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TradeStream Your Way to Profits: Building a Killer Portfolio in the Age of Social Media
 
 

TradeStream Your Way to Profits: Building a Killer Portfolio in the Age of Social Media [Hardcover]

Zack Miller

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Product Description

An innovative guide to using social networking for successful investing

There is no doubt that the emergence of social media has taken over the Internet landscape. The remarkable growth of Facebook and Twitter has forced everyone-including investors-to take notice. This book explains how to use social marketing to pick and evaluate stocks.

Author Zack Miller embodies the nexus between asset management, equity research, and new Internet distribution technologies. As an asset manager, he writes extensively about the changes and opportunities in online finance for investors, financial advisors, and investor relations professionals-and with this new book, he'll show you how to use social media to profit like the pros. You'll learn how to

  • Invest for the long term utilizing streaming information, guru tips, and many other tools found in the world of financial social media
  • Glean tips from experts in this growing field
  • Use new tools to sort through the mounds of data currently available and make sense of it all

The Internet has created totally new models and methods for researching investments. TradeStream Your Way to Profits explores these changes and explains how you can take advantage of these opportunities to make better, more profitable investment decisions.

From the Inside Flap

There's no doubt that the emergence of social media has taken over the Internet landscape. The remarkable growth of Facebook and Twitter has forced everyone, including investors, to take notice—and provided an unprecedented level of access to some of the world's most talented investors and resources in the process.

While this phenomenon has taken the world by storm, a majority of investors are still unaware of what it takes to build a profitable portfolio in the age of social media. That's why author Zack Miller has created TradeStream Your Way to Profits. Miller embodies the nexus between asset management, equity research, and new Internet distribution technologies. As an asset manager, he writes extensively about the changes and opportunities in online finance for investors, advisors, and investor relations professionals—and now, with his new book, he'll show you how these changes have allowed savvy investors to make the most of their time in today's dynamic markets.

TradeStream Your Way to Profits skillfully outlines a new way to look at investing that utilizes the Internet and social media to better research and mimic successful investing strategies. Chapter by chapter, Miller analyzes how social media enables investors to profit via eight different types of investment approaches, from cloning top hedge fund managers' stock picks to identifying and piggybacking the next Warren Buffett. Along the way, he explains each strategy in detail—why it works, its historical performance, and how to implement it—and reveals how to use different tactics to exploit the power of social media.

While some of the strategies discussed have been studied closely, others are so new that they're just beginning to be researched. Regardless, all have been inspired by the transparency that the Internet provides and most can be implemented via free websites.

The Internet has created totally new models and methods for researching and making investments. TradeStream Your Way to Profits explores these changes and explains the many ways you can financially benefit from them.

Don't forget to visit www.tradestreaming.com, a website created specifically for the readers of this book, free of charge, to expound on some of the concepts found here.


Inside This Book (Learn More)
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Amazon.com: 4.4 out of 5 stars (13 customer reviews)

7 of 7 people found the following review helpful
4.0 out of 5 stars Investing online? This book might be your best investment all year., July 8 2010
By Biz Book Reader - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: TradeStream Your Way to Profits: Building a Killer Portfolio in the Age of Social Media (Hardcover)
"TradeStream" is a very helpful resource for self-directed investors interested in learning about the latest tools and trends in the field of investment research. Miller lays out different categories of the latest services and suggests how each might be employed to generate investment ideas and/or evaluate the potential of various trades. He helpfully describes the theoretical backgrounds and, in many cases, provides some information assessing the effectiveness of the tools as well.

I didn't give the book five stars because for me, Miller's book would be more helpful if he provided a stronger and more explicit overall framework for how to use the tools, particularly with some sensitivity toward different investor objectives, risk profiles and levels of attentiveness (a framework exists in pieces throughout the book but could be better pulled together in an introductory or concluding chapter). In addition, his evaluation of the effectiveness of the different resources could be more consistently rigorous (e.g., adjusting for beta, comparing to standard indices) rather than merely citing different studies which all use their own standards. Lastly, the book's credibility would benefit from more objectivity (for example he repeatedly promotes Seeking Alpha, where he once worked and may still have an ownership interest) -- that may well be a matter of editing rather than actual judgement, but nonetheless it undermines the reading experience.

That said, this is a great place for new or confused online investors who want to know where to look for different kinds of help. If you are investing any amount of money online, your best return all year might come from buying "Tradestream."

2 of 2 people found the following review helpful
5.0 out of 5 stars A Complete Guide to the Intersection of Social Media with Asset Management, Sep 16 2010
By James Levy - Published on Amazon.com
This review is from: TradeStream Your Way to Profits: Building a Killer Portfolio in the Age of Social Media (Hardcover)
I have long been an avid follower of Zack Miller's groundbreaking Tradestreaming Blog, and was eager to get my hands on his book of the same title. I was not disappointed. Reading the book is like drinking from a firehose, as the flow of ideas and social media applications to the investment industry (both for the professional and private investor) is non stop. Reading this book made me aware of a many new and fascinating websites which are already helping me in my work as a professional investment advisor. Something BIG is happening at the intersection of Social Media and Investment Management, and this book demonstrates why Zack Miller is considered the world's leading authority in this new area.

I would recommend this book very highly both to investment professionals who want to become aware of the cutting edge of our industry, as well as to private investors who seek to take control of their own investment decisions with confidence, knowing that the Tradestreaming methods described in this book can offer them best investment guidance available in the world today, regardless of the size of their portfolio and without abusive fees.

Any reader of this book should have the book in one hand, and an internet access in the other, as the author mentions so many interesting and intriguing websites with such a convincing eagerness to share with the reader that it is impossible to resist the urge to enter these websites and explore for yourself.

This is a book that many investment professionals wish that they had written. It is a seminal work which will no doubt be recognized as such in the coming years, and indeed by be ahead of is time. I encourage investors to read this book, as it pays an investment return to the reader many times that of its purchase price.

1 of 1 people found the following review helpful
4.0 out of 5 stars Great for internet stock picker, Sep 22 2010
By M. Bassett "Family Man" - Published on Amazon.com
Amazon Verified Purchase(What's this?)
This review is from: TradeStream Your Way to Profits: Building a Killer Portfolio in the Age of Social Media (Hardcover)
Wonderful book for anybody that wants to use the internet for stock research and stock picking ideas. Good ideas of what sites to go to first when doing research. Maybe you want to tell people about your stocks and give full analysis with comments. This book tells you how to do it all. Must read.
 Go to Amazon.com to see all 13 reviews  4.4 out of 5 stars 

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