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Ryan Parker- Senior Portfolio
Manager of EquityBrief Capital Management
In the Spring of 1995 my father took me to an
investment workshop held by a Painewebber branch in Houston,
TX. I was only 17 years old at the time but he thought that the
financial markets may be something that would interest me and
possibly be a way for me to make a living in the future.
Interested isn't the word that I would use though. Fascinated is
more like it. The way the financial system intertwined and the
ability to calculate potential financial reward given the inherent
risk was exactly what I had been looking for. There were 3 traits
that I believe led me to this profession:
1. From an early age I exhibited an
entrepreneurial spirit. At the age of 10 I began buying and
selling sports cards and memorabilia successfully. I stuck with it
until the age of 20 and left the business because the sports card
market became saturated with too many options for collectors. Too
much product became available and demand stayed the same. The end
result was that prices fell and so did profit margins (my first
lesson in business and economics first hand). It was time to move
on.
2. One gift that had helped me
tremendously in the sports card and memorabilia business was my
photographic memory when it came to numbers. My first feat was
memorizing the stats of every player on every NBA team as well as
playoff results from 1965-1988 via the 1988 NBA almanac ( I'm
pretty sure that I could have stumped the Schwab on NBA trivia at
the age of 11). This also helped me to learn fractions and
percentages. I then began manipulating numbers in my head and somehow developed short-cuts in my mind
to come up with answers much faster than the methods I was
learning in school.
3. I have also been extremely competitive my
entire life. Sports was everything to me growing up and there was nothing
I hated more than losing. I refused to lose and if somebody told
me that I couldn't do something mentally or physically I was dead
set on proving them wrong. Aside from football and basketball I
became very involved in Tae Kwon Do (I brought home two bronze
metals from the Junior Olympics in Cincinnati, OH in July
1991).
Fresh out of school I attempted to land a job at
multiple nstitutional houses but was unsuccessful in my
quest. The attacks of 9/11 didn't help but the institutional houses I pursued
still seemed interested. However, the answer was always the same..... they wanted someone that
was more "trainable". At that point I came to the
realization that unless I wanted to give up on the system I had spent
years learning, I would have to venture out on my own. I opted
for the latter with the objective of bringing my research to the
general public.
I graduated with a Bachelor of Economics/Business Minor from the
University of Texas at Austin in the Fall of 2001. I passed the series 65
examination on May 7, 2003.
After
6 months of participation, I made my first appearance in the M100,
which are the top 100 performers of Marketocracy.com.
As of February 16, 2007, My Value Fund has been included in the M10 7 times and the M100
26 times and has returned 312.0% since its inception on July 25, 2001 while the S&P 500
is up 5.5%. My fund is currently ranked #31 for 5 year
performance. http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/wa/RankingViewPage?subject=4Years%20Rankings%201%20%2D%2020
Here is the link to my public page for my Value
Fund: http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=CbAbFjOoDlFpDlKoMaKiAbOa/maxDays=10000
I run two other virtual funds on Marketocracy.com
aside from from my Value Fund, both have also achieved 100%+
returns since inception. As of February 16, 2007 my Aggressive
Growth Fund was up 156.1% since inception on 10/10/02.
Here is the link to my public page for my
Aggressive Growth Fund which has been included in the M100 9 times,
M10 once, and Tech10 4 times. http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/FundPublicPage/source=AfPbAfJdDnKgEhLlMaKiAbDe/maxDays=10000
With over 65,000 funds participating, it is both a
pleasure and an honor to be included in Marketocracy.com's M100
list of elite performers. These
three funds have different objectives and have achieved these
returns with vastly different holdings. Occasionally, one stock
will be held in two funds but it is very rare for one stock to be
held in all three funds.
My fund spotlight interview with Marketocracy: http://www.marketocracy.com/media/pdf/fundspotlight/rparker2.pdf
EquityBrief.com- Our Strategy
Eugene Fama is one of the most influential academics of our time. In 1970, he published "Efficient
Capital Markets: a review of theory and empirical work". It
was in this work, that the infamous Efficient Market Hypothesis
was born.
