EXECUTIVE SUMMARY

Investment professional with over eight years experience in stock investments and seven years of experience in real estate investments. Strong results in uncovering inside sources, modeling business plans, and identifying strategic advantages and catalytic events. Uncovered numerous inefficiently priced small to large cap companies capable of sustained growth in diverse sectors. Advanced training in public affairs. Skilled financial educator. Continually strive to become more automated, for example, learned enough Dreamweaver MX to create and maintain own web site and installed NetMeeting capability on laptop.

EDUCATION

Harvard Business School, Boston, MA (1982-84) Masters in Business Administration. Second Year Honors. Second year electives included: The Analysis of Corp. Financial Reports, Investment Analysis, Corporate Finance, Cost Accounting.

University of Southern California, Los Angeles, CA (1975-77) BA Psychology. Broad natural as well as social science curriculum. Phi Beta Kappa.

KEY PROFESSIONAL ACHIEVEMENTS

Extra research efforts sifting through publicly available information has paid off in individual stock selection and market strategy calls; some examples: Successfully accumulated certain high tech chip companies around the time of their deep dip in summer 1996, certain natural gas exploration and production companies during highly depressed oil and gas prices in 1998, and certain financial companies on their deep sell-off following the Russian and Long Term Capital management crisis in 1998. Been seasoned by observing numerous market anomalies and comparing them with major Wall Street fundamental and technical research. Examples include observing oil and gas and precious metals prices drop from twenty year to nearly fifty year inflation-adjusted lows in the 1997-1999 period (with smaller resource company stock prices following), while simultaneously watching Internet and telecom stocks rise from absurd valuations to insanity during the great 1995 to 2000 Bubble Market. Macro-economic structural issues: On own initiative anticipated such issues as potential dollar slide and successfully began investing in large cap gold stocks and foreign bond funds beginning in late 2001-mid 2002. Often weigh out-of-consensus views as an empirically-supported analytical approach.

...Extra research efforts have also helped in playing defense; some examples: In late 1996 toured an analyst’s “A”-rated gold mine with a newsletter writer and the gold mining company’s CEO, discovered through other sources that company was actually in trouble. Prevented investors from riding stock all the way down to zero. Given the level of disinformation and wishful thinking that often exists on many levels, this raises question about how much one can really know about any particular company without thoroughly studying its sector, its financial statements, or making on site visits and really getting to know its management team and even its suppliers and buyers. In regard to various aggressive growth mutual funds, by mid 2001 had substantially reduced client exposure in favor of income funds, high dividend-yielding stocks, investment grade corporate bonds, closed end foreign bond funds, and various commodity-related funds that included precious metals and the oil and gas sectors. Was key person to get short-selling Prudent Bear Fund selling agreement in place with firm by Nov 2001.

Modeled complex business situations: Media/telecom company example: Modeled cash flow impact of time-phased conversion from microwave towers to satellite distribution while a Senior Financial Analyst at CBS in NYC. Built models from ground up. Real estate examples: Modeled properties with 10-year spreadsheet analyses that included time phased income and cash flow statements, balance sheets, and investment evaluation measures. Analysis of an approx. 200,000 sq. ft office warehouse property procured a $12 mil all cash offer (owner's asking price) from a national investor. Also modeled a proposed $60 million USMC HQ complex in Washington, D.C.

PROFESSIONAL EXPERIENCE

Financial analysis and marketing for robot company. (April 2004-Sept 2004). Worked on a contingency basis to source prospective nonprofit and corporate joint venture funding for a Seattle-based robot/aerospace company. To help develop the "package," canvassed SBIR award recipients for possible project partners and key decision-makers in Air Force and nuclear waste clean-up industry for possible end-users. Examined state of the art end effector applications pertaining to laser de-painting and nondestructive inspection. Created spreadsheet pro formas for prospective venture capital firms.

America First Trust, Vancouver, WA (2002-present) Vice President, Investment Strategist. Publish investment strategy overviews. Managed retail accounts as a registered representative with Sammons Securities LLC (Jan 2003-May 2005)..

Paulson Investment Company, Portland, OR (2000-2002) Investment Executive/retail stock broker. Selected stocks in diverse sectors. Worked with hedge investments as well as certain IPOs (Paulson is a national leader in the $5-50 million market cap niche). Advisor to 401K plan. Prepared asset allocation reports and managed diversified mutual fund portfolios. Sold life insurance.

Morgan Stanley, Portland, OR (1994-2000) Financial advisor/retail stockbroker. Helped over 200 individuals structure portfolios to meet personalized needs, ranging from aggressive option traders and short-sellers to elderly buyers of fixed income products. Organized and led financial seminars. Worked with contrarian and value investments as well as certain Morgan Stanley IPOs.

Independent Real Estate Broker and Consultant, L.I.C., NY (1989-1994) Sourced and negotiated leasing deals for commercial/industrial spaces in Queens and Manhattan. Constructed dozens of spreadsheet analyses of large, multi-tenanted properties (25,000 to 600,000 square feet).

Greiner Maltz Realty, Queens, NY (1986-1989) Real estate salesman and broker. Sold warehouse/industrial properties in the $1.5 mil to $2.5 mil range. Negotiated over eight leasing deals. Created reports using standard appraisal techniques.

CBS Senior Financial Analyst and Documentary Filmmaker, NY, NY(1984-1986) Modeled cost conversions and provided monthly forecasts and variance analyses for network transmission facility budget centers for a year. Completed independent investigative documentary project in 1986.

United States Marine Corps Reserves (1978-1998) Captain and Major, USMCR (1982-1998). Honorable discharge in 1998. Held leadership positions in the intelligence, logistics, supply, fiscal, and legal fields. As a 2nd Lt., graduated in top 10% of The Basic School and earned a Regular Commission. Turned around a Brigade HQ supply account from "unsat" to "all categories outstanding" in eighteen months. Member of Public Affairs units in Boston and Manhattan (1982-1989). Co-leader of “hot seat interview” training while member of a Manhattan-based public affairs unit whose annual week-long "meet the press" clinics for Marine commanders featured presentation skills seminars led by civilian experts.

INTERESTS
Long distance running. Like to travel. History buff, particularly in regard to topics related to exploration, entrepreneurial innovation, and military and business strategy.

Flag carried by the 3rd Maryland Regiment at the Battle of Cowpens, S. Carolina, 1781

© William Fox. Sometimes William Fox offers viewpoints that are not necessarily his own to provide additional perspectives.