Posted on June 28, 2010 at 5:41 pm UTC
Top investment gurus like Benjamin Graham, Warren Buffett, Peter Lynch, and Joel Greenblatt didn’t only help investors enjoy huge market-beating returns in their funds. They also left behind the keys to the (investing) castle: the methodologies they applied in their market-trouncing performance. They’ve written books, complete with formulas and strategies, that propelled them to the top of their games and gains. Tradestreaming aims to recreate these strategies as we pave our own way to outperformance.
Because a small number of expert investors wrote extensively about their investing techniques, we can now create complicated computer programs to reenact their strategies and apply them to today’s stock markets. Screening 2.0 is all about using smart technology to bring history’s best investors back to life.
Stock screens have been around for decades. Using screens, we can filter through thousands of investment candidates on the prowl for the ideal investment. Old screens merely searched databases of stocks using specific criteria (i.e. all large cap stocks with a p/e less than 20 and a growth rate over 7%). Unfortunately, for most investors, these screens fail — searching for specific stocks tells us nothing about the success of such a strategy.
Screening 2.0, lead by analysis and money management firm, Validea, allows us to recreate history’s best investment strategies, computerize them, and then look for stocks that guru investors like Ken Fisher and Marty Zweig would have purchased themselves. Screening 2.0 is the marriage of search technologies and artificial intelligence with quantitative investing.
Make sure you check out the Tradestreaming for the Internet’s best stock screening resources.
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Posted on June 27, 2010 at 12:26 pm UTC
Throughout the writing of my book, Tradestreaming, I’ve been asked time and time again if there are any good resources (lists, really) of the top investment newsletters. Unfortunately, there aren’t any all-encompassing sites that investors can tap. This post is a start. Please comment or contact me if you have anything to add, as well.
Top investment newsletter resources
There a couple of firms that market multiple newsletters. Sometimes, these are just publishing firms that produce different products. Others, like Forbes, market 3rd part newsletters.
Diversified investment newsletter businesses
InvestorPlace: Philips Newsletters, a giant in the financial newsletter place, uses InvestorPlace as its flagship site to market its newsletters.
StockTwits: More blogs/trading systems than traditional investment newsletters, StockTwits’ store sells subscriptions to the blogs of many of StockTwits’ top investors and analysts.
Cabot: In the business for 40 years, Cabot publishes a variety of newsletters.
MoneyWeek: The UK’s best selling finance magazine also offers a variety of subscription investment letters.
Stansberry Research: Another 800lb gorilla in the financial newsletter space, Stansberry publishes almost 20 different subscription newsletters
Motley Fool: Of course, we couldn’t leave out The Fool — they’re got a stable of about 10 newsletters.
3rd part newsletter distributors
Forbes Newsletters: In addition to the Forbes.com site, the old business mag distributes both their own premium newsletters as well as leading newsletters like Al Frank’s Prudent Speculator and the Obeweis Report.
Financial newsletter directories
MarketWatch Newsletter Directory: Dow Jones’ MarketWatch has a database of many of the industry’s top financial newsletters.
Newsletter Access: This site claims a directory of over 9000 investment letters
Seeking Alpha’s Newsletter Authors: The financial content aggregator has a listing of all its authors categorized as newsletter authors
Investment Newsletter Benchmarking
Hulbert Financial Digest: Mark Hulbert has been following the performance of top newsletters for heaven-knows how many years. He publishes a newsletter himself of his findings on which newsletters exhibit top performance — and which don’t.
Investimonials: Users submit their own rankings on many of the industry’s leading investment newsletters.
Crowdsourced Trading Strategies
Zignals: Not sure why more people don’t know about this Irish firm but they allow users to publish trading strategies and investors to subscribe to them.
The Equity Performance of Investment Newsletters
Herding Among Investment Newsletters: Theory and Evidence
Market Timing Ability and Volatility Implied in Investment Newsletters’ Asset Allocation Recommendations
The Performance of Investment Newsletters
How to Start an Investment Newsletter
NewsletterGrowth: This is a shameless plug for a site that I’m incubating that really helpful for investment newsletter writers/publishers and people thinking about getting into the business to maximize their writing, marketing, and monetization of their investment newsletters. Check it out — there’s also a 20+ page ebook about how to start an investment newsletter.
What to do next
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