THIS SOCIAL NETWORKING THING
You know, I have to admit, I never really got this social networking thing. I am one of the only people born in the 70's without a Facebook. I never had a Myspace. I'm just not a big fan of telling people what I drank at Starbucks in the morning or that my wife just bought me a new sweater. I'm not necessarily eager to have my old high school friends contact me either. It was fun guys, but I've moved on...if I want to relive our memories, I will look you up. Transparency is good in the capital markets, but not in the family market...that's my opinion.
But guess what? I'm experiencing a bit of a change. I'm starting to get it...a little more, at least. Twitter, thus far, has been a great experience. I just joined it a couple weeks ago. I am realizing the benefits of this social outlet more and more on a daily basis.
One of the greatest benefits I see is that it creates an online, indisputable track record of my opinions, thoughts and analysis. I like that part a lot. I want people to be able to go back and see what I was saying about the Gold market at such and such time. I want people to go back and see what I was saying about the S&P in January of 2011 a few years from now. Even shorter time frames. I want people to go back and see what I was saying about the markets earlier in the week versus what the actual results were.
The reason is simple. I am right more often than I am wrong...a lot more often, in fact. It's not just bloated opinion...it's a result of 16 years of hard work. The enormous highs of running a top-ranked hedge fund to the devastating lows of not being able to have a winning month for the life of me. All of those emotional swings and literally thousands upon thousands of trades, have led to some sense about what the market is trying to tell me...I speak its language rather well.
I'd love for everyone in twitter land to see the accuracy of our individual stock picks. But, I'm sorry...the work we (my analyst and myself) put into discovering, studying and investigating these names is simply too much to give away for free. Paying members understand what I mean.
Twitter, it turns out, is not just great for networking with like-minded individuals, but provides a fantastic forum for recording my opinions so that whomever feels the need to check up on this Zenpenny guy, has the opportunity to do so amongst the thousands of tweets I will be sending out over the next year.
So I invite those who don't follow on Twitter to do so now...here is the link: http://twitter.com/#!/Zenpenny1
