tech/a
No Ordinary Duck
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Which investment newsletter is good?
- Thread starter adhityag
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Your hero worship is touching but unless his performance results in his public systems are better than published (and I notice he no longer has them on his website but he did back in the day) his systems have delivered poor to mediocre results over the past few years. If he is understating the results of his systems than he'd have to be the first newsletter guy in history to be so modest.
The other alternative would be if he had some non-public better performing systems. That would seem to be pretty unethical.
tech/a
No Ordinary Duck
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Nuff said he's a mate
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I've wondered about this...what if you front ran and bought the day before you knew a 'signal' to buy was going out to a very large subscription base, you'd feel pretty betrayed.
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You'd be p!ssed big time, ... unless you made a sh!tload.
Rene Rivkin back when he used to run the Rivkin Report got caught encouraging subscribers to buy a smallish resources company meanwhile he was selling.
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Re: Cribsheets: Your considered opinion, please?
What if the amount of buried treasure is contingent on how many people know about it and believing that its there? If I find a good company and buy into it (or see a tradable pattern, etc), I may have to wait a while for other market participants to also realise its value (or see the pattern)... or... I could tell people about it... write a newsletter perhaps? And charge people for it while I'm at it.
That being said, those that write newsletters generally do so because they are doing a bunch of research and selling that research on to you. It should make up part of your investment decision making process. They aren't money managers, so they don't manage positions or portfolios and won't tell you how much of your personal portfolio to allocate, but they are tasked mainly with giving you ideas that you wouldn't normally have gotten without them. That's what they are paid to do. It's their occupation.
Just like anybody with a job, surgeon or butcher... the same can be asked of them, why do it for someone else and get paid a wage than go on your own and make much more? Some of them do (just like I'm sure some people are making squillions), but some of them... they would rather have a job.
What if the amount of buried treasure is contingent on how many people know about it and believing that its there? If I find a good company and buy into it (or see a tradable pattern, etc), I may have to wait a while for other market participants to also realise its value (or see the pattern)... or... I could tell people about it... write a newsletter perhaps? And charge people for it while I'm at it.
That being said, those that write newsletters generally do so because they are doing a bunch of research and selling that research on to you. It should make up part of your investment decision making process. They aren't money managers, so they don't manage positions or portfolios and won't tell you how much of your personal portfolio to allocate, but they are tasked mainly with giving you ideas that you wouldn't normally have gotten without them. That's what they are paid to do. It's their occupation.
Just like anybody with a job, surgeon or butcher... the same can be asked of them, why do it for someone else and get paid a wage than go on your own and make much more? Some of them do (just like I'm sure some people are making squillions), but some of them... they would rather have a job.
I have a SMSF and am approaching retirement. I tried Markettiming and lost quite a bit. I have subscribed to Eureka for several years now. I was disappointed recently when they recommended Nanosonics, then ceased coverage as the analyst covering it left. You'd think they could have got someone else to replace him. They've been bought by News Limited which is a worry. I looked at Motley Fool but their heavy-handed sell and spam emails put me right off. I trade using etrade which gives recommendations (via Morningstar). I usually tally that up with what Eureka says, then look at the chart, check out the company website, google them and think about the mega-trends taking place before deciding to invest. I enjoy Marcus Padley's articles in the Saturday Herald and I like his thinking.
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I have been using Stock Doctor (Lincoln Indicators). The difference with Stock Doctor it does not give you any buy or sell recommendations, what it gives you is consenus behind the commpany fundamentals so you are to make a better descision.
Kind Regards
christianrenel
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Same here christianrenel, StockDoctor pays for itself many times over by keeping you out of the crappy stocks.
My list of stocks that I scan for my SMSF is just 447 stocks.
The bit that amazes me is how many people think that it is very expensive, usually the same people who have a large bottom drawer and numerous subscriptions.
I have subscribed to and trialled numerous publications etc over the years, have never found even one that I would trust or one where you couldn't do better with a couple of MA's.
Fraxinus, definitely have a look at StockDoctor imo.
Thanks for that suggestion. I will definitely do that.
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There is an updated thread on this.
