Author Topic: Sources of inspiration  (Read 24595 times)

Okonomen

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Sources of inspiration
« on: August 31, 2019, 10:16:25 AM »
Hi

Just curious about how people generate/find ideas. What websites do you use?

I got a few:
Dataroma.com
Seekingalpha
Valueinvestorsclub
This forum of course


DooDiligence

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Re: Sources of inspiration
« Reply #1 on: August 31, 2019, 01:25:31 PM »
Hi

Just curious about how people generate/find ideas. What websites do you use?

I got a few:
Dataroma.com
Seekingalpha
Valueinvestorsclub
This forum of course

Same + a well curated (and filtered) Twitter feed.
Healthcare 20.9% - EW NVO // BRK.B - 22.7% // Auto's & Oil 14.7% - CLB GPC VDE

Banking 10.2% - WFC // Entertainment 4.8% - DIS // Drinkers & Smokers 7.0% - MO

Retail 1.5% - ULTA

---

%'s held @ MV 11/29/2019 minus 18.2% investable cash

i trumpet my ignorance

https://twitter.com/tunawish

Gregmal

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Re: Sources of inspiration
« Reply #2 on: August 31, 2019, 02:07:09 PM »
I'd add microcap club to the above list but also mentioned that meetings plus investor conferences plus regular contact with other investors sprouts more ideas than anything else.

Another very valuable strategy Ive found is peer groups. Say you are a guy with a fancy for real estate companies. Go to the 10K and find the companies peer group. Then go to each of those companies 10K's find the peer group. This can take you to some pretty interesting and unknown places. Some times I'll go back to annual reports from 5-10 years prior and do the same.

DW

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Re: Sources of inspiration
« Reply #3 on: August 31, 2019, 02:43:19 PM »

Same + a well curated (and filtered) Twitter feed.

Iíve never really thought of Twitter as a source of information. Are you following news sources (i.e. WSJ, FT, CNBC, Bloomberg) or something else?

David

Gregmal

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Re: Sources of inspiration
« Reply #4 on: August 31, 2019, 02:51:23 PM »

Same + a well curated (and filtered) Twitter feed.

Iíve never really thought of Twitter as a source of information. Are you following news sources (i.e. WSJ, FT, CNBC, Bloomberg) or something else?

David

If you're looking at smaller or less followed companies, simply searching various forms of that companies name/tickers/info on Twitter is actually extremely useful. A more streamlined Google search IMO.

Spekulatius

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Re: Sources of inspiration
« Reply #5 on: August 31, 2019, 04:00:41 PM »
Reddit has a collection of hedge fund letters that are posted there. I have found it to be an excellent source of ideas and co comets.

I agree with Gregmals peer analysis. If you find an idea, look at the peer companies in the same business.I often find some I like better. Also a trick I have found is in google charts there is a list “People Leo watch”, which can be illuminating..

Twitter is great - you start to follow some folks and then find out who they follow. a lot of investors are 90% there for fintwit.

Then there are blogs. The Long term value blog is sort of inactive, but his blog roll is one of the best:
https://longtermvalue.wordpress.com/
« Last Edit: August 31, 2019, 04:05:02 PM by Spekulatius »
Life is too short for cheap beer and wine.

DooDiligence

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Re: Sources of inspiration
« Reply #6 on: August 31, 2019, 04:06:18 PM »

Same + a well curated (and filtered) Twitter feed.

Iíve never really thought of Twitter as a source of information. Are you following news sources (i.e. WSJ, FT, CNBC, Bloomberg) or something else?

David

If you're looking at smaller or less followed companies, simply searching various forms of that companies name/tickers/info on Twitter is actually extremely useful. A more streamlined Google search IMO.

^^^^^^
   This

When you search tickers, you'll find a lot of robo-posters but you'll also find finance pro's who are discussing.

