I have been a pharmacist for 35 years and have recently been a manager for a large healthcare company, directly overseeing the purchase and distribution of hundreds of millions of dollars of pharmaceuticals. Being in the industry from the procurement and distribution side both, has given me a perspective to be able to evaluate a new entry into the pharmaceutical marketplace.
I am a value/activist investor dedicated to the following ideals: (1) Focus on high relative strength, (2) Buy low, sell high aka "buy the dip, sell the rip" (3) Short high, cover low, (4) Go against the crowd, (5) It's all about the rules and discipline- hold them dear (6) Analyze the balance sheet-seek low debt,high cash and hidden value scenarios (7) Cut your losses short, let your gains run, (7) Don’t get emotional, (8) Follow the insiders- buy if they are buying, sell if they are selling (9) Be greedy when others are fearful and fearful when others are greedy.(10) Don't argue with the market unless you detect an inefficiency present-it is smarter than you are. In summary, some of these ideas might be construed as rather trite and overused, but consistent use of them pays off in the long run.
Mr. Krieger specializes in the food sector and is the originator of the "Basic Food Fund" index and the "Dirt Cheap Value Portfolio".Why the food sector? "everybody has to eat'!
He graduated from the University of Southern California with a BS in Business Administration with an emphasis in Corporate Finance. Mark resides in Cowan Heights, California with his wife, son and pug and is interested in mountain biking, gardening and reading.
I seek special situations,when they present themselves and do not seem to carry much risk.I am very interested in bio/pharma stocks,and generally have a disproportionate amount of bio stocks compared to other sectors,with tech being the only other sector I buy,(GENERALLY).
Robert E. Kreh - Principal - Small Cap Solutions, LLC
For the past 30 years Robert has led the way for various companies in a Sales/Management/Ownership capacity. My corporate experience together with relationship building, marketing, networking skills, business development, financial, investor relations experience and willingness to always learn has allowed me the opportunity to become a successful, results-oriented team player and business owner.
I look for undervalued companies, unique opportunities and search the internet for everything under the sun that might help me turn up something others may have missed. I still believe in companies that have experienced management, real products, a growing revenue base, and do the right thing by their investors. There are a few really good bets out there with high ceilings. Finding them is like navigating a minefield filled with imposters, sharks and grifters.
Chris DeMuth Jr. is the founder of Rangeley Capital LLC. Rangeley is an investment firm that focuses on event driven, value-oriented investment opportunities. Rangeley Capital and his value investing forum, Sifting the World (StW), search the world for misplaced bets. Rangeley exploits them for its investors and then Mr. DeMuth writes about them on StW.