TMFOHCanada

Iain Butler

General Information

Name:
Iain Butler
Fool Since:
November 26 2012
Where I Live:
Collingwood
Where I Grew Up:
RR#3 Clfford, Ontario
Gender:
Male

Investing Basics

Investing Experience:
High
Risk Tolerance:
Medium High
Investing Style:
Value Investor
Portfolio Size:
Large (12 or more Stocks)
Types of Investments:
Long equities, long/short options
Stocks I Own:
ERII, NNVC.PK, GALT, ISCO.PK, AVXL, BTX, TSE:PZG, TSE:PIF, TSE:PSD, TSE:GUD, CVE:WED, TSE:SCL, TSE:FIH.UN, NKE, TSE:CGX, QSR, KMI, TSE:ALA, TSE:TEV, MFC, SHOP, TSE:MTL, TSE:SIS, TSE:NWH.UN, TSE:APR.UN, TSE:PSI, TSE:FRII, TSE:PTG, CVE:PYR, CVE:M, TSE:SMU.UN, TSE:BDI, TSE:GMP, SBUX, NTR, GME, APPN, CVE:VENZ, TSE:SAP, MDB, TSE:ATH, TSE:ESI, TSE:OGI, CVE:KSI, CVE:ENW, VET, QTRH, BPY, CVE:ATE, EA, CVE:PAT, BL, HHC, BIDU, CVE:MCLD, TSE:TCL.A, AAPL, MTN, DIS, LVMUY.PK, NTDOY.PK, TSE:RAY.A, TWTR, TSE:CKI, Short April 2020 $24 puts on BPY, Long April 2020 $5 calls on TSE:CPG, Short April 2020 $17 puts on TSE:WTE, Short April 2020 $72 puts on BNS, Short May 2020 $34 puts on EBAY, Short June 2020 $8 puts on BB

Investing Expertise

My Area of Expertise:
Equity research
Worst Investment:
Many
Money I Manage:
Personal portfolio(s)

Education And Work Information

School(s) Attended
Wilfrid Laurier University
Job Title
Investment Analyst
Company / Organization
Motley Fool Canada

An Interview with TMFOHCanada

Last updated: 1/2/2013
The Fool:
If you could change one thing about your workplace, corporate culture, or family life, what would it be?
TMFOHCanada:
Given that I am working from home, amazingly, one change would have an impact on all three. The thing that I would change is the temperature. Basements in houses built in the 1940's are not warm. This house is no exception!
The Fool:
What on Wall Street today is most suited for reform?
TMFOHCanada:
Compensation models. They do not jive with the best interests of those being served.
The Fool:
How do you define success?
TMFOHCanada:
Being excited to get out of bed every morning!
[Read the full Interview]

My Story

I grew up in a rural portion of Ontario, Canada. The jobs I had in my younger years mostly consisted of physical labour and required a shower at the end of the day. Though many of the characters that have cropped up over the years in the financial industry probably could have used a shower at the end of their day for the way they treated their clients, it was my intention to find a career that allowed me to come home clean! My interest in investing took off in university and I have been employed in the investment industry for essentially my entire career. It is an industry that is constantly evolving and requires ongoing education and a commitment to personal development. I look forward to sharing my experiences and research with a broader community, and leveraging the collective wisdom of this community to further my development as well.

How I Invest

It has been driven into me that before moving forward with a decision all variables must be considered in the analysis. This approach can lead to missed opportunities in faster moving markets, but I would prefer to miss out on an opportunity than overlook a glaring issue with a potential investment. I always do my best to understand the risk/reward trade off before making a final decision. Valuation and margin of safety are paramount, along with very low financial risk. While the bulk of my personal portfolio (in terms of asset allocation) is made up of fundamentally sound entities, I also believe in allocating a small portion of capital to companies that have the opportunity to provide multi-bagger type returns over the long term. Not all of these more speculative bets will work out and capital impairment can be expected, but I expect that the combination of cheaply valued, income producing, low financial risk businesses, mixed with the odd chance at a home run will achieve my long term goal of beating the market's historical annual return of 8%.

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