Dr. Rost blog used by Wall Street
I didn't know that so many hedge funds and other Wall Street firms had started reading my blog, until several of them actually started writing to me. Apparently they find my comments on the drug industry in general and Pfizer in particular quite helpful. I guess there aren't too many former Pfizer VP's analyzing Pfizer and issuing honest opinions independent of the company . . . nor do they usually get their advice out even before the Jim Cramer's of the world echo their comments.
Here's an e-mail from this morning:
We pick up your blog as part of an information provider called Collective Intellect(www.collectiveintellect.com). Your insights ahead of the PFE analyst meeting/annoucement were well received by many of our investing clients. We try to detect information that might influence securities pricing ahead of traditional media and traditional investment research. REDACTED
Thanks for your time.
REDACTED Securities Group
REDACTED Madison Avenue
New York, NY 10017
So, of course, I checked out www.collectiveintellect.com. Here's what they write about themselves:
New media is changing communications forever – are you using it to your business advantage?
Blogs, social networking sites, message boards, web communities.
There’s a lot of conversations happening online every second, and some of them will directly impact your business. How can you possibly monitor all of those conversations? You can’t. You need to filter out the vast majority of useless content from the nuggets of relevant, credible content.
Whose opinions matter, what’s spam, what’s worth paying attention to? Perhaps more importantly, what can you act on now?
Collective Intellect offers a new model for relevant new media research, with specialized services for institutional investors and investment professionals as well as Fortune 1000 companies. We create technology that helps you monitor, listen and respond to the most important conversations happening in new media – in as close to real time as you can get.
And there you have it. The Dr. Peter Rost blog is now among the sources investors listen to, to make their decisions.