MYR Group is a Company of Our Times, But Now is Not the Time for Stocks (NASDAQ:MYRG)

After working for over 43 years at an investment research firm, I have finally retired. I am now completely independent. And for the first time in Seeking Alpha, I won’t be working around someone else’s product agenda. Now I have only one goal: to provide you with the best actionable investment insights I can. I have long specialized in rules/factor based equity investment strategies. But I am different from others who share such backgrounds. I don’t serve numbers. Instead, numbers serve me to inspire investment stories generated by HI (Human Intelligence). I definitely understand quantitative investing, including factors and non-factors (previously called AI). But I don’t agree with what the other quants do. Rather than obsessing over statistical studies that are useless for any time period other than the periods studied, I combine factor study with fundamental finance theories, including classical fundamental analysis, to get the real story of a company and its stock. Investment is for the future. So numbers (which necessarily live in the past) can only take us so far. They do their best to lead us into stories that shed light on what might happen in the future. That’s how I use them, I’ve had a pretty colorful career. I have developed and studied many different quants as well as a full spectrum of experience covering stocks from many different groups (large cap, small cap, micro cap, value, growth, income, special situations… you name it, I’ve covered it). models. In addition, I previously managed a high-yield fixed income (“junk bond”) fund and conducted research involving quantitative asset allocation strategies, which formed the basis of what is today known as Robo Advisory. I have edited and/or written several stock newsletters before; the most notable was the Forbes Underpriced Stocks Report. I previously served as deputy director of research at Value Line. I have also had a long-standing interest in investor education, which has led to conducting numerous seminars on stock selection and analysis and writing two books: Screening The Market and The Market Value Connection. I look forward to my new incarnation in Seeking Alpha. I hope you enjoy what I have to offer. But if you don’t, feel free to tell me why in the comments sections. I’m a big kid. I can handle criticism. (But please don’t call me “idiot”. That’s my wife’s job!)

Analyst’s Statement: I/we have no stock, option or similar derivative positions in any of the companies mentioned and have no plans to initiate such positions within the next 72 hours. I wrote this article myself and it expresses my own views. I do not receive compensation for this (other than Seeking Alpha). I have no business relationship with any company whose shares are mentioned in this article.

I Want Disclosure of Alpha: Past performance is no guarantee of future results. No recommendation or advice is given as to whether any investment is suitable for a particular investor. The view or opinions expressed above do not necessarily reflect the views of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker, or U.S. investment advisor or investment bank. Our analysts are third-party writers, including both professional investors and individual investors, who are not licensed or approved by any agency or regulatory body.