I am a value investor focused mainly on microcap and nanocap companies. I tend to hold about 50 stocks but there is no rule binding that. I feel my edge is my attention to detail, patience, and willingness to move away from the pack. I struggle to see how I can generate alpha with large cap companies so I stay away.
I got into the financial space starting with a lot of reading in January 2013. Since then I have read many books and will continue on. Oldschoolvalue.com and F Wall Street got me started into value investing and I have never looked back. I've read the classics (Graham, Buffett, Fisher, Greenblatt, Klarman) the non-classics (Kiyosaki, Cramer) and many in between. Lately I've been reading some charting books with my favorite being Ted Warren.
I manage the retirement funds for myself and my wife plus an after tax savings in a brokerage account. My goal is to make 12% annually in our retirement funds.
I am a full-time engineer living in Portland with my wife and 3 kids. My "one year" restoration of a 1967 Pontiac Firebird is finally finished 17 years later. Investing is my passion and I wish I had more time for it but what can you do. I read company filings, press releases, investment blogs, or investing related books every day whenever I can fit it in. I blog in my spare time.
I have created this blog to improve my investing process and skill. Hopefully it will help someone else out there as all the value investing blogs have helped me.
If you'd like to know more about me, you can listen to various podcasts I've been interviewed on here.
I have thick skin. Let me know what you think
-- Dan Schum
Email: nonamestocksdan@gmail.com
I got into the financial space starting with a lot of reading in January 2013. Since then I have read many books and will continue on. Oldschoolvalue.com and F Wall Street got me started into value investing and I have never looked back. I've read the classics (Graham, Buffett, Fisher, Greenblatt, Klarman) the non-classics (Kiyosaki, Cramer) and many in between. Lately I've been reading some charting books with my favorite being Ted Warren.
I manage the retirement funds for myself and my wife plus an after tax savings in a brokerage account. My goal is to make 12% annually in our retirement funds.
I am a full-time engineer living in Portland with my wife and 3 kids. My "one year" restoration of a 1967 Pontiac Firebird is finally finished 17 years later. Investing is my passion and I wish I had more time for it but what can you do. I read company filings, press releases, investment blogs, or investing related books every day whenever I can fit it in. I blog in my spare time.
I have created this blog to improve my investing process and skill. Hopefully it will help someone else out there as all the value investing blogs have helped me.
If you'd like to know more about me, you can listen to various podcasts I've been interviewed on here.
I have thick skin. Let me know what you think
-- Dan Schum
Email: nonamestocksdan@gmail.com
Subscribe to all NoNameStocks posts here: https://forms.feedblitz.com/erd
What is your relationship to Tel-Instrument? To Jeff O'hara? Have you ever worked there? How did you get an interview with Jeff? Was it in person or over the phone? What kind of an engineer are you? Do you currently reside in NJ or the tri-state area?
ReplyDeleteI have no relationship with TIK, their employees, or any other company I write about. I'm just an individual investor researching companies. I just emailed some questions to IR and they set up a phone call with Jeff O'hara to answer them.
ReplyDeleteWhy all the questions about me?
Just doing my DD on the article writer. Are you an electronics engineer?
ReplyDeleteI don't see what my location or job title has to do with TIK or my article. I am just a person who read a bunch of SEC filings and court documents. I am not evaluating the technical capabilities of the company or their products. All I have done is restate things I've read.
ReplyDeleteDo you invest in small stocks even if they are not dark?
ReplyDeleteYes. If you read my posts you'll find them. Right now I think 6 of my 23 stocks would be considered dark
DeleteCurious, but do you look at any banks in the OTC market area? As I was turned onto the idea by Oddball Stocks, and have dug a bit deeper to find companies that aren't publicly traded as well, though they are still required to file call and fr y-6 reports and a number of them have financial information on their websites.
ReplyDeleteI don't own any banks. I know oddball is into that side of things. It's just not a place I've gone. Maybe someday
DeleteYou sound like a typical wall street 'amateur'. Hear is the reality. Wall street is scam to embezzle money from the public and a investment 'instrument' to launder money.
ReplyDeleteThese companies they want to go bankrupt AFTER selling you shares and pumping you hope and 'value'
This company PRVT hasn't filed a SEC report since 2013 and SEC only delisted in 2015. These companies in the OTC or pinksheets 99% of them are frauds and investment vehicle to launder money for investment funds, who get their money from other funds, they don't need retail investors. public listing is just for tax purposes.
https://finance.yahoo.com/quote/PRVT
https://investorshub.advfn.com/Private-Media-Group-Inc(fka-PRVT)-12647/
I called the CEO Charles Prast and he just ignores any question and hangs up
NO news since 2015 and no SEC filing since 2013 and SEC does nothing. SEC, finra and judges HELPS these fraudster to steal money from the public.
justice delayed is justice denied. these companies want you to sell and close your positions sot they make money from selling your worthless shares they want to go bankrupt and lose money.
Dan, any opinion on Eyepoint Pharmaceuticals (EYPT) ?
ReplyDeleteI don't know that one. I'll have to check it out
DeleteHello Dan,
ReplyDeleteWhere to you/can we buy OTC stocks online? I tried in Fidelity and they say that I have to call them, Robinhood does not list them. This makes me believe Vanguard, Charles Schwab, etc., also wouldn't allow us to buy OTC stocks online?
Any advice would be really helpful.
Thank You.
I use Schwab. they're the best and will let you buy anything
DeleteI've written a lot about this subject which you can see here: http://www.nonamestocks.com/p/dark-companies.html
Hello Dan,
ReplyDeleteThis is one of the most intressting finance blogs i have ever seen.
I guess you retirment will be very epic :)
Greetings from Germany
Roland
Thanks Roland glad you like my blog. It brings me such joy. Fingers crossed for my retirement :)
DeleteHey Dan, any thoughts on AEY or QTEK? Seems like to me, that 5G rollout is going to impact these tiny firms for a few years.
ReplyDeleteoh I own a good chunk of AEY. nice numbers recently
Deletedon't know that I've heard of QTEK
Busted SPAC, Industry veteran running the operation, they do pretty well when there is a major hurricane and the providers need to repair equipment.
Delete