6/11/17

Ask anyone what to read to stay informed, and 10/10 of people will tell you to read the WSJ (as you should) but what do you supplement it with? Personally, I subscribe to a few newsletters listed below. Are there any others you read that you recommend?

Dealbreaker
Pitchbook
Deal Book (rather than full NYT)
Briefings from GS (weekly not daily)
Fortune's Term Sheet
The Market Mogul's Breakfast Briefing
Finimize

Comments (60)

5/22/17

SB+1.
Solid list, I am always looking to add to the morning commute.

I also listen to podcasts too:
- TechStuff
- FT Tech Tonic
- Industry Focus
- FT Banking Weekly
- FT Money Times

These are short and do not get posted everyday - personally, I enjoy them.

'I'm jacked... JACKED TO THE TITS!!'

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5/22/17

Love the name. Ill check those out, this is my podcast line up:
Planet Money
Deal of the Week
Masters in Business
Marketplace wit hKai Ryssdal
Wall & Broadcast
The Vampire Squid.

5/30/17

Cheers, didn't know of Wall & Broadcast.

Add the M&A podcast and Private Equity Funcast on my commute line up.

5/30/17

a16z, the Andreessen Horowitz podcast, has a ton of content and most of them are short enough for a morning commute

5/23/17

Coffee goes well with all these. Including scrambled eggs on wheat toast.

5/30/17

+1 SB

How many hours do you sleep OP? Are you pre or post B-school, if relevant?

5/31/17

appreciated, and I'm still undergrad

5/30/17

I just signed up for Briefings from GS. Thanks for the recommendation. Here is what I read when I get into the office in the morning:

Morning Brew on WSO
Seeking Alpha's Wall Street Breakfast
DealBook
Dealbreaker
Fortune's Term Sheet
Dan Primack's blog on Axios
ESPN

Best Response
5/30/17

FT > WSJ

"The problem with Socialism is that eventually you run out of other peoples money"

  • Margaret Thatcher
5/30/17

Great list. Also enjoy Money Stuff from Matt Levine (daily)
https://bloomberg.com/view/topics/money-stuff

5/30/17

I stick to these three, but if something catches my eye on any of them I generally go down the rabbit hole/chase the dragon from a bunch of different sources:

  • Marketsnacks newsletter
  • Morning Brew
  • Fortune's Term Sheet
5/30/17

I highly RECOMMEND reading THE ONION every morning. It's the perfect news source to stay informed about all of the events DISRUPTING our world.

5/30/17

There isn't enough time for me to read newsletters so I setup a news feed with specific sites and topics on Feedly these days;

  • PEHUB
  • FinSME
  • The Deal
  • WSJ/FT/NYT/Fortune
  • SEC Edgar new 10-12's but also recent filings by keyword
  • keywords for everything under our coverage

Everything else I look up on my Bloomberg, I stick to these when I want a shortcut on modeling; FA GEO, FA PROD, MVP, RRG, CF, HH, ANR, EE.

5/30/17
Stay.Hungry:

Dealbreaker

Today I learned Dealbreaker is still around.

5/30/17

It's all podcasts on the morning train ride. Reading anything in that kind of cramped space would be awkward.

Daybreak. Out before I'm up, short, yet comprehensive.
ETF Report keeps me up to date on industry specific news.
The Daily from the NYT helps me round out my knowledge of what happened overnight.

I'm also with Bill on enjoying reading Matt Levine's column. I do that in the office every morning right after scanning TOP

I break things internally before we roll them out so people don't break them externally, and find data problems. I also know the story behind every one of our ETF's performance quirks back to inception. Our PMs come to me when they need help.

5/31/17

My favorite thing to read is PLAYBOY. Every morning, it gets me ready to start the day! It also gets me off every day...

6/6/17

I have (had) @Eddie Braverman 's Playboy edition back home. Told my parents I kept it because a friend's article was in it.

