Tweet
i'm curious to know where the members of this board turn for information and analysis. and what you value about each source. i think this would tell us something about each other, and spelling it out might tell us something about ourselves. also, i might pick up an idea or two.
my own information sources/readings/subscriptions:
richard russell's dow theory letters- 5 or 6 a week. i've been subscribing for several years. i value his analysis especially because he is not an idealogue or a stopped clock. he has for some time been negative or wary about the stock market, although he did recommend long side trades in 2002 and 2003, making clear they were trades only, as he has believed we are in a secular bear market since late 1999. he has also been investing in gold since at least 2001 iirc, but has not historically been a perennial goldbug.
john hussman- i read his free weekly column at hussmanfunds.com. for a while in the 90's i subscribed to the newsletter he was writing then, and even then i thought he was one of the smartest guys and clearest thinkers writing about the market. back then he had not developed his "market climate" concept, so he just was continually flabbergasted by the crazy valuations. i have had 30% of my assets in his strategic growth since shortly after its inception. it is the only exposure i will have to the general stock market, because i trust his ability to hedge risk. he has been 100% hedged almost all the time in the last 2-3 years. [btw, he has another web site, http://www.hussmanfitness.org/ which he did several years ago as a hobby and a public service: nutrition, fitness, exercise, etc, synthesized by a very bright guy who has nothing to sell you. he's also the only writer i know who, on rare occasions, will write about buddhist principles of investing.]
bill fleckenstein's market rap- 5 a week. i've been reading fleck for years, since he was posting on silicon investor. he runs a shorts only hedge fund, he's kinda bearish but a clear thinker who keeps me in touch with the daily rhythms of the market. and sometimes he's very funny.
fred hickey's tech newsletter- he's been quite bearish on the sector for some time.
contraryinvestor.com - 2 a week. i've subscribed for years now. they do a free monthly if you want to get a feel. good background, mostly expressed in graphs, give a feel for things like mutual fund sector weightings, money flows, information buried in the flow of funds reports, etc. e.g. some time ago they highlighted the middle-eastern sourced money flows being directed through london and the caribbean, and the changes implied compared to the prior flows originating in asia.
credit bubble bulletin weekly [free] by doug noland at prudentbear.com- i've read this for many years. i used to read every word, and it really helped educate me, especially in thinking about systemic risks. e.g years ago noland was writing about hyman minsky's work on financial markets and risk, the progression from stable to speculative to ponzi finance and the way that stability leads to increased risk taking which leads to increased instability. these are ideas that i've been seeing only lately in other places. now i just read his analytical piece at the end of each weeks column.
mark faber- monthly. i've been subscribing to gloom, boom and doom for a few years. i made enough money on a pair of argentinian real estate stocks he recommended several years back for me to feel that he's covered the subscription costs for many years to come. however, sometimes i wonder whether i should bother continuing to subscribe, as he has pieces available for free around the web, and his general level analysis doesn't add to what i've got from elsewhere. i guess i'm waiting for the next tidbit like those argentine stocks.
gave-kal - i don't subscribe [it's very, very expensive] but i read whatever i can get my hands on. i recommend their book "our brave new world." it is sunnily bullish, and i fundamentally disagree with their conclusions, but their arguments are very stimulating and thought provoking.
pimco - free monthly columns by bill gross and by paul mcculley. gross' columns in particular can be quite incisive.
barrons - whatever looks interesting that week.
john mauldin's [free] weekly column at 2000wave.com. mauldin is another clear thinker. his "muddle through" scenario is sunnier than the predictions of most of the folks i read, but i like his thinking. he also does wide ranging analytical pieces that are always worth a look, and his weekly [also free] "outside the box" by various "guest" authors are sometimes quite interesting.
ecri- i subscribe to their "lite" package which essentially gives me a look at their weekly leading index and its growth rate, as well as their future inflation guage. i believe they have the best record around in economic forecasting, and i use this to keep my feet on the ground and not get carried away by all the bearish folks i read. i can read about gloom and doom, but every week i look at the ecri numbers and see their prediction of clear sailing. or i used to, the last few weeks the leading index has been deteriorating but they have made no prediction of recession. yet.
itulip- just came upon the site a few months ago, although i was also aware of it, and read it a few times, during its previous incarnation.
fullermoney.com - i sometimes look at the free daily posting
forbes.com- i check in periodically to see if there's anything new by james grant or gary shilling. they're the only guys i read there. if you check periodically you can read their columns for free.
