Michael Araluce's Schools

• Dana Hills High School , Class of 1980

Michael Araluce's Publications

• William O'Neil June, 2011 by Michael Araluce I am an avid reader and regularly enjoy books on business and history, such as Michael Lewis’ The Real Price of Everything and the works of stockbroker and author William O’Neil. Born at the height of the Great Depression, O’Neil served in the Air Force before starting his financial career with Hayden, Stone & Company in 1958. Founding William O’Neil & Co. Inc. in 1963, he quickly made a name for himself through the innovative use of computers in investment strategy. In particular, O’Neil developed a daily securities database that has grown over the years to track some 200 data points on more than 10,000 global companies. In 1984 O’Neil took the bold step of launching the Investor’s Daily as a direct competitor to the Wall Street Journal. Although it has not surpassed its well-established rival, what is now Investor’s Business Daily has established an international reputation for accurate and informed financial reporting, boasting a readership of nearly 1 million. O’Neil has also written a number of classic books on the art of investing including How to Make Money in Stocks: A Winning System in Good Times and Bad. Now in its fourth edition, the book details O’Neil’s CAN-SLIM growth-stock investing method, based on a comprehensive analysis of market winners from 1880 to the present. As might be expected from an investment pioneer who founded O’Neil Data Systems, Inc. in 1973, O’Neil scatters hundreds of updated charts throughout the book, helping investors make sense of current economic and stock price trends. The system detailed in O’Neil’s book is complex and small investors without extensive market knowledge should allow themselves a year or two to read and digest the information. While many aspects of CAN-SLIM seem counterintuitive, a strategy based on buying high and selling higher has served O’Neil extremely well over the years. The book also examines Bear Market indicators allowing savvy investors to make an early exit when market prospects dim. I recommend O’Neil’s book to financial professionals and individual investors alike, as an investment strategy that, properly utilized, can lead to sustained asset growth.

• A Primer on Antitrust Regulations in the United States , Michael Araluce's Blog on Bigsight September, 2011 Federal Trade Commission (FTC), U.S. Department of Justice In the United States, antitrust laws encourage greater competition in the marketplace by restricting the creation of monopolizing businesses and prohibiting similar unfair corporate practices. Antitrust regulations and monopolies represent just a few of a number of topics financial advisor and investor Mike Araluce has spoken about before nonprofit groups and at conferences. Based in the greater Los Angeles area, Mike Araluce maintains a long history of working for large banking firms like Washington Mutual, Bank of America, and Union Bank. Known as competition law outside of the United States, antitrust laws serve to restrict anti-competitive business behaviors and to protect consumers from overpriced and poor quality goods and services. Types of activities scrutinized by antitrust law enforcers include price fixing, where competitors in a market agree to sell their product or service for the same price, and dividing territories, in which same-industry companies consent not to compete with each other within certain geographic regions. Other types of anti-competitive practices regulated under antitrust laws include dumping, in which a company sells their product at a loss in an effort to eliminate competitors, and exclusive dealing, where a retail or wholesale operation contracts to only purchase products from a specific supplier. Enforcement of U.S. antitrust laws occurs at the state and federal levels. The federal government may bring civil lawsuits against violators via the Federal Trade Commission and the U.S. Department of Justice’s Antitrust Division, while the Department of Justice alone may carry out criminal antitrust lawsuits. At the state level, state attorneys general may enforce antitrust laws. Private civil suits may also be carried out in state and federal courts. Some of the more famous examples of the federal government cracking down on alleged antitrust lawbreakers include the cases of the United States vs. AT&T, which led to the breakup of AT&T, and United States vs. Microsoft, a civil suit brought against the Microsoft Corporation during the 1990s.

Michael Araluce's Links