What tools would you use on your own?
Hypothetical scenario: You made a good chunk of change at a fund but recently left to manage your own money, say $10m, by yourself. How big would your budget be for different tools/resources, such as data providers, information flow, services etc, and which ones could you not proceed without? At what level do you think a Bloomberg terminal would be worth it?
Bump
Bloomberg and Tegus.
There are definitely more cost-effective tools than BB Terminal. You can also build your own infrastructure if you have a little programming and api knowledge
are the API knowledge you're referring to talking about web scrapping
Some websites have APIs set up already so you dont have to scrape them
Nope.
Koyfin, Tegus, and a few substacks/blogs. SS research/models from friends at HFs. That's all you need.
would koyfin essentially replace CapIQ?
Pretty much
They have a very ambitious release schedule also
What Substack blogs do you read
BamSEC and Tegus
Based on this thread-- short Bloomberg, short CapIQ, long tegus.
I've never used Tegus. What makes the platform so useful? Is it the transcribed interviews?
Bump
Prob just that, and the fact that everyone has them, so it makes it necessary if a stock moves because everyone is reading the same transcripts from that one ad-tech interview with an expert who oversees $800mn in ad budgets calling out incremental spending at meta instead of tiktok QoQ or some bs
I personally manage a reasonably large HF of my own and I only pay for Koyfin personally. I do however have access to/use S&P Capital IQ for free through my local library!
Your post history says you work at EY…..
Do you understand when you say "reasonably large" that implies >$1bn in the HF world? Maybe >$500mn at the lowest end....
If you are using a local library for data access, you are not managing a reasonably large HF of your own. You manage a personal investment account
I wish my "personal investment account" was worth $15M+!
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