You can also start with some reputable accounts & dig in to who they follow:

@LibertyRPF
@SuperMugatu
@SconnieTrader
@trengriffin
@mr_skilling
@greenbackd
@MineSafetyBot
@wabuffo
@Hipster_Trader
@AustinValue
@JerryCap
@John_Hjorth
@giovfranchi
@Clownbuck
@AlexBossert
@ROIChristie

These aren't in any particular order & I could go on, and on, and on, but this is enough to get you started.

I avoid following news services.

I do heinously un-due-dilligence & fortunately there are a ton of people who are gracious enough to share.

One day I hope to pay some of them back (in small part) with a bit of musical entertainment.
« Last Edit: August 31, 2019, 04:11:09 PM by DooDiligence »
Healthcare 20.9% - EW NVO // BRK.B - 22.7% // Auto's & Oil 14.7% - CLB GPC VDE

Banking 10.2% - WFC // Entertainment 4.8% - DIS // Drinkers & Smokers 7.0% - MO

Retail 1.5% - ULTA

---

%'s held @ MV 11/29/2019 minus 18.2% investable cash

i trumpet my ignorance

https://twitter.com/tunawish

DW

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Re: Sources of inspiration
« Reply #7 on: August 31, 2019, 04:23:30 PM »

Same + a well curated (and filtered) Twitter feed.

Iíve never really thought of Twitter as a source of information. Are you following news sources (i.e. WSJ, FT, CNBC, Bloomberg) or something else?

David

If you're looking at smaller or less followed companies, simply searching various forms of that companies name/tickers/info on Twitter is actually extremely useful. A more streamlined Google search IMO.

^^^^^^
   This

When you search tickers, you'll find a lot of robo-posters but you'll also find finance pro's who are discussing.

You can also start with some reputable accounts & dig in to who they follow:

@LibertyRPF
@SuperMugatu
@SconnieTrader
@trengriffin
@mr_skilling
@greenbackd
@MineSafetyBot
@wabuffo
@Hipster_Trader
@AustinValue
@JerryCap
@John_Hjorth
@giovfranchi
@Clownbuck
@AlexBossert
@ROIChristie

These aren't in any particular order & I could go on, and on, and on, but this is enough to get you started.

I avoid following news services.

I do heinously un-due-dilligence & fortunately there are a ton of people who are gracious enough to share.

One day I hope to pay some of them back (in small part) with a bit of musical entertainment.


Awesome. Thanks. Iíll check it out.

writser

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Re: Sources of inspiration
« Reply #8 on: September 01, 2019, 01:46:26 AM »
Twitter is useful but tends to drift towards the ďhype of the dayĒ: Burford, GE, WeWork, etc. Interesting and fun but usually not investable ideas (for me). Twitter can be useful to search for a ticker to find some recent discussion. Only works with illiquid stocks though: search for $AAPL and you will find piles and piles of trash. Also, maybe this is a pet peeve of mine but there are a lot of people peddling pseudo-intellectual nonsense on Twitter about mental models, self-improvement, moats, and quotes from Seneca, the wonders of compounding or whatever. Farnam street is the worst exponent of that nonsense. Prune your feed aggressively. Focus on the very small group that discusses actual valuations of stocks

I think following some blogs in a feed aggregator is more productive. Most of my favorite blogs are listed in this thread: http://www.cornerofberkshireandfairfax.ca/forum/general-discussion/news-kids-on-the-blog/ .

I also follow a lot of filings and have huge watchlists at yahoo and seekingalpha to stay up to date with stocks I have looked at in the past. VIC, CoBF are also decent and I frequent a few private forums.

As with Twitter, the watchlist thing only works with illiquid microcaps: if you add, for example, AAPL or BRK your news- and article feeds will get swamped by non-news and computer-generated clickbait.
« Last Edit: September 01, 2019, 02:02:58 AM by writser »
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SharperDingaan

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Re: Sources of inspiration
« Reply #9 on: September 01, 2019, 08:15:50 AM »
Just pick a wide variety of global business related press.
And once/quarter filter on your indices of choice, for the best and worst industries/companies.

Select a variety of press to minimize the propaganda. Al Jazeerah is a great innoculant!
Go your own way, and don't just follow others.

SD