Thanks for a Great Year!

Today's post is a simple one, with just one purpose, to say thanks! to all the readers who have helped make 2014 a great year for OTC Adventures and for Alluvial Capital Management, LLC.

Just as in years past, your responses to my writings (praise and criticism alike) have provided invaluable insights and have helped make me a better investor. I am convinced that my readers are among the most experienced and astute value investors out there, and I am grateful for you sharing your wisdom with me. Side note: if you reached out to me this year and I failed to respond, I apologize! I get a lot of e-mail and despite my best efforts, occasionally I fail to respond in a timely manner. Please don't hesitate to reach out again.

2015 promises to be an exciting year for me, both personally and in my blog and business efforts. In the next three months alone, I'll be marrying my lovely fiancée and purchasing a home here in Pittsburgh (where your dollar still goes very, very far!). Your well wishes are appreciated for the many changes and challenges sure to follow. The OTC Adventures blog will continue with posts coming at a similar pace as I navigate the demands of my RIA business and personal life. As for Alluvial Capital Management, I am hopeful that 2015 will bring a unique set of value investing opportunities and another year of good performance for my clients.

I wish you all the best in your own endeavors in 2015, in investing, in your careers and in your relationships with friends and family. While professional and financial successes are worthy pursuits, let's not forget to invest our time in those we love.

I'll be back in 2015 with many more value investing ideas, focused as always on the small, the illiquid and the ill-understood. Until then, Happy New Year!

- Dave Waters, CFA