I run a model fund at Ken Kam's Marketocracy, where they do capital management using the best member mutual fund track records with extensive tabulations of alpha, beta, R-squared, and many other fund management evaluations. Marketocracy Capital Management offers SMA (Separately Managed Accounts) through FOLIOfn Institutional ($100,000 minimum accounts) set up to track the top 15 or so long-term track records (many 12 years plus) of the 30000 or so active members that run models at their site. My fund is one of those top models available for SMAs. My SMA investment fund now has a first year performance with double digit alpha. You can see the fund's performance chart at marketocracy.com (the Turtle Fund - symbol BPMF) and there is one in my profile over at TalkMarkets. My fund methodology is high diversification, usually running around 40-60 stocks from many different sectors. I rarely weight any position much over 5%. I began at Marketocracy developing an analysis method I've labeled The Fractal Base Flow Model. I've been experimenting with variations of my basic methodology with 4 other funds and a 5th where I try new things. With my first and main model fund BPMF (Bruce Pile's Mutual Fund) I did my basic method for the first 7 years or so with an alpha over 30, then strayed a little into other analysis methods that did not work as well. For the SMA, I am using the methods proven to work well. Marketocracy is a new way of investing that solves a lot of the problems in the industry. Most hedge funds are dangerous. The sad result of all this danger is that most hedge funds fail. The average life of a hedge fund that makes it past the first year is just 5 years. More than two thirds of all hedge funds that ever existed are now gone. There is the fund of funds option, but the high turnover means that even they must select an all new portfolio of funds about every 5 years. They are complex with large fees. Imagine a place where you could go to sign up for an account where you could review track records and styles and risk levels of not just one guy, but up to 15 or so, and check on your account signup form how you want to spread your money among these guys. And imagine that all these managers have had to compile top ranked hedge fund performance levels for up to 15 years under the safety level of SEC rules for mutual funds. And imagine you could get all this at roughly cost of a mutual fund. It would be like opening an account and checking the names of Peter Lynch, Warren Buffett, or all your favorite hedge fund managers to gang tackle your investment objectives. Well there is such a place - Marketocracy Capital Management. Here, thousands of people from all walks of life, compete online with virtual funds. If your track record qualifies, you can open a GIPS account for real customer money tracking of your model fund. My fund is one of those, ticker BPMF, which you can invest alongside with your own SMA account. They buy and sell for you. This can be a regular brokerage account, Roth IRA, or anything that best fits your needs. It's your own bank account with no trust or fraud issues as with hedge funds. To look into this, you can email Ken Kam at firstname.lastname@example.org or phone 1-877-462-4180.
I am not a Wall Street professional. I am retired military and a recently retired state - certified general real estate appraiser. In more than forty years as a speculator I have purchased over 750 stocks.My specialty is smallcap and microcap stocks primarily in the natural resources sector.
I am very big on gold and silver penny stocks.
I am also very fond of royalty companies, master linited parnerships and REITS.
The only thing that I will not invest in is the S&P 500.The performance of the S&P is unacceptable. I don't do dinosaurs.
There is only one reason to hang out in the in the blood splatered arena of smallcap,microcap and penny stocks where I have been a player for more than forty years. There is no other investing arena that offers such spectacular returns.
I wrote a book about it. It is called "Forty Years A Speculator."
Evaluation of the dominant assumptions and an understanding of the dynamics of the economic engine is the basis of an approach to asset allocation that provides for both a rational determination of value and an understanding of sentiment in the form of price as a measure of the irrational nature of the operational environment, an approach that is intended at once to avoid unnecessary risk while at the same time enable gradual rebalance of assets as a means to increase net worth via optimization of appreciation and long term yields. Let's call that buy low and fly high just for fun.
Barring Coughlin Bio.
Barring Coughlin CFA is Chief Investment Officer for Coughlin Associates. After having spent nearly 30 years at senior executive levels for major investment firms, Barring Coughlin founded Coughlin Associates in 2000. He created a new business model that focuses on combining exceptional service with extensive investment research experience. Coughlin Associates provides investment management for individuals, as well as providing investment advisors with a cost effective solution for outsourcing investment research.
Prior to forming Coughlin Associates, Barring was with Bank of America where he held various executive level positions including International Investment Executive. He was responsible for the oversight of the International Portfolio Management group, which supported the International Private Bank. While there he merged the international portfolio units for Bank of America and NationsBank. He also supervised the Hong Kong and United Kingdom brokerage units as well.
Prior to NationsBank’s acquisition of Bank of America, Barring was the Chief Investment Officer for NationsBank’s Private Client Group. There he was responsible for a department that comprised 98 portfolio managers investing over $70 billion in managed assets for high net worth individuals.
Previously Barring held various senior investment management positions with financial institutions such as Society of National Bank of Cleveland (now Key Corp.), Carnegie Capital Advisors, National City Bank of Cleveland and Prescott Ball & Turben.
Barring has a BA in Psychology from the University of the South and has completed graduate studies in Business, Public Administration and Computer Science. He received his Chartered Financial Analyst (CFA) certification in 1980 and is a member of the CFA Institute, where he is a past co-chair of the Iron and Steel Institute. He is an Emergency Medical Technician (EMT-B), riding with the Beulah Volunteer Ambulance District.
He and his wife live in Southern Colorado where they balance business and various outdoor activities with charitable endeavors.