A Hedge Fund Analyst Christmas List - by Edwin Dorsey

The Bear Cave spent dozens of hours finding the best resources for professional investors. None of these are paid endorsements and we receive no affiliate commissions; this list is based solely on our experience using the products and user reviews. Happy Holidays!

1. SEC Full-Text Search — Search through 20 years of SEC filings for specific terms, people, or entities (explainer video here)
2. PCAOB Auditor Search — Find the auditor and specific audit partner for any company, as well as their track record (explainer video here)
3. Twitter — Many great accounts on Twitter share high-quality research if you know where to look. This list is our top 100. Four must-follow Twitter accounts are: Post Market, Bucco Capital, Prepared Remarks, and Raging Capital Ventures
4. “The Makings of a Multibagger” — Case studies on 104 of the best performing companies over the last five years and their common characteristics, trends, and catalysts
5. IBorrowDesk — Website with borrow rates and short availability on any stock
6. OpenInsider — Tracks insider purchases and sales
7. Roic.ai — 30 years of financial data on any company
8. r/SecurityAnalysis — Wide collection of hedge fund investor letters
9. Dataroma — Shows portfolios of hedge funds
10. Doomberg — If ZeroHedge married a Bloomberg terminal. Fun articles on commodities, crisis, incompetence, and doom
11. 10x EBITDA — A compilation of every hedge fund activist presentation
12. Tegus — An awesome database that lets you find dozens of expert network calls on any company in seconds. Great for learning about any new company/industry. I am personally obsessed with Tegus and any hedge fund without it is at a major disadvantage. Follow on Twitter for more info. ($$$)
13. TheTikr — A super convenient tool for financial data, earnings calls, or stock screener for every public company. Incredibly easy to use. (Lots of free content and a new $180/year tier)
14. Bedrock AI — Cool software that extracts hard-to-find red flags from SEC filings. Early-stage, but it is neat ($$)
15. Neckar Value — Awesome newsletter with A+ investor profiles and general articles (Lots of free content, paid tier is $120/year)
16. @AndrewRangeley — Awesome podcast with underfollowed investors sharing off-the-beaten-path ideas. Also, a great newsletter on SPACs/markets. (Podcast is free. The newsletter is $500/year)
17. hhhypergrowth — Best newsletter on fast-growing technology. Hhhypergrowth shows a depth of understanding that exceeds institutional research and is very consumable for a layman ($500/year)
18. PACER — Find lawsuits against any company or individual
19. Glassdoor — Great way to search for ex-employee reviews of corporate culture
20. Quartr App — App that lets you listen to recordings of any earnings call
21. “A Perspective on Leadership and Strategy” — Lecture from Andrew Clyde, CEO of Murphy USA (NYSE: MUSA), on capital allocation and business
22. “Confessions of a Capital Junkie” — Widely respected presentation by the late Sergio Marchionne on the automotive industry's value-destroying addiction to capital
23. VisualPing — Track changes made to any website
24. SiteJabber — Wide collection of consumer reviews for online businesses
25. BBB — A non-profit consumer review and business accreditation site
26. “Financial Fraud Throughout History: a Forensic Approach” — Jim Chanos’ Yale class syllabus
27. Google Trends — Long term trends in search volume for certain terms on Google
28. FOIA.gov — Explains how to use the Freedom of Information Act to get government records
29. Zer0es TV — Free interviews with great investors and short-sellers
30. ListenNotes — Search all podcast transcripts for any word or phrase. Great for discovering industry-specific podcasts/experts
31. The Technology Letter — Great interviews with the CEOs/CFOs of major tech companies
32. Bison Interests — Great commentary on the oil and gas industry
33. Exploring with Alluvial Capital — Dave Waters shares great microcap research
34. Value Situations — Special situations and value investing ideas
35. Adventures in Capitalism — Harris Kupperman, CIO of Praetorian Capital, shares ideas
36. Keubiko’s Musings — Amazing articles on retail fallacies and frauds
37. Sleepwell — Great write-ups on tech and society
38. TheStockNovice — Wicked smart tech investor sharing monthly portfolio updates
39. Blind Squirrel — Monthly in-depth article on a high-quality business
40. Richard Chu — Great occasional write-ups on emerging tech companies
41. IPHawk — Everything about patents and IP
42. MicroValue — Great microcap stock and special situation research
43. MicroCapLetter — Great microcap and OTC writeups
44. InsiderScore — Track and screen management changes, auditor changes, buybacks, and insider buying ($$)
45. Petition — The must-read newsletter for any distressed debt investor ($499/year)
46. TSOH Investment Research — Shares long-term high-quality “compounder” stock ideas ($349/year)
47. InPractise — Exploring quality companies through interviews with operators ($480/year)
48. The Diff — Covers inflections in tech and finance and the author is wicked smart ($220/year)
49. Stock Spin-Off Investing — Great newsletter with monthly stock spin-off picks ($629/year)
50. MicroCapClub — The best community to share and read quality microcap ideas ($497/year)
51. Net Interest — Weekly newsletter on financial sector themes ($250/year)
52. The Takeover Stock Report — All-encompassing database of public mergers and acquisitions with dates, approvals, commentary. Great for merger-arb/event-driven investors ($10,000/year)
53. Asian Century Stocks — Great deep-dives on Asian equities ($299/year)
54. DJY Research — Great in-depth research on Asian equities ($360/year)
55. Mostly Borrowed Ideas — Once a month deep-dives on large public companies ($100/year)
56. Snowball Research — Small-cap value/activist related research ($$$)

The Bear Cave will be back in early January 2022 with more deep-dive investigations for paid subscribers. And if you enjoyed this list, you may like Sunday’s Idea Brunch — my weekly newsletter where emerging hedge fund managers share their best ideas and details about their investment process ($70/year with some free content). It was described as “too valuable not to share.” Thank you all for your support!

Happy holidays,

Edwin