FAQ

  

My wife and I know nothing about Risk management and investing. Can your program help? 

I work with investors to teach them business analysis and business valuation. This is nothing like what a Financial adviser does, it is what business people and professional investors do. Financial advisers will typically place funds into a diversified portfolio. They define risk as volatility – movement in price up or down and reduce this risk (price variation) by having your investments spread thin. This does not address market risk, if we go into recession and all asset prices (stocks) fall, your portfolio will decline. There are much better ways to manage risk. They buy more of a stock when prices decline and sell when prices rise. Note: This is the opposite of what you would do in anything else in life – do more of what works and less of what does not. This destroys compounding, which is what makes you rich over time. Price changes tell you nothing about the riskiness of the investments. Analysis of financial statements and strategic position tells you that. My program teaches all of this. 


We neglected to start correcting our finances until our late 30’s. Is it too late to start investing? 

The earlier you get started, the easier it is to build a retirement fund. However, the longer you wait to get started the more important it is you that you get started immediately. Compounding build wealth and it requires time. The less time you have until retirement, the more you will have to save or the higher rate you will have to obtain or both.


Why would I choose a small business to handle my risk management opposed to a big banking institution? 

If you don’t want to put any time or effort into it and market average returns are okay with you, you should probably use a financial adviser and put your money in index funds, not mutual funds. Index funds and mutual funds typically get market average rates, but mutual funds charge more fees. If you want or need higher returns than the market average, you have two options – 1) invest in a hedge fund if you meet the requirements 2) Learn to be self-reliant and confident in your decisions and risk management skills. A key difference is that I do not manage your money for you, I teach you how to manage it yourself with lower risk and higher return than a mutual fund.


What can I expect to accomplish after taking your 12-week course? 

You will be able to know a good business from a bad one very quickly. You will be able to tell a good price from a bad price with minimal work. This is different from a lot of programs I have seen online – they teach techniques and ignore fundamentals. If you do not understand fundamentals, techniques will not work. You must understand the why behind the things you do. 

I take you through being able to find  great companies with a great risk/return tradeoff. Value the company based on its cash flows or dividends. And manage risk further using key prices and statistical tools on the chart. 

You will be able to perform financial and strategic SWOT analysis using financial statements and strategic concepts like Porter’s Five Forces. You will understand financial statements, where to get them, how to use them, and how differences in capital structure or accounting practices can make a business look more profitable than its competitors when it is not. 


How can your one on one consulting help me out? 

This allows me to work more directly with you and your investments. I do not recommend stocks for you to purchase. This would not teach you anything. Instead, I ask you to find companies you would like to invest in and I perform analysis on them, giving you my recommendation. 

If you prefer not to sit in structured classes I can work with you one on one. Besides being one on one, this service allows me to work with you more closely on your short-term and long-term goals. You may have specific questions or want to learn specific techniques, working one on one lets the client define the direction, scale, and scope of the conversation. If you are a complete beginner this may be better suited than a formal class where you may not feel ok with asking questions. If you are more experienced, the class may be too simplistic

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Testimonials & FAQ

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Auriane

 "It’s been a pleasure working with Mike! He has a wealth of knowledge in finance and investing and although I am very novice to this field he was able to level down to my level, explaining terms I was unfamiliar with. While finance can seem monotonous and complicated his style of teaching is very easy to follow. Thank you!  

Cam

 "Mike has a very powerful and unique way of approaching finances that really makes you think. He is, without a doubt, very knowledgeable in this area and I have had the privilege of experiencing some of his classes. There are a number of excellent takeaways and new bit of information I hadn't ever considered each time I go through a course." 

Have you ever wondered how Warren Buffett knows a good deal when he sees it? Are you ready to start understanding business and investing? I don't deal in abstract terms, portfolios, and average returns. I deal in individual business analysis and managing risk in a very tightly controlled way that does not reduce my returns. Think of me as your personal financial analyst. 

Accomplishments

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Professional Experience

Outside of my extensive formal eduaction, I am highly experienced in warehouse logistics, and have researched corporate governance and incentive mechanisms in depth.

Cost Accounting - Reconciled numerous accounts, including foreign accounts, and tracked costs.

Trading/research -  All investments sold in 2018 beat the market by 3 to 10 times, no losses. 



Savings Goals?

Helped a client formulate a savings strategy and track progress for a large savings goal. 


Use investments to pay off debt faster and/or fund vacations


Retirement funding, inheritance or legacy funding,