General Information

Name:
Michael Hooper
Fool Since:
February 17 2013
Where I Live:
Topeka, KS
Where I Grew Up:
Clarinda, IA
Gender:
Male

Investing Basics

Investing Experience:
Medium High
Risk Tolerance:
Medium
Investing Style:
Value Investor
Portfolio Size:
Large (12 or more Stocks)
Types of Investments:
Consumer Non-Cyclicals, railroads and beer stocks
Stocks I Own:
HSY, SJM, CHD, SAM, BKE, BRK-B, PEP, KO, UNP, CP, CNI, JNJ, CVX, COP, PSX, CAG, MCD, RAI, D, CL, XOM, WR, NSC, BDX

Investing Favorites

Stocks:
HSY, SAM, BRK-B, KO, UNP, CNI
Industries:
Consumer Staples, Transportation,
Books:
"The Making of an American Capitalist" by Roger Lowenstein.
Magazines:
Kiplinger

Investing Expertise

My Area of Expertise:
Value Investing
Greatest Investment:
Wrigley (WWY) and Berkshire Hathaway (BRK-B)
Worst Investment:
Pain Management Solutions
Money I Manage:
Family Portfolio

Education And Work Information

School(s) Attended
University of Nebraska-Lincoln, Central Community College, Hastings, Neb., and College of Financial Planning, Denver.
Job Title
Freelance Writer
Former Jobs
Trust Officer at GTRUST Financial Partners; Business Editor, The Topeka Capital-Journal

Interests

Personal Quote:
If we endeavor to write down a plan to reach our goals and work the plan daily, we will walk in the direction of our dreams. --Michael Hooper
My Interests:
Investments, poetry, art, post-punk music, great books, biographies.
Person(s) I'd Like To Meet:
Max Perkins, Ernest Hemingway, Benjamin Franklin, Henry David Thoreau, Ralph Waldo Emerson, Mark Twain, Helen Keller, Ray Bradbury, Thomas Jefferson, Cleopatra, Homer Croy and Sister Loretto Marie Colwell.
Favorite Restaurants or Foods:
Sam Adams Beers
Favorite Vacation Spots:
Puerto Rico, Minnesota
Favorite Sports or Teams:
Golf Golf Golf. The Kansas City Royals
Favorite Movies:
The Big Lebowski
Favorite Board Games:
Monopoly
Favorite Music or Musicians:
Joy Division, R.E.M., U2, The Millions, For Against, Digital Sex, The Beatles, Duran Duran, Flock of Seagulls, '80s music
Great Books Read Recently:
Benjamin Franklin: An American Life by Walter Isaacson
Book Currently Reading:
Max Perkins Editor of Genius, a biography by A. Scott Berg.

An Interview with ScoopHoop

Last updated: 9/18/2013
The Fool:
Tell us a joke (bear in mind this is a family site.)
ScoopHoop:
Wife: Why are you four hours late?
Husband: We went gambling, saw pretty girls, drank beer.
Wife: You Played 36 holes of golf. Didn't you?
Husband: Yes, but at least I was getting exercise.
The Fool:
What is your most distressing regret?
ScoopHoop:
Selling Apple (AAPL) at 18 per share after buying it at 14. Not finishing the Omaha Riverfront Marathon in 1983 after hitting the wall at 22 miles. I regret the unfinished marathon more than the $100,000 I missed out on from selling Apple stock.
The Fool:
What, in your opinion, are some of life's big mysteries?
ScoopHoop:
Why are some people poor and others rich? Why did the Aztecs, the Egyptians and the Myans all build pyramids?
[Read the full Interview]

My Story

I have worked as a reporter, business owner and investor for the past 25 years. I got involved with investing after reading an article about a traveler who lived on his stock dividends. I bought my first stock -- Motorola -- in 1993. I sold it as I switched out of technology stocks in the late 1990s and invested in Berkshire Hathaway, Coca-Cola and Wrigley. Wrigley was my best stock until company was bought by Mars.

How I Invest

I invest in companies with minimal or no debt, that generate massive amounts of cash, have big margins and don't get in trouble with the government. I look at pure fundamentals with little emphasis on technical analysis. I favor best-of-breed businesses. My favorite sector to invest in is Consumer Non-Cyclicals such as Hershey (HSY), Church & Dwight (CHD) and Smucker (SJM). I also like railroads, utilities and agriculture stocks.