My Investing Tools & Resources
Sharing is caring - a list of resources which may be useful in your investing journey
In my 10+ years of investing and following the markets I have had an opportunity to try many investing tools and find some great resources that provide an enormous help and spare a lot of time in researching stocks and analyzing companies.
I can tell you with confidence that today, an individual investor is in much better position than he has ever been before. So many resources have been introduced in the last several years and their price is attractive, relative to value provided.
As I usually bookmark all the useful sources, I have decided to list all of them which I use (regularly or from time to time) and gave them a score, based on importance and frequency of use. To get access to some of them, you’ll mostly need to pay a reasonable amount, but many of them have a free tier available.
Here is the extensive list I am glad I can share:
𝗧𝗶𝗸𝗿 𝗧𝗲𝗿𝗺𝗶𝗻𝗮𝗹
Make your watchlists, track Superinvestors and changes in their portfolios, Stock Screening, Company reports, Financial data and metrics, Valuation metrics, ER transcripts, Analyst Estimates and Ownership data.
This is the one tool I probably use the most since I'm a paying subscriber and I can't recommend it enough.
Koyfin and Stratosphere are great alternatives you can't go wrong with.
𝗞𝗼𝘆𝗳𝗶𝗻
Make your Watchlists, Screeners, check Company reports, Financial data and metrics, Valuation metrics, ER transcripts, Analyst Estimates.
I could easily replace Tikr with Koyfin and enjoy all the data provided.
They are a bit more expensive than Tikr, but still great value for money.
𝗘𝗗𝗚𝗔𝗥
A must, EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system, is the primary system for companies and others submitting documents, available and free for everyone - contains millions of company fillings.
If a company is planning an IPO, check its prospect at EDGAR; if a company announces quarterly or annual report, check its 10Q or 10K forms on EDGAR.
𝗦𝘁𝗿𝗮𝘁𝗼𝘀𝗽𝗵𝗲𝗿𝗲
Financial Data, Investor Tools and other resources.
You can build your own models, DCFs, check Analyst Estimates, Industry comparisons,
check Insider trading, Superinvestors ownerships and changes.
You can also make your own Screeners, have an ER calendar, read hedge Fund letters.
Similar solutions - Tikr and Koyfin
𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗫𝗬𝗭'𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗥𝗲𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘀𝗶𝘁𝗲
One of the better sources for analyzing companies where you'll find company reports, Investor Day presentations and lots of materials to analyze - is the company's investor relations site. Just go to their corporate site.
𝗧𝘄𝗶𝘁𝘁𝗲𝗿
FinTwit community is one of the best sources to get to know more about investing and companies. There is an extensive list of valuable contributors on Twitter willing to share their knowledge.
The way I see it, Twitter is an opportunity to surround ourselves with a lot of smart people, therefore I love it.
Use the dollar sign ($) and ticker letters to look for more information about the company ($META, $GOOGL etc.)
𝗤𝘂𝗮𝗿𝘁𝗿
An app/website to listen and read company earnings calls, company investor days, presentations.
They have just released desktop app, but also the new pricing plan.
𝗿𝗼𝗶𝗰.𝗮𝗶
Pretty great financial screen of a company, offering a quick glimpse of year-to-year company financials and its values per share in the Summary view. Offers company Transcripts, but also Social media recent comments (Reddit) and Tweets (Twitter). It is not as packed as Koyfin, Tikr or Stratosphere but is still of great use.
I've been a paid subscriber and for $9/month it is a value for money service.
𝗔𝗹𝗽𝗵𝗮𝗦𝗲𝗻𝘀𝗲
Not a user, but I've seen their top-notch work on Twitter.
They've just secured a $100M funding from Alphabet’s CapitalG.
Premium service with market insights from industry insiders, but pricing is probably out of my budget.
𝗠𝗶𝗹𝘁𝗼𝗻𝗳𝗺𝗿
Hedge Fund Letters - Milton Financial Market Research Institute
I love what they are doing, giving us an access to all the great investors, great articles from investment houses, I highly recommend to whoever likes to read other people's research.
𝗝𝗣 𝗠𝗼𝗿𝗴𝗮𝗻 𝗚𝘂𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁𝘀
Well, if you've been following me for some time, you should know that I'm a long-time reader of this quarterly report. Take your time and enjoy the free content provided by JP Morgan bank. I certainly will.
