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  • Dec 18, 2014
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Smart Money

PUBLISHED : Monday, 27 June, 2011, 12:00am
UPDATED : Monday, 27 June, 2011, 12:00am
 

Some helpful investing resources:

footnoted.com

Michelle Leder and her team at Footnoted spend hours trawling through the notes US companies bury in their regular Securities and Exchange Commission filings. At times shocking, at others hilarious, recent highlights include Martha Stewart paying her daughter a six-figure salary and Krispy Kreme's problem with 'doughnut sewer sludge'. The site reveals potentially damning footnotes long before they're unearthed by major investors.

Moneyball

Don't be deterred by the fact that the book has been turned into a film starring Brad Pitt. This is a serious, highly readable book. Michael Lewis recounts the true story of Billy Beane, the manager of the Oakland Athletics baseball team. Beane's payroll budget was among the lowest in the league. His solution was to use a statistical approach to analysing returns on investment (in this case getting the most wins for money spent on player salaries). At its heart the book is a meditation on the need for impartial investments with an unerring focus on returns.

realclearmarkets.com

As the site's name claims, Real Clear Markets provides a transparent look at the finance world, collating a daily selection of major market-related news, commentary and analysis from money managers, economists and journalists. In an easy-to-read format and divided into accessible sections, the site balances timely articles from mainstream sources (Forbes, Fortune, The Wall Street Journal) with sceptical views from popular bloggers. It's a one-stop shop that cuts through the clutter of financial news reporting.

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