Awesome hedge fund and piggyback investing blogger, MarketFolly, just launched a subscription newsletter, Hedge Fund Wisdom (HFW).
A take-off of his great blog, Jay at MarketFolly has produced a quarterly newsletter that looks at entire portfolios of hedge fund gurus (like Seth Klarman, Bill Ackman, Warren Buffett) and analyzes their quarterly moves. The premium newsletter also identifies 3 different individual stocks and breaks down the thesis, examining why the guru investor is buying a particular stock, what the catalysts are and importantly, what’s the bear case. These stock picks are the hidden gems of the newsletter and are written up as a hedge fund analyst would present these ideas to a portfolio manager.
Research shows that piggybacking certain professional investors does work and investors who subscribe to this methodology will find the Hedge Fund Wisdom newsletter a good resource.
All in all, you’re looking at 75 pages of investing goodness — priced for early sales at a nice introductory offer.
Check it out at hedgefundwisdom.com
From the August 6, 2010 marketfolly review of Tradestreaming:
If you’re looking for another book on the same old topic of stockpicking, then this isn’t for you. However, if you’re searching for a new-age approach to investing that incorporates the use of copious online resources (including social media), then you’ve found the right book. Readers of Market Folly should find this work of particular interest given its focus on mimicking top hedge fund managers, a topic we cover on a daily basis…
The review ends:
Novice investor? This book is a great place for you to start. What better way to learn the ropes than by watching and mimicking the pros. Intermediate or advanced investor? There’s guaranteed to be plenty of new resources and tools for you to learn about that will highly complement your regular research regimen. There’s hundreds of different books out there that train you how to pick stocks. This book does not do that. Instead, Tradestream Your Way to Profits teaches you how to incorporate new online tools, methods of research, and investment approaches in order to construct a more profitable portfolio. — marketfolly
Read the rest of marketfolly’s Tradestreaming book review.