There’s no shortage of investment websites and blogs out there.
Here are 3 of the best investment blogs that I love learning from each week and that I think should be high on every investors reading list.
1. A Wealth of Common Sense (Ben Carlson)
Where?
http://awealthofcommonsense.com/
What it is?
In his own words:
The main reason I started this website is to try to explain the complexities of the various aspects of finance in a way that everyone could understand.
Both the economy and the financial markets are complex adaptive systems, but I’ve never found complex problems require complex solutions. Common sense and self-awareness are extremely underrated attributes in the world of finance.
Less is more is one of my guiding principles. Perspective and understanding can get you much further than tactics or textbook knowledge.
Why I like it:
Ben articulates what should be common sense investment advice, but most people miss. He’s based in the US but most of his advice is just as relevant to Australian investors.
Some favourites:
- Less is More: keep investing simple
- What happens when there are fewer suckers at the poker table?
- What constitutes long term in the stock market?
- Could index funds become too popular?
Investment knowledge required:
Beginner to intermediate
Topics:
Personal finance, wealth management, investor psychology
2. Jason Zweig
Where?
What it is?
I’ve been a huge fan of Jason Zweig for many years. He is a personal finance columnist for The Wall Street Journal and was editor of the revised edition of Benjamin Graham’s The Intelligent Investor.
Jason writes about how to be a smarter investor, filtering out noise, and why financial history matters. It would be hard to find a more knowledgeable investment journalist.
Jason’s blog “preaches the virtues of patience and condemns bad logic and bad behaviour”.
He’s not afraid to dispel common myths and misconceptions about the funds management industry and his writing inspired Stockspot’s annual Fat Cat Funds Report.
Why I like it:
He’s honest, witty, skeptical and humorous.
In his own words:
When it comes to investing, there’s a world of difference between good advice and advice that sounds good…
To prosper in the long run, you’ve got to be able to separate the good advice from the advice that just sounds good. My goal here is to help you do that.
Successful investing is about controlling the controllable. You can’t control what the market does, but you can control what you do in response.
In the long run, your returns depend less on whether you pick good investments than on whether you are a good investor.
Some favourites:
- Jason’s Statement of Principles
- Saving investors from themselves
- The dying business of picking stocks
- Stock pickers underperform in bad markets too
Investment knowledge required:
Beginner to intermediate
Topics:
Personal finance and wealth management, market history, the investment industry
3. Trade the Tape (Adrian Tout)
Where?
What it is?
Adrian isn’t what you’d call a typical investment blogger. He was an Australian golf prodigy at age 16, trained as an engineer and has spent much of his career working for Google in geolocation, computer vision and augmented reality.
Over the last 20 years he has been trading markets too. Adrian shares his insights on global macroeconomics, investing and markets in his daily blog.
You’ll need to subscribe as it comes via email but it’s free and well worth it.
Why I like it:
Adrian has a knack for piecing it all together and sharing sharp, well researched views of what’s going on in Australia and around the world.
He’s not afraid to have anti-consensus views, he thinks about investing long term and he let’s ‘the tape’ do the talking.
If you’re at all interested in where the Australian economy and housing is headed, the US trade wars with China, or long term market cycles, Adrian is well worth the daily read.
Some favourites:
Investment knowledge required:
Intermediate to advanced
Topics:
Markets, economics, technical analysis and trading
Are there other great investment blogs you enjoy reading? Please share them with us on Facebook or Twitter.
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