Liger Cub
679 posts
Liger Cub
@realLigerCub
Long-biased microcap stockpicker. Author of Byron Street Research. Read my disclaimer on each report.
Joined May 2023
- BLOOMBERG KILLERS In the past, you had no choice. Open your BBG terminal, grab your HP 12C, and hunt. Now, Bloomberg has real competition at the high end w/ LSEG, Cap IQ, and FactSet. And forget the HP 12C. Excel is all you need. But what if the cost is still too high? Good
- For those wondering, here you go:
Decorative idea: @BillAckman has his core investment principles engraved on a stone tablet on his desk. - HF HEADHUNTERS Headhunters are the "gatekeepers" of the hedge fund industry. Unlike in IBD, recruitment on the buy-side is often limited, w/ a few exceptions (read MMs). For instance, the typical size of a SM team ranges from 7 to 15 investment professionals, w/ some operating
Results of head-hunter (HH) crowdsourcing. I learned there are a LOT of head-hunters out there! Generally the way HH seems to work - junior level HH is more of a production line through the top 2: (cue the Ken Murray comments...) Here are the more junior focused HHs: - BLOOMBERG KILLERS - PART II Last week, I shared a list of 55 BBG killers that are either free or offer extensive free functionalities. But not all of us are poor as hell and on the brink of bankruptcy. If your budget allows, you can build a far more efficient BBG alternative, or
BLOOMBERG KILLERS In the past, you had no choice. Open your BBG terminal, grab your HP 12C, and hunt. Now, Bloomberg has real competition at the high end w/ LSEG, Cap IQ, and FactSet. And forget the HP 12C. Excel is all you need. But what if the cost is still too high? Good - "The winners need to be naturally motivated to jump out of bed before 6 a.m., be at their desks by 7:30 in preparation for their morning meetings, and willing to work evenings and weekends to develop an edge." From Best Practices for Equity Research Analysts. A must!
- Investment Classics There’s no shortage of recommended reading lists out there. This one compiles only those books with near-universal acclaim.
- John Griffin, ex right-hand man to Julian Robertson and founder of the now-closed Blue Ridge Capital, taught several classes at UVa and Columbia: The Analyst’s Edge, The Investor’s Edge, Seminar in Advanced Investment Research, and Securities Analysis and Idea Generation.
- Decorative idea: @BillAckman has his core investment principles engraved on a stone tablet on his desk.
- BLOOMBERG KILLERS - PART III ChatGPT took the world by storm in late 2022, with the finance industry trying to keep up with rapid AI developments. For example, Bloomberg introduced BloombergGPT just months later, while major competitors like LSEG, CapIQ, and FactSet are now
- "How to Detect Accounting Gimmicks and Fraud in Financial Reports"
- Steve Mandel killed it again in 2023 - published in Jan but brought to my attention by Ken Griffin's investor letter.
- A list of smaller, underfollowed stocks that Craig-Hallum believes have the potential to become much larger.
- A second reminder that ~100 more industry primers from 2019 are available here: drive.google.com/drive/u/0/fold…Reminder: Back in 2013, a kind soul shared ~100 industry primers (now outdated), available here: dropbox.com/scl/fo/36jee9k… Includes the following: • Demographics and Asset Prices - Credit Suisse (2012) • Global Energy Industry Primer - Credit Suisse (2012) • Global Financial
