Income/Value Securities Portfolio Management

What you do

  • Give us a realistic expectation of income needs and share personal issues like taxes and risk profile
  • Engage with me on portfolio ideas
  • Open and fund a Schwab account
  • Get a performance report on demand
  • End our management whenever you see fit

What we do

Create a concentrated income/value portfolio with an eye toward your expectations and personal circumstances.

Research investment ideas that may be more widely considered:

  • Out of favor
  • Non-institutional or less covered
  • “Deep Value”
We especially look at:
  • Closed end funds at discounts

  • Total return ideas like pipelines, infrastructure and real estate when they appear to be bottoming

  • Managed portfolios that are unique in their focus such as small cap international value. We try to buy when they appear to be washed out

Essentially we believe things go up and down and attempt to “buy low”.

Leverage contacts and research resources, both developed over a 45 + year career, to come up with investment ideas.

We look at relative strength to discern a change from down to up for depressed areas. Not a fan of buying “falling knives”, but panic has always created some opportunity.

My core personal philosophy is never to blindly follow a crowd.