Financial Blog Links
There are now thousands of financial blogs out there, but the number of worthwhile blogs isn't very high. (A "worthwhile blog", to me, does one of two things well (with some doing both): 1) Presents the commentary of the blogger which, over time, has proven to be insightful and valuable, and/or 2) Calls attention to important articles that have been posted on the Web that may have been overlooked amidst the blizzard of information.)
In alphabetical order, these are the five "worthwhile blogs" that are on my must-read list.
- Henry Blodget, the former Internet analyst, leads a team that posts many
often-irreverent but always-fascinating things every day. (Fascinating? Doesn't "An
Old Lady's Three $60 Shares From 1935 Are Now Worth $7 Million" sound fascinating?) They start
very early in the morning, so it's a good bring-you-up-to-speed read -- and
there are more than enough gems on the site to make it worth your while.
- They call themselves "A Financial Tabloid" -- and indeed they are -- but with Wall Street seemingly getting
more and more sordid by the day I can't resist taking a surreptious peek at this blog every day.
- From the Financial Times (which, post-Murdoch, has replaced the Wall Street Journal as
the best financial newspaper in the world). A distinctly British take on things from
a bevy of FT correspondents plus a very-early-in-the-day list of articles you should read. (The
Brits start their day five hours before we do, so Alphaville is already loaded with
information well before the sun rises on Wall Street -- making it the must first-read of the day.)
- market folly
- This misnamed blog keeps tabs on what the dominant players on Wall Street, big hedge funds,
are doing by posting their quarterly investor letters and tracking changes in their holdings via
their 13F filings.
- This one's just about impossible to describe; run by "Tyler Durden" (a non de plume for,
allegedly, many different posters), its underlying thesis is that the Big Boys, on both Wall Street
and in Washington, have rigged the market/gamed the system for their benefit -- and their benefit
alone. Since this doesn't seem to be
a totally-irrational assumption in all-too-many cases, Zero Hedge is definitely worth reading -- especially when Durden
et al come up with real-life examples, complete with charts and quote machine screen shots, to back
up their thesis (which they do depressingly often).
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