The Efficient Market Hypothesis states that the
current price of a security reflects all the information currently
available about that security, including risk. The entire premise
of this theory is that no group of investors can consistently
achieve superior risk adjusted rates of return by use of technical
and/or fundamental analysis. Auto correlation tests, runs tests,
and event studies tests have all unanimously supported the
Efficient Market Hypothesis. However, cross sectional and time
series tests have called the accuracy of the EMH into question.
More specifically, it has been proven that smaller firms (market
cap size) and neglected firms (covered by a limited number of
security analysts) have consistently experienced significantly
larger risk adjusted returns. For this reason, we strive to
provide information on stocks that we consider to be under the Wall Street radar. In our view,
if Wall Street knows, the upside potential for returns is quite
limited. Therefore, our focus falls primarily on small cap stocks (market caps under $1 billion).
As of February 16, 2007 the EquityBrief.com model portfolio
has produced a 189.30% return
since inception (June 20, 2002) vs. the S&P 500 appreciating
44.64%. These numbers
are based on a $50,000 portfolio, include a $22 round trip
commission for each trade, and $19.95 monthly membership fee.
Here is a list of our biggest winners here at
EquityBrief.com:
Premier Exhibitions (PRXI)- 116.8%
Sonic Foundry (SOFO)- 82.9%
Dyadic International (DIL)- 105.3%
Elan Jan. 2007 $7.50 Calls (VBZAU)- 250.9%
Commonwealth Biotechnologies (CBTE)- 303.9%
Tripath Technologies (TRPH)- 230.0%
Silicon Image (SIMG)- 135.8%
Viisage Technologies (VISG)- 174.6%
PacificNet (PACT)- 62.3%
Mission Resources (MSSN)- 68.5%
StockerYale (STKR)- 110.6%
Coeur D Alene Mines (CDE)- 189.3%
Bema Gold (BGO)- 121.2%
SRS Labs (SRSL)- 123.2%
Eagle Broadband (EAG)- 117.4%
Sonus Pharmaceuticals (SNUS)- 108.6%
Golden Star Resources (GSS)- 168.5%
Arotech Corporation (ARTX)- 136.7%
Evergreen Solar (ESLR)- 96.9%
Harvest Natural Resources (HNR)- 127.2%
Sigma Designs (SIGM)- 95.1%
SeeBeyond Technologies (SBYN)- 106.1%
Sonic Solutions (SNIC)- 116.0%
ON Technology Group (ONTC)- 68.2%
Emerson Radio (MSN)- 64.5%
Neurobiological Technologies (NTII)- 174.4%
Flamel Technologies (FLML)- 91.4%
Indevus Pharmaceuticals (IDEV)- 107.6%
Qiao Xing Telephone (XING)- 175.6%
Zila Pharmaceuticals (ZILA)- 158.6%
* A
complete list of every model portfolio position that has been
closed out is available in the archives section of our site under
"past performance".
With past experience as a professional trader, I
now make a living as Senior Portfolio Manager of EquityBrief
Capital Management with the information
that I provide on this site. I have achieved success through my
own trials and tribulations in the market. This gives me a
different view on the market as opposed to analysts and
journalists who make recommendations but rarely actually follow
their own advice for one reason or another. How would Henry
Blodgett and Jack Grubman have done if they actually had to make a
living off of their own advice? They would have been flat broke.
Instead, they still got paid even though they were wrong. This is
why I believe that my interests are in line with those of my
subscribers.
We also provide our in house research views on our favorite stocks to our subscribers. If investors were to
purchase these reports from investment services, they could pay as
much as $150 each. We charge a mere $20/month for unlimited access
to our unbiased reports.
Market direction can be valuable information to
anyone that follows the market. We
use our expert technical analysis to determine market direction
and pass our views on to our subscribers for informational and
educational purposes. Below is the link to my 2004 market
forecast.
http://www.equitybrief.com/Archive/eb01052004.htm
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