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October 16, 2006

Why Wallstrip?

Wallstrip, founded by internet investment denizens Howard Lindzon and Trader Mike, provides a forum for idea exchange, information and education around companies whose momentum has driven them to make progressively higher highs. Now, for starters, I am anything but a momentum investor (I definitely have a deep-value bent - what can I tell you?). However, I believe in the Wallstrip medium and format for sharing opinions, approaches, and perspectives. This is a great way to add value to the internet dialogue around investment practices and methodologies; and this is why I happily agreed to be a periodic contributor and to add to the stock of trading and investment knowledge Howard and Mike have assembled for their little venture.



While my approach is fundamentally different than most - seeking to paint a picture by collecting data and insight from the internet - I thought it might be worthwhile to share since it is something people without investment brilliance (like me) can actually do. Very emancipating. Very democratizing. Very, very cool. This is why I love the internet.



I am glad these guys have the vision, the guts (and the time?) to do such a thing. I am way, way too consumed by my own little world to do something on such a scale. But all I’ve got to say is good job, guys! You’re off to a great start. I’m glad people like you are out there. You have my word that I’ll help in any way I can. Like you’ll need it. Not!



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