Author Archive

  • My 10 Stocks and Big Trends for 2014
    Posted by on December 30th, 2013 at 6:00 am, Comments: 0

    Before we get into the 2014 picks, below are the 2012 and 2013 picks with their associated review posts. 2012 picks – 2012 review 2013 picks – 2013 review To recap, we returned 20% in 2012 and over 80% in 2013, crushing the market both years, beta adjusted. As a small caveat regarding my 10 [...]

  • Please Just Stop Building These Apps
    Posted by on December 27th, 2013 at 6:01 pm, Comments: 0

    You know that scene where you’ve landed in a central american country and you’re driving away from the airport and in the middle of nowhere there sits stand after stand of guys selling coconuts? You look at your friend and say, “why are all of these guys here, does there really need to be 25 [...]

  • Finance People Don’t Have Pseudonyms, and Other Musings On Identity In Social Finance
    Posted by on December 19th, 2013 at 6:16 am, Comments: 0

    There’s been a long running internal debate at Estimize on the product side over how to treat identity. Our CTO and current head of product, Brian Smith, does not come from the financial world. He is a pure hacker, someone who espouses pretty pure believes that align with the way other social platforms on the [...]

  • Estimize Named 1 of Forbes 9 Hottest Startups of 2013
    Posted by on December 18th, 2013 at 1:10 pm, Comments: 0

    As I wrote last week, being mentioned in the press, even lauded by the press, is not a sign of success. We use internal metrics that look at everything happening on both the platform and in our business to determine the trajectory of how successful we are. But…. Being featured by Forbes as one of [...]

  • Here’s How We Posted a 77.4% Gain With 2013 Picks and Trends
    Posted by on December 16th, 2013 at 2:02 pm, Comments: 0

    Oh what a year it’s been. And before we get to my favorite stocks and trends for 2014 next week, 2013 deserves a review. You can find my 2013 picks here. So let’s get straight into it, starting wit the trends. Collaborative Consumption (Airbnb): Well, Airbnb is a monster that just keeps eating the world. So [...]

  • Why You Are Completely Wrong About Forward Guidance Being More Important Than Results
    Posted by on December 12th, 2013 at 7:34 pm, Comments: 0

    I want to take a minute to address a pervasive but completely statistically unfounded belief that a wide swath of market participants seem to share. Like many beliefs of market participants, there is zero evidence to back this one up, it has been formed solely based on the availability heuristic. When people hear that a [...]

  • Estimize Featured In CNN Money’s Top 15 Financial Apps
    Posted by on December 11th, 2013 at 9:41 pm, Comments: 0

    It’s always nice when our friends at the large financial media publications highlight the Estimize platform in their articles and lists. It serves as huge validation in the minds of new visitors to the site that our philosophies which are quite orthogonal to those of Wall Street are being accepted by the main stream press. [...]

  • Why I Owe Mark Zuckerberg An Apology
    Posted by on December 11th, 2013 at 4:54 pm, Comments: 0

    In the beginning there was Facebook, and Mark Zuckerberg brought the world of social media into being. Yes there were others before Facebook, like there were other search engines before Google, but really, c’mon now, let’s be real. I have laid out on this blog my theory of unbundling, which isn’t really my theory, but [...]

  • SunTrust Joins The Estimize Platform, All 299 Other Sell Side Firms to Follow
    Posted by on December 10th, 2013 at 8:45 pm, Comments: 0

    Fun day here at Estimize as we get to welcome the 25+ SunTrust equity analysts onto the platform as contributors to the data set. Specifically I want to give a shout out to Bob Peck, the senior internet analyst over there who has been a good friend going back to my days at StockTwits and a huge [...]

  • The Real Problem With SigFig’s $10/Month Portfolio For Everyone
    Posted by on December 10th, 2013 at 6:24 pm, Comments: 0

    There is an insane arms race going on in the “let the computer be your financial advisor” space. Today SigFig announced that it’s gonna charge only $10/month to automatically pick and rebalance your portfolio for you, no matter how much money you have. No matter what you think about the efficient market theory (which all [...]