Intelligent Investor‘s analytical team seeks investing insights and ideas from a wide variety of sources. Last year we published Top value investing resources 2014 and below is an updated list for 2015.
As always, if there are any other online sources, articles, discussion groups or Twitter accounts you find useful then please feel free to drop the details in the comments section at the bottom of the page.
Australian business news sources
- The Australian Financial Review (@FinancialReview) – This is daily required reading for any Australian investor.
- Business Spectator (@BusinessSpec) – a valid alternative to The Australian Financial Review, though unfortunately no longer free.
- The Sydney Morning Herald (@SMH) and The Age (@theage) – these broadsheets are becoming less relevant, but we still look at them every day.
- The Australian (@australian) – has become more relevant since its tie up with The Wall Street Journal.
- This part of the ASX website (@ASX) is useful for monitoring company announcements.
- The Business – We love this ABC staple, Ticky gets the big name guests and isn’t afraid to ask the tough questions.
- MacroBusiness (@macro_business) – coverage of what’s driving the Aussie economy, plus general coverage of the local business environment.
- LivewireMarkets (@LivewireMarkets) – a new and great stream of commentary from financial leaders on what's happening in the markets.
International news sources
- The Wall Street Journal (@WSJ) and Financial Times (@FinancialTimes) are wonderful international newspapers. Much of the good stuff is for subscribers only, but we don’t mind paying up for high quality content.
- Quartz (@qz) is my personal favourite. If you like reading The Economist each week, you’ll love a little Quartz each day.
- Value Walk is a great news feed for value investing specific articles.
- The Economist (@TheEconomist) is without equal when it comes to a weekly update of the world and financial news that matters most. The New York Times (@nytimes) also has impressive business reporting.
- For following the ‘news flow’, we use Bloomberg (@BloombergNews), Yahoo Finance, and Google Finance.
- Traditional finance magazines like Fortune (@FortuneMagazine) and Forbes (@Forbes) are worth a look and Bloomberg Businessweek is a favourite of analyst Gaurav Sodhi.
Prominent value investors
- Guru Focus (@gurufocus) is an aggregator site for information on respected value investors, as is Greenbackd (@Greenbackd).
- Berkshire Hathaway is the source for Warren Buffett’s wonderful annual letter to shareholders. We likewise never miss the annual letter to Leucadia shareholders.
- There are many fund manager websites worth visiting, but we’ve highlighted the following because of the excellent content they make available to all – GMO for the excellent research Jeremy Grantham provides, Kerr Neilson’s Platinum Asset Management, Hussman Funds for a weekly Grantham-esque style market update, Frank Martin’s Martin Capital Management, Cooper Investors, Allan Gray, Third Avenue and our friends at Forager Funds Management (@ForagerFunds).
- The Heilbrunn Center for Graham & Dodd Investing at the Columbia Business School provides a useful list of value investing resources, plus publishes a free quarterly newsletter.
- The Ben Graham Centre for Value Investing at the IVEY School of Business, provides value investing research, an excellent collection of interviews with prominent investors and an extensive value investing reading list.
Investing newsletters (subscription services)
- Intelligent Investor (@value_investing) – Naturally, we recommend this newsletter for Australian stock research.
- Grant’s Interest Rate Observer (@GrantPub) is focused on interest rates and economic issues with a contrarian bent.
- Michael Lewitt’s The Credit Strategist (@credstrategist) generally looks at issues top-down, but is also contrarian.
- Value Investor Insight (@VILetter) covers similar ground, but is published more regularly.
- The Graham and Doddsville newsletter from Columbia Business School is an excellent quarterly read, and is free.
- Of course, none of our analysts ever miss an episode of Intelligent Investor podcasts.
- The Financial Times’ Alphaville produces an interesting podcast.
- The Economist, unsurprisingly, also produces some good podcasts.
- Peter Schiff offers up some interesting reviews in a wide variety of formats, including a weekly podcast.
- Tune in to Boardroom Radio (@boardroomradio) or Open Briefing (@openbriefing) for a range of presentations/briefings from Australian companies.
- The Manual of Ideas is another great source for overseas ideas, often from prominent investors. Check out their youtube channel too.
Favourite Twitter accounts
Wondering who to ‘follow’ on Twitter? Here’s a few of our favourites.
- @WarrenBuffett – Sure he’s only sent out a few tweets, but how can you be a value investor and not follow Mr Buffett?
- @ConversationEDU – Academics often write stuffy, excessively complicated papers that no layman can understand. The Conversation seeks to change that, with shorter more ‘journalistic’ articles from our country’s brightest.
- @ABSStats – Wondering what’s happening in Australia? The ABS is a wonderful (free) source of stats about our country, plus the guys who run the twitter accountare hilarious.
- @ValueIdeasLIVE – Value Conferences runs regular online value investing conferences. Their first few outings have gathered some of the best investors in the game. The online format means tickets are far cheaper than a regular conference.
- @John_Hempton – John runs Bronte Capital, where he specialises in accounting frauds, one of the sharpest minds in the game.
- @danariely – Dan Ariely is Professor of Psychology and Behavioural Economics at Duke University. He also writes an interesting and entertaining blog here.
- @DanielPink – Dan Pink is a US based author and public speaker. He’s written extensively on behavioural science and how incentives should be applied in the workplace.
- @mungerisms – Excellent quotes, facts and links on value investing.
We hope you find the list useful. Enjoy.