I am a value-investor that looks for opportunities to exploit market inefficiencies to make outsized profits. Intense research, intelligence, and patience are the keys to having success in this strategy.
Value & Momentum Breakouts. If targeting 5% weekly or monthly returns is more appealing to you than chasing 5% annually, please join me as I publish my latest findings in weekly and monthly articles! During my more than 25 years of investing I got bored with low annual returns and began looking to harness well documented financial anomalies for excess risk adjusted returns. I leverage forensic analysis and the latest academic financial models to identify profitable irregularities in fundamental and momentum characteristics. I am a finance PhD and MBA who is always looking for new investments and profitable opportunities in an ever changing market. I am also a certified fraud examiner and investment adviser who thoroughly enjoys testing new financial theories.
I retired early a few years ago. I was the Credit Manager for a mid-sized publicly traded bank. Despite never working in the industry, I took and passed the CFA Level 1 exam. I traditionally have invested in and written about small and micro cap value stocks. I have found as an investor you can get an edge in researching and talking to management of small and micro cap companies that have little or no analyst coverage. About 20-30% of my portfolio are deep value stocks, and that is historically where I have had the best returns.
Boston University, Questrom School of Business, MBA, 2016. Cornell University, College of Engineering, BS, 2010.
No information provided should be considered investment advice.
Conor Mahlmann is the Chief Executive Officer and Chief Compliance Officer of Kippington Capital Management. Prior to the firms founding, Conor worked as a commodity trader for The Scoular Company. He later transitioned his skills into various advisory roles within TD Ameritrade Investment Management, LLC. Conor holds a B.S in Agricultural Economics from the University of Arkansas.
I own and operate www.PortfolioWeighting.com, an affiliate of iEarnings.com Co. In January 2018 PortfolioWeighting.com released the Portfolio Weighting Machine(TM), a quantitatively-based portfolio weighting system for common stocks. https://www.portfolioweighting.com/about/
Formerly a financial analyst and a director of CompuDyne Corporation, I now have no current business or corporate affiliations except iEarnings.com Co. I have memberships in Twitter, Linkedin, and Mensa and manage a group on Linkedin named Portfolio Analytics Tools and Apps.
Seeking Alpha's product team is responsible for the development of all of our product-related projects from start to finish. These projects include the Seeking Alpha Portfolio apps on the App Store and Google Play, our Real Time email alert product, and optimization across the Seeking Alpha website.
The purpose of this profile is to allow us to share with our readers all new product developments. Please follow us on Seeking Alpha to receive updates. We look forward to your input and feedback!
SA Product Team
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
Sign up here to receive the Wall Street Breakfast in your inbox every business day: http://seekingalpha.com/account/email_preferences
We hope to buy things for less than they are worth, with the expectation that they will provide an adequate future return. We try to buy quality businesses at favorable prices that are capable of earning high, and incrementally higher returns on invested capital. We do not purchase long-term investments if we don’t believe this will happen, however, when we cant find anything that fits our criteria, we look to special situations or deep value areas where a company can be bought at a discount to asset value, private market value, or sum of its parts. We consider holding cash the same as placing capital at risk; it should be done purposefully. Note, none of the above is original, nor is it new, yet it helps us systematically define our opportunity set, so that we can say no to most ideas. The above, combined with our long-time horizon allows us to be patient in order to achieve favorable results.
Mr. Bert is usually kept in a cage in a basement in Sagaponack, out on the eastern end of Long Island. Every so often he manages to escape and starts posting strange and random stuff on the internet. Inevitably, he is caught and locked back in his cage. Mr. Bert was graduated from Brown University and received an MBA from The Wharton School of the University of Pennsylvania. Mr. Bert worked in the hedge fund business back when nobody knew what a hedge fund was. Mr. Bert's work has been featured prominently in the Delaware Court of Chancery case, Chen v. Howard-Anderson, et al.
Results-oriented, data-driven, highly analytical, and multifaceted healthcare professional with foundation in biochemistry and healthcare finance, front-line business experience and a deep understanding of research, biotech, pharma, payers, providers, patients, hospitals, and regulation. Proven capacity to deliver in a competitive, high-impact, and fast-paced environment and known for disrupting algorithmic flaws to reach meaningful results. Eye on parlaying multi-disciplinary background to inform strategy, investment, process, profitability and innovation.
I manage a global long/short equity hedge fund, with particular focus on special situations. Previously, I was a highly rated sell-side analyst with a major US investment bank, and a management consultant. I hold an MBA and degrees in mathematical statistics.
