In 2022 we showed 50%+ trade profit on our weekly stock/market newsletter data. In 2023 we simplified by not using options and providing more clarity on hold times.
The results have been nothing short of amazing. Hitting on 73% (22/30) with an average beat of 3.91% and average hold time of 18 days = 122% return on an annualized basis. 180% for 12 Bull picks (8/12) and 64% for 18 Bear picks (14/18) The letter is closing in on 20K readers!
Supporting data for both above claims linked below*
As of last month our designs are being overhauled by a former creative director at Apple for 7 years.
And we recently agreed to terms with one of the most influential people in computational finance who previously held C-suite positions at 2 of the 5 largest banks.
There is a poll near the top of the newsletter link (Yes/No) collecting data for what in my opinion is the best Crowdfunding site. It is not a solicitation or a commitment to invest but we are close to hitting numbers that will have them supporting marketing efforts for our raise. So please click yes even if you'd just like to learn more through a more formalized offering down the road. (To have your vote register you have to leave an email and will get subsequent Prospero letters/updates on this. But for obvious reasons I will not post the actual solicitation here)
Prospero letter recs have AVG annualized return of 122% per pick in 2023 - (
New Window )
I've seen people solicit popularity votes many times on this site which is all this is. There is the disclaimer under the poll. It is just a link to a free newsletter with a poll in it.
Thanks Anak!
The core of our best signals are derived from options prices so Blue Star didn't even add when I tried to add it because it doesn't have options trading so our models do not produce the quality of results we'd want without them.
How is this any different than someone posting a link to some contest they are in for best song or video or whatever where they ask for people to vote for them? A lot of the times there are even explicit prizes for those things which does not exist here.
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think about Blue Star airlines
The core of our best signals are derived from options prices so Blue Star didn't even add when I tried to add it because it doesn't have options trading so our models do not produce the quality of results we'd want without them.
You know this is a fictional airline from wall Street right?
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In comment 16121980 Giantsfan79 said:
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think about Blue Star airlines
The core of our best signals are derived from options prices so Blue Star didn't even add when I tried to add it because it doesn't have options trading so our models do not produce the quality of results we'd want without them.
You know this is a fictional airline from wall Street right?
Lol somehow I ended up with it being this company
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But this does not seem to be appropriate to post here.
How is this any different than someone posting a link to some contest they are in for best song or video or whatever where they ask for people to vote for them? A lot of the times there are even explicit prizes for those things which does not exist here.
Those aren't appropriate either. Just MHO.
Thanks!
As a company, we got this question so much we made a doc for it which I'm linking below.
If it is more about me personally, I have worked for Hedge Funds. I was actually 17 when I was first employed as an analyst at a value fund. The corporate culture in Finance was not for me. (Although there were aspects I liked and miss) So the first chance I had I got out, I was able to sell a framework for predicting mortgage cash flows to a big fund which ultimately turned into an AI as a service company. Essentially outside R&D consulting for financial institutions seeking to build better predictive infrastructure. I did that for 8 years and for a variety of reasons did not really like it towards the end but the main reason I did that work was to fund proprietary tech and IP.
My interest in Finance has always been more driven by a desire to reform and level the playing field vs. earning money. Like most things it isn't of a purely benevolent spirit. I expect to see an excellent return on my sweat equity and our signals/newsletter aren't "free" as much as an exchange to earn trust. Trust + user scale would turn into the most valuable, evergreen, alternative data farm that has existed. Most people ***cough cough*** Robinhood sell users down the river the first big check they get. But 33% of their revenue comes from Citadel and they've completely stunted their once exponential growth.
FinTech companies selling out/ over-charging their users are a dime a dozen. As alternative data / machine based trading becomes a larger and larger driver of the market, and it will, executing on our plan to partner with users instead of exploiting them will be way more valuable than selling tech now. Or even investing and making our users wonder aloud what our real motivations for our recommendations are.
As is also explained more in the document below. I have one formula I created for Net Options Sentiment that is one of the primary drivers of the success of my weekly newsletter picks. It is easier for me to build models that work longer if I don't need to worry about robots or savvy Hedge Fund managers trying to figure out or compete with my strategies. The better you do with a strategy and the more money you have to move the harder it is to see the same success rates or it may just burn out entirely. Since we are not moving millions or more dollars into these strategies we don't ever have to deploy a critical mass of funds that could drive up the price a lot by the time we are done buying in.
Since our users are trickling in smaller dollars if options prices are moving and circumstances change we have plenty of time to update our numbers (every 3 mins) to recommend new stocks to other users when funds would still be buying in.
Beyond that, later in life, instead of continuing to need to watch the markets like a hawk, raise funds, etc. this thing will largely be on autopilot. Actually helping a lot of regular people and completely removing myself from the Wall St. grind is way more appealing to me than the other path.
If it is so good, why aren't you selling it? - ( New Window )
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Congrats!! Why don't you raise capital or trade for a hedge fund if your stock selection is working so good instead of going this route?
Thanks!
As a company, we got this question so much we made a doc for it which I'm linking below.
If it is more about me personally, I have worked for Hedge Funds. I was actually 17 when I was first employed as an analyst at a value fund. The corporate culture in Finance was not for me. (Although there were aspects I liked and miss) So the first chance I had I got out, I was able to sell a framework for predicting mortgage cash flows to a big fund which ultimately turned into an AI as a service company. Essentially outside R&D consulting for financial institutions seeking to build better predictive infrastructure. I did that for 8 years and for a variety of reasons did not really like it towards the end but the main reason I did that work was to fund proprietary tech and IP.
My interest in Finance has always been more driven by a desire to reform and level the playing field vs. earning money. Like most things it isn't of a purely benevolent spirit. I expect to see an excellent return on my sweat equity and our signals/newsletter aren't "free" as much as an exchange to earn trust. Trust + user scale would turn into the most valuable, evergreen, alternative data farm that has existed. Most people ***cough cough*** Robinhood sell users down the river the first big check they get. But 33% of their revenue comes from Citadel and they've completely stunted their once exponential growth.
FinTech companies selling out/ over-charging their users are a dime a dozen. As alternative data / machine based trading becomes a larger and larger driver of the market, and it will, executing on our plan to partner with users instead of exploiting them will be way more valuable than selling tech now. Or even investing and making our users wonder aloud what our real motivations for our recommendations are.
As is also explained more in the document below. I have one formula I created for Net Options Sentiment that is one of the primary drivers of the success of my weekly newsletter picks. It is easier for me to build models that work longer if I don't need to worry about robots or savvy Hedge Fund managers trying to figure out or compete with my strategies. The better you do with a strategy and the more money you have to move the harder it is to see the same success rates or it may just burn out entirely. Since we are not moving millions or more dollars into these strategies we don't ever have to deploy a critical mass of funds that could drive up the price a lot by the time we are done buying in.
Since our users are trickling in smaller dollars if options prices are moving and circumstances change we have plenty of time to update our numbers (every 3 mins) to recommend new stocks to other users when funds would still be buying in.
Beyond that, later in life, instead of continuing to need to watch the markets like a hawk, raise funds, etc. this thing will largely be on autopilot. Actually helping a lot of regular people and completely removing myself from the Wall St. grind is way more appealing to me than the other path. If it is so good, why aren't you selling it? - ( New Window )
Makes sense to me. I’m a professional trader in commodities so I’m sort of in the same space. I’m going to download the app tomorrow and check it out. Thanks and good luck!!
Though self-employed, I'd LOVE to have space on the forum to promote myself and my business.