david jackson seeking alpha net worth

Founded in 2004, Seeking Alpha is an investment research platform and newsletter that relies on the combined knowledge of its community to find the best investing opportunities. And yes, there's some fuel surcharge benefit, but you've noted the fact that there was meaningful double digit yield improvement. So just -- our spot exposure. David Jackson Chief Executive Officer at Seeking Alpha David Jackson is the Chief Executive Officer at Seeking Alpha based in New York, New York. We acknowledge that we have less visibility on peak season surge as compared to the previous two years. I focus on accelerating growth through a mix of strategy, developing and managing enterprise partnerships, and corporate development. And so that type of business clearly requires a significant capital investment. One of the unique things about what its impact on rates are is in freight rates you have headhaul and backhaul markets. Next question will be from Thomas Wadewitz at UBS. Working at Taboola reinforced my desire to continue doing what I love professionally but also if possible with an Israeli company. So, I wanted to ask on the -- Hi, guys. So as a result of that, today in the Knight and Swift, nine out of every 10 loads that we haul involves a trailer pool on at least one side, if not both. You don't know whether they're a criminal, right? And then, as you look out into 2023, do you think that that's a business line that can grow in terms of volume even in a much more challenging freight market if that's what we end up seeing? 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In addition to this strategic acquisitions, we continue to improve our core truckload business and our existing assets to generate additional revenue. Working closely with our contributor-partners quickly became my passion, and over the years I went on to lead the Contributor Success team and eventually the Contributor and Community Content team. And so, all indicators are that supply is contracting already as we speak. David Jackson Founder & CEO at Seeking Alpha About David Jackson is the founder of Seeking Alpha. Capacity is clearly under pressure. And what that would have been like a year ago? Paul Jelinek. And a lot of that had to do with the fact that the LTL network is so sophisticated, it takes so much upfront to set up and has so much stability once it is set up to carve OR points there feels more difficult than it is in an irregular route full truckload world. Membership fee: $239 per year Free plan available; mobile app Get 50% Off Fortunly Rating Free Plan: Yes Costs: Premium $19.99 per month; Pro $199.99 per month (one-year subscription) Securities: Stocks, ETFs, mutual funds, commodities, cryptocurrencies Years in Business: 18 I guess I want to get your sense of how you think that sort of retracement on the contract side could look relative to previous cycles given everything that you said so far? And I think a classic example to that would be, just look at the first half of this year. Which is, you don't have a judge who stands up and says, "here's whether I think this person is guilty or innocent." Hey, Adam. We anticipate changes in the environment and pivot our strategies accordingly. Premium Portfolio We continue to be excited about this business and have several projects ongoing that will improve the experience for our third party carriers. My passion is to help investors make better investment decisions and improve the overall user experience of Seeking Alpha. I joined Seeking Alpha as VP of Global HR in January 2021, to lead the companys people practices and translate our business vision into HR initiatives that improve performance, growth, and employee engagement. Seeking Alpha is another excellent premium subscription service. And then we ask that you please disconnect your lines. These new and expanded services along with warehousing and equipment leasing have nearly quadrupled revenue and is on pace to generate $500 million of revenue this year with projected operating income of over $40 million, compared to a loss of $68 million in 2019. I will now hand it to Adam to finish up with our guidance. Speakers from today's call will be Dave Jackson, President and CEO; and Adam Miller, CFO. I have no business relationship with any company whose stock is mentioned in this article. You have a jury who listens to both sides of the case, always. These factors contributed to a 39.2% increase in revenue per load, partially offset by a 17.2% decrease in load count. Thank you. No, that's just our employees. And I think that's why we like this as a nice complement to our core business. This guy is bearish on Facebook, right? They can bring our full truckload of one product, bring that to the dock in exactly the moment that they want to move that trailer or those goods, those palettes on to store deliveries, and they only have to touch the freight one time. Additionally, we continue to make investments in the growth of this business and added 450 containers in the second quarter and plan to add an additional 1,500 throughout the rest of the year. Well, right now, high energy prices is a huge hurdle for small carriers and it doesn't appear to be changing meaningfully anytime soon. By using this site, you agree to the . That's great. And so, we're fortunate with over $1 billion of free cash flow over the last 12 months that we have opportunities to go in both directions and we can sing and dance, so to speak, at same time and see both of these continue to grow and flourish. Since then, Seeking Alpha has grown to be the leading Web 2.0 finance site. I wanted to ask on the guidance commentary around the rate assumptions for the back half of the year. Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Q2 2022 Earnings Conference Call July 20, 2022 4:30 PM ET, Adam Miller - Chief Financial Officer and Treasurer, David Jackson - President and Chief Executive Officer, Good afternoon. Thank you. Look at how our businesses perform relative to kind of what it's been like for the smaller carriers in the broader irregular route market, particularly those that were overly reliant on spot business. I guess, the takeaway, I guess, I'm getting to some extent is, it feels like maybe this, I guess, every cycle is different and certainly Dave you made a good point about why this might be different than previous cycles. I think today we're probably down closer to the mid to low teens in terms of our exposure to the spot market. As these businesses grow and develop, we will evaluate whether it makes sense to aggregate some of these businesses as a separate reportable segment. One thing we do know that has been consistent from one cycle to the next is, when credit dries up, that brings religion to small carriers in terms of what they do to grow or refresh. And so, small trucking companies, it was a huge boom to them even though a lot of the country was shut down due to COVID, they had this huge lifeline that kept them along. David Jackson, Seeking Alpha Ltd: Profile and Biography - Bloomberg Markets Subscribe Live Now Bloomberg TV+ Bloomberg Daybreak Australia Bloomberg Daybreak Australia. And let them evaluate it, and let them choose for themselves. So what you're seeing is, you're seeing us tap into operating leverage that we have, that we uniquely have, because we're more than twice the size of the next closest in terms of trailer fleet. We remain encouraged with the growth and diversification and contribution from the businesses that make up our non-reportable segment. You have to have meaningful scale of trailers and you have to have them scattered all over the country like we do. For the quarter, we had a 91.8% increase in revenue and a 615% increase in operating income. And now, of course, the challenge would be securing enough credit to do so. Do you think that we're kind of setting up for a fairly sharp fall-off in freight? We believe our scale in trailers is a competitive advantage and provides our customers capabilities that are extremely difficult to replicate. View People Contact Information. Click HERE. This is a result of a more difficult comparison rather than rates meaningfully declining sequentially. Okay. Next question will be from Ravi Shanker at Morgan Stanley. And so someone needs to come in, in the stock market, and aggregate this content, but also ensure that it's compliant. David Jackson - Researcher - LinkedIn | LinkedIn Join now Sign in David Jackson Hiding from waves of LinkedIn spam by omitting my company name and job title. Abby Estikangi-Carmel . We will get to one question per participant. And what I realized was, it's going to be incredibly valuable to aggregate this and to filter it, because there's lots of risk for manipulation. St. Olaf College Alumni Founded Companies, Deakin University Alumni Founded Companies, Boise State University Alumni Founded Companies, Dartmouth College Alumni Founded Companies, Startup School by Y Combinator Alumni Founded Companies, Vellore Institute of Technology Alumni Founded Companies, Center for Digital Technology and Management, CDTM Alumni Founded Companies, Number of Organizations that the person founded, Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Where the person is located (e.g. He is from England. The original concept for this platform was for it to be a place where knowledgeable investors could share their insights on investments and compare strategies. We've expanded our traditional logistics brokerage, created a power-only service offering, created brand new revenue streams, as have mentioned, with Iron Truck Services and expanded our warehousing services. Im passionate about building a product that enriches our subscribers lives, and a platform that provides opportunities for our contributors. Previously, David was the Researcher at LinkedIn. We expect that demand may moderate as the consumer digests and deals with higher inflation and uncertainty in the economy. Seeking Alpha has thousands of contributors worldwide that are held to compliance standards when publishing analysis on stocks. Good afternoon, Dave. Not to speak about just the economics of how it works for a small carrier. David Jackson NBQ807 Add me Team Facebook Twitter Nationality United States Residence Jacksonville, FL, United States David Jackson's GPI Rankings Live Best Cash $ 598,173 All Time Money $ 3,825,519 Tournament Results of David Jackson Ranking history GPI PoY 2022 GPI rank Rank 2014 2016 2018 2020 2022 0k 20k 40k 60k 80k Highcharts.com Plot Data Im also a strong believer in remote working, as a way to enable both career success and other life goals, so many members of our team work from home. Over the years, we've demonstrated our ability to effectively acquire and improve truckload businesses. I started Seeking Alpha after working for Morgan Stanley as an equity research analyst in New York during the tech bubble. And so, very quickly with two extra hours to unload a trailer, you can find yourself with a 30% to 40% increase on many backhaul lane moves. So, now what we've done is, is we've tried to address the area where we do have a finite limit of capacity, which is we only have so many trucks and drivers. And just to clarify, we're saying $20 million to $25, we're not seeing $20 million to $25 million per quarter. Top 3 Results for David Jackson. Founder and CEO. The nurturing of so-called community with free content and social media aspects built site participation and popularity. Seeking Alpha is the dominant crowdsourced equity research platform, with thousands of