Which Financial Blogs Do You Find Most Rewarding?

[Reub]

Although I do not always agree with him, I find the Hussman Weekly Market Comment very illucidating. You can find it here: http://www.hussmanfunds.com/wmc/wmc110613.htm. It is noteworthy that he has just increased his precious metal exposure to a whopping 18%!

Are there any other market oriented blogs out there that you find to be worthwhile reading?

[AdamA]

Are there any other market oriented blogs out there that you find to be worthwhile reading?

There are no financial blogs I find worth reading for the purpose of obtaining specific investment advice.  However, there are many I like to read purely for entertainment. 

www.elliottwave.com

www.europac.net

www.moneyandmarkets.com

All of these guys have something to sell. 

[Reub]

The Larry Swedroe Blog is also enlightening at times:

http://moneywatch.bnet.com/investing/bl ... investing/

[LifestyleFreedom]

The financial blogs I visit regularly (in order of preference) include:

• WealthTrack (http://www.wealthtrack.com/)(http://www.youtube.com/user/WealthTrack)
• Intelligent Investing (http://www.forbes.com/intelligent-investing/)
• Daily Ticker (http://finance.yahoo.com/blogs/daily-ticker/)
• Financial Sense Newshour (http://www.financialsense.com/financial-sense-newshour/)

I look for concepts and ideas.  I never invest in something because some guru says it's a good idea.  But I will check out the idea further if I think the guru knows what he is talking about.

[Liz L.]

On Twitter, Henry Blodget (@hblodget) is interesting and seems pretty sensible.

[Reub]

I follow James Rickards on Twitter and like his bare-knuckles style.

[Wonk]

I follow James Rickards on Twitter and like his bare-knuckles style.

Ditto that.  Maybe it's just confirmation bias on my end, but Rickards is one of my favorites.  Two things set him apart from most gold bugs: he's well connected to the establishment monetary players and he's measured.  The hysterical nature of some in the pro-gold community can be a turn-off.  He's a calm, reasoned voice who understands the machinations of the central banking community.  Most of the other blogs I've found to be regurgitating the same themes.

[Liz L.]

I also like Rickards (@JamesGRickards) on Twitter, FWIW.

[surensteady]

Porter Stansberry Newsletter is an interesting read but frightening.

I feel like a boy scout. I'll prepare for the worst and hope for the best.

http://www.stansberryresearch.com/pub/r ... issue.html

[MediumTex]

Porter Stansberry Newsletter is an interesting read but frightening.

I feel like a boy scout. I'll prepare for the worst and hope for the best.

http://www.stansberryresearch.com/pub/r ... issue.html

Porter Stansberry appears to have a checkered past:

http://briandeer.com/vaxgen/stansberry-fraud.htm

[surensteady]

One's reputation is all important for sure.....Listen and read many sources but "invest in what you know" has been good advice for me.

...it is claimed that Stansberry & Associates Investment Research “provides independent financial and equity research to 70,000 subscribers worldwide”?.  According to the site, “Prior to launching Stansberry & Associates Investment Research, Porter was the first American editor of the Fleet Street Letter, the oldest financial newsletter in the English language. Porter Stansberry began his career in financial journalism with Welt Publishing LLC, where he covered Latin America's seven major economies and China. Porter Stansberry’s economic background is Austrian; his political philosophy is libertarian; his equity research interests are focused on technological innovation and value stocks. Porter Stansberry is best known for predicting the demise of AT&T and an ongoing legal controversy with the Securities and Exchange Commission over the publication of corporation information in a Stansberry & Associates Investment Research equity research report.”?

[MediumTex]

One's reputation is all important for sure.....Listen and read many sources but "invest in what you know" has been good advice for me.

...it is claimed that Stansberry & Associates Investment Research “provides independent financial and equity research to 70,000 subscribers worldwide”?.  According to the site, “Prior to launching Stansberry & Associates Investment Research, Porter was the first American editor of the Fleet Street Letter, the oldest financial newsletter in the English language. Porter Stansberry began his career in financial journalism with Welt Publishing LLC, where he covered Latin America's seven major economies and China. Porter Stansberry’s economic background is Austrian; his political philosophy is libertarian; his equity research interests are focused on technological innovation and value stocks. Porter Stansberry is best known for predicting the demise of AT&T and an ongoing legal controversy with the Securities and Exchange Commission over the publication of corporation information in a Stansberry & Associates Investment Research equity research report.”?

Here is what Maryland U.S. District Judge Marvin J. Garbis wrote in his opinion finding against Stansberry in a 2007 lawsuit:

Stansberry and Pirate were intimately involved in perpetrating the fraud at issue. Stansberry drafted the Super Insider Solicitation using a Pirate author’s pseudonym, utilized Pirate’s mailing list and newsletter, had sales of the Special Report, had Pirate receive the proceeds and keep the majority for itself.

Furthermore, Stansberry testified that he received a bonus that was a percentage of Pirate’s net income, and that in 2002, the year of this fraud, he “made substantially more.”? He was unable to recall his specific bonus in 2002, estimating that it ranged from between $200,000 and $400,000. Stansberry profited handsomely from Pirate’s gain from the fraudulent scheme.

There are lots of guys out there like this.  They're just entertainers and storytellers, hoping they can fleece their clients enough to make a living but not enough to get in any real trouble.  The matter referenced above just involved a poor calculation of how much people would put up with getting screwed by the people they relied on for investment advice.

With all that said, sometimes people like this are good storytellers, and if someone likes the stories they hear, there's no harm in listening to them and being entertained.  Just keep your hand on your wallet.

[LifestyleFreedom]

With all that said, sometimes people like this are good storytellers, and if someone likes the stories they hear, there's no harm in listening to them and being entertained.   Just keep your hand on your wallet.

This is good advice when listening to any financial broadcast or reading any financial blog (even when there is no intent to defraud involved).

16 Meaningless Market Phrases That Will Make You Sound Smart On TV
http://finance.yahoo.com/blogs/daily-ti ... 55377.html

I worked for a market research firm once that covered a particular industry (it wasn't Wall Street).  The analysts who got ahead at the firm were those who could think on their feet when the trade press called asking about some new product announcement, always mindful that some of the readers of the news story (which would have quotes from the analyst) would also be read by clients of the firm.

Before I worked at this firm, I always wondered how industry (or financial) gurus knew so much.  Now I know how the sausage is made and I discount all such opinions and commentary.

[OHRQ]

There are always some great blogs on the QFINANCE site. Either written by political commentators Anthony Harrington or Ian Fraser, although this isn't a personal venture, they still write some great stuff on a range of financial topics. I read it every day.

http://www.qfinance.com/blogs