Ted Cooper is a private investor and author of the Lone Star Value blog. Ted focuses on small- and micro-cap equities in the U.S. and overseas. He will graduate from The University of Texas at Austin in August 2012 with a BBA in finance and a minor in accounting.
As a Graham-and-Dodd value investor for many years, I aim to combine the methods of deep value investing and behavioral finance to identify mispriced securities while remaining alert to sources of macroeconomic risk. I believe periods of market instability such as today can be a great source of opportunity, setting the stage for value investors to strongly outperform through a hedged portfolio combining long positions in deeply undervalued stocks with solid balance sheets and carefully chosen short or put option positions against overvalued and overleveraged firms.