Dan Ferris is the editor of The 12% Letter, an income-focused research advisory which looks for the market's best dividend-growth stocks. He is also the editor of Extreme Value, a monthly investment advisory which focuses on the safest stocks in the market: great businesses trading at steep discounts. Dan joined Stansberry & Associates in 2000. He became editor of Extreme Value in 2002. His strategy of finding safe, cheap, and profitable stocks has earned him a loyal following – as well as one of the most impressive track records in the industry. Longtime Extreme Value readers have enjoyed a long list of double- and triple-digit winners thanks to Dan's diligent research, including Gateway (124%), Blair Corp (111%), KHD Humboldt Wedag (249%), International Royalty (248%), Portfolio Recovery Associates (104%), Alexander & Baldwin (201%), and Encana (171%), among many others. Dan's track record is the reason why Extreme Value counts over 20 major financial firms and well-known fund managers as subscribers. In 2010, Dan took over as editor of The 12% Letter. His biggest and most important contribution to subscribers of this income advisory was the introduction of World Dominating Dividend Growers (WDDGs) – the safest income-compounding strategy in the stock market. Dan's WDDGs meet four stringent criteria: They are the No. 1 companies in their industries and the best brand names; they have consistent profit margins and enormous pricing power; they have fortress-like balance sheets; and they pay out ever-growing streams of income to shareholders in regular, uninterrupted dividends. As Dan says, "Financial risk with WDDGs is so low, it's almost non-existent – these companies are safer than Treasury bonds." As 12% Letter subscriber Jeremy M. in Florida told us, "I receive over $2,000 per month. I am pretty well satisfied." And subscriber David D. said: "The 12% Letter has been a boon for my retirement account." As a result of his work in Extreme Value and The 12% Letter, Dan has been featured several times in Barron's, the Value Investing Letter, and numerous financial radio programs around the country.