Archive for June 7th, 2010

Changes for David

Monday, June 7th, 2010

I delayed writing about this for a few days to give Finacorp time to take care of a few items.  Here is what Finacorp distributed to clients last week:

[deleted] — for legal reasons, I have had to take that down.  Let’s just say that I am without employment at present.

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I have nothing but gratitude for Finacorp over the past 2.5 years.  After leaving my prior employer, I needed something flexible that would enable me to work from home.  Finacorp provided that, but as it is now, I no longer need to work from home.  I’m ready for new challenges, and though I don’t want to move from Maryland, I look at the situation as one that offers more upside than downside versus the past.

So what am I thinking about to employ myself?

  • Equity management?  I’m still doing well against the markets, and am trying to figure how I could make a business out of this.  My track record is approaching 10 years with my own money, and I continue to do well.  If you have ideas for me here, I am open.  I can share an auditable track record with anyone that makes a credible proposal to me.  I will be talking with a number of parties that have expressed interest in the past.
  • Working for an investment firm in the area?  Could be a good idea, I’ll be talking to friends and contacts.
  • Go back to being an actuary?  Mmm… not that many opportunities around here for that, but if anyone has ideas, I will listen.
  • Consulting?  I already have one good consulting project.  If I could get enough clients, that could be workable.  Potentially, I could consult for buy or sell-side firms in investing.  I could also do that on the insurance side.  As it is, in most of my jobs, I acted as an internal consultant to the firm when weird projects would come up.  I love big, broad, unstructured problems.  Consulting could also go along with…
  • Writing?  I have a few book ideas, but that doesn’t pay.  I would be willing to consider “corporate blogger” type positions, but I have no idea whether any companies would want to consider me for that.
  • Publish a newsletter around my investing models?  I really don’t like this idea; I think most newsletters aren’t worth buying, and I am not sure I would want to be associated with doing writing one.
  • Work for the government?  Oddly, I have applied for an “Asset Management Specialist” position at the SEC, and have been talking with contacts that I have within the government about a variety of possibilities.  I’ve written enough about economic and finance reform — it may be time to move from theory to practice.
  • Other ideas?  You want me to work for you from a distance?  I will listen to proposals.

For the next month or so I am going to be batting around ideas.  After that, I will try to focus on the most promising ideas.  I welcome your support at this time of transition.  Feel free to e-mail me.

Again, thanks for reading.  My readers make my blog better.

Sincerely,

David

Disclaimer


David Merkel is an investment professional, and like every investment professional, he makes mistakes. David encourages you to do your own independent "due diligence" on any idea that he talks about, because he could be wrong. Nothing written here, at RealMoney, Wall Street All-Stars, or anywhere else David may write is an invitation to buy or sell any particular security; at most, David is handing out educated guesses as to what the markets may do. David is fond of saying, "The markets always find a new way to make a fool out of you," and so he encourages caution in investing. Risk control wins the game in the long run, not bold moves. Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. David is not immune to that, so please understand that any past success of his will be probably be followed by failures.


Also, though David runs Aleph Investments, LLC, this blog is not a part of that business. This blog exists to educate investors, and give something back. It is not intended as advertisement for Aleph Investments; David is not soliciting business through it. When David, or a client of David's has an interest in a security mentioned, full disclosure will be given, as has been past practice for all that David does on the web. Disclosure is the breakfast of champions.


Additionally, David may occasionally write about accounting, actuarial, insurance, and tax topics, but nothing written here, at RealMoney, or anywhere else is meant to be formal "advice" in those areas. Consult a reputable professional in those areas to get personal, tailored advice that meets the specialized needs that David can have no knowledge of.

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