An ex hedge fund PM/analyst with a value focused investment approach in events driven / spinoffs / turnaround / special situations.
My focus isn’t just looking for stocks that are cheap. While it is important to identify value, it’s more crucial to understand the reason why the situation will change.
Long Cast Advisers (LCA) is a Brooklyn based RIA that provides concentrated small cap investing to individuals, endowments and family offices. We do this with the most differentiated approach - individual stock selection - that is apart from and indifferent to the markets.
Our goal is to maximize the long term returns on client funds by allocating an agreed upon portion to small cap stocks balanced against cash. Then we seek to buy great companies that are changing and if we are right, we hold them. If we are wrong - and that will inevitably happen - we sell them.
With +12 years institutional research experience and +20 years investing our own funds, we know that we are not smarter than the market. But we are more patient and that allows us to envision opportunities unfolding over time, beyond the immediate present or next quarter.
Because we focus on smaller companies, we consider ourselves part owners of the businesses we invest in. We tend to engage with management at least minimally (and occasionally more), we also engage with customers and competitors, and notably, we won't invest in companies that sell products or services we would be ashamed to discuss: As best we can, we avoid businesses that drop bombs on people’s heads, despoil the environment, profit on suffering or await a bigger fool.
We are not market prognosticators. We view prognostication as Marx viewed religion; it is the opiate of the investment masses. Apart from using a benchmark for comparative purposes, and unless there is a direct corollary to a company or its valuation, we are generally indifferent to the overall market.
LCA is licensed and state registered. We use Interactive Brokers as a platform and third-party custodian for separately managed accounts. We describe our business as "the food truck version of a hedge fund" in that we select stocks and manage the portfolio like a fund, but the costs are lower and the approach is completely transparent. We manage appropriateness by allowing the client to select the target allocation between cash and stocks.
LCA's CIO is Avram ("Avi") Fisher and the firm's investment philosophy is informed by his >10 years experience as a sell-side analyst covering large-cap industrials, business services and E&C's, taking only the best parts - the in-depth research - while avoiding the short-term next-quarter beat-raise insanity. He has additional experience in private equity, as a private investigator and as a former cub reporter and writer. He continues to write, here and on his blog, as a way to organize his thoughts and to share some of his ideas with other like-minded patient, small cap investors.
Disclaimer: All content written on Seeking Alpha by Long Cast Advisers is for informational and educational purposes only and should not be construed as a solicitation or recommendation to buy, sell, or hold any specific security or class of security. LCA's opinions expressed herein address only select certain aspects of the companies mentioned and cannot be a substitute for comprehensive investment analysis. Any analysis presented herein is illustrative in nature, limited in scope, and is for discussion purposes only. The information upon which this material is based was obtained from sources believed to be reliable, but has not been independently verified. Therefore, LCA cannot guarantee its accuracy. Any opinions or estimates constitute the author's best judgment as of the date of publication, and are subject to change without notice. Equity investing is subject to various risks including the total loss of capital.
Small and micro cap fundamental value investor. Buy high quality businesses trading at deep discounts to intrinsic value in situations where I think I have an analytical edge and line of sight to catalysts to unlock value in the next 1-3 quarters.
I run a small fund. I became interested in investing when I read an article about Warren Buffett and my fund and my investing style reflect his teachings and those of Charlie Munger. Unlike many value investors, I am not impressed with Ben Graham as an investor.
Writing Style: I try to combine facts, analysis, and a touch of humour/story into my writing. It is my hope that this makes the topic of investing and securities for interesting while at the same time accurate and actionable.
Investing Style: I am an individual buy and hold investor. I believe an individual investing their own money's greatest advantage is patience. They do not have clients banging down the door for redemptions every time stocks decline nor do they have bosses, mandates, or other things that get in the way.
Professional alternative asset manager. I run a very flexible, truly agnostic deep value and special situations strategy with a 10 year track record and 15% IRR. Based in London, global network. Ex investment banker-20 year career as a cross-asset derivatives specialist with UBS, Morgan Stanley, BoAML.
Bumbershoot Holdings L.P. is a private investment partnership launched in Oct-2015.
The partnership uses a fundamental investment strategy as a “quality over quantity” approach to identifying and evaluating great businesses. It primarily invests in small- and mid- capitalization public companies which are headquartered in the U.S. and listed on a domestic exchange. It maintains a relatively concentrated portfolio with approximately 60%-75% of assets in its top-15 holdings. The partnership utilizes low levels of leverage and hedges net long exposure through various short positions and equity derivatives, as dictated by overall market conditions.