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Asset Management Portfolio Guru Post TheStreet.com Columnist

Asset Management Portfolio Guru Post TheStreet.com Columnist. Portfolio Guru, LLC. The Basic Portfolio Guru Process. The Basic Portfolio Guru Process. Active Asset Management. Portfolio Construction. 3 Basic Account Structures. The “Magic” of Compounding.

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Asset Management Portfolio Guru Post TheStreet.com Columnist

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  1. Asset Management Portfolio Guru Post TheStreet.com Columnist

  2. Portfolio Guru, LLC Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  3. The Basic Portfolio Guru Process Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  4. The Basic Portfolio Guru Process Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  5. Active Asset Management Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  6. Portfolio Construction Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  7. 3 Basic Account Structures Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  8. The “Magic” of Compounding Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  9. The Classic Example:50 Years of Coca-Cola Stock Returns; Reinvestment vs. Non-Reinvestment Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  10. Strong Model Portfolio Performance:$100,000 Invested on October 4, 2011 = $132,545 Today Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  11. The Benefits of ACTIVE Management:2013 Has Been a Challenging Year for Fixed-Income Managers; Portfolio Reallocation Has Improved Model Portfolio Results Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  12. It Works in “Real Life”Changes to Guru Client 1’s Account Have Produced Instant Benefits Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  13. Agnostic As to Industry: Follow The Yield Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  14. Portfolio Guru, LLC Invests in Individual Companies:No ETFs, Mutual Funds, etc. Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  15. Love the Company; How Do We Invest In It? Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  16. Case Study: Miller Energy Resources • Bought Cook Inlet Drilling Assets out of Bankruptcy in 2009 • Very Little Production Entering 2013; “Sidetracking” Old Wells • High Debt Levels • Large Short Interest Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  17. Case Study: Miller Energy Resources • Finding a Catalyst is Always Key to Generating a Winning Position • Miller’s Catalyst: An Incredibly Productive Well • June 24, 2013: Miller Announces That Well RU-2A Is Gushing Oil… • IP rate of >1,200 BB/D; Greater Than Miller’s Prior Total Company-wide Production Rate • …Much More to Come • Potential for 10 More Wells Drilled by April 2014 • Production • April 2013 1,000 BB/D • August 2013 3,400 BB/D • Estimate December 2013 4,000 BB/D • Estimate April 2014 6,000 BB/D, • Proved reserves • April 2013 1.8MM • April 2014 POTENTIAL >12MM Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  18. Case Study: Miller Energy Resources • Key to Profitable Investing: Acting Rapidly on Ideas • Actual J. Collins Quote: “Whoa, This Is Going to Go Bananas!” • 3 - Step Process • Place Trades for Clients • Send E-Mail to PGPSubscribers • Share Insights on Miller in Real Money Column • Bought MILL in July/August @ $5-$6.60 per share/wrote calls ($10 strike; Feb 2014) • 10/4/13: MILL $8.39 JimCollins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  19. Case Study: Miller Energy Resources • Key to the Process: Identifying Undervalued Securities • High Yields Can be an Indicator of Buying Opportunity • “Found” Miller Energy via the preferred issue (MILL-C) • MILL-C: $25 Par; 10.75%; convert to MILL @ $10/share • Bought MILL-C in April/May @ $22.00 To Yield ~14% • 10/4/13: MILL-C $26.86 Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  20. Market Overview • Stock Market: Bearish • Valuation is a Concern: • S&P 500 YTD: Consensus 2013 EPS DOWN 4.8%, Price UP 15.6% • P/E Multiple ABOVE Historic Averages; 2014 EPS Estimates TOO HIGH • Margins at Cycle-High; Revenue Growth Anemic • Quantitative Easing: the Fed is Driving The Bus • What Happens When They Taper/Exit…and UNWIND??? • Myriad Governmental Externalities • Uncertainty About Affordable Care Act Restraining Hiring/Wage Growth • “D.C. Follies” Are a Huge Risk Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  21. Market Overview • US Treasury Market: Neutral • Short Rates: Effectively 0% until 2015 • Cash is Trash • If You Have $ in Savings/CDs…You Need to ACT • Long Rates: Likely to Rise, Albeit Gradually • Quantitative Easing: $3.5 TRILLION and Counting • No One Knows How To Unwind; It’s Never Been Done Before • “D.C. Follies” Always a Risk Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  22. Market Overview • Corporate Fixed-Income: Selectively Bullish • Special Situations • High Yield – Generally 8% or Above • Call-Protected • Discount to Face Value – Potential Capital Gain • Mezzanine Still Attractive • Equity Valuations Rich and H-Y Bonds Yields Near Historic Lows • Currently Buying/Reinvesting into Preferreds/Convertible Preferreds for PG, LLC Clients Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  23. Who Is This Man Who Calls Himself Guru? • 21 Years of Investment Experience • Completed All Requirements for CFA Charter • Investment Bank Equity Analyst,1992 - 2002 • Lehman Brothers (NY): Auto Parts • Donaldson, Lufkin & Jenrette (NY/London): Autos/Auto Parts • UBS (London): Autos/Auto Parts/Tyres • Private Investor, 2002 - Present • Personal Portfolio Composed Primarily of Income Securities • Options Trading; Front-Month, Out-of-the-Money a Specialty • Founded Portfolio Guru, LLC in 2011 to: • Publish a Newsletter (The Portfolio Guru Post) about Income Investing • Manage Money for Individuals • Columnist for Real Money at TheStreet.com since May 2013 Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

  24. Where To Find Jim Collins’ Work • The Portfolio Guru Post • Bi-Weekly Newsletter (subscription) • The Gospel of Income Investing • Company-Specific Analysis • Market Commentary • Model Portfolio Management • www.theportfolioguru.com Jim’s Column is Featured Three Times a Week at Real Money, the premium portal of TheStreet.com http://realmoney.thestreet.com/authors/jim-collins Jim Collins Portfolio Guru, LLC www.theportfolioguru.com 646 823 4598 artvandelay@theportfolioguru.com

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