I have been an investor since the late 70's. I was a stationary engineer/ HVAC tech when I had to retire due to medical problems. I started with Muni bonds and utility stocks, and was a buy and hold investor till I was forced to trade in order to recover the losses from the market collapses in 2000 and 2008. In 2000 the collapse of nursing home bonds did considerable damage to my money invested, but I was able to recover and grow my portfolio by taking on an educated risk in defaulted muni bonds that my new broker brought to me. Then in 2006 I put the money into the stock market since there was little if any bonds of the type I invest in available, only to watch it disappear. Since the collapse and my medical retirement started about the same time, I started trading and still holding what I think are key investments. The collapse took about half of my money invested but through trading I have since tripled that money. I like to invest in the MLP's, REIT's, BDC's, Utilities and anything that either pays a good dividend or is severely undervalued. I believe that anyone can become wealthy if they are willing to sacrifice and work hard and try to educate themselves to the best of their ability.
I am a former sell-side analyst -- UBS 1996-2002, Needham 2002-2006 and ThinkEquity 2006-2008. These days I review automobiles and other technology products, as well as analyze the automotive and technology industries, and coming up with long/short ideas. I also continue to write (less frequently) on macroeconomics and politics.
I've developed personal investing strategies for individual stocks and Asset Allocation:
1) Stocks - Fundamental value investor using Free Cash Flow as defined by Buffett's 1987 shareholder letter. Invest in predictable, undervalued stocks with good management. Buy with a Margin of Safety, Sell at Intrinsic Value. Hold cash when nothing is available at my price. Use the Kelly Formula to determine optimum fraction to invest in each stock which maximizes the amount of money you win over a lifetime of investing.
2) Asset Allocation (for 401-k, small IRA accounts, and available cash) - Use a 'Value-Weighted' asset allocation strategy with inputs of projected returns/historic volatility. Apply the Kelly Formula to determine optimal asset allocation. Rebalance twice a year in April and October.
Store my portfolio - and my brain - on the web at www.healthywealthywiseproject.com
40 years in Oil and Gas upstream. Small scale investor in oil and gas related companies. I am not a financial planning pro, I invest in companies that I think have potential. I prefer higher dividends and accept the risk that goes with them.
Retired US Army Reserve-Civil Affairs (Colonel) Served as ORHA/CPA representative to the Iraqi South Oil Company in early 2003, supporting both oil and electricity sectors. Coalition Chief of Essential Services in Baghdad, 2005-2006. Coordinated military support to the Iraqi National oil and electricity sectors.
20+ years with Major Oilfield Service Company-Continuing. Management, manufacturing, supply chain, business development, Artificial Lift.
Multiple Senior leader roles in manufacturing. Certified LSS Green Belt.
C level roles in small independent E&P oilfield and services companies.
I am currently a marketing specialist for a biotech company. In the past I have been a chemist for biotech and pharmaceutical companies, working mainly in manufacturing science and production.
My education consists of a B.S. in Chemistry and am progressing towards an M.B.A, expected graduation is 2016. My concentration is on business statistics and marketing analytics.
I started investing in 2010. After some time investing I realized that the stock market is too chaotic in the short term, and while I believe anything can be modeled correctly given enough computational power, my current life situation calls for a more passive investment strategy.
By passive investment, I simply mean that I do not track the day to day prices of my stocks, I believe I would go insane if I did that. Instead I prefer to analyze the long term historical trends of a company and compare this to their piers. While this is simplified explanation of my investment style, it covers the gist of it. My time frame is years.
In addition, because of my background in science I like to take long positions in biotech companies that I believe are undervalued. For development stage biotech stocks, the value can vary dramatically depending on who you ask. I try to have a method to my madness. Does the reward outweigh the risk? The answer to this question is many times personal. I hope to explain my reasoning for my picks in my articles.
Have retired after having an over 20 year successful career as a Senior Financial Analyst for a Fortune 500 company where I performed due diligence on acquisitions, potential acquisitions as well as contributed to the completion of annual reports and preparing materials for the investment community. I am a bit rusty but I realized over the last 7 years that my analytical skills and niche in the the healthcare industry, specifically Biotechs, lends quite naturally to trading and covered calls. I am generally long, but the point of this business is to make money so I have developed my own method to take profits. Most recently I hold positions in $COR, $MAIN, $EXEL, $LXRX, $AKAO, $DYAX, $DVAX, $,GILD, $CELG, $LGND, $XON, $IRMD, $MITK, $ATVI, $AFFX, $TEVA,$PACB, $BPMC, $RLYP, $EGRX, $THLD, $ADXS, $O, $MITT,$T, $VZ, $VTR, $LMAT, $MO& $ED, $AAPL, $AMBA, $CRTO, $KR, $NKE, $DFS $SBUX just to name a few. I have been a consultant and consumer in the healthcare/biotech market for years and have been able to seek out growth opportunities and likely and successful buyout candidates with 15% of my portfolio dedicated to late-stage biotech specs and have achieved tremendous success, most recent examples are $SURG & $AFFX. Overall, however I do maintain a diversified portfolio and choose dividend paying stocks that offer both growth and income, specifically $MO, $TEVA, $BOH, $SBUX, $T, $HBI, were purchased during corrections providing outstanding yield & growth. I do utilize options very selectively to generate additional income, a strategy I that I find too risky during such volatility as we have experienced since the summer of 2015 through the drop we are currently experiencing currently. I am always re-evaluating my holdings, taking some profits, allowing for a larger cash position and taking advantage of the low prices of quality stocks. Biotech's seem to have been hit the hardest during these rotational corrections however if well researched, there is an excellent reward /risk profile and there is money to be made as long as spec investments are kept within your budget & there is a realistic understanding of the potential to lose it all. I both make and advise buys, as best as I can, to protect against the increased global instability & volatility this market is experiencing, regardless of the industry or company, that no one is immune from large losses so I don't invest what I can't afford to lose. Having had more than a few sleepless nights over the last 6-8 mos. in particular, my motto is if it keeps you up at night, rebalance!. I am always open to here other contributors' views whether or not they match my own, I believe we all have the ability to learn something valuable form each other.