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Thursday, November 16, 2006

Reviewed Site Featured in Barrons!

I had reviewed some websites that I felt provided "missing" information on stocks as well as stockmarkets in Africa.

Anyway, I beat out Barrons! Yahooooo!

Barrons, a prominent national Finance weekly paper in the USA is published by the folks of the Wall Street Journal, quoted Ryan Shen-Hoover of the newletter Investing In Africa. This is a pan-African newsletter thus covers more than just Kenya.

For all the "flaws" in Africa, Africa is a real diamond in the rough... we just need to make the right cuts & then polish it just right... Investing In Africa is like the miner who dsicovers the stones for you!

To my original list I shall add... Jijini Markets. They need to work in more features.

I can't say enough good things about www.eight.co.ke who are far ahead of their competitors with their 15 minute updates... I wish the NSE would "copy" what these entrepreneurs are doing... OR co-opt them... after all it can only help!

My favourite in terms of "presentation" & features is My Stocks.

For content - Nairobist still leads the pack!

16 comments:

Anonymous said...

Buffett does not make his money on the markets. He takes control of companies and sets performance targets. He then uses their cash reserves for more acquisitions.

This is why he buys insurance firms (which have free cash) & ignores tech stocks (which only have burn rates). Obviously this has nothing to do with trading. Masses of people have been misled by all the hype claiming they can use his methods.

Anonymous said...

you didn't beat out anyone! i don't know why people think they're the only one's who have access to information. don't get ahead of yourself buddy.

Ssembonge said...

Coldtusker,
There are 2 papers that are a must read.

Barron's - Good for those without time to read the WSJ. I use my air miles to subscribe. I could have done the same for WSJ but I don't have the time (Though I have electronic access).

Investors Business Daily - Monday edition. I normally buy the weekend edition just to see whats 'hot'. Unfortunately, IBD has become a pump and dump paper because of the nature of its readers. You don't want to be caught in its path.

I would like to recommend 'seeking alpha'. Its new so they haven't commercialised it YET.

You can get reviews of Barron's articles though I've noticed they skip some important points, so you only get half of the information.

They get contributions from blogs. So if you step up your game you could be a contributor from Kenya.

http://seekingalpha.com/by/type/barrons

BTW the Barron's article on New Frontiers is a must read. Too bad I don't have electronic access.

coldtusker said...

anon(ke?) - Huh? Wot have ur comments got to do with this specific blog entry?

I am an avid Buffetteer... Go BH...

anon2 - I still beat Barrons to the punch... LOL... At least I share my sources...

coldtusker said...

SSembonge - LOL...

I also cancelled my hardcopy WSJ coz cudnt keep up but like you had electronic access which allowed searches.

I will look into Alpha.

I subscribed to a free week of IBD but it focused on technical trading BUT there was a great column about the "New" American companies that highlighted overlooked firms.

I am not a trader thus I prefer sticking to my picks as long as I believe in them.

I am buying USG coz my man Buffett is...

Anonymous said...

lol!

you are buying because buffett is buying?

coldtusker said...

Looked at the numbers... seemed OK but I wasn't sure but the price fell & Buffett said he is buying...

His track record is far better & longer than mine so why not?

It is a long-term buy.

Anonymous said...

BUT DO I SAY!

Kudrinketh said...

I dont know what the rave is for these sites.they do not even provide split-adjusted charts.just look at EA Cables! this is just the basics,hell i could create a split adjusted chart in 30 mins,it's taking these entrepreneurs 50 yrs!

Ssembonge said...

BKH is a $160b holding so its nothing for them to load up on USG which is worth less than $5b.

WB style is to seek investments that payoff in +5 years. He's worth $40b so he's more concerned about wealth preservation and leaving a lasting legacy.

I kinda prefer Bill Gates style. He's more aggressive. He does his private investments through Cascade Investments LLC. They recently bought into FS and PNM. Last year he bought a stake in PEIX for $80m.

Not that I would buy what BG buys but you've got to cut out your own style. These guys can afford to throw away a few million bucks or even a billion dollars.

coldtusker said...

kudri - PLEASE, TAFADHALI, SIL VOUS PLAIT, POR FAVOR

do so asap... I will be your first registered user...

I will even highlight it on my blog & ask banks to do the same...

coldtusker said...

Therein lies the rub...

Whereas I can buy USG since its public & WB has to reveal what he is buying coz BH is public.

WG makes PRIVATE investments often in PRIVATE firms... So I have NO access to what he buys...

Anonymous said...

Cold Tusker,
SEC requires individuals to make a 13D filing for purchases greater than 5% of the market cap. Basically once these goons start loading up they have to disclose to the public.

coldtusker said...

Whu use the term goons?
I think WG & WB are smart folks...

Goons would be the crooks we have in Africa that steal while giving back nothing to society!

Ssembonge said...

CT,
You have to understand that the stock markets are full of con-men. They will not hesitate to making a quick buck. Respectable they might be, but they are deceitful.

I wasn't specifically referring to the two. Beware of the markets. Money is not made out of thin air but at the expense of others.

BTW, I thought you were in KE!

Ji-enjoy over the weekend.

coldtusker said...

Ssembonge:

Not at the moment but I travel quite a bit... even I don't know where I will be next month!