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I'm convinced that anyone can make a living writing by having a stockpicking substack. Hear me out. Picking stocks is simple. All you have to do is take a cour

I'm convinced that anyone can make a living writing by having a stockpicking substack. Hear me out. Picking stocks is simple. All you have to do is take a course on accounting, read up on valuation, and find a niche (endless variety here) to focus on. Research stocks carefully. Document your analysis and publish regularly. Syndicate on podcasts and fintwit. There are many people that will pay $100/mo for this sort of research if you do it well. Spend the rest of your time writing your novel.

SamoyedFurFluff 4y ago
Uhh somewhat confused about where they’re going to find time to do the research about niche accounting interested and also time to write a novel, often multiple novels at a time.
sammalloy 4y ago
Jim Cramer makes $5 million a year picking bad stocks.
- keithalewis 4y ago
  Weathermen make less to incorrectly predict the weather.
  - sammalloy 4y ago
    You have a point, but I recall reading an article recently that argued that weather forecasting is far more accurate today than it was, let’s say, ten or twenty years ago. But it also seems to be harder to predict for other reasons. I spend a lot of time watching my local weather in the Ventusky app, and I’ve noticed a lot more instability in the last several years.
camoufleur 4y ago
To me at least, being human-focused and sensitive enough to be a novelist is contrary to being a web personality selling questionable financial advice... If the research is actually valuable, shouldn't your advice to the novelist be to exploit it directly?
- Invictus0 4y ago
  > To me at least, being human-focused and sensitive enough to be a novelist is contrary to being a web personality selling questionable financial advice These 2 things are completely unrelated; and btw, lots of people have done completely unrelated things and been successful at both of them. Einstein was a patent clerk. Samuel Clemens/Mark Twain was a scientist. TS Eliot a banker, ACDoyle a doctor. And who said you need to be a web personality? And why is the financial advice questionable? > If the research is actually valuable, shouldn't your advice to the novelist be to exploit it directly? No. Doubling your money at 100k invested is worth 200k. Doubling your money at 100M invested is 200M. Who is more likely to pay $100/mo for good stock research? The percentage is the same, the absolute value is massively different. And someone with 200M doesn't have time to sit around leafing through 10Qs, but they do have to time to read your executive summary analysis, particularly if you do well and get a name for yourself.
dhosek 4y ago
As if all one had to do was create such a thing and sit back and watch the subscription dollars come rolling in.

SamoyedFurFluff 4y ago

Uhh somewhat confused about where they’re going to find time to do the research about niche accounting interested and also time to write a novel, often multiple novels at a time.

sammalloy 4y ago

Jim Cramer makes $5 million a year picking bad stocks.

keithalewis 4y ago
Weathermen make less to incorrectly predict the weather.
- sammalloy 4y ago
  You have a point, but I recall reading an article recently that argued that weather forecasting is far more accurate today than it was, let’s say, ten or twenty years ago. But it also seems to be harder to predict for other reasons. I spend a lot of time watching my local weather in the Ventusky app, and I’ve noticed a lot more instability in the last several years.

camoufleur 4y ago

To me at least, being human-focused and sensitive enough to be a novelist is contrary to being a web personality selling questionable financial advice... If the research is actually valuable, shouldn't your advice to the novelist be to exploit it directly?

Invictus0 4y ago
> To me at least, being human-focused and sensitive enough to be a novelist is contrary to being a web personality selling questionable financial advice These 2 things are completely unrelated; and btw, lots of people have done completely unrelated things and been successful at both of them. Einstein was a patent clerk. Samuel Clemens/Mark Twain was a scientist. TS Eliot a banker, ACDoyle a doctor. And who said you need to be a web personality? And why is the financial advice questionable? > If the research is actually valuable, shouldn't your advice to the novelist be to exploit it directly? No. Doubling your money at 100k invested is worth 200k. Doubling your money at 100M invested is 200M. Who is more likely to pay $100/mo for good stock research? The percentage is the same, the absolute value is massively different. And someone with 200M doesn't have time to sit around leafing through 10Qs, but they do have to time to read your executive summary analysis, particularly if you do well and get a name for yourself.

dhosek 4y ago

As if all one had to do was create such a thing and sit back and watch the subscription dollars come rolling in.