I am an "extreme value" investor, focusing mostly on micro and nanocap companies selling for a steep discount to price/book, price/sales, price/earnings, EV/EBITDA and other traditional measures of value. (Price-to-book is my favorite, by far.) My emphasis is on low priced stocks (especially under $5), since the marketplace is very inefficient in valuing them, as both institutional investors and brokerages increasingly shun them. I am a dyed-in-the-wool contrarian, and like to invest in the most unloved and out of favor sectors of the market, and numerically screen for the best relative values in those out of favor sectors. A key to my success is to buy companies where the insiders are buying in the open market, to confirm the underlying value proposition. I like to buy stocks trading near a multi-year low, and average down aggressively if the stock moves against me (assuming the circumstances for my purchase haven't changed). I like to look for stocks that are being "dumped" from indices (Russell 2000 or S&P 600 Small Cap, most commonly), or subject to tax-loss selling, creating arbitrary selling pressure in a tight time window. I also like special situations, including selective leveraged turnaround situations, that I can catch at their "inflection" point. I have achieved outsized annualized returns, over the last 27 years, with these strategies. I also take 5%+ positions in companies, and engage in selective shareholder activism, to hold accountable the insular and/or corrupt boards that are sadly all too common, especially in smaller, family-run public companies. I HATE, and decry, index investing, as stocks that are "over-demanded" are going to be over-PRICED, which offsets the miniscule savings of avoiding the "extra cost" of an active manager.
A native of Chicago, I have a B.S. in accounting (1990) from DePaul University, am a former federal financial institution examiner, and am currently an elected City Councilman in my adopted home town of La Porte, Indiana. I love old houses, live in one designed by architect Franklin Burnham (who also designed the Georgia State Capitol), and currently sit on the board of directors of the Parents Television Council, a nationwide non-profit, and the most consequential and compelling charitable organization known to man.
We write about companies trading at attractive valuations with strong durable competitive advantages.
- Invest in companies with consistent earning power and durable competitive advantages.
- Invest in companies where we can get a sufficient margin of safety.
- We prefer companies that generate substantial cash-flow and consistently earn above-average return on capital.
- We prefer companies with conservative leverage.
- Always hold an appropriate level of cash in order to be able to capitalize on market volatility.
Torsten Tiedt is a senior developer in the investment industry in Frankfurt, Germany.
He was working for KPMG for eight years. During this time, he was part of a team of specialists dedicated to analyze security portfolios of international funds, hedge funds and banks. Among other, he participated in the liquidation of Lehman Brothers and the first banking stress test of the European Central Bank.
Later he took the lead in developing software for securities lending in a small private company, before he created his own start-up to develop a new kind of stock screener dedicated to long term dividend growth investors: DividendsStocks.Cash.
Working for the Big Four at the department of transaction advisory with the focus on corporate finance and valuations. I am an amateur investor with a passion for business valuations.
My goal is to search for undervalued companies and to share my thoughts about them.
Our TipRank profile: https://www.tipranks.com/bloggers/hfir
HFI Research specializes in contrarian investment analysis. We help you to find clarity in a world of uncertainty. We take contrarian thinking very seriously and believe that the only way to obtain a real edge in the market is to possess a contrarian investment thesis. We share our investment analysis with premium subscribers through daily and weekly reports.
HFI Research Premium currently includes:
What Changed This Week - Our flagship weekly report that covers macro themes, energy equities, and other stock ideas we analyzed.
What Research Reports We Read This Week - Our weekly analysis of the research reports we read that week.
Daily Natural Gas Fundamentals - Our flagship daily natural gas fundamentals and weather update report (also offered by HFI Research Natural Gas).
Daily Pain - Our premium daily that discusses the ever changing market dynamic the team currently sees. Pain Capital writes this report for us.
Individual Stock Analysis - Subscriber only stock analysis and updates.
For more info, please message us.
In a nutshell: Law graduate, investment analyst, and inquisitive skeptic. From a young age, I’ve been fascinated by investing, leading me into following the markets and managing my personal portfolio, following a value-oriented mandate. I write for my blog: www.aheadofthecrowd.wordpress.com
- Operates the "Insights For Future Wealth" Marketplace service, and IFFW Model Portfolio.
- Bachelor's degree in Business Administration with a concentration in Financial Analysis. Been investing and following the markets for more than a decade.
- A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.
- Wealth Insights is an investor, and investment author. His content is not geared to anyone's specific investment goals, time horizons, or risk tolerance. Content is for illustrative purposes only, and is not intended to displace advice from a fee based financial adviser. Accuracy of data is not guaranteed.
30+ year Finance Professional with a passion for investment strategy. Former Account Executive in securities compliance, specialized in business review analysis, asset management and risk assessments.
I am the author of Alternative Assets and Strategic Allocation, released in 2010 by Bloomberg Press/John Wiley. I have been involved with investments of all types on both sides of the Atlantic since 1980, as an equity analyst, portfolio manager, research director and corporate planner. I have established the investment function at several firms and introduced alternative investments where they had not previously been employed. I was deeply involved with shaping European Union securities legislation and have consulted widely to investment management firms, central banks and ministries of finance. I am also the author of articles appearing in the Journal of Risk Finance and the Journal of Trading. I hold a Ph.D. in philosophy from Yale University.
