|
|
PHILOSOPHYThe investment philosophy of this firm is based on value investing, as outlined in the bible of the investment profession, "Security Analysis" by Benjamin Graham and David Dodd (first edition 1934). As the former Chief Investment Officer of the Trust Department of a local bank, Henry continues to utilize his years of trust investment experience in a conservative manner, especially in his call for a renewed emphasis on dividends, which have been neglected in recent years. He combines his undergraduate major in history with his graduate school major in finance and banking, in order to better understand the history of the economy and the stock market, especially as they relate to an understanding of investment cycles. PUBLICATIONSA summary of Henry's paper on "High Price/Earnings Ratios and the Stock Market: a Personal Odyssey" can be found here. This paper relates how he saw in 1998 the coming stock market crash of 2000 and where he believes we are in the current investment cycle. It has been translated into French, German, Italian, Arabic, Korean and several other languages on the Internet. A more complete version, with footnotes, tables and graphs will be sent to anyone free upon request at the above address. BACKGROUNDHenry V. Janoski, MBA, CFA, CSA is a 1955 graduate "magna cum laude" of Yale University and a member of Phi Beta Kappa, the national scholastic honor society. He received his Master of Business Administration (MBA) from the Wharton Graduate Business School of the University of Pennsylvania in 1960 and holds the professional designations of Chartered Financial Analyst (CFA) 1976 and Certified Senior Advisor (CSA) 2004. His previous employment included the National Bank of Detroit (Senior Credit Analyst), First National Bank of Wilkes-Barre, PA (Assistant Cashier), Northeastern Bank, Scranton, PA (Senior Vice President), Penn Security Bank & Trust Co., Scranton, PA, (Chief Investment Officer). After some 40 years of banking and investment he retired in 2001. But after 10 months of retirement and boredom, since he does not golf, he returned to the investment scene as a registered investment advisor representative with other firms before he decided to start his own investment advisory service in 2007. Biography listed in: Who's Who in Finance and Business (formerly Who's Who in Finance and Industry), Who's Who in America and Who's Who in the World. |
|
