healthcare (8.8%), Preferreds (8.1%). Since I choose to hold no more than 25, ALL of my stocks are important to me, there really aren´t any Core stocks per se. That said, they are not equally weighted. My top five positions are: CASH (16%), SCHD (8.9%), T (6.7%), MMM (5.4%), XLU (5.0%),
My High Yield positions (over 4% yoc) holdings are: AHH, AMH-E, BIP, BPY, BRG-A, BXMT, DLR, LXP, LXP-C, NLY-E, STAG, T, UBA, VTR, WPC, XLU. My lower yielding stocks are: CONE, MA, MMM, QTS, SCHD, V. Non-dividend: AMZN.
I have reconfigured my portfolio style for the last time. SA contributor Bruce Miller and his "Retirement Investing for INCOME ONLY" has really influenced me, as has Brad Thomas. I came to investing relatively late in my life and didn´t become a DGI investor until 2011 when I retired. In short order I discovered that I needed more current cash than the classic DGI approach would give me now. especially for my wife´s RMD. It seemed our portfolio sizes weren´t large enough to accomplish this and I didn´t have the time to let compounding work it´s magic. The SA DGI crowd doesn´t seem to ever advocate holding significant holdings in REITS and Preferreds for income, focusing primarily on dividend growth. I understand this, but it was not working for me. It seems they assume that everyone has a seven figure portfolio, or will have one by retirement time. So, my portfolio went from being 100% the classic Blue Chip DGI, to 70% high yield with modest dividend CAGR (5 yr 5% or better), of course this does not apply to Preferreds. I followed Bruce Miller´s investing philosophy, and Brad's on REITS and now my portfolio meets my cash needs. I like this 70/30 ratio and it works for me. Another ratio may be better for someone else.
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Academic background in accounting; MBA/CPA/JD. Headed a corporate pension fund; served as CFO for insurance company; established title/transactional firm; served as REIT CEO; former professor; served on profit and non-profit boards; currently share management responsibilities for hedge fund; compete in professional golf tournaments. Writing background includes various briefs in federal courts, including US Supreme Court. Currently trying to finish a science fiction novel. Trading experience focused on options and portfolio enhancement. Plans to retire from hedge fund as of December 31st. Future activities will include pro bono assistance to individuals and groups in need of retirement guidance. Looks forward to more time for writing and travel.