Previously spent 8 months interning at a bottom-up, long-short, value based hedge fund. Attracted to boring businesses with compelling risk/rewards and impressive value creators trading at significant discounts to a cash-flow based view of intrinsic value. For three years now, I’ve learned all I could about the approaches of investing gurus such as John Templeton, Warren Buffett and Peter Lynch. I’ve been investing for almost a year now, learning from my own mistakes and using what I thought was the best from them, I arrived at eight criteria for that I use in investing. As a student, I do not have the resources a professional would so the following approach reflects a mindset around capital preservation – my investing philosophy is about being in control and limiting capital losses when mistakes happen. Out of the eight criteria, I identified five which must be met and maintained for initial and continued ownership in a company. 1) The business meets a clear economic need, 2) the company has a sustainable economic moat, 3) the company has a long history of strong profitability and operating metrics, 4) the company generates high levels of free cash flow, and 5) the stock is available at a margin of safety to the intrinsic value. The other three criteria I identified are a management history of shareholder friendliness, a strong balance sheet, and healthy insider ownership.
After receiving a bachelors degree in Communications I worked for several years in the financial sector in Canada, for banks, insurers, and asset management companies. I am a fundamental research focused value investor at heart, but I trade using options and other strategies for income in specific accounts. I follow the energy and materials sectors and the most of the TSX particularly closely but keep an eye on the broader North American stock market and global macro picture as much as I can. I also enjoy researching under-followed small-cap companies. I am an MBA student at Dalhousie University.
Independent investor managing personal capital with investments in US and Canadian public equities. Former investment committee member at a well-respected independent Canadian wealth management firm. I am a long-term value investor focused on fundamentals and high-quality companies. Will explore opportunistic shorts in overvalued companies with deteriorating fundamentals in areas where other investors are likely making mistakes (e.g. retail/momentum stocks). Concentrated portfolio approach.
I am interested in small capitalized companies with a high optionality to the upside compared to the relative downside risk. I am grounded in a value based approach but will also explore special situations. I am a trained CPA and continue to practice in industry.
Warning: my twitter account is very random but will have a lot of economic and business items sprinkled with Green Bay Packer comments.