WE DO NOT GIVE A DAMN WHAT EVERYBODY ELSE THINKS
Feb. 2011 White Knuckle Bullish / Hug Leaders Positive call on GE, others
Aug. 2011 By Any Means Necessary BULLISH call when U.S. downgraded
Mar. 2014 Watch Out For CRAP Caught Bad FX Hit 6-9 months early
Oct. 2014 Houston, We Have A Problem Oil at $70 bothered nobody for 6 mos.
Jan. 2016 Batten Down The Hatches Called weak January, S&P dropped 8%
May 2016 Watchful Waiting Trump could win Presidency
Jun. 2016 Brexit! No Big Deal
TEN TRADES THAT MATTER
Recommendations geared to risk adjusted returns
3Y, 1Y time frames, pair trades
BETTER ORGANIZED, CONCISE ANALYSES 100% WRITTEN BY SENIOR ANALYST
(MILINT principles = see Intelligence collection process)
Industrial Strategist (Only full sector strategy offering. Combines top down macro w/bottom up surveillance and trades).
Integrated Company Dashboards (3 in 1 report – quarter, company trends, segment deep dive).
ROIC / Economic Profitability (20+ years, un-restated).
Network – we prefer field work to speaking with companies.
PORTFOLIO ADVISORY SERVICE
Minutiae kills. Ten key decisions a large cap portfolio manager must get right drives our Industrial Strategist field work.
Ten Key Decisions
Portfolio Manager Focused
Proprietary (Only clients receive)
Disciplined, multi-method structure supports Portfolio Advisory Service and trading calls.
FCF Yield (Electricals)
ROIC / ECONOMIC PROFITABILITY
Our library of financial analytics on key names with hand-entered, non-restated financials. Unmatched by any competitor. Enables a superior estimate of earnings power and value. Data from 1989 and in some cases earlier. Full analyses provided to clients upon request.
Water (corporate disclosure) shapes its course according to the nature of the ground (internal company dynamics, current conditions) over which it flows (filings, press releases, IR); the soldier (analyst) works out his victory (anticipation not reaction) in relation to the foe (consensus, herd mentality) whom he is facing.
Sun Tzu, The Art Of War
As modified by Langenberg & Company