Now you may ask, "Why the fuck would you keep it at your parents' place?" Truth is, I had no other place to keep it then.

When I was moving to my current city, I frantically searched for that magazine, but couldn't find it. Naughty Daddy.....

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

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6/6/17

Mine would go with the daily dairy with breakfast, in grilled sandwich along with
The Vampire Squid.
Pitchbook

6/6/17

PE HUB and Techcrunch.. I work in tech PE

6/11/17

Don't you read articles on GQ and Men's Health on how to bang your coworker?

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

6/6/17

I second Private Equity Funcast.......with Devin and Jim

Opstar lifestyle, might not make it

6/6/17

I highly recommend the Adventures in Finance podcast. I look forward to it every week.

6/6/17

In addition to Fortune's Term Sheet, I'd add Data Sheet and CEO Daily.

6/6/17

I am a newsletter and politics fiend, and I will have to pare these down soon:

  • TheSkimm
  • Pro Rata by Dan Primack
  • Mike Allen's AxiosAM
  • Politico Playbook
  • Morning Brew
  • The Hustle
  • Need2Know
  • FiveThirtyEight Significant Digits
  • Seeking Alpha
  • The 10 Point from WSJ
  • Quartz Daily Brief
6/6/17

Disclaimer = I am politics obsessed and a college student so I have time on my hands.

  1. The heavyweights = Wall Street Journal / Washington Post / New York Times
  2. Smart Conservative = Los Angeles Times / Chicago Tribune / The Telegraph
  3. Smart Progressive= The New Yorker / The Atlantic / Politico
  4. Middle = Bloomberg / The Economist / The Hill / BBC
  5. Sports = The Ringer
  6. Ignore at all costs = Huffington Post / The Guardian / Jzebel / Fox News / Breitbart / Drudge Report
6/9/17

The only person who thinks The Economist is a down the middle thing is Karl Marx. They very publicly and idiotically endorsed Shitlery Cunton for president.

Washington Compost and New York Slime are one-sided gibberish too.

6/10/17
  1. The Economist is a UK-based centrist magazine which is widely regarded as a legitimate, factual, and informative news source respected by both sides of the aisle. Usually they support Tory candidates but that is mostly due to how the Tories in the UK are more progressive than the Democrats in the U.S (death penalty, criminal justice reform, universal health care, etc).
  2. Regarding the endorsement of HRC, The Economist may have supported her. But so did widely respected CONSERVATIVE papers like the Wall Street Journal, Chicago Tribune, and the Los Angeles Times. The only semi legitimate paper that supported Trump was the Las Vegas Review-Journal which is owned by major RNC donor Sheldon Adelson.
  3. I am not going to oppose the opinion that NYT and WaPo tilt left but to call it gibberish is a grossly exaggerated (and childish) position. The information provided is informative and based on fact and logic. In addition, both these papers hire conservative columnists to write Op-Eds, when is the last time that Fox News/Drudge/Breitbart/Alex Jones brought a legitimate dissenting opinion?
6/10/17
  1. The Economist had a more centrist reputation in the past; now it's full with left-leaning academic hacks as is standard for academia.
  2. The WSJ didn't endorse a presidential candidate. That's false.
  3. The Compost and Slime are belligerently one-sided and full of factually distorted and political trash even in regular reporting. If they go that route in op-eds then no big deal. But in regular news articles, it's ridiculous. The media has zero credibility and largely has to do with the fact that media/entertainment tends to attract liberal types.

Freedom of the press is great, but with that comes responsibility and journalists largely look for facts that support their pre-existing views and the bias that permeates media today is ridiculous. There is no other industry that has this much liberty to wield power and influence in society with so little in the way of quality control or peer review. And it's a major problem because that power can and is being abused.

Fox News had Megyn Kelly who is a liberal. Hannity fulfills the "biased conservative" role on that network but people like O'Reilly were reasonably moderate. Drudge and Breitbart are very upfront about what side of the aisle they support.

