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The DIY Investing Podcast

Do you want to learn how to manage your own investments? Are you ready to stop paying investment management fees and start building wealth? The DIY Investing Podcast is dedicated to providing you with the knowledge, skills, and resources you need to be a better investor. Learn how to make investments through the use of fundamental analysis, mental models, and business management insights.

 

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  1. All Episodes
  2. 48 - David Flood Interview: Dark Stock Investing ($PLWN, $BVERS, $NTIP, $MIRI, $HMGN)

48 - David Flood Interview: Dark Stock Investing ($PLWN, $BVERS, $NTIP, $MIRI, $HMGN)

Oct 27, 2019

How to connect with David Flood (Elementary Value)

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Show Outline: Interview with David Flood of ElementaryValue.com

The full show notes for this episode are available at https://www.diyinvesting.org/Episode48

Part 1: David Flood's Investing Process

  • How have you developed as an investor over time?
  • David Flood's Investing Process:
    • Basket of Stocks (20-30+ positions - 2.5-5% each)
    • Overlooked stocks (Low liquidity, sub $10 million market cap)
    • Deep Value
    • Price charts to identify stocks at all-time lows and long-term base
  • Investing in Net-Nets vs Nano-Cap Chart-based deep value
  • SEC seeking to ban quotation of Dark Companies
  • Wants to find and own companies no one else has written up

Part 2: Example Stocks

  • Pinelawn Cemetary ($PLWN) - Dividend yield of 9-10%, nearly zero liquidity
  • Beaver Coal Co. ($BVERS) - Misunderstood land company 50,000 acres diversified with coal, gas deposits, timberland, log cabins, and mobile home parks
  • Network-1 Technologies ($NTIP) - A net-net with catalyst. Cash bucket patent troll.
  • Mirriad Advertising (LON: $MIRI) - Video insertion tech company partnered with Tencent
  • Hemagen (HMGN) - Market Cap: $155k USD. Dark since 2013.