Alex Middleton

My name is Alex Middleton and I am a Certified Professional in Supply Management (CPSM) who made my first investment by buying 4 shares of Home Depot (NYSE: HD) in 1996. Quickly afterwards investing morphed into a passion and I have been investing my savings in various securities since. I believe investing requires one to carefully study publicly available information in an attempt to develop a thesis based on reason and logic. It also requires one to properly account for the unknown by applying probabilities and margin of safety to their thesis. Benjamin Graham and David Dodd said it best in a quote from their book Security Analysis: “Analysis connotes the careful study of available facts with the attempt to draw conclusions there from based on established principles and sound logic. It is part of the scientific method. But in applying analysis to the field of securities we encounter the serious obstacle that investment is by nature not an exact science. The same is true; however, of law and medicine, for here also both individual skill (art) and chance are important factors in determining success or failure. Nevertheless, in these professions analysis is not only useful but indispensable; so that the same should probably be true in the field of investment and possible that of speculation“ There are no short cuts to becoming a good investor. You have to expose your theses to a group that can provide identify gaps in your logic. I want to engage with the larger community of like-minded investors, so please contact me!