6/10/17
  1. There is absolutely no evidence that the Economist has veered to the left. Just because they oppose your viewpoint on a certain issue, doesn't mean the newspaper changed.
  2. I am sorry, the WSJ did not endorse Clinton. But the entire op-ed board has written join articles deriding Trump with "The Buck Stops Everywhere Else" (https://wsj.com/articles/the-buck-stops-everyw...) and "A President's Credibility" (https://wsj.com/articles/a-presidents-credibil...)that would not look out of place in The New Yorker.
  3. a) What part of Megyn Kelly's 5+ years on Fox News where she repeatedly attacked left wing values (Pro-Choice, Criminal Justice Reform) show that she was a liberal? Just because she left an organization that is mired in sexual assault cases and overall shittiness does not make her a liberal.

b) Calling Hannity a 'biased conservative' is bs. He peddles stupid conspiracies such as the one with the DNC staffer and called Obama an elitist for using dijon mustard on his burger while praising Trump for his humbleness while standing in a golden chair in a golden penthouse in a golden tower with his name in gold.

c) O' Reilly has never promoted or has been seen as a moderate. The only moderates on Fox News that have any weight are Neil Cavuto and Chris Wallace.

d) Breitbart and Drudge are dangerous to American society promoting stupid stories like HRC and Podesta are running a child sex trafficking ring in a pizza parlor. If you believe government should be shrunk considerably, that is a perfectly fine belief. But promoting obviously false stories and convincing millions of uneducated idiots of these nonsensical ideas is dangerous. Same as with radical left sites like Jezebel.

6/10/17

The Economist used to be more centrist but that's changed in the past decade. They espouse many liberal causes and have endorsed the past four Dem nominees.

Megyn Kelly is more of a liberal and she fits better where she is now. Viewers go to Fox for conservative commentary and they simply didn't get any of that with Kelly. Hannity is more what the network is after. For O'Reilly it depended on the issue.

I don't read Breitbart or Drudge so can't comment.

6/7/17

Economist and foreign affairs are my favorite.

Also read the New Yorker for the leftist perspective and National affairs for the conservative angle.

Wsj, nytimes are decent too, just fairly light on the analysis and can be tainted by stupid opinion pieces.

6/7/17

I can't believe the WSO podcasts is not at the top of all these lists!

Come one guys, show us some love, ha.

/podcasts
(honestly though, happy to take feedback on how we can get better...)

6/7/17

If it's you guys doing morning brew, put them on podcast for news.

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

6/11/17

it's not

6/7/17

I don't read the news like WSJ on a daily basis other than brief headline reads, but I do study these, they're all fantastic sources -

GA, JPM, MS Asset Management departments have great quarterly and yearly outlooks and predictions

Value walk

International Monetary Fund posts great publications as well

Quarterly HF letters on value walk are great as well

6/7/17

I suggest a little experiment. Try reading ZERO news, politics, market commentary, etc. for a week. Do anything else instead. See how it affects your mental state. Also see if not being "informed" has any impact on your work.

6/9/17

Interesting suggestion. Reading zero politics/news/mkt commentary for a week.

May be harder than fasting from food for a week.

, that's why they win.

6/12/17
labanker:

I suggest a little experiment. Try reading ZERO news, politics, market commentary, etc. for a week. Do anything else instead. See how it affects your mental state. Also see if not being "informed" has any impact on your work.

Probably the best suggestion yet.

6/7/17

ZeroHedge/ValuBit anyone?

6/7/17

Where do you guys find firm specific deal news? Especially to mention during ib interviews? Are there any sites that will list what deals each bank worked on in a given year?

