Tadas Viskanta has been at the forefront of the next generation of financial content for years.
His Abnormal Returns blog is the place investors — ravenous for the day’s most impactful news and analysis — start every trading day.
Tadas is out with a new book that really is a culmination of 9 years of work, scouring the Internet for the best and most interesting trading strategies and technologies.
Tadas joins us for to talk about his work on this week’s episode of Tradestreaming Radio.
Listen to the FULL Episode
Continue reading “Winning investment strategies from the frontlines of the blogosphere – with Tadas Viskanta”
Must like the cliche, writing a book is a labor of love. Tradestream took me about a year from start to finish.
And it’s true: Very few people make real money penning their investment ideas. But that doesn’t mean writing an investment book is a losing endeavor.
Here’s 10 reasons why you should write a book:
- New clients: Bringing in investment advisory/financial advisory clients in today’s market requires having a wide sales funnel. The book and international distribution allow me to scale my presence into various markets I wouldn’t normally penetrate.
- Another revenue stream: In Tradestream, I discuss how some advisors are creating new revenue streams (also, see here). A book, though not big money, gives you some diversification in earnings.
- Expanded media opportunities: Newspapers, blogs and other media outlets are always looking for fresh ideas and new authors are an age-old source of them. Writing a finance book puts you in play to be included as a guest author/contributor.
- Reputation builder: walking into meetings with a book in hand that you’ve written brings a lot of cred with it. Investment advisory clients like to know that their advisor is respected in his field. A book spells respect. When journos look for a source on a particular topic, a books presents you as the go-to expert.
- Deal flow: Writing and publishing Tradestream has brought me new business, sure. But it’s also brought me consulting and speaking gigs that I wouldn’t necessarily have received if I wasn’t in the market with my book.
- Change momentum: As Seth Godin says, “If you want to change people, you must create enough leverage to encourage the change to happen“. Books change lives everyday. Writing a book can create a movement, not just forward ideas.
- Looking for a job/career change: If writing a book builds reputation, then doing so is one of the best ways to land a sweet gig or job. Prospective employer: “I’m not just hiring anyone…I’m hiring the guy who wrote the friggin’ book on X”
- Create cornerstone for more products: Not everyone in the investment field is interested in managing portfolios. There are opportunities in training, job search, education, compliance (yech). If you’re interested in other parts of the investment business, a book creates a cornerstone to launch new products like courses off of.
- Get chicks: Well, this hasn’t worked so well for me. But seriously, books are cool and the process of conceiving, writing and publishing a book impresses people. Well, at least it worked for James Altucher.
- Leave a legacy: Many of the authors who participate in my podcast, Tradestream Radio, say that one driver behind their book writing is to leave something over for their kids. Books, in their concrete and virtual form, are commemorations of the thought process and human experience. That goes a long way.
photo courtesy of AngelaShupe.com
Why would you write a book?
Best Practices for Equity Research Analysts: Essentials for Buy-Side and Sell-Side Analysts — James Valentine
The Wall Street Journal Guide for Investing in the Apocalypse: Make Money by Seeing Opportunity Where Others See Peril — James Altucher
Probable Outcomes — Ed Easterling
As One: Individual Action Collective Power — Mehrdad and Quigley
Just finished two books on a recent trip to the UK. I read Crucial Conversations and Saltwater Buddha. Obviously two very different books but both really worth a read. Excellently written and happy I spent the time.
These above links are affiliate links –Amazon would theoretically pay me some lunch money if you purchase the books after clicking on these links.
Thanks to Brenda Jubin PhD on a very flattering review for Tradestreaming.
Miller’s book is something of a travel guide for the investor. It’s written exceedingly well, as one expects of a travel guide. It explains an investor’s options: he can go on a guided tour, join a self-directed group, or strike out on his own. And it provides resources that the investor can tap into depending on which option he chooses.
Jubin does a good job reviewing a prolific number of books with insight and depth of an actual investor/trader. Check out her blog, Reading the Markets.
I’m proud to announce the official sales launch of my book, Tradestream your Way to Profits: How to Build a Killer Portfolio in the Age of Social Media.
It’s been a *long haul* and I received a lot of great help/support from many of the investment industry’s top thinkers. Thanks to everyone who’s listened to my ideas, helped me vet them, contributed their own perspectives and helped propel this work forward (you know who you are :-))
I think this is just the beginning of an exploration of the new modes of investment research empowered by the Internet in general and social media sites like Facebook and Twitter in particular. There is a ton of great stuff going on at startups in Silicon Valley, New York, Europe and Israel.
I plan to continue to analyze tradestreaming strategies and the new technology platforms enabling this all to happen.
To accompany the launch of the book, I’ve compiled an ebook entitled “Tradestreaming and the Future of Investing”. It’s a compendium of opinions from many of the online investing industry’s thought leaders from a variety of different disciplines. It’s a really interesting view about where we are and where we’re headed in financial communications, research, and investing.
Hedge fund analysts, financial advisors and brokers, investment advisors, investment relations professionals, Internet entrepreneurs, and all investors will find something useful and thought-provoking.
You can download it here (.pdf).
What to do next
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