Charlie Munger, “I believe in the discipline of mastering the best that other people have ever figured out. I don’t believe in just sitting there and trying to dream it up all yourself. Nobody’s that smart”.
One of the challenges of successful investing is getting access to high quality ideas – the old “finding the signal in the noise” problem. Often, investors do not have access to (or the funds) to subscribe to many of these private publications that can cost anywhere from $100 to well over $100,000 per year.
To help our readers, as well as try to find some investments gems ourselves, we have a new email list / website that we are starting this month called The Idea Farm. The concept is simple:
– Each week the reader will receive an email with a new research piece from one of the top boutiques across the country. (Likely on Sunday so you can read it with your Barron’s).
– The focus will be research that tends to be independent, actionable, and practical.
– Often we will disagree with some or all of the material, but believe in being exposed to ideas that contradict our own.
– You will gain access to publications that would cost well over $100,000 to subscribe to individually, for free.
– We will never share, sell, or otherwise pass along your email address. You can unsubscribe at any time with one click.
That’s it. I subscribe to many of these publications, and find that reading independent, and often variant, perceptions helps to hone my own investment process. Since we are reviewing these research pieces already we feel like many of our readers would also be interested in being exposed to some of these ideas and concepts.
As always, let me know what you think. Feel free to pass along the website to friends, and if you have any ideas for improving the concept please let me know!
The first email will go out soon so make sure to signup here: The Idea Farm. (Note: This is a separate list from my Cambria updates…)
PS: If you write an investment newsletter and want to share you work with our readers feel free to shoot me an email to review you most recent publication.