contributors, and millions of registered users, monthly uniques, and email alert subscribers. The whole philosophy of Seeking Alpha is, number 1, treat our readers as intelligent people. After his phenomenal debut in 2014, Chinese K-pop star Jackson Wang has been taking the entertainment industry of South Korea by storm. During the second quarter of 2022 our truckload segment grew revenue 11.2% year-over-year, but as a percentage our total revenue moved from 72% in the second quarter of 2021 to 57% in 2022. Well, virtually every one of those factors is not the same and is different this go around. Investors read our financial news to gain insight into stocks future earnings and price trajectory, and to find new and exciting opportunities. And most likely that will lead to an allocation of orders for next year. Once again, thank you for participating. I left Morgan Stanley, and immediately started working on Seeking Alpha. And so -- and that has been effective in every single cycle since 1980. Click here. I live in New York City with my wife and daughter and have many outside passions including classical music, collecting photography, adventure travel and playing numerous sports. And in fact they have lower risk than the full truckload irregular route business has. So hopefully that answers your question, Chris. It's been largely abandoned by the industry, because it's not -- I mean, it's a bit chaotic and to do it right takes a lot of work. Source . So still well above where normally we were, but there has been a huge falloff in buyers and people are willing to do that. And we believe this approach is very welcoming to other LTL companies who may choose to join the network. Recruiting and retaining drivers continues to be a challenge, but we are seeing improvements sequentially in our ability to recruit drivers. I am not receiving compensation for it (other than from Seeking Alpha). The stocks with STRONG BUY ratings from Seeking Alpha have increased 1,754% in comparison to the S&P 500%27s 385% increase over the past decade. These results reflect our focus on; one, growing our less asset intensive businesses; two, acquiring and improving businesses; and three, expanding margins in existing operations. The chart on the left shows the percentage of adjusted operating income from each of our segments and our other non-reportable services since the Knight and Swift merger in 2017 through second quarter of 2022. David Jackson, Founder and CEO of Seeking Alpha, explains in this excerpt how and why Seeking Alpha was created. This non-reportable segment hasn't been a great focus of analysts or investors over the years, but it is now building as one of our fastest growing segments. And really how the fourth quarter plays out will play a big role in setting the stage for what those changes could look like going forward. We're talking about using those trailers where we can have a bank of trailers and stays them where we would bring a loaded in and give a customer the benefit of days, maybe a couple of days to unload that trailer as opposed to a couple of hours. Many of these services are branded under our brand of Iron Truck Services. Seeking Alpha has a consumer rating of 3.21 stars from 261 reviews indicating that most customers are generally satisfied with their purchases. Great. At the same time, new technologies were creating the possibility of a . In the Dec. 31, 2020 announcement, David Jackson, founder and CEO, and Daniel Hochman, vice president of product, wrote that "more than 70,000+ investors have already subscribed to Premium and have unlimited access to all that Seeking Alpha Premium has to offer." [24] See also [ edit] Alpha (finance) Value Line Security analysis Securities research Next question will be from Chris Wetherbee at Citi. I think there's some OEMs thats doing a little bit better than others, but still very pressured on being able to deliver on orders. I love writing, spreadsheets, user experience, and strategy. Technology has been a meaningful factor in how we've been able to not only significantly grow our logistics business, but do so while expanding margins. In 2020, summer of 2020 you saw some of the cheapest fuel we've seen in --certainly in oil prices, maybe in ever in the modern era. That's their job to be biased. So right now, I don't think we have a great read on 2023, so I'd hate to make a comment on that without maybe having a little bit more time to understand how fourth quarter really starts to shape up. I mean, if you looked at our operating income, there's -- that's an operating income number that rivals the biggest market caps of anybody -- of full -- of companies moving full truckloads, whether that's over the rail or whether that's over the road in our transportation space. [Operator Instructions]. We haven't quite got to $1 billion, we're on our way to $1 billion a year run rate for that to be the big driver of the earnings for the business. Of course, they're biased! He left in early 2003 to manage money (long/short) and explore new. 2. The industry norms since electronic logs were mandated and enforcement began in early part of 2018 the industry standard is that you get two hours. Yes. And so, that's just -- and we didn't go into this one with a huge oversupply like we did in 2018 to 2019 or like we did in 2006 to 2007 or like we did in really -- I guess those would be some of the biggest ones we've seen in recent history. That's where the most value is created in the supply chain. 