General Information

Name:
Jim Gillies
Fool Since:
October 26 1998
Aliases:
jimgillies (2/15/2006)

Investing Basics

Investing Experience:
High
Risk Tolerance:
High
Investing Style:
Motley (i.e. Anything goes!)
Portfolio Size:
Large (12 or more Stocks)
Types of Investments:
Stocks, ETF's, Options, Warrants, Debt securities.
Stocks I Own:
ALV, AMCX, AMZN, AVAV, BBSI, BH, BOFI, BPI, BRK-B, CHUY, CMG, CMI, DIS, DVA, FFNW, FORM, JPMWS, KMIWS, LL, LNKD, MA, MELI, NOK, NSAM, NVDA, P, PRAA, RPXC, RRGB, SAM, SBUX, SCTY, SSW, TCS, TDG, TFSL, TWTR, UA, WFM, WINA, YHOO, TSX: ACD, TSX:BCE, TSX:CIX, TSX: ENB, TSX: EXE, TSX:MTY, TSX:PSD, TSX: RME, TSX:RCI-B, TSX:RY, TSX:SCP, TSXV: LOY, Short Dec 2014 $75 calls on RRGB, Long Jan 2015 $70 calls on ACN, Short Jan 2015 $82.50 calls on ACN, Short Jan 2015 $55 calls on EBAY, Short Jan 2015 $12 calls on FAZ1, Long Jan 2015 $12 puts on FAZ1, Short Jan 2015 $60 calls on JPM, Short Jan 2015 $22 puts on LUK2, Long Jan 2015 $22 Calls on LUK2, Long Jan 2015 $65 calls on LULU, Short Jan 2015 $87.50 calls on SWK, Short Jan 2015 $8 calls on NOK, Short Jan 2015 $52 calls on TSX:ENB, Long Jan 2015 $45 calls on AIG, Long Jan 2015 $35 calls on AIG, Short Jan 2015 $45 puts on AIG, Short Jan 2015 $17 puts on BKS, Short Jan 2015 $10 puts on BPI, Long Jan 2015 $12.50 calls on BPI, Short Jan 2015 $55 calls on AIG, Short Mar 2014 $17 puts on ASNA, Short Mar 2015 $17 calls on NVDA, Short Apr 2015 $18 puts on BKS, Short Apr 2015 $22.50 puts on CHUY, Short Apr 2015 $78 calls on TSX:RY, Short Apr 2015 $44 calls on TSX:RCI.B, Short May 2015 $46 calls on WFM, Short May 2015 $22.50 puts on SSW, Short May 2015 $45 puts on BBSI, Short Jun 2015 $50 calls on LULU, Long Jan 2016 $65 calls on DVA, Short Jan 2016 $65 puts on DVA, Long Jan 2016 $175 calls on IBM, Short Jan 2016 $175 puts on IBM, Long Jan 2016 $32.50 calls on KMI, Short Jan 2016 $32.50 puts on KMI, Long Jan 2016 $75 calls on MA, Short Jan 2016 $75 puts on MA, Long Jan 2016 $75 calls on SWK, Short Jan 2016 $65 puts on SWK, Short Jan 2016 $70 calls on VXX, Long Jan 2016 $40 calls on WFM, Short Jan 2016 $35 puts on WFM, Short Jan 2016 $52 calls on TSX:BCE, Short Jan 2016 $60 puts on LULU, Long Jan 2017 $45 calls on EBAY, Short Jan 2017 $45 puts on EBAY, Short Jan 2017 $12 calls on FAZ, Long Jan 2017 $12 puts on FAZ

Investing Favorites

Stocks:
Campbell's Low-Sodium Chicken

Education And Work Information

School(s) Attended
U of W (B. Engineering), U of G (M. Engineering), WLU (MBA - Finance), CFA - Lvl III
Job Title
Advisor - Motley Fool Options, Analyst - Stock Advisor Canada

Interests

Personal Quote:
"Doubt, and find your own light." - Buddha
Person(s) I'd Like To Meet:
Warren Buffett (Mission Accomplished! May 7, 2006, and again May 6, 2007)
Favorite Vacation Spots:
British Columbia - Any Ski Resort, New Zealand, Banff, South of France, Costa Rica
Favorite Sports or Teams:
Toronto Maple Leafs, New York Islanders (apparently, I like lost causes...)
Favorite Music or Musicians:
Chris Brown and Kate Fenner, and their progenitors, The Bourbon Tabernacle Choir....
Great Books Read Recently:
"The Omnivore's Dilemma" - Michael Pollan

An Interview with TMFCanuck

Last updated: 6/7/2012
The Fool:
What's the best advice you've ever received?
TMFCanuck:
Neither a borrower, nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.

Polonius, Hamlet (Act I, Sc. III)
The Fool:
Speak to the dead. You must have something to say. They may be listening.
TMFCanuck:
Can I have your stuff?
The Fool:
Given a second chance, what financial decision would you like to do over?
TMFCanuck:
I'd have saved more when I was younger.

I had a great job all through high school and university (a decade working in a unionized grocery store chain in Canada). I started at the right time so as to have considerable seniority (basically could choose my hours), and made great money (to put in perspective, when I took my first engineering job out of university, my hourly rate was less than my grocery store job).

And I also went to a 'co-op' university for my undergrad, where I would go to school for four months, then work for four months (in an engineering co-op position...this is in addition to the grocery store job), and earn enough (and then some) to pay for the next semester of school.

Yet, I put literally nothing away (although I did graduate university debt-free, so there's that). Moreover, I had rung up my credit card through school and was making the minimum payments.

I mean, sure, my university girlfriend had expensive tastes, but we can't blame her for all of it.

First rule today - pay yourself first! Minimum 10% of gross income goes to investments...ideally more...ideally MUCH more!
[Read the full Interview]