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
Two years of experience as a fixed income analyst in a major financial institution, undergraduate degree in economics and recent MBA graduate. I mainly write about Canadian stocks suitable for dividend growth or income investors.
A former financial journalist based in the UK, I thought I would try and put what I learned in the job to good use as an investor. I target companies with dividend yields of about 4%+, focusing on small companies in search of hidden gems. I enjoy researching businesses inside out, including attending investor presentations and visiting their physical locations if possible. Even if my investments do badly I take some satisfaction if they fall for one of the possible reasons I noted when doing my research.
I am a private investor from the Netherlands. I have a very long term view and focus on stable, dividend-paying investments. My favorite holding period is forever, but I am looking for interesting growth stocks now and then. I am writing for Seeking Alpha because I like to share my insights and enjoy the interaction about investing ideas. My writing is mostly about stocks I own and know a lot about. I am most interested in the consumer staples/discretionary, the energy and the industrial conglomerates markets.
On the picture you can see my cat. I like to think that my investing mimics his behavior: most of the time not doing a lot, finding the best places to lie down (enjoying solid dividend-paying investments). But sometimes for a brief period of time he can become very agile and active, just like what I should do when I notice great investing opportunities (though I'm skeptical about market timing).
My investment philosophy is based on long-term analysis and quality investing. I focus on companies with sustainable business models generating substantial excess returns over their cost of capital through the cycle. That leads me towards asset-light business models with modest capital needs, robust balance sheets, and proven management teams with disciplined capital management.
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.
Formerly: John Galt.
The majority of my capital is invested in Dividend Growth stocks. I also enjoy searching for the next big thing.
To grade my investment decisions: I've usually been able to "buy low", but I've often sold out too early. I'm firmly against losing money. I have no problem with building up my portfolio slow and steady. After the 2008 Financial crisis I've been much more macro focused instead of being more of a stock picker.
I love a good stock debate, looking at the best bull case, best bear case and picking my side. I believe in doing your own due diligence! I enjoy reading finance/stock market books among other things.
Love traveling, and always have my eye out for the next investment idea when at home or abroad.
Inspired by fellow SA contributors, especially other young dividend investors, I decided to start contributing to SA.
I have a background as credit analyst for an international bank and an enthousiasm for Tech companies. In my portfolio I try to find a balance between the dividend growth companies and the sectors I prefer (e.g. Health, Tech and sustainability). In general my investment style is conservative and focused on the long term. Based in the Netherlands I have a different perspective on USD and EUR risks.
Dutch investor using a fundamental total return approach using a long time horizon and financial metrics to measure performance. Most interested in value opportunities and growth at a reasonable price.
Currently following two masters in Finance and Accounting.
Ahead of the Curve, Agent of Change, Principal En-lightener, Purveyor of Darkness. An occasionally snarky contrarian covering government, corporate and monetary policy, financials, macro-economics, geo-politics, demographics and sports.
Our trademark style, including an apt cultural icon as metaphor, a commanding sweep of the monetary scene, a disdain for "conventional" wisdom, a rejection of the "received" narrative, an insouciant flair, and a grounding humility about the efficacy of econometric forecasting methods, is by design.
Our missives are an effort to assist in the critical thinking process which is an essential component of analysis. We attempt to encourage "outside the box" thinking by bringing together conventional and non mainstream information and ideas, then stirring the pot. The resulting controversy can spawn questions deserving of answers, stimulate much needed healthy discourse and hopefully, bring about positive change.
Stupid is as stupid does - Forrest Gump;
You can't fix stupid, no pill for it, it's fo'ever - Ron White ;
There are idiots, look around - Larry Summers ;
And Now - The Gift... To avoid the pernicious global plague of stupidity, drink the Kool-Aid and become one of the innoculati. The Kool-Aid is available at [VIRUS REMOVED BY ECHELON UNDER ORDER OF PATRIOT ACT II ... transmission terminated]
I invest my own money using value investing strategies, my goal is to compound capital over the long term while beating the averages. I post some of my idea's here, on Seeking Alpha, as well as on my blog www.theoremlabs.com
LL.M Oil & Gas Law
LL.B Law (Hons)
Diploma in Professional Legal Practice (All at the University of Aberdeen).
For enquiries, send a message on S.A. or through LinkedIn.
All articles are representative solely of my own opinion.
I look for companies with a margin of safety to their value, and I dislike downside risk. I subscribe to the first rule of investing: "Do not lose money."
I believe small and microcap stocks are the best place to look for value in the markets, as most people overlook these companies, making them more likely to be mis-priced. To exploit these opportunities, I have a subscription service with multiple microcap calls every month.
I am a private investor with a bias towards undervalued stocks and stocks offering good dividend yields.I mostly write on financials, utilities and small caps. I do not offer financial advice, readers should do their own due diligence.
Professional economic analyst by day. My main business interests include retail, restaurants, and consumer products. I seek out companies with strong "moats" and attractive economics that are selling for a large discount to calculated intrinsic value. Visit my Stocks and Scuttlebutt blog for more articles, book reviews, and other thoughts on investing.