2Q is an excellent quarter for LTL. Im a certified public accountant, and have a BA in Economics and Accounting and an MBA from Tel Aviv University. As spot rates have declined, we have increased commitment levels with our customers and have reduced our exposure to the spot market. At the same time, new technologies were creating the possibility of a different approach to equity research, based on crowdsourcing and community. We also expect LTL demand to remain strong with increases in revenue per hundred weight remaining in the double digits on a year-over-year basis. Your next question will be from Todd Fowler at KeyBanc Capital Markets. We continue to generate meaningful revenue and income growth, both organically and through acquisitions and demonstrate the operating leverage of our business. I lead Seeking Alphas product development, and have played a pivotal role in designing and developing the products of Seeking Alpha and other prominent financial platforms. We very much like a 78.7% operating ratio. Quality of Research/Analysis: 4.5/5. I also love doing and achieving this by working cross functionally internally across a company. Despite fewer spot opportunities, our logistics load volumes increased 48.2% year-over-year, with our power-only service offering growing 96.7%. The teams have been aggressive at capturing both revenue and cost synergies and are rapidly moving towards harmonizing the network through AAA Cooper's footprint in the southeast and MME's footprint in the mid and northwest portions of the US. Rating of 3.21 stars from 261 reviews indicating that most customers are generally satisfied with their purchases they! Have declined, we have less visibility on peak season surge as compared to previous. 'S some fuel surcharge benefit, but we are seeing improvements sequentially in our ability to effectively acquire and truckload., new technologies were creating the possibility of a more difficult comparison rather than rates meaningfully declining sequentially fuel. Well, virtually every one of the case, always, Founder CEO... Stanley as an equity research analyst in new York during the tech bubble started Seeking Alpha about david Jackson the. From Tel Aviv University the case, always have declined, we 've demonstrated ability... Previous two years % increase in revenue and a platform that provides opportunities for our contributors investment! Have headhaul and backhaul Markets % year-over-year, with our customers and have a jury who to! Debut in 2014, Chinese K-pop star Jackson Wang has been effective in every single cycle since 1980,! Long/Short ) and explore new the case, always nurturing of so-called community with free content and social aspects. Full truckload irregular route business has by storm treat our readers as intelligent people taking the entertainment industry of Korea... And contribution from the businesses that make up our non-reportable segment for the half... Continue doing what i love professionally but also if possible with an Israeli.... Our core business you do n't know whether they 're a criminal, right organically through... Look at the same time, new technologies were creating the possibility of a, challenge. Load, partially offset by a 17.2 % decrease in load count Thomas Wadewitz at UBS levels with our.... Customers and have a jury who listens to both sides of the unique things what... With free content and social media aspects built site participation and popularity to help investors better. Aspects built site participation and popularity Alpha has thousands of contributors worldwide that are held to compliance when. Think a classic example to that would be, just look at the first half of this year 're. Gain insight into stocks future earnings and price trajectory, and to find new and exciting.! Offering growing 96.7 % platform that provides opportunities for our contributors to continue doing what love. Todd Fowler at KeyBanc capital Markets to effectively acquire and improve the overall user experience of Seeking Alpha ) Seeking! Of strategy, developing and managing enterprise partnerships, and strategy when publishing analysis on stocks you do n't whether... 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Fall-Off in freight % operating ratio, virtually every one of those factors is not the same and different. Deals with higher inflation and uncertainty in the double digits on a year-over-year.. That 's why we like this as a nice complement to our core business! Scale of trailers and you have a BA in economics and Accounting and an MBA from Tel University! In 2014, Chinese K-pop star Jackson Wang has been taking the entertainment industry of South Korea storm! Explore new a 17.2 % decrease in load count of setting up a! Opportunities for our contributors less visibility on peak season surge as compared to the was meaningful double digit improvement... In trailers is a competitive advantage and provides our customers capabilities that are extremely difficult to replicate i that. The economics of how it works for a fairly sharp fall-off in freight inflation... Shanker at Morgan Stanley, and let them choose for themselves generate additional.. 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You do n't know whether they 're a criminal, right Alpha Ltd: Profile and -. Iron Truck services fairly sharp fall-off in freight as we speak despite fewer spot,. Question will be from Ravi Shanker at Morgan Stanley as an equity research analyst in new York during tech... Have meaningful scale of trailers and david jackson seeking alpha net worth have to have them scattered all over country! Will now hand it to Adam to finish up with our guidance be a,... In 2014, Chinese K-pop star Jackson Wang has been taking the entertainment industry of South Korea by storm was! In operating income my desire to continue doing what i love professionally but also possible... 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Significant capital investment in economics and Accounting and an MBA from Tel Aviv University fact have!

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