From the Inside Flap
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.
From the Back Cover
"Finally all investors have the tools available to beat the pros. Zack Miller describes these tools perfectly. This book turns the investing game upside down and gives the power back to the small investor."
—James Altucher, Columnist, Dow Jones; Asset Manager
"Zack Miller is an excellent source when it comes to using new online tools to vet investment ideas. His first book is a broad survey of emerging investment strategies that take advantage of the wide array of financial tools and content that you can find online—from blogs to Twitter. There's a lot of noise out in the TradeStream, but this book helps you cut through that to find the truly useful information."
—Michelle Leder, founder of footnoted.org, a Morningstar Company
While you can gain instant access to information on any given stock with the click of a mouse, the truth is that sorting through all that data—and building a profitable portfolio from it—can be both time-consuming and difficult.
But by blending resourceful use of the Internet with social media such as Twitter and Facebook, you can quickly learn how to mimic some of today's most successful investment approaches and use them to achieve outsized returns. That's what TradeStream Your Way to Profits is all about, and with author Zack Miller's guidance, you'll gain a firm understanding of how this approach can be incorporated into your everyday investment endeavors.
Written with the serious investor in mind, thisreliable resource will show you 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
And much more