6/8/17

I just signed up for Briefings from GS, thanks for the recommendation. I usually read:

Finimize
Fortune CEO Daily
Fortune Term Sheet
FT
Morning Brew
Quartz Daily Brief
Seeking Alpha Wall Street Breakfast
TechCrunch Weekly Roundup
WSJ

6/8/17

As silly as this may sound, I use Twitter to catch up on my news. I just add accounts that I find to be relevant (i.e. NYT, WSJ, Economist, Fox News, etc.) to a List and on my commute, I open up the List and it has all the news headlines condensed together, separate from my regular Twitter feed.

6/9/17

Morning:
Axios Login
Axios Pro Rata
Nuzzel
StrictlyVC
Quick skim of Dealbook

Afternoon:
CB Insights Daily Newsletters
Mattermark Daily

6/9/17

Also, on a weekly basis... 25iq by Tren Griffin is a must read. He covers and writes in-depth pieces on famous investors, entrepreneurs, scientists/researchers, etc

6/9/17

Solid List! Here's what I read:

  • WSJ Market Shot
  • The Information
  • Fortune's Term Sheet
  • Morning Brew
  • CB Insights (trust me on this one, it's gold)
6/10/17

I've progressively turned to newsletters more than newspapers or websites...

  • Economist Espresso
  • FT Daily
  • FT Due Diligence (surprised nobody mentioned it)
  • FT Tech
  • FT Energy Source (weekly)
  • NYT Open Thread (weekly)
  • 2/3 local newsletters from quality papers
6/11/17

Recently signed up for Harvard Business Review. Great stuff

...still waiting for their cover story on the psychology of mad swagger, with the cover picture being a chow chow dog

6/11/17

Section X or bust

GoldenCinderblock: "I keep spending all my money on exotic fish so my armor sucks. Is it possible to romance multiple females? I got with the blue chick so far but I am also interested in the electronic chick and the face mask chick."

6/11/17

FT
Project Syndicate
WSJ

6/11/17

What would you guys recommend for daily reading to someone if they were in coverage as opposed to being in a capital markets role and vice versa?

6/11/17

TheAutomaticEarth
NotesFromUnderground
Reuters's Commodity News
FT View + Martin Wolf (sometimes)
(+ tons of commodity-specific stuff that you probably shouldn't bother reading unless you're in the field).

6/11/17

FT, WSJ, check RSS feed for new and potentially interesting company filings.

However, I've recently got into reading the Lawfare Blog and while not really finance related related it's a new mainstay in my morning rotation.

"We listen, if it feels good we shake."
"This town is nuts, my kind of place."
-WSMFP

6/11/17

FT and daily morning briefing from Research / Sales team

6/11/17

I have newsletters setup for high quality, factual sources of info... then use Gmail/work email inbox as a central place to read and/or pick out what to read and toss duplicate stories/columns on same subject.

Even in the good papers/info sources, I like to stick to the meat/objective/factual areas of eg. newspapers and mostly avoid opinion BS. Sometimes they'll be a few days when there's not so much to read, then they'll be a streak of a week or so when there's lots to keep tabs on.

<=Daily Reads
FT
WSJ
NYT
Economist
Abnormal Returns
ValueWalk
Factset

=Weekly Reads
Global Macro Monitor
Office National Stats (UK)
25iq
Bronte Capital
Investment Masterclass
What I Learnt On Wall St
Mega cap company magazines e.g. BP's energy/future subscriptions...
...best value type investing blogs (ppl can find from googling)

...sign up to newsletters when you find top people recommending something. def sign up if multiple ppl recommend something...

TG

6/11/17

Zero Hedge
WSJ
Deal Book

6/11/17

OandaFX trading platform has a great news feed that circulates a lot of global news, as it is a currency trading platform. They have a practice account so you dont need to sign up for a real trading account, but by far the best aggregate news source I have found.
Forexfactory.com is good too for weekly news releases, with links to the actual documents for easy access

Array

6/11/17

I can't be the only one who sings along to the Private Equity FunCast Intro/Outro song. That shit is a banger.

6/12/17

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