Valueinvesting.de: This German language value investing site includes lists of worthwhile value investing books and links. The site aims to help visitors make better investment decisions based on the strategies of Warren Buffett, Benjamin Graham, Philip Fisher and Peter Lynch.
Value Investing Forum: A forum for discussing value investing ideas.
DealBook: Mainstream news service focusing on mergers and acquisitions, investment banking, I.P.O., private equity, hedge fund, and venture capital news. The M&A section is worth reading daily.
If you’re interested in merger arbitrage opportunities, DealBook is a good place to start. However, it doesn’t cover many of the most profitable opportunities, because such deals are too small to attract much notice. For smaller deals, you will need to review press releases or local newspaper clippings that don’t make national news.
DealBook is a financial news service produced by The New York Times. It is published daily, Monday-Friday, except on U.S. Market holidays and during the last week of the year.
EasyReports.net: Provides thousands of free 10-Ks, 10-Qs, and annual reports. The site is well-organized and easy to navigate.
The Wall Street Transcript: The Wall Street Transcript provides a huge collection of interviews with executives, analysts, and money managers. The site’s finest resource is the interviews with company executives.
I highly recommend the online subscription. It is probably priced out of the range of most casual investors. However, for both professionals and individual investors who spend up to a few thousand dollars a year on various publications and advice, The Wall Street Transcript is worth considering. It is a truly unique resource.
There are a variety of different products offered. For instance, you can subscribe to one of seven sectors for just $500 a year. However, if you can afford the full online subscription, that’s the one to get.
Professionals will find the collection of interviews extraordinarily useful.
The purpose of The Wall Street Transcript is to help investors make better investment decisions when choosing stocks and sectors.
We interview Wall Street professionals and corporate leaders, which help us bring the views of stock market insiders to our readers. For over 40 years, our question and answer format has allowed our readers to obtain unique information that cannot be found anywhere else.
Wall Street 2.0: A new investment blog network that includes Absolutely No DooDahs, The Enterprising Investor, and The New Wall Street among others. This small network is off to a great start with three of the better investing blogs on the web.
Rule #1 Investor: Phil Town’s official site. Includes a blog and podcast. Phil Town is the author of the new book: Rule #1. I have yet to read the book, but George of Fat Pitch Financials has read the book and has generally positive things to say about it:
In general, I think the Rule #1 book is a very practical book that could be very useful for new investors. It is not really a replacement for the classic works, such as "The Intelligent Investor", but I think this book is good at showing you how to put some of the concepts laid out by Graham and Buffett into action.
Seeking Alpha: Seeking Alpha is more than a mere blog aggregator. The site finds the best news and analysis and sorts it into categories. Seeking Alpha doesn’t just find the best blogs; it finds the best posts. Relevant blog posts are included; irrelevant ones are excluded. Seeking Alpha has an excellent search feature that returns both blog posts and transcripts for the ticker symbol entered.
SeekingAlpha.com is a new approach to providing financial news and analysis to investors that leverages the phenomenal growth of blogs. The Seeking Alpha Network consists of 22 stock market and finance websites defined by sector and country.
Seeking Alpha editors select content from more than 60 active contributors (the majority of whom are finance professionals) and edit, tickerize and publish the content on the appropriate sector web site. The result: More thorough and timely coverage of stocks and sectors than has previously been available in online financial journalism.Visit Seeking Alpha
pfblogs.org: A simple, clean financial blog aggregator that includes over 300 personal finance, real estate, and investing blogs.
Phat Investor: A good financial blog aggregator. Phat Investor indexes more than 300 blogs.
123jump: A great resource for free earnings call summaries, fund manager Q&As, and interactive charts for economic statistics. 123jump’s staff currently conducts 200 earning calls per quarter and interviews 60 to 80 fund managers per year. The site also organizes plenty of economic data for visitors to review.
The earnings call summaries and fund manager Q&As are both amazing. There’s a lot of information on this site. This is a very worthwhile resource. The value is in the amount of content and the manner in which it is presented. The major finance portals could learn a few things from 123jump.
Warren Buffett News: A regularly updated archive of news items related to Berkshire Hathaway’s Warren Buffett. The site is powered by NewsLIB.
Mechanical Investing: This site discusses various approaches to mechanical investing. Much of the information will not be of any interest to value investors. However, the section on the best and worst web based screeners will be of great interest to every kind of investor.
DigStock: A Digg style stock news site. This site does not serve a particular niche like Fat Pitch News does. Therefore, the stories tend to be less relevant for value investors. However, DigStock does manage to bring some interesting stories to your attention. It’s worth a visit.
Fat Pitch News: A community driven value investing news site. You can submit links to investment articles, “bid” up stories to the front page by clicking on the green up arrows, and make comments. With Fat Pitch News, users submit stories for review, but rather than allow an editor to decide which stories go on the front page, the users do. The goal of Fat Pitch News is to aggregate all the high quality investment information scattered across the Internet and produce a sorted list of “must read” articles selected by the community. This will save investors time and ensure that they do not miss out on important articles that might have been published on sites that they do not normally visit.
