Representing

The institutional Strategist

The TIS Group was founded in 1995 by Larry Jeddeloh.  Mr. Jeddeloh is a Global Strategist who began his career at the Union Bank of Switzerland in Zurich where he was a vize-Director and the Chief Investment Strategist in the Institutional Global Asset Management Group. In the 1980s he was Director of Equity Research at the Leuthold Group, a well known institutional research firm in Minneapolis, MN, He was also a partner in Leuthold and Anderson Investment Counseling and in Weeden and Company, an institutional brokerage firm.

Larry travels constantly all over the world, seeing clients and other contacts, he does over 300 client and prospect meetings per year. He listens as well as talks. His clients are an important source of information, not on events so much as what the impact of events will be. He has developed a network of sources, some paid, in Israel, the Middle East, China, the UK, Canada and Washington DC.  He writes the Market Intelligence Report (MIR) nightly so it reaches the desk of his client first thing in the morning in most locations. The track record of his calls in the MIR are out of consensus, right and too long to list here.

Clients include CIOs, strategists, equity and fixed income managers, commodity managers, and key executives at global macro funds, hedge funds, mutual funds, sovereign wealth funds, family offices, endowments / foundations, and corporations in North America, Asia, and Europe.

unit economics

Unit Economics is a Rhode-Island based independent research firm providing insightful, out-of-consensus stock-specific research on small and mid-cap U.S. equities, as well as macro-thematic research in areas such as oil, natural gas and commodities and occasional economic reports.  They focus their work on a select few long/short equity ideas – generally 4-8 at a time – to ensure they provide the most detailed and in-depth research available. 

In addition to the formal, written work they send out occasional “quick updates” on their ideas and themes, as well as discuss other investment ideas that they don’t formally write on.  In some cases clients schedule recurring conference calls in order to provide an opportunity to discuss developments in greater detail.  Their goal is to maximize their impact on your research process. 

Founder and senior analyst, Nathan Weiss, was the author of the WeissReport, a monthly newsletter focused on risk arbitrage and market neutral strategies from 1998 to 2000. From 2000 to 2006 Mr. Weiss was a generalist analyst and portfolio managers at Noble Partners, contributing significantly to their outstanding returns. Nathan holds a Master of Science in Investment Management from Boston University and a BBA in Business Administration from the University of Iowa.

badger Consultants/The Bear facts

Badger Consultants is a bottom up fundamental research service founded by Tom Chanos. Badger Consultants has been successfully shorting stocks since 1981. Tom established Badger Consultants LLC in 1994 to provide fundamentally driven research focused specifically on short ideas.  The service “Bear Facts” generates approximately 15-20 short ideas (mkt cap over $1B) per year and is limited to 40 clients. 

Thomas S. Chanos graduated from the  University of Wisconsin in 1986 with a B.A. in Economics and Finance.

Dibiasio and Edgington (d&e)

D&E is a 27 year old technical research service founded by Bruce Edgington and Paul DiBiasio who are both active in the firm.

Edgington is probably the nation’s premier technical analyst and DiBiasio is the computer genius who was able to automate the process to the point that the firm performs a daily inspection of the charts of over 1200 US traded stocks and ADRs. D&E is willing and able to add any names or groups desired by the client. Works as well finding shorts as longs.

D&E is the innovator of the use of pattern recognition software in technical analysis. The software is part of the service and can be installed on client’s site. Training on the use of the software is part of the service.

Bruce Edgington maintains that you cannot tell what is going to happen to a market or and index by looking at a chart of the index.  It is much more accurate and reliable to aggregate the individual stocks into positive, neutral and negative groups by their chart patterns, which their pattern recognition software can do; then market direction can be accurately predicted if there is a preponderance of stocks in one group or another.  SMHC has represented D&E since 2012 and has seen firsthand the accuracy of their market judgment. D&E kept their clients in US equities the entire time while issuing precise warnings that a correction was due or that an specific sector or industry was in trouble despite the general trend.

The Marketwire delivered weekly but is a small part of the service which is highly customizable for client, the software part of service, installed on client site if desired.

Business Cycle Developments

Objective strategic analysis, providing advance warning of peaks and troughs in the US Business Cycle, Interest Rates and the Equities Markets.

A purely quantitative investment strategy tool which uses only historical data, no projections or forecasted data.  BCD calculates the rate of change of 52 economic indicators which are grouped into six monitors, each containing 6 to 10 indicators.

A monthly book shows the status of each indicator and gives the range of time from the current situation until a peak or trough.  There is also a weekly one page update usually focusing on a single statistic and relating it to investment strategy at the moment.

William F.  Weissert spent 15 years as a buyside analyst and PM.  He developed BCD for his own use as a PM at Republic National Bank in Dallas and later at Waddell and Reed. Then in 1981 went out on his own with BCD as an Independent Research Product (product 36 years old.) Weissert still works full time in BCD;  he tries to visit each client 2-3 times/ year.  In 2010 he was joined in the business by his two sons, insuring continuity of philosophy and perpetuating the product well into the future.

churchill research

Service began in December of 2002 (15 years old) and has been represented by SMHC since August 2003. Uses top down economic knowledge to identify favorable political and economic conditions and then zero in on the sector, industry and companies most favored by the situation. Maintains a live tracking portfolio.  Excellent and well documented track record. The tracking portfolio is up 135% vs 60% for the S&P since 2007. Founded and published by Mike Churchill whose background prior to starting this service includes position as a global economist at Bear Stearns, covering food, beverage and retailing industries for Buenos Aires Trust Co in Argentina, and three years at Polyconomics as director of research where he created a Supply Side portfolio product and directed International tax analysis.