Hedgeye Opiniones 159

I've been following this guy for a long time. What I learnt is pretty simple. Keith is a fantastic businessman. He sells cheap subs and a "process". His process is obsolete and too slow for the ever changing market conditions. Think about it if it were good he would be managing billions in a hedge fund instead of talking daily about "old wall". So most of his ideas won't work and then his current subscribers get annoyed and leave or he blocks them and then new subs come in and he trys to portray that he was right all along. Even now entire 2023 he was bearish and got butchered and he kept taking digs at Mega stocks but if you Google keith right now you will see he is sponsoring an ad which says "45%off on signals for mega stocks". This is the most toxic guy I've come across stay away!

Unbiased repeatable data dependent process driven analysis of markets

I’ve been a subscriber for over a year. Hedgeye offers a wide range of investment products. I use “The Call” and “The Macro Show” to find new investment ideas and to gain perspective on the direction of the economic cycle. The interviews Keith and Co. do with invited guests throughout the year in effect aggregate invaluable insights that I don’t necessarily find in the traditional or main stream media.
This group shows up every day, i.e. grinds, and I appreciate their candor. They own their market calls whether they work out or not.

Very comprehensive and you need to be reasonably informed on markets to get the most out of the subscription (S) it’s not a hedge fund that you blindly follow it’s a guide on a process to how you will build your own personal hedge fund. I’ve been in markets 30yrs and the quality of the research is as good as the investment banks I worked for .. My advice give it a go and be patient you will make mistakes but learn from these and become a better trader /investor … good luck!

Always have great new ideas and have taught me how to avoid the mistakes that I am already in… if only the markets would help.

The information and facts I receive each day are very important and excellent. I no longer listen to many other sources ie CNBC NY TIMES WALL ST JOURNAL BARRONS ETC that I thought were reporting accurate facts. I think the call is very important and useful but I would get more,out,of it if Keith did not interrupt as much.I do love the service and I am a Macro Pro subscriber
Keep it coming
Len Geissenberger

Hedgeye famously bases its portfolio construction around the "process" and market signals are derived from proprietary bayesian/ fractal signals developed by founder - Keith McCullough (Mucker).
Been a subscriber for 3 years, wished to have been a subscirber for more, but the inconsistencies and cherry picking of the process have finally worn me out.
This is not just my opinion, but also of members behind the pay wall, which (often to their own frustration) have to vent between themselves amid the sometimes overly marketed services and success of " the process". I too am guilty of such venting. Some of the deficiencies:
- risk ranges: position entry bands, derived by Keith's proprietary math model, often get violated in current market environment and the calls for action to either sell/buy result in bad decision making. Example: based on bearish trends, anyone shorting major components this year would have been underwater (as it seems many have), but Keith will always point to faults of the users/ members and not the inconsistency of process...or that Wallstreet just wants its bubbles back. Ok, sure...but the tools should have pointed us in the right direction like 2021, where he famously "rode the bubbles" instead of having pick up pennies in front of steamroller all year.
"It's the cycle, stupid" - up to this year the mantra was that economic gravity is dictated by economic cycles. Then, as the thesis started to change and Keith realizing that the game shifted beneath everyone's feet, it was "the flows, stupid". Perhaps their recent partnership with Tier1 Alpha will help in long run, but so far they dont have grip on how much macro forces can actually influence market behaviour at key points of the game.
- Macroshow: apart from usual market commentary (top 3 things), rarely is anything other than Keith boasting and defending of the process. At times there are really useful and insightful shows, but after 3 years lost its effect. Repetitive, un-insightful and too much focused around Keith's constant need to vent against "them" (think of them as dark side of Wallstreet)
-Real Time Alerts: generally perceived as more of a marketing tool for Keith to boast winning streaks on X to promote the product, but of little actual use becuase winning %s are meager and touted, while losses that (according to process) you should be adding to, are dismissed. The approach to sending signals around booking/covering "SOME" of position was launched with good intent, but it didn't meet expectation because useful insights are rare. Just gives Keith excuse to book winning trade VERY early and add to streak of meager winners. Only actual use is to help define Keith's market bias short term, i.e. are there more longs or shorts on board.
-General market forecasting: while 2021 and 2022 on point, this year has been abysmall. Hedgeye might defend by saying "But we've said this and that about this and that"...bottom line is that Keith was drumming armageddon all year (particularly beginning of year) and this November also caught him off guard. The signal and ranges are of no use in this market environment of 0dtes and fund flows.
I take responsibility for my performance and should have done better in 2021+2022, lessons learned. But 2023 has exposed flaws in the Hedgeye process that give stark contrast to Keith's constant criticism of simple technical charting, which would have yielded better results and less work.
Overall I do believe that Hedgeye wants to do the right thing and provide honest and quality research to non-Wallstreet people that wish to participate in the markets. Investing summit is amazing and the fact that they make THAT content free for everyone is a gift to regular Joes. I have also learned a lot and Keith is an excellent coach/ motivator, I will take lessons beyond trading markets from him. However, overall the game has shifted under their feet and with Keith's constant self-promotion in light of wrong positioning for most of year now (yes you were wrong), I decided to not continue with the service because it didn't help me be successful (and I really really tried). They will eventually be right, but so is a broken clock...positioning and SPY monkies though do matter at particular parts of the game, as Keith would teach.