Whitney Tilson’s Value Investing Website: This site is mainly a collection of Mr. Tilson’s articles. The articles are well organized, easy to navigate, and largely formatted in HTML. Chances are you’ve already read some of Mr. Tilson’s articles; but, if you haven’t, this is the place to start.
Permanent Value: This value investing site features a nice collection of articles, books, and links as well as some original research. Permanent Value is a good place to learn about Warren Buffett, Benjamin Graham, and value investing. Much of the information is provided in PDF format.
Focus Investor: This value investing site is maintained by the author of The Focus Investor. It features articles, links, and book recommendations of interest to value investors and Buffettologists. Much of the information is provided in PDF format.
My goal for FocusInvestor.com is to build a site that will be recognized for producing high-quality, original, investment articles and research. I would like the site to develop into a meeting place for rational investors interested in the focused investing philosophy. The site should also serve as a forum to discuss investing topics in a rational, non-threatening environment.
Berkshire Hathaway: The official home page of Warren Buffett’s Berkshire Hathaway. The site’s main attraction is the collection of Buffett’s letters to shareholders from 1977 – present. The letters from 1977 – 2001 are provided in HTML. The site also includes links to Berkshire’s subsidiaries.
Sandman’s Place: A good collection of links to information on Berkshire Hathaway.
I have constructed this site in order to facilitate your search for information related to Berkshire Hathaway. Although the topic is Berkshire, the information is universal. You don't have to be interested in Berkshire in order to benefit from the lessons provided by Warren Buffett and Charlie Munger.
Berkshire provides FREE access to Shareholder Letters 1977 – Present. However, when trying to locate a particular topic of interest, twenty four years of Letters is a massive volume of information to search through. Therefore, I have provided links that will take you directly to the topic that you are looking for. In order to conserve space, I provide a “snip” of the quote followed by a link to the full quote.
Hoovers: This site features tons of good company specific information. Hoovers is the perfect place to search for a business, when you aren't sure if it's public, private, a subsidiary, etc.
The Motley Fool: This is a very popular investing community featuring plenty of articles written by the staff. In terms of the volume of original written material, this is one of the best investing sites on the web. Unfortunately, the breadth of subject matter covered by each writer and the tendency towards remaining non-committal regardless of the facts make the articles less valuable than the posts found on the very best investing blogs. Of course, no single blogger can match The Motley Fool’s scope. The articles regularly include ads for the Fool’s paid newsletters. Regular readers of Fool articles will tire of these ads very quickly.
Contrarian Investing Association: To date, this is the best website I’ve found on contrarian investing. It includes some short articles on contrarian investing strategies and on the great investors who practiced them. You can also find several good books at this site.
The Contrarian Investing Association looks for strongly financed, growing companies that are undervalued by the market for the wrong reasons, believing that the market will come to appreciate their true value over time. This investing approach can also be described as Contrarian, since such stocks are purchased when most investors believe that they are unattractive.
Guru Focus: One of my favorite sites. Guru Focus is a one of a kind resource that allows you to track the recent transactions and major holdings of the world’s greatest investors. The site also features articles and a discussion forum as well as a few other neat tools. It is a very specialized site. If you aren’t interested in what the gurus are buying, you aren’t going to like this site. Having said that, I can’t recommend it highly enough.
Vinvesting: The premier value investing website. Vinvesting features extensive value investing articles, message boards, and links. The site also includes a value investing learning center with a glossary and a syndicated news section.
Morningstar: A great place to research stocks and funds. Morningstar provides surprisingly detailed financial results for past years. You can view a company’s last ten income statements, balance sheets, and statement of cash flows. Morningstar is a much better place to start your research on a company than either Yahoo or MSN. Obviously, if you’re researching mutual funds, Morningstar is the place to go. The site offers premium features for paid members. However, the free content alone makes Morningstar one of the best investing sites on the web. It is an underappreciated resource.
Magic Formula Investing: This site allows you to run a screen using Joel Greenblatt’s magic formula. The screen is a helpful tool that is ridiculously easy to use.
The website was conceived after Joel finished writing the book. After searching through the free and low cost stock screening services available, it became clear that the steps necessary to closely emulate the magic formula study on these other sites might discourage many average investors. Since the book was written with the average individual investor in mind, the magic formula site was created to make the process easy and accessible to as many investors as possible.
Futile Finance: An exhaustive collection of links on Warren Buffett, Charlie Munger, and other great investors. The site includes descriptions of or links to books, articles, speeches, and much more. Futile Finance is a great resource for anyone interested in Warren Buffett or Berkshire Hathaway.
BRKNEWS: A free newsgroup that provides links to articles on Warren Buffett, Charlie Munger, and Berkshire Hathaway. The number of links is staggering. Anyone interested in Buffett and Berkshire will want to join this group. Please note BRKNEWS is not a discussion group. It provides links to news items.