My favorite thing is FinTwit learning about the tactics of the investment newsletter industry. Important to know about. It’s more fascinating than most imagine.https://twitter.com/Guruleaks1/status/1252275545385177088 …
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Replying to @LAForeverHall
Amazing the people who never stop to wonder: If this person is so good at what they do, why are they telling the world their secrets for a modest monthly fee rather than doing the thing? Goes for investing newsletters and a whole range of other things.
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Replying to @ReganCoda
Well the scale of the investment newsletter industry runs to the billions and it’s super high margin and largely unregulated, but that’s definitely true to some extent.
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Replying to @LAForeverHall
For sure. Just meant that it's profitability (for the newsletter pimp) is a function of it's role as a $ maker and rarely to it's stated goal.
1 reply 0 retweets 1 like
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true.