The Patient Investor
The purpose of this website is to promote my book, “The Patient Investor”. The book details an investment approach that can be summarized by our investment philosophy, stated below:
Our Investment Philosophy
We invest in companies that have demonstrated a strong competitive advantage that is likely to be sustainable far into the future, are financially sound, have a strong position in a stable and highly profitable industry, and have good management - but only when their shares are trading at a discount to a conservative estimate of their intrinsic value.
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About Me
My formal training is as an Electrical Engineer, and I have worked in that field since 1992. My areas of expertise are analog circuit design - with a focus in phase lock loops and adaptive equalizers, primarily for Ethernet applications - and digital ASIC design for internet routers. I have always enjoyed innovation, and accumulated 18 patents over the years I have worked in the industry. More recently, I have been applying that same level of innovation to developing a strategy for successful investing.
My interest in investing began in 2001, when I saw the value of my stock options fall by 90% over the course of the year. Having learned the hard way that stocks do not always go up in price, I began to educate myself, starting with modern portfolio theory, but then moving on to value investing and behavioral economics. This last subject explained a lot of what happened in the late 90’s. I also gave myself a strong education in corporate accounting, including oft used methods of inflating a company’s financial performance. In the end, I came to the conclusion that I could get the best investing results by focusing on just a few of the best companies, as stated in our investment philosophy. So far, the results have been satisfactory, and to date, our companies are performing well during the global recession.
I can be reached at
