About Bruce Gulliver

After attaining a Ph.D. in Business Economics from Claremont Graduate School in 1978, Bruce spent several years teaching finance to graduates and undergraduates. Bruce then worked in the energy business as an industry analyst for nine years. During this period, he developed numerous analytical tools and models to support investment decisions for major corporations. In 1988, he moved to the financial side of PacifiCorp to work on improving the firm's investment decision-making process in acquisitions and investment management.

This work led Bruce to found Jefferson Research and Management in 1989. He also received his CFA in 1990. Bruce has provided institutional research to a variety of top money management firms around the United States managing in excess of one trillion dollars. This work focused on recommending stocks to buy based on Jefferson's proprietary growth/value model.

In the late 1990s, Bruce expanded Jefferson's Research efforts to focus on predicting when companies would begin to underperform the market or "torpedo." In January of 2000, the Jefferson Research and Management Torpedo Alert service was launched to institutional investors.

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Torpedo Watch, Torpedo Watch Stock Tracker, and Torpedo Update are trademarks and service marks of Jefferson Investment Management Company and are used under license.

Torpedo Watch™ is for informational purposes only, and is not a recommendation to buy, sell, or hold any security, or that any investment strategy discussed is suitable for all investors. Torpedo Watch is published by Torpedo Watch, LLC. As a publisher of a financial newsletter of general and regular circulation, we cannot tender individual investment advice. Only a registered broker or investment advisor may advise you individually on the suitability and performance of your portfolio or specific investments.

In making any investment decision, you will rely solely on your own review and examination of the facts and the records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claim, damages, loss or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert or update.

The editor, publisher, and directors of Torpedo Watch, LLC flatly promise no front-running. We will not initiate a position in any option we have recommended for three business days before our original recommendation and three business days after any subsequent recommendation. We will not initiate a position in any stock we have recommended for 3 business days before our original recommendation and 3 business days after any subsequent recommendation.

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There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Torpedo Watch, LLC and all individuals affiliated with Torpedo Watch, LLC assume no responsibilities for your trading and investment results.