Equity Story / Fat Prophet / Intelligent investor

Discussion in 'Other Asset Classes' started by Excalibur1, 27th May, 2016.

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  1. Excalibur1

    Excalibur1 Well-Known Member

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    Equity story seems to be like intelligent investor or Fat Prophets....

    Anyone use any of those services and what are your experiences with them?
    I have been able to get access for couple months on intelligent investor and really like their insights and articles.

    Equity story - seems to aim shorter term as well as long term. I have been following them for few months as well and they seem good. Average hold on stock is around 45 days.

    Fat Prophets - I haven't used personally and cant comment.

    One thing that concerns me with all those providers is that they seem to hold the stock until it starts making profit. Where they pick the stock and if it turns against them they will hold it until it comes back to break even or the loss is a lot less or it becomes profitable again.

    I would like to start thread on those providers and everyone's thoughts on them... My apologies if these have already been discussed, but I searched and couldn't find anything.
     
  2. Whale_monkey

    Whale_monkey Member

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    I have been a long term Intelligent Investor subscriber, and really happy with them. Their research is well thought out and well articulated. They will happily sit on the sidelines if no opportunities are being presented. They are deep value investors, sticking strong to these principles. They were bought about 18 months ago by a listed company (that owns InvestSmart and Eureka now), and are now kind of integrated into that offering, IE, it seems that by II membership also now gets me Eureka report analysis. I don't know how comfortable I am with this to be honest, as there is a feel that they have lost their independence a little. I really hope their corporate overlords don't push them to change, they already have done somewhat as they are now trying to flog InvestSmart SMA portfolios, even after saying for years that these type of structures are a waste of money.

    Regardless I'm happy to continue my membership. I've made good money out of their research.
     
  3. Excalibur1

    Excalibur1 Well-Known Member

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    Good to hear that you made money out of them and thank you for your input. I thought their insights were good too. When they start losing independence that's when you got to rethink using them.

    I haven't signed up to any of those listed above yet. I wanted to see what each has to offer first and to see if anyone else has used them.
     
  4. willair

    willair Well-Known Member Premium Member

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    I was a paid subscriber for several years,but went away from them pre "GFC" still have most of those old papers they sent me,they were very good to learn from in the form of investor behavior characterized by volume linked to the economy ,one of the best quote from those papers is..Mr Market come to your front door selling something every day or night,it's up to you if you open the door..
     
  5. Excalibur1

    Excalibur1 Well-Known Member

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    It's a very true quote. Opportunities are always knocking on the door. Thanks for your input @willair and @Whale_monkey

    I noticed that most of those providers have done well post GFC, Anyone who put money into the market after that would make money. Even me when I had no idea about trading I manged to make money.

    The main thing that concerns me about them is when a particular share is not going well, they let it ride until it starts doing well...Fat Prophet was the worst when it comes to this, don't have enough data to substantiate others in this regard.
     
  6. silverman47

    silverman47 Member

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    Why are you suggesting InvestSmart SMA portfolios aren't a good option? How many trades are they making a month?
     
  7. curiousinvestor

    curiousinvestor New Member

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    the information on equity story et al seems to have dried up. Has anybody been keeping records of their choices and how successful they were?
     
  8. Excalibur1

    Excalibur1 Well-Known Member

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    I have decided not to sign up with any of them. The main reason is that they seem to only show and close on profitable trades. Some of them have unrealized losses which they are still holding on to. I think their "model" is get into a lot of trades and only close on the profitable trades. So that others can see how "well" they are doing.

    If they really are doing well then they would not be doing subscription based model. Equity story claims to have 95% success rate! At that rate they would exceed the best in the world. You don't see Buffett doing subscription based model!

    I don't doubt that they have 95% success rate on closed trades.... But my question is where would they be today if they liquidated all of their positions!?

    I should start subscription based model too... Pick every stock in ASX200, Then wait until they start turning 5%-10% profit and inform my subscribers to close the trade. I would hit 100% success rate with their logic. Happy Days! @willair @curiousinvestor will you buy my subscription, special deal 75% off if you do it today?? :)
     
    Nodrog, The Falcon and willair like this.
  9. willair

    willair Well-Known Member Premium Member

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    No sorry...I would rather just pay the yearly fee to be in this site,plus once i read the book "Black-Swan" by Nassim Taleb from the trader elite nothing else matters..imho..
     
  10. Excalibur1

    Excalibur1 Well-Known Member

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    ohhh you are second person now that mentioned that book to me in the last week!!
    I will pop it on my February reading list!
     
  11. Excalibur1

    Excalibur1 Well-Known Member

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    Damn I can't believe that there are no takes on my great subscription service...

    So far I have had :
    1. WPP advised to buy at 0.8 @ 27/11/2017, advised to sell at 1/12/2017 for 5.85%. That is in 5 days ladies and gentlemen!! Annualized this is a lot of percentage points!

    there are many more tips! The service will be free for 3 months then I will sucker you in for years :) .

    Maybe I should start a thread on 100% rate win tips!