those are the ones that come to mind, anyway.
my own information sources/readings/subscriptions:
richard russell's dow theory letters- 5 or 6 a week. i've been subscribing for several years. i value his analysis especially because he is not an idealogue or a stopped clock. he has for some time been negative or wary about the stock market, although he did recommend long side trades in 2002 and 2003, making clear they were trades only, as he has believed we are in a secular bear market since late 1999. he has also been investing in gold since at least 2001 iirc, but has not historically been a perennial goldbug.
john hussman- i read his free weekly column at hussmanfunds.com. for a while in the 90's i subscribed to the newsletter he was writing then, and even then i thought he was one of the smartest guys and clearest thinkers writing about the market. back then he had not developed his "market climate" concept, so he just was continually flabbergasted by the crazy valuations. i have had 30% of my assets in his strategic growth since shortly after its inception. it is the only exposure i will have to the general stock market, because i trust his ability to hedge risk. he has been 100% hedged almost all the time in the last 2-3 years. [btw, he has another web site, http://www.hussmanfitness.org/ which he did several years ago as a hobby and a public service: nutrition, fitness, exercise, etc, synthesized by a very bright guy who has nothing to sell you. he's also the only writer i know who, on rare occasions, will write about buddhist principles of investing.]
bill fleckenstein's market rap- 5 a week. i've been reading fleck for years, since he was posting on silicon investor. he runs a shorts only hedge fund, he's kinda bearish but a clear thinker who keeps me in touch with the daily rhythms of the market. and sometimes he's very funny.
fred hickey's tech newsletter- he's been quite bearish on the sector for some time.
contraryinvestor.com - 2 a week. i've subscribed for years now. they do a free monthly if you want to get a feel. good background, mostly expressed in graphs, give a feel for things like mutual fund sector weightings, money flows, information buried in the flow of funds reports, etc. e.g. some time ago they highlighted the middle-eastern sourced money flows being directed through london and the caribbean, and the changes implied compared to the prior flows originating in asia.
credit bubble bulletin weekly [free] by doug noland at prudentbear.com- i've read this for many years. i used to read every word, and it really helped educate me, especially in thinking about systemic risks. e.g years ago noland was writing about hyman minsky's work on financial markets and risk, the progression from stable to speculative to ponzi finance and the way that stability leads to increased risk taking which leads to increased instability. these are ideas that i've been seeing only lately in other places. now i just read his analytical piece at the end of each weeks column.
mark faber- monthly. i've been subscribing to gloom, boom and doom for a few years. i made enough money on a pair of argentinian real estate stocks he recommended several years back for me to feel that he's covered the subscription costs for many years to come. however, sometimes i wonder whether i should bother continuing to subscribe, as he has pieces available for free around the web, and his general level analysis doesn't add to what i've got from elsewhere. i guess i'm waiting for the next tidbit like those argentine stocks.
gave-kal - i don't subscribe [it's very, very expensive] but i read whatever i can get my hands on. i recommend their book "our brave new world." it is sunnily bullish, and i fundamentally disagree with their conclusions, but their arguments are very stimulating and thought provoking.
pimco - free monthly columns by bill gross and by paul mcculley. gross' columns in particular can be quite incisive.
barrons - whatever looks interesting that week.
john mauldin's [free] weekly column at 2000wave.com. mauldin is another clear thinker. his "muddle through" scenario is sunnier than the predictions of most of the folks i read, but i like his thinking. he also does wide ranging analytical pieces that are always worth a look, and his weekly [also free] "outside the box" by various "guest" authors are sometimes quite interesting.
ecri- i subscribe to their "lite" package which essentially gives me a look at their weekly leading index and its growth rate, as well as their future inflation guage. i believe they have the best record around in economic forecasting, and i use this to keep my feet on the ground and not get carried away by all the bearish folks i read. i can read about gloom and doom, but every week i look at the ecri numbers and see their prediction of clear sailing. or i used to, the last few weeks the leading index has been deteriorating but they have made no prediction of recession. yet.
itulip- just came upon the site a few months ago, although i was also aware of it, and read it a few times, during its previous incarnation.
fullermoney.com - i sometimes look at the free daily posting
forbes.com- i check in periodically to see if there's anything new by james grant or gary shilling. they're the only guys i read there. if you check periodically you can read their columns for free.
those are the ones that come to mind, anyway.
thanks!
Comment