SBA Communications: A Reasonably Priced Bet On Wireless

Core Insights - The article discusses the author's journey from politics to value investing, emphasizing a long-term investment strategy focused on risk management [1] - The author highlights the importance of sales strategy in assessing a company's prospects, particularly when the product has strong market appeal [1] - The transition from a sales role in a law firm to an investment advisory position at Fidelity illustrates the author's commitment to value investing despite challenges in aligning with modern portfolio theory [1] Group 1 - The author initially pursued a career in politics but shifted to value investing after recognizing the financial challenges in politics [1] - From 2020 to 2022, the author worked in a sales role at a law firm, where they became the top-grossing salesman and managed a team [1] - The experience gained during this period contributed to the author's ability to evaluate companies based on their sales strategies [1] Group 2 - The author worked as an investment advisory representative with Fidelity from 2022 to 2023, focusing on 401K planning [1] - Despite excelling in the role and passing Series exams ahead of schedule, the author felt frustrated with the modern portfolio theory approach at Fidelity [1] - The decision to leave Fidelity was driven by the desire to pursue value investing more aligned with personal investment philosophy [1] Group 3 - The author began writing for Seeking Alpha in November 2023 to share investment opportunities discovered through personal research [1] - The articles serve as a platform for the author to document and share the investment journey with readers [1] - The emphasis on aggressive saving and capital building reflects a proactive approach to personal finance and investment [1]