Wednesday, December 20, 2006

My Favorite BLOG

Aside from this one, of course, would have to be Seeking Alpha. While the rest on my list are good - Seeking Alpha provides a trading education and more trading ideas per inch of column space each and every day of the week than all of those and then some put together. It is an aggregator and as such pulls in the writings from the best and the brightest on the web today - for example Trading Goddess has had a column on the site. Barry Ritholtz is a regular contributor as are a dozen or more other folks who's opinions I respect and admire.

It is a low key site with one small advertisement and the best part it is totally free. If you want to make comments you can register with the site but otherwise you can read everything on there for the cost of your time alone.

Those of you who are new to trading might not understand Alpha and Beta as it is used in this business. - Beta is the return of the benchmark index and your portfolio is said to be tracking Beta when its return is equal to the benchmark. Alpha is the return over and above Beta and thus it is what we all seek to achieve (otherwise we would just invest in an index fund and call it a day). When you are seeking Alpha you are looking for profits over and above the routine and that what the site helps you find.

2 comments:

Trading Goddess said...

Thank you for the mention. :)

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