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Science/Tech See other Science/Tech Articles Title: TRUTH-TELLING STARTS WITH FACT-FINDING TRUTH-TELLING STARTS WITH FACT-FINDING by David Dittman, Executive Editor Editors' Note: Welcome to the new Wall Street Daily Weekend Edition. In addition to our regular roundup of top content featured at Wall Street Daily during the week that was, we're now including extended commentary from Editorial Director David Dittman. And highlighting this new digest is the video-based Saturday Spotlight, which will "shine" on one member of our talented and hard-working team of market analysts each week. Enjoy! And please let us know what you think of the new format by contacting us here. Greg Miller is the kind of analyst who pounds the pavement in search of every last bit of information about technologies, trends, and companies he researches, identifies, and recommends. He's the type of guy whose Vegas vacation includes a side trip not to hike Turtlehead at Red Rock Canyon or to hoover down a meal at one of the very few In-N-Out Burgers located outside California. Heck, he didn't even make the short trip to Hoover Dam when he was out west last August. Instead, he booked a site tour of the Sin City-based SUPERNAP facility, which, according to Greg, is "on the leading edge of data center technology." Even his leisure time is defined by what he can learn. Our intrepid Senior Technology Analyst was also on the ground at the fourth annual Baltimore Innovation Week. Greg gathered intel on startup funding, heard from local entrepreneurs about learning from mistakes and seeding ultimate success, and rubbed elbows with tech legends such as AOL Co-Founder and Venture Capitalist Steve Case. This type of investigative work is by no means the sole province of analysts. Indeed, as Greg discusses in today's Saturday Spotlight, you can get involved in this process of discovery by chatting up clerks at your local electronics shop, your home improvement center, or your big box retailer. Who's buying what? Which products are moving off your shelves? Where is the demand? I think you'll find Greg's talk about investors and how to do your own on-the-ground research entertaining, informative, and useful. Wall Street Daily's tagline is, "In a world of liars, the truth starts here..." Well, it takes hard work to uncover the truth. Valuable Questions Because we can't seem to get through this space at least through the first couple weeks without some reference to investing legend Benjamin Graham, note that the one major departure his disciple Warren Buffett takes from the master is to engage in more qualitative analysis. That is, Buffet is a big fan of visiting companies and talking to management in order to form a better understanding of business models and their long-term potential, rather than relying on a purely quantitative, valuation-based approach advanced by Graham. This combination of quantitative and qualitative analysis is the foundation of the work Greg Miller and Chief Technology Analyst Lou Basenese do for Wall Street Daily. Greg and Lou aren't eliciting "insider" information from such visits. Management teams aren't giving up anything they aren't disclosing via public filings with the Securities and Exchange Commission. But there's a big difference between, say, watching the Rose Bowl on TV, even the latest, most advanced big screen variety, and sitting inside the Arroyo Seco on New Year's Day for the Granddaddy of Them All. And, as Greg pointed out to me this week, although you can't ask a CEO to give up non-public information about his or her company, he or she can talk about what they're seeing in the broader market, discuss strengths and weaknesses among competitors, suppliers, and customers, and opine on longer-term, bigger-picture industry trends. Diverging from the "Rose Bowl" analogy, developing subject matter expertise is not a spectator sport. It's a function of experience, of being inside rooms where ideas are exchanged, developed, and worked out into saleable products, of asking questions. It's this level of expertise that's on display in this presentation, wherein Lou talks about discovering new technologies, explains what's meant by the term "quarks," and demonstrates his command of "the incubator life cycle." In our data-driven day and age, technology can't move fast enough to keep up with consumers' expectations. It helps to have a couple experts on your side, helping identify realistic profit opportunities. The stock-selection criteria driving VentureCap Strategist include 17 unique indicators - one of which Lou and Greg deem "the most influential force driving small-cap stocks higher." Lou is especially drawn to technologies – known as "quarks" – that are virtually assured to generate mass adoption. A Profitable Future "To living and investing in the future." That's the valediction above Greg's signature on every VentureCap Strategist alert. It sure is an optimistic send-off. And to be an investor which by definition is someone who provides money or resources for an enterprise, such as a corporation, with the expectation of financial or other gain in the future is to be an optimist. What we have with Greg and Lou is optimism complemented by a realism earned through rigorous inquiry. Based on his single trip to the SUPERNAP server farm, Greg has charted out new paths of inquiry, in addition to his continuing research into profitable opportunities based on the continuing "mobilization" of global communication. Among them are the implications of the proliferation of solar panels in the Las Vegas Valley and the potential for distributed generation to disrupt the utility industry. Storage remains the key here. And unlocking technology that makes solar and wind realistic sources of continuing, reliable, round-the-clock power remains a hope. But you can be sure Greg and Lou will know when critical mass is reached for a breakthrough technology. Be sure to keep up with their research via Digital Fortunes. pro.wallstreetdaily.com/PRC_QRKINV1350L/EPRCRA21/ Good investing, David Dittman Post Comment Private Reply Ignore Thread
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