David J Hoare MSA

I spent 12 years as a Certified Public Accountant. I have over 25 years of practice in accounting and consulting as a controller in closely held operations, board member for non-profits and as the primary contact in governmental audits (IRS and state level). My education includes both a bachelors and masters degree in accounting. It is about the 'WOW' factor, deliver change that improves the bottom line. I care about success for the people I work with in business.

Purchased 114.9557 Shares of Union Pacific

From my Lessons Learned article posted a few days ago, I stated that I needed to have greater dispersion with my buy/sell trigger points in my model. Last year I wrote that my buy/sell triggers for Union Pacific were a 17% market price decrease from the prior peak and to sell at 100% of prior peak.

Purchased 48.9644 Shares of Essex Property Trust

A second purchased made at close of business yesterday is 48.9644 shares of Essex Property Trust, another REIT investment. The total cost per share including transaction fees is $204.23 per share (closing price is $203.23). Total investment in Essex is $10,000. Cumulative total investment in the Value Investment Fund is $20,000 as of 10/23/2020. I …

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Purchased 192.123 Shares of Equity Residential

This post is to record the value investing fund’s purchase of 192.12296 shares of Equity Residential, a real estate investment trust (REIT) for the value investment portfolio.  As a result of my ‘Lessons Learned’ article that will be completed and posted this week, I had to broaden my portfolio and include a counter cyclical portfolio …

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Value Investing CRUSHES the Dow Jones Industrial Average by 353%!

On October 22, 2019 the Dow Jones Industrial Average was 26,823 (market opening). Today, October 18, 2020 the Dow Jones Industrial Average is 28,607. The DOW improved 6.65% in the course of one year (technically 361 days). On October 22, 2019, I started out with $10,000 in a value investing based railroad fund. Today, the …

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Sold 49.060606 Shares of Norfolk Southern Railroad for a 14.97% Annual Gain

On 09/14/2020, Norfolk Southern’s price hit $220.13 at opening. I set my sell point via an automatic sell at $219.88 and thus the shares automatically sold at $220.13. After paying a $1 per share fee, the railroad fund that I write about on this site generated $10,750.65. My cost basis in them was exactly $10,000 …

Sold 49.060606 Shares of Norfolk Southern Railroad for a 14.97% Annual Gain Read More »

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