I am a former Senior Manager at a Big Four accounting firm and have been a CPA for over 20 years. After leaving public accounting in 2010, I have been the CFO of two privately held companies with sales between $50m and $100m in both the aerospace and defense and beauty industries. At my core, I like to think of myself as a value investor, though I will step into other disciplines if I think it makes sense. I have been investing since 1999, so I have seen a few different market cycles and have tried my hand a many different philosophies over the years. I still believe that the Buffett / Munger style of buying a wonderful business at a fair price is the best path but I keep an open mind to all ideas. As a CPA, I am obviously very comfortable with numbers but I need more than just a company that meets financial metrics in order to invest. I believe in heavy research of a company not just before investing but more importantly during the lifetime of the investment. That means quarterly checkups on financials, conference calls and keeping up with the news. Despite this activity, my goal is to do nothing but hold and reinvest any dividends back into the business. The less I buy or sell, the better. My goal as a contributor is to engage the audience which will help to fully analyze a position. In investing as in life, I like to look at all sides of a situation and not merely listen to opinions that I agree with. In any investment, there are positives and there are risks. The most dangerous position is when you don’t recognize that they exist.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of ABNB either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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