Steven Jon Kaplan

Series 65
Personal Finance, Retirement, Investing
86%
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367
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“As the CEO of True Contrarian, Steven Kaplan is committed to continually researching the latest developments in the global financial markets.”
Firm:

True Contrarian Investments LLC

Job Title:

CEO

Biography:

Steven Jon Kaplan began TrueContrarian.com in August 1996 as a weekly blog and later expanded this to a daily newsletter with intraday updates in February 2006.  He has been trading his own account, and those of family and close friends, since 1981, and handles separately managed accounts for qualified clients. As a registered investment advisor, Steve charges a 20 % performance fee on net profits and no management fees.  He has been quoted in Barron's, Market Watch, Dow Jones Newswires, Seeking Alpha, Kitco, and elsewhere and has appeared on Market Watch cable TV with Stacey Delo.

Steven's goal is to identify those assets which are farthest away from the best estimates of their realistic fair-value levels. This is done through designing algorithms which examine the most reliable signals in the financial markets. These include insider buying relative to selling; investor inflows and outflows; media and advisors' sentiment; and intraday behavior especially near multi-decade tops and bottoms. He studies historical interrelationships to mathematically identify which divergences from typical behavior are pointing the way toward essential trend changes.

Steve enjoys running with the New York Road Runners Club, composing and performing on piano and voice, writing stories, and traveling to unique places.  He enjoys hearing from anyone about a wide range of topics, so please let him know what you think about the web site or whatever is on your mind.  You can find his music on ReverbNation.

Education:

BES, Electrical Engineering and Computer Science, The Johns Hopkins University

Assets Under Management:

$24 million

Fee Structure:

20% of net profits; zero management fees.

CRD Number:

2570721

Videos
  • True Contrarian Investments LLC
  • Steven Jon Kaplan explains why investors repeatedly fool themselves.
  • Steven Jon Kaplan: April 2010 conference
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February 2018

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    Investing, Asset Allocation, Choosing an Advisor
Should I keep money in a high yield savings account until it is to be invested?
100% of people found this answer helpful

Whether your portfolio is actively managed or not it should be paying a decent interest rate on your cash balance.  Some brokers pay about 1.5%, or you could put it into a short-term U.S. Treasury and get a little over 2%.

3 weeks ago
    Banking
Do I have to buy treasury notes through a bank or brokerage firm?
3 weeks ago
    Investing, Stocks
Can I buy and sell the same stock many times in one day?
100% of people found this answer helpful
3 weeks ago
    Debt, Investing, Real Estate
Should I use my extra money each month to invest or pay towards the balance of my mortgage?
83% of people found this answer helpful
3 weeks ago
    IRAs, Taxes, Income Tax
Is it advantageous to convert a traditional IRA to a Roth IRA during a 50 percent market downturn?
100% of people found this answer helpful
3 weeks ago