orthopa

Always a good read, thanks.

I like to invest in companies that are the sole-source or the best source of a product as well. Spices - MKC Salvage Parts - LKQ High fulfillment auto parts - ORLY Fasteners - FAST This thread will probably end up one of those "companies with a moat" threads... Not to highjack the thread.... Ross812 Im going to take advantage of your suggestion to ask about your holdings. ;) I have been looking at FAST and going to initiate a position this week. Near a 52 week low it seems to offer value relative to other multiples it has traded. The business seems intact and historically has had great ROE/ROIC which I think it can continue as the business grows, are we just seeing a repricing of the business multiple wise in your opinion? If anything the dividend looks pretty attractive as that should increase nicely in the future. Thanks.

Interesting thread.... 34 yo, married no kids in Western New York. 11.5k property taxes 500k assessment 6k mortgage 30 yr 1k home owners insurance 3.5k utilities 1.2k car insurance No car payments 4k groceries 2-3k on vacations ~1.5k on car maintenance? oil changes etc, 4k a year combined on gas expenses. 1.5k a year eating out. 2-3k maybe for clothes/gifts for the year. I'm sure I'm missing some odd stuff that comes and goes but that's the major stuff. We run a pretty tight ship with our income. We are able to invest 2-3 times as much a year as a result. Spent first 2-3 years paying down house significantly then refinanced now rest goes to savings.

Just wanted to formally introduce myself. I've been a lurker for nearly 2 years and learned a great deal. Hopefully I'm able to give back over time more then I have taken. I'm 34 and started managing my own money 5 years ago. I'm a physician assistant working in orthopedic surgery currently in a medical school transition program (thus the handle) but an investor at heart. Looking back I should have gone the business/MBA route but the silver lining is my profession has allowed me reasonable capital to start to compound money. My biggest holdings by far in my portfolio are PM and MO, (then AIG-WT and BAC- WTA in size). Ironic for a healthcare professional but I see the strength of the business everyday and love the economics of the business. Im a value investor at heart but love dividends. My biggest mistake this year was OCN although I thankfully got out with a 15% loss. Best gainer this year has been MO. I look forward to continue learning and adding meaningfully where I can. :)