𝗧𝗶𝗲𝗿𝟭 𝗔𝗹𝗽𝗵𝗮
Daily market insights, I'm a happy reader.
𝗦𝗲𝗲𝗸𝗶𝗻𝗴 𝗔𝗹𝗽𝗵𝗮
A lot of analysis, great for getting to know a company from other people's research, good for generating investing ideas.
𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝘀
Macro/Gov news numbers report, great site for other public data.
𝗪𝗵𝗮𝗹𝗲𝘄𝗶𝘀𝗱𝗼𝗺
13F reports of probably all the relevant funds.
Same as Dataroma, great idea generator.
𝗗𝗮𝘁𝗮𝗥𝗼𝗺𝗮
13F reports of many "Superinvestors" portfolios
Pretty neat to generate ideas by watching what the 'Big Boys' are doing.
𝗙𝗶𝗻𝗖𝗵𝗮𝘁
"Finchat.io is the ChatGPT for finance. Using AI, FinChat generates answers to questions about public companies and investors. To generate accurate answers, FinChat provides reasoning, sources and data."
Definitely an interesting project, which was just introduced by Stratosphere founders. You'll see many mistakes, but kudos for the work.
The highest potential of them all to leverage public knowledge.
𝗗𝗮𝗺𝗼𝗱𝗮𝗿𝗮𝗻 𝗦𝗽𝗿𝗲𝗮𝗱𝘀𝗵𝗲𝗲𝘁𝘀 (𝗦𝘁𝗲𝗿𝗻)
Aswath Damodaran's Online Tools - do visit.
𝗖𝗼𝗺𝗺𝗼𝗻𝘀𝘁𝗼𝗰𝗸
Stock investors social network. Great for Ideas generation. A lot of like minded people.
𝗦𝘁𝗼𝗰𝗸𝗿𝗼𝘄
Lots of financial data packed inside, with a great company overview. Offers financial data exports, main charts available and links to SEC Edgar reports.
There's a paid version which I really haven't researched into lately, but still give it a look.
𝗦𝘁𝗲𝗹𝗹𝗮𝗿 𝗙𝘂𝘀𝗶𝗼𝗻
They 'combine financial modeling capabilities with technology to create an interactive investing experience for professionals to learners'.
You can build your investing scenarios and share them with the community.
Early user, so not much info to provide…but I like the idea.
𝗙𝗶𝗻𝘃𝗶𝘇
Financials, Charts, Screeners
𝗦𝗲𝗻𝘁𝗶𝗺𝗲𝗻𝘁𝗧𝗿𝗮𝗱𝗲𝗿
Great and interesting well-timed charts, follow on Twitter
𝗔𝗱𝘃𝗶𝘀𝗼𝗿 𝗣𝗲𝗿𝘀𝗽𝗲𝗰𝘁𝗶𝘃𝗲𝘀
Lots of charts and content available at a glance. I'm a returning reader.
𝗧𝗶𝗽𝗥𝗮𝗻𝗸𝘀
"tracking and measuring the performance of over 96,000 financial experts, including Wall Street analysts, financial bloggers, hedge funds, and corporate insiders, and making this information publicly available".
Etoro Analysis section is Powered by Tipranks. I find it useful to get a sense of what professionals are willing to put as a target for companies I'm interested in.
𝗖𝗮𝗽𝗘𝗱𝗴𝗲
Financials, Fillings, Earnings calls Transcripts, earnings calendar with SEC fillings, Insider ownership and lots more.
Besides these tools and sources, I also love reading Substack blogs/newsletters and listen to podcasts. Let me give you some suggestions you may also like:
𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗲𝗱 𝗦𝘂𝗯𝘀𝘁𝗮𝗰𝗸𝘀:
𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗲𝗱 𝗣𝗼𝗱𝗰𝗮𝘀𝘁𝘀:
Lex Fridman
Business Breakdowns
Value Hive Podcast
The Memo by Howard Marks
Invest Like the Best with Patrick O'Shaughnessy
Acquired
Secret Leaders
The Diary Of A CEO by Steven Bartlett
Top Traders Unplugged
Chit Chat Money
The Razor's Edge
Masters of Scale
We Study Billionaires
I know there are many more, but these are the ones I can immediately think off.
Thank you for reading and I hope this post was helpful in your investing journey.
Best wishes,
Marko