dugganwayne

Wayne Duggan

General Information

Name:
Wayne Duggan
Fool Since:
April 17 2014
Where I Live:
Auburn, AL
Where I Grew Up:
Hazel Green, AL
Gender:
Male

Investing Basics

Investing Experience:
Medium
Risk Tolerance:
Medium High
Investing Style:
Motley (i.e. Anything goes!)
Portfolio Size:
Medium (4-12 Stocks)
Types of Investments:
stocks
Stocks I Own:
MPEL, IRE, AAPL, BAC, WFC, DVAX, HPQ, AMZN (Short)

Investing Favorites

Stocks:
BAC, IRE, MPEL, AAPL
Industries:
Financials, Gaming
Boards:
chess, checker, diving, skate, circuit, surf, mother, chalk
Books:
Market Wizards, The Big Short, One up on Wall Street, Irrational Exuberance, Real Money, and (of course) Beating Wall Street with Common Sense!
Blogs:
tradingcommonsense.com
People:
(from most cliche to least cliche): Warren Buffett, Jim Cramer, Robert Shiller, Peter Lynch, Jack Schwager, Ben Bernanke

Investing Expertise

My Area of Expertise:
common sense
Greatest Investment:
BAC
Worst Investment:
GM
Money I Manage:
hard-earned

Education And Work Information

School(s) Attended
Massachusetts Institute of Technology (MIT)
Job Title
Computer Programmer and MRI Technician
Company / Organization
Auburn University MRI Research Center

Interests

Personal Quote:
"You don't need a weatherman to know which way the wind blows." -Bob Dylan
My Interests:
baseball, music, tennis, movies, numbers, traveling
Person(s) I'd Like To Meet:
Norm MacDonald
Favorite Restaurants or Foods:
Little Italy Pizzeria in Auburn, AL
Favorite Vacation Spots:
beach and I'm happy
Favorite Sports or Teams:
Red Sox for baseball, Federer for tennis, and whatever team is the underdog for everything else
Favorite Movies:
Scarface, Apocalypse Now, Goodfellas, Gangs of New York, The Departed, Wolf of Wall Street,
Favorite Board Games:
Monopoly, Stratego, Hungry Hungry Hippos
Favorite Video Games:
Oregon Trail
Favorite Music or Musicians:
Bob Dylan, Jimi Hendrix, Led Zeppelin, Lynyrd Skynyrd, Drive-By Truckers, Jason Isbell, Van Halen, Black Crowes
Great Books Read Recently:
all of them
Book Currently Reading:
The Personal MBA

An Interview with dugganwayne

Last updated: 4/30/2014
The Fool:
Did you ever do something as a child that you look back on now and say, 'Wow, I'm lucky even to be alive after that!'
dugganwayne:
Seems like every kid gets into some crazy shenanigans that almost get them killed at some point, haha. Like when I was a rambunctious little boy and somehow managed to contract the Zaire strain of Ebola.
The Fool:
Does ethics or 'socially responsible investing' have a place in your investment approach? How so? How not?
dugganwayne:
I would love to be able to profit off of trades that somehow benefit society as a whole. That's something I will certainly look into... once I make my first million.
The Fool:
What was the most significant discovery of the last century?
dugganwayne:
I'd say it's a tie between antibiotics and Ryan Seacrest.
[Read the full Interview]

My Story

I was born in rural Alabama, but I worked my way through school at MIT. I don't have a degree in finance or math, but I have used the common sense I was born with to achieve a 400% return in the market in the past five years.

How I Invest

I try to buy stocks for a certain price and then sell them at a later date for a higher price. I repeat this approach over and over. Most of the time it seems to work out.