Do you want to know how to consistently earn double digit and triple digit returns from stocks? The answer lies in data technologies. Yes. Info technology.
Most of the stocks I’ve owned that have earned additional than 50% returns in significantly less than a year are not even on the radar screens of the analysts of big investment firms. How do I know? For the reason that I’ve worked at two Fortune 500 economic services firms as a Private Banker and Private Wealth Manager and never ever was in a position to discover any analysis at these firms on the stocks that interested me the most. Why?
For the reason that the way to make revenue in investing has changed drastically and the big investment firms have not kept up. One particular of the factors massive investment firms have not kept up is mainly because most have ulterior motives as pure advertising and marketing machines. Practically just about every manager at each and every big investment firm is compensated on how substantially fee income and profit their office makes for the firm, not how nicely their economic consultants have performed for their clients. There is a large difference in between these two goals. It is the explanation why former Merrill Lynch star world-wide-web analyst Henry Blodgett once stated in a comment that he never ever believed would be made public, that the stocks other Merrill analysts were praising on Tv as prime picks had been “crap” and “junk” (Source: Fort Worth Star Telegram, Might 26, 2002).
Even truthful monetary consultants at large investment firms uncover it difficult to discover you excellent opportunities among the pool of stocks that their firm tracks. Why? For the reason that several firms mandate older age and lots of encounter as prerequisites for their star analysts. They believe that a head business analyst with a couple of grey hairs is far a lot more credible when appearing in front of their top consumers and in front of the American public on tv. Personally, if I ran an investment firm, each one of my analysts would most likely be below 30 years of age. Why?
Well, information technologies has revolutionized the ability of analysts to come across stocks with spectacular growth prospects prior to the general public becomes aware of these stocks. Leads can be found by means of online search engines by searching the ideal keyword phrases, and also by way of other inventive procedures, including the utilization of blogs. Quite a few instances, the finest stock opportunities can be uncovered by means of non-regular sources of info, which means NOT Reuters, NOT Bloomberg, and NOT any of the other financial data clearinghouses that huge wall street firms spend thousands of dollars for each and every month. Quite a few times, the greatest info is free of charge and on the net, but the crucial is knowing how to uncover it.
Typically, when you have a challenge you want to solve related to the internet, whether it is a web design and style issue, a dilemma with getting better search engine rankings for your web page, setting up a weblog, getting in a position to fully grasp how to search online databases, and so on, would you turn to a fresh faced kid or someone with grey hair for help? A fresh faced kid, suitable? Mainly because normally the younger generation is substantially extra up-to-date on newer technology, like understanding how to manipulate and obtain data. See where I am going with all this now?
investcrown.com will in no way hear about the companies that in 5 years will be the new Microsofts and the new Dells from the portfolio managers and monetary consultants at huge economic services firms is simply because enormous economic institutions have but to understand that understanding how to source info using facts technology is what has enabled the very best stock pickers to be proper so many instances about stocks nobody else has ever heard of. And never be impressed if your financial consultant advised IPO plays like Google that skyrocketed because the entire world knew about Google. Your economic consultant ought to be uncovering the tens and tens of other Googles out there that no one else has ever heard of.
Frankly, I could care less about how several times the major portfolio managers of huge investment houses check out the corporations of stocks they recommend. I could care much less if these top portfolio managers have “access” to the CEOs and CFOs of these providers since of their “reputation”. I could care much less about the “international attain” of these investment firms that enables them to research overseas organizations. None of this impresses me as a client.
I could care much less mainly because the majority of time, the huge economic services firms are not researching the correct organizations. By this, I mean the little and micro cap stocks that no one has ever heard of. The big firms will commit tens of thousands of dollars to set up these conferences at fancy hotels for their biggest customers and parade their impressive access to huge time business CEOs, but nonetheless, I’d rather devote pretty much nothing continuing to learn stocks that will give me 50% returns in less than a year versus wasting my time listening to excessive facts about a huge corporation that will in no way grow much more than eight% a year. But then again, that is just my opinion.