The Inner Conflict of Being a Finance Blogger
- Posted by Tech Insidr
- on May 15th, 2012
Without a doubt, being a finance blogger is one of the most rewarding experiences I’ve had so far in my young career. I have worked at 2 major corporations as an analyst and I consider blogging almost equally important as those two roles.
Unlike a standard analyst position where you have a very defined set of objectives and tasks, blogging provides me to the latitude to be creative and flexible about my analysis. Phil Pearlman, editor of Stocktwits, does *not* send me e-mails asking me to write about certain tech companies. I do the nitty-gritty fundamental analysis on my own and then I publish it exclusively on Techinsidr.com. Because I have this freedom, I can cover a wide range of stocks and tech-related news on my website. The joys of having “no conflicts of interest”.
It’s truly a pleasure to be able to write about tech companies, interview key industry luminaries, and making money never hurts either.
Even though I really enjoy blogging and I plan to continue for the foreseeable future, there are still some conflicts about being an independent blogger. When I opened up this site in October 2010, I published my material without really thinking twice about the repercussions. If there was a hot company that looked interesting, I would publish an opinion on it. However, after doing this for the last year and a half, I feel that it’s worth mentioning the main conflict that I grapple with.
Focusing Too Much On One Company
If you meet any legendary investor, most of them have developed a unique strategy that they base their portfolio around. For me, I focus my energies on targeting undervalued small to mid-sized growth technology companies. Examples: $RAX $FIO $VMW $OPEN. I have had good success with this strategy so far, which is why I tend to stick with my bread and butter approach.
From a blogging perspective though, I can see how talking about the same stocks might rub some of my readers the wrong way. There are times where I wanted to publish more research on Rackspace ($RAX) or Fusion-IO ($FIO), but I have held off because I don’t want to be viewed as a “pumper”. (i.e. someone who continually talks about stocks in their portfolio).
It’s tough because on one hand I want to add value and explain the solid reasoning behind my investment thesis, but I also don’t want to be portrayed as someone who endlessly “talks their book”. Plus, I am going to own those stocks either way regardless if I blog about them or not. See what I’m getting at?
In the interim, I have taken the approach of reducing my posting frequency in order to minimize these conflicts.
So while I am fully independent about the stocks that I cover, there are still some conflicts that make this job difficult. There are challenges to every job and blogging is no different. In the end though, I am still extremely happy to be a part of a great blog network that produces amazing content on a regular basis.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.blog comments powered by Disqus
Rob a.k.a. Techinsidr has been trading stocks and following the stock market since 1997. He formerly worked at Intel Corporation in a Financial Analyst role, responsible for overseeing an annual budget of $160M... More »