I started the goodBUYreport to give myself a place where strong stock ideas and market insights would come first (instead of endless promos and spammy emails).
But the first thing you should know is that I'm not a financial advisor, a stock broker, or financial advisor. I hold no such licenses.
What I do have is...
- Lots of experience - and hard-won success - at making money in the stock market.
- The good fortune of being able to accelerate my learning process by being a (former) award-winning financial journalist.
- A passion to communicate my insights, strategy, and decision-making process in plain language - so you can become a better investor/speculator yourself.
My journey to becoming an investing guru had lots of side trips.
When I graduated from college (University of Florida, 1987) with a degree in telecommunications, my only goal was to be a great journalist and tell important stories.
I was fortunate to quickly land a position as a reporter at a television station in Mississippi - and gradually worked my way up the local news career ladder, winning awards from the Associated Press and UPI for my work.
But soon enough I developed a career-altering addiction - to the stock market and financial news!
I talked my way into a position with a then-dominant stock market news program on PBS called Nightly Business Report.
In the early 1990s, when I joined NBR as a reporter and backup anchor, the program (which went off the air in 2020) had a nightly viewership of more than 1 million households a night.
But I soon found myself as passionate about identifying winning stocks as the people I was interviewing in my news stories.
I came to the right place.
One of my early mentors was Paul Kangas, NBR's longtime anchor (and a former stockbroker himself) who had large portions of his considerable net worth in the market.
See the "Best of Good Buys" page for a story and tribute about Paul, a pioneering financial journalist and anchor.
I was fortunate to be able to toss questions, either in press conferences, satellite talks, or in-person "sit down" interviews, at the likes of Warren Buffett, Michael Dell, Bill Gates, Sir Richard Branson, Steve Forbes, Steve Case, Sumner Redstone.
I learned even more from spending hours in phone calls with legions of Wall Street strategists and analysts - people like Ed Yardeni, Bob Doll, Bill Gross, Bob Stovall, Sam Stovall, and many others - who shared their detailed knowledge and market lore.
Along the way I collected more awards from the New York State Society of Certified Public Accountants (NYSSCPA) (on bond investing).
I was even nominated for National Business Emmy Award nomination for my reporting on America's infrastructure problems. My competitors were reporting teams from CNN, Fox, CNBC and the major TV networks.
But the stock market soon became my first love. I settled into a pattern - reporting on market events by day - while at night researching my own investing ideas.
I made my share of mistakes. But I had enough successes that, through a combination of investing and saving, I was in a position where I didn't need to be a financial reporter anymore.
By 2010, I was ready to go my own way and depart Nightly Business Report, and take the path of being an independent private investor and later - newsletter writer and publisher.
A Long Time Coming
For more than a decade now, I've been helping ordinary investors make sense of the stock market, and identify the best stocks to buy.
It's all based on my own "fusion" method of successful investing and trading, combining the best of both fundamental and technical analysis, with a large emphasis on controlling risk.
That's what my goodBUYreport is all about.
For the past decade, I was a featured stocks guru and newsletter editor, with tens of thousands of subscribers, at leading investment sites like Banyan Hill Publishing...
As well as Newsmax Financial...
And most recently a publishing firm called WealthPress.
They're all fine folks. Unfortunately, the trend within the financial newsletter industry is for publishers to put their marketing focus on promoting the sizzle (greed) in order to quickly bring in thousands of paying-subscribers at a clip.
Promoted Stocks = Poor Value
I did my share of those. Inevitably, I'd spend months researching fantastic stock ideas with strong growth, good value for the price, and the right technical formation on their charts.
Then months would go by. And even more months... while the newsletter braintrusts develop their hyped-up idea for a promo.
Much of the time, when the promo was finally ready for its internet debut - those same stocks were already far higher, with the best gains fully reflected in the price.
Does this sound familiar to you?
With the goodBUYreport, I want to avoid that possibility at all costs.
The second reason for starting the goodBUYreport...
I noticed a repeating pattern. A publisher would invite me to join his shop, with lots of promises made. But eventually business conditions change for one reason or another.
Promises are forgotten. Other priorities take hold.
Just like that, a decision is made to stop publishing a newsletter like mine, leaving thousands of paying subscribers - with portfolios of stocks I told them were good buys - left to twist in the wind.
To circle back to this website...
I want to do it right.
I want to give myself and my subscribers a home that can't be taken away.
I want to focus on promising stocks free of "promotion hype" that have the best odds of heading sharply higher.
I want all of us to meet our financial goals for creating a better life for ourselves and our families.
That's what the goodBUYreport is all about.
Best of Good Buys,