Done with this blog site which is becoming more like investors hub and Yahoo! message groups. Now I know why good people leave SA. Some dumb editor tries to censor fair discussion because some whiner like Kevin Porter (or one of his minions) reports them as abusive. Meanwhile he does the same thing and others in his "tribe" diss commentor Marpha by calling him Marsha. Yet these comments are not removed or censored. Censorship destroys a lot of good blog sites and Seeking Alpha is well on its way to that state.
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.
I have been a student of the markets since 1994. My investing education has been expensive: listening to brokers, caught in the .com crash not trading on fundamentals, then caught again in the financial crisis. It was not all bad news though. After the .com crash I did some serious value investing and got all my money back. Somewhere in the middle of the financial crisis I started doing real homework so I was able to move money from equities that fell less to equities that fell more and I got all the money back and more.
I have a bachelor degree in computer science from John Carroll and I work at a large manufacturing firm managing the business relationship between IT and one business unit.
I like value investing. I listen to conference calls, look at charts and the macro economic situation and make good decisions about long positions for value. Right now I think I am wise enough to miss most of the next big drop and get in near the bottom. I am still working on understanding growth, leveraging with options, using puts.
I was fortunate to have grown up Nor Cal style in the 1960's/70's... playing sports, listening to music, and day dreaming. Now I'm a single father/musician/educator with a sense of humor doing my best to manage my finances in this turbulent global economy.
For me this is a never ending learning process, in which I continually make mistakes that I recognize months later when I look back at things that I impulsively bought, and others that I foolishly sold in a panic. I should listen to my grandpop and sit cool. I just wish he taught me how to (play?) or is it bet options. Someday, somebody has to, I feel like I'm missing half of the game.
Been investing for 25 years, Early on I was heavily into Options trading. The stock market was my Casino. learned a ton by the age of 30. Now, I believe in buying companies and not trading stocks.
"I still love technology...always and forever"
I focus on tech mostly but occasionally drift into other areas and aspects of the markets.
My love for trading is almost equal to my love for investing, finding the right balance is my plan. I hope to contribute some of the successful strategies along the way.
After following the markets for years, I started actively managing my portfolio in 2010. Plenty of misteps and a few victories have brought me to the point of wanting to share my experiences and gather feedback from this community.
I'm still learning the more advanced strategies for options and currently investigating futures trading, I want to bring my perspective to the investing world and hopefully generate some alpha along the way.
I tend to focus on a few names at a time to determine their trading patterns before intitating anything. I've learned that patience is a virtue and to not rush into trades. There are always more opportunities though I still struggle with "the trade that got away" syndrome on my darker days.
I hope anyone reading my articles is able to get some valuable information out my opinions and experience, and maybe a chuckle once in a while.
Andrew Shapiro is Founder, President and Portfolio Manager of Lawndale Capital Management, an investment advisor that has managed activist hedge funds focused on small- and micro-cap companies for over 23 years, one of the longest periods of experience deploying an activist/relational investment strategy today. Mr. Shapiro’s proactive ownership approach has been effective in directly creating and unlocking shareholder value in Lawndale’s portfolio companies and has contributed to Lawndale’s activist funds often being ranked among the top event-driven and small-cap value funds in peer databases for long-term performance. In addition to leading Lawndale, Mr. Shapiro has also served as a Director or Observer on portfolio company boards and debt and equity bankruptcy committees. Mr. Shapiro is a member of the National Association of Corporate Directors (NACD) and, via Lawndale, has been a long-time Sustaining Member of the Council of Institutional Investors (CII).
Mr. Shapiro has more than two decades of portfolio management and analytically varied experience from a number of "buy-side" positions, employing a rare combination of credit, legal and equity analytic and workout skills. Prior to founding the Lawndale organization in 1992, Mr. Shapiro managed the workout and restructuring of large portfolios of high-yield bonds, distressed equities and risk arbitrage securities for the Belzberg family's entity, First City Capital. Before joining First City, Mr. Shapiro was involved in numerous highly leveraged corporate acquisition and recapitalization transactions for both Manufacturers Hanover Trust and the Spectrum Group, a private equity firm.
Mr. Shapiro received his JD degree from the UCLA School of Law where he was an Olin Fellow, an MBA from UCLA's Anderson Graduate School of Management where he was a Venture Capital Fellow and a BS in Business Administration from UC Berkeley's Haas School of Business, where he has taught finance courses and frequently guest lectures.
Mr. Shapiro was recently selected to the 2012 NACD Directorship 100, a list of the most influential leaders in the boardroom and corporate governance community. He is often quoted on matters of corporate governance, fiduciary duty and activist investing and has been the subject of several articles, including a Business Week article in 2000 calling him “The Gary Cooper of Governance”. Mr. Shapiro frequent speaks and panels on corporate governance and activist investing issues at a broad range of prestigious forums that include the Council of Institutional Investors, National Association of Corporate Directors, American Society of Corporate Secretaries, SEC Advisory Committee on Small Public Companies, and the Director’s education programs of Stanford Law School, UCLA Anderson Grad. School of Mgmt., the Wisconsin Business School and Yale’s Millstein Center for Corporate Governance, among others. Mr. Shapiro is a Contributing Author at Seeking Alpha.
Mr. Shapiro started Lawndale’s funds in 1993 with only $188,000 under management and through performance and added capital has grown the firm’s managed assets substantially. Lawndale applies a private equity approach through active and relational ownership of public company securities. In most investments, Lawndale plays a constructive relational role by actively working with boards and management teams to help them achieve their strategic and operating goals. In other instances, Lawndale is a direct value-unlocking catalyst, utilizing a range of tools that include aggressively promoting improvements in a company's governance and operational structures, proxy actions, asserting shareowner’s legal rights and taking active roles in restructuring and buyout proposal negotiations..