Hi, My Name is Mike Lipka
I started investing in 1996 - my first pick, Applebees ($APPB), went down 25% the day after I bought it on the back of a bad earnings report. After this experience, I realized I didn't know anything about what I was doing and I started my lifelong journey with becoming a better investor.
I've had a lot of success with investing (I turned $4,000 in 2003 into $45,000 in 2005 and then $8,000 in 2009 into over $3 Million in 2015), some epic failures along the way (I lost over 80% of my money in late 2015/early 2016), and even more epic comebacks (I made back all of those losses and went on to 20X my money again). But more importantly than all of this is the simple fact that investing has given me the freedom to live a life on my own terms and it can do the same for you.
As an investor, I've become frustrated with the investing sites out there. Yahoo Finance turned into an ad wasteland, Seeking Alpha and Motley Fool are riddled with pump articles to help their authors get out at a profit, and Youtube is littered with Engagement videos that focus on terrible companies that are popular on Reddit's Wall Street Bets. And most other websites are focused on pushing newsletters.
With two kids now, my mission has been to create a valuable resource on investing for them and anyone just getting going with investing, as well as for people that are hungry to learn about investing and about achieving financial freedom. Investing has provided me with so much in my life and I want to give back to others. THOT will be a platform for investors and traders to learn the fundamental building blocks of investing.
My mission is simple:
To give people the tools they need to make their own investing decisions.
My core values:
Honesty
Integrity
Hard Work
Helping Others