Slogan(s) Read. Decide. Invest. CEO Eli Hoffmann (Jul 2015–) Founded 2004 | Employees 150 Alexa rank 326 (U.S.) Founder David Jackson | |
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Type of site financial commentary and analysis Headquarters New York City, New York, United States Profiles | ||
What is seeking alpha pro
Seeking Alpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, ETFs and investment strategies. In contrast to other equity research platforms, insight is provided by contributor base of investors and industry experts (buy side) rather than sell side. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson. The company reports it has distribution partnerships with MSN Money, CNBC, Yahoo! Finance, MarketWatch, NASDAQ and TheStreet, although Yahoo Finance ended its relationship with Seeking Alpha on July 28, 2014.
Contents
- What is seeking alpha pro
- Ep 63 small cap stocks with nicholas bodnar of seeking alpha
- Contributors
- The Wisdom of Crowds
- Reception
- References
As of February 2014, the firm had 3 million registered users, and attracted 8 million unique viewers a month.
Ep 63 small cap stocks with nicholas bodnar of seeking alpha
Contributors
The firm derives its content from independent contributors who sign up to the site. Base payment is $35 plus $10/CPM (1,000 page-views). For analysis of stocks that have a large number of followers, the firm has three additional payment tiers, from $150 to $500 per article. Finally, two articles are selected each week for a $2,500 "outstanding performance" prize on the basis of how well the stock idea played out.
Its articles are published as Premium articles, Standard articles, and Instablogs. Standard articles are allowed to be published elsewhere, and are unpaid, but also undergo a selection process. Instablogs are published instantly and with no pay. In 2011, the firm is estimated to have paid its approximately 550 Premium contributors $1.2 million.
The Wisdom of Crowds
In 2014, the Review of Financial Studies published, Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media. Researchers from City University of Hong Kong, Purdue University and Georgia Institute of Technology analyzed approximately 100,000 Seeking Alpha articles and commentary published between 2005 and 2012. The researchers looked at the ability of Seeking Alpha articles to predict not only future stock returns, but also future earnings surprises. Findings included that number of negative articles and comments on Seeking Alpha predicted stock returns over every time-frame examined, from one month to three years.
Reception
In 2013, WIRED magazine named Seeking Alpha one of its, "…core nutrients of a good data diet." WIRED: 101 Signals. In 2007, Seeking Alpha was the recipient of Forbes' Best of the Web Award and was selected by Kiplinger's as its pick for Best Investment Informant. In 2011 Seeking Alpha was listed as #1 in Inc. magazine's list of Essential Economic blogs.