I am excited. For the longest time, I have received encouragement from readers urging me to start some kind of subscription service with premium content. I’ve entered the occasional licensing agreement here and there with some newsletter writers that wanted to include some of my freely accessible articles on the site, but I have not done anything to offer my own subscription service.
The reason for my hesitancy is that I wanted to come up with truly exceptional content that would make people feel comfortable paying money for the service. I never could bring myself to charge people to tell them to buy Exxon or Hershey—those kinds of insights are nearly self-evident and can be found throughout the internet on just about any finance website you find.
Since July 2013, I have been reading all of the premier books on accounting, studying the sectors of the small-cap universe that tend to have the most favorable economics, and taking tips from Thornton O’Glove on the specific criteria that enable investment advisors to choose specific stocks that beat the S&P 500 over the long haul.
I want to announce a new monthly service that will provide work I’m proud of—the absolute best, most obscure companies that I can find that are almost never covered by financial analysts and offer very promising potential for buy-and-hold investors over the next 10+ years.
In a recent interview, J.K. Rowling talked about the importance of having work you can point towards and say, “That’s the best I got. That’s my contribution to the world.” That is what I hope to do with The Conservative Investor Digest, which will give in-depth coverage of a specific stock that represents my best research.
The stock that I covered for the inaugural edition is quite special—it has delivered 26% annual returns since 1997, and currently has vastly understated profits because of a one-time licensing agreement payoff that is obscuring the profits so that they won’t show up in the financial portals. The company has over $180 million in cash, and only $1 million in debt. It took me three months to find it, and I look forward to sharing it with you.
For those of you that would like to subscribe to The Conservative Investor Digest, you can become a subscriber now at $9.99 per month (later editions may go up in price, but if you become a subscriber now, the price will remain the same for as long as you maintain the subscription.) If you just want to buy an individual edition of my research without becoming a monthly subscriber to future editions, you can buy an individual issue for only $16.99.
I will still continue to update the blog with insights on many large-cap stocks. However, The Conservative Investor Digest will be produced monthly, though periodically during periods of elevated valuations, for those of you that want access to the absolute best research I can provide on stocks that are small enough to be disregarded by analysts and have favorable economic characteristics that will generate returns in excess of the S&P 500.
As always, thank you for your support. I remember when I started this website in May 2013 and the site made something like $0.32 on the first day. Your continued support of this site has been a great incentive for me to keep writing over the past three years.
Thank you for your longstanding support, and as always, God Bless.
-Tim McAleenan Jr.