HOME | patrick-c-rau---cfa

I have built more than 200 valuation models for a wide variety of domestic and international stocks over the years.
Former sell-side equity research analyst covering the natural gas midstream and semiconductor sectors.
Served as a generalist on the buy-side as well.
Prefer using a value oriented approach to evaluating stocks.
For examples of my prior research, including a few recent stock selections, please go to the Equity Research page.

I am not a financial advisor, but I have learned a thing or two about the asset allocation process from 1.) time spent working as an equity research analyst for a financial advisory firm, 2.) my CFA training, and 3.) numerous books and financial articles I have read on the subject.
Please go to the Asset Allocation page for a 9 part series on asset allocation, including a brief overview of Modern Portfolio Theory, some hypothetical portfolio allocations, ideas for funding one's portfolio, things to keep in mind when hiring an investment professional, and the latest research on optimizing retirement spending.
These articles should help you "get off the blank page" in determining your portfolio allocation, or at the very least, allow you to ask more meaningful questions of your financial professional.

Currently work as natural gas and LNG analyst for a prominent U.S. based newsletter and spot market pricing service.
Predicted the decline in U.S. natural gas prices back in 2014. That presentation resides on the Energy page.
Frequently quoted by the media for my views on the natural gas sector. Examples also appear on the Energy subpage.
Previous energy experience includes time served as a sell-side equity research analyst covering the U.S. natural gas midstream sector, and as an analyst for a Fortune 500 E&P company.