December 19, 2024

23 Must-Read Investment Newsletters

Investment newsletters are making a comeback.

Not the old-school “buy this penny stock” kind.

These are written by portfolio managers, industry experts, and analysts who actually move markets.

Each one specializes in a specific niche, and they’ve changed how smart money finds ideas.

Overview

Here’s the full list of newsletters that are worth your time:

  • Doomberg
  • The Captain’s Log
  • Nat Stewart
  • NonGAAP
  • Unemon
  • The Technology Letter
  • The Diff
  • Net Interest
  • Bison Interests
  • 1 Foot Hurdle
  • Altay Capital
  • Value Zoomer
  • Mostly Metrics
  • Overlooked Alpha
  • Chief’s Substack
  • Timyan
  • Pernas Research
  • Market Sentiment
  • 310 Value
  • Clark Square Cap
  • John Hempton’s Newsletter
  • Generals and Workouts
  • Stock Narratives
  • NoNameStocks

Full Detailed Guide

Energy & Finance

Doomberg

  • The gold standard for energy and finance commentary
  • Known for connecting macro trends to specific opportunities

Growth & Value Ideas

The Captain’s Log

  • Written by Lauren Balik
  • Focuses on immediately actionable investment ideas
  • Clear entry and exit points

Nat Stewart

  • Specializes in small-cap value opportunities
  • Deep research into overlooked companies

Corporate Analysis

NonGAAP

  • Deep dives into corporate governance
  • Spots red flags others miss in financial statements

Unemon

  • Selective but high-quality long/short ideas
  • Known for contrarian takes that work

Technology Focus

The Technology Letter

  • Direct interviews with tech executives
  • Gets answers to questions analysts don’t ask

The Diff

  • Analyzes inflection points in tech and finance
  • Strong focus on industry transitions

Financial Sector

Net Interest

  • Written by a former hedge fund manager
  • Deep insights into banking and fintech

Energy Sector

Bison Interests

  • Focused purely on oil and gas
  • Technical analysis meets fundamental research

International Markets

1 Foot Hurdle

  • Specializes in undervalued Japanese stocks
  • Focus on companies with strong balance sheets

Altay Capital

  • Another expert in Japanese markets
  • Looks for deep value opportunities

Investment Strategy

Value Zoomer

  • Long/short equity ideas
  • Focus on asymmetric opportunities

Mostly Metrics

  • Written by a CFO
  • Explains the metrics that actually matter

Hidden Opportunities

Overlooked Alpha

  • Finds ideas others are missing
  • Strong focus on risk/reward

Chief’s Substack

  • Trading-focused perspective
  • Practical market insights

Specialized Focus

Timyan

  • Phil Timyan’s expert take on bank stocks
  • Deep banking sector experience

Pernas Research

  • Long/short equity ideas
  • Focus on special situations

Market Research

Market Sentiment

  • Broad market research
  • Good for understanding macro trends

310 Value

  • Focus on compounders and value plays
  • Long-term perspective

Deep Value & Small Caps

Clark Square Cap

  • Specializes in overlooked stocks
  • Strong special situations analysis

John Hempton’s Newsletter

  • Insights from a seasoned long/short investor
  • Known for detailed research

Generals and Workouts

  • Benjamin Graham-style deep value investing
  • Focus on special situations

Micro & Nano Caps

Stock Narratives

  • Smart microcap analysis
  • Focus on undiscovered opportunities

NoNameStocks

  • Ultra-small cap focus
  • Finds opportunities others can’t cover

Conclusion

Don’t try to read all of these at once.

Pick 2-3 that match your investment style.

The best newsletters are the ones you actually read and act on.