Christopher Griffiths
Micro 2 Macro 02/10/2011
When I was 14 years old, and flush with cash from operating a candy store out of my backpack, I made an exploratory foray into the stock market. Convinced by my dad’s stock pitch - the acquisitions they had made, the growth of business, the prospects for increases in oil prices - I bought $100 worth of a petroleum company called Hurricane Hydrocarbons, using him as an intermediary broker. A few months later I closed the position for a 130% gain, and a new appreciation for this basic idea: the little guy can, just as Peter Lynch says, “Beat The Street.” Generally, nobody cares about your monetary success more than you - so why would anyone else do a better job of managing it? I've managed my own accounts for 10 years, and I tend to trounce the indices.
I sent out the first issue of my newsletter today, called micro2Macro (typo in the email, used weather where I meant whether - doh!). It's in beta which means, effectively, that I have no editing process to speak of. The first issue is about Telestone and, after about probably 30 hours of reading and writing, I'm glad I actually sent it to some folks. If you want to be included on the distribution list, send me an email to m2m at christophergriffiths dot com, and I'll add you.
This newsletter is about companies that were overlooked or punished by Wall Street, but that are fundamentally sound. I’ll dig into balance sheets, listen to earnings calls, read analyst reports, and give you the upshot. We’ll look for obvious, inexorable trends in macroeconomics, and we’ll follow them to the small and micro-cap stocks that fearful and greedy traders don’t see; those companies will take our portfolios from Micro to Macro.
Disclaimer: I'm an amateur. Don't take my advice... Unless you think it's smart.
I sent out the first issue of my newsletter today, called micro2Macro (typo in the email, used weather where I meant whether - doh!). It's in beta which means, effectively, that I have no editing process to speak of. The first issue is about Telestone and, after about probably 30 hours of reading and writing, I'm glad I actually sent it to some folks. If you want to be included on the distribution list, send me an email to m2m at christophergriffiths dot com, and I'll add you.
This newsletter is about companies that were overlooked or punished by Wall Street, but that are fundamentally sound. I’ll dig into balance sheets, listen to earnings calls, read analyst reports, and give you the upshot. We’ll look for obvious, inexorable trends in macroeconomics, and we’ll follow them to the small and micro-cap stocks that fearful and greedy traders don’t see; those companies will take our portfolios from Micro to Macro.
Disclaimer: I'm an amateur. Don't take my advice... Unless you think it's smart.
| m2m1.pdf |