Hedgeye has a very great and good team and i think the old wall has no match for these guys especially in being honest to give market views. Hedgeye taught me how to be a disciplined investor and try not to love your position especially if its already falling.

The firm that Keith McCullough started, Hedgeye, is without reservation the best financial research and investment site/tool/and above all else PROCESS, available.Period.
I've learned so much about investing and developing a repeatable process to invest through Hedgeye that has allowed me and our family "nest egg" to grow substantially and also helped me practice Risk Management as respects our portfolio

The average Joe can get world class research, process, recommendations, and guidance from the Hedgeye team. Incredible! So if you run your own money nothing even comes close. I’ve been trading since 1985 and only dreamed of having access to hedge fund level insights. It will take some work on your part to get up to speed as Keith McCullough and his team are all professionals. The work is worth it because you’ll make money and most importantly avoid ugly drawdowns. Remember the team is mostly seasoned professionals so if your a sensitive type it may not be for you.

I started to use hedgeye this year after finding Keith on Twitter (or X). I appreciate that he uses a purely data driven approach and isnt finding subjective reasons to justify a position he is in or wants to be in like people on CNBC. I have used his high level advice and risk ranges to guide my positioning in my retirement account and its been an amazing year. I have watched Keith consistently make the correct calls at the correct time and not focus on a few names but on what the data says to do.

Comprehensive analysis with real time research and direction. Invaluable to any investor, new or experienced.

Unique, straightforward, clear, unbiased research. Obviously a lot of quantitative and qualitative work behind the scenes that has been tweaked, honed and improved over the years.

Hedgeye provide a robust process which I use as a north star to help guide me through the complexity of global markets (of all types - equities, fixed income, FX). They are not always right, but they are always consistent. Anyone who claims to be right all the time is not being truthful. As much as I can assess from just being a subscriber, I'm also confident we share a lot of the same values. That's important.

In real estate we hear “location, location, location.” At Hedgeye it’s “data, data, data” and “rate of change, rate of change, rate of change.” However, the penultimate piece of data is the VASP.

As I enter my third year with Hedgeye, my “process” has evolved. Starting as a neophyte to active investing, maybe, just maybe, I have finally achieved beginner status. There is so much to learn, and so much to unlearn. However, the education process has markedly improved. If you are willing to put in the work and learn how to put it into action, what a phenomenal find is Hedgeye. If you are looking for a simple solution with mindless, dogmatic direction, good luck and keep looking. If you want to evolve and become a new version of your investing-self, step boldly (though cautiously) into the Hedgeye universe.

I live by the “Macro Pro” subscription. The money I have preserved and NOT lost is more than enough to cover the cost. “The Call, The Macro Show, Risk Ranges, CFTC positions with Z-scores, & IVOL/RVOL” start the morning. Then “Early Look” and the recently evolved “Portfolio Solution” get me past the “kiddie pool” into the noon hour. When the Old Wall goes to lunch, and I get to navigate for informed alpha.

I warn my friends that this may be the “Cult of Keith,” but it is a cult that has absolutely helped preserve my hard earned capital (a.k.a. pile). As long as the alpha rolls, I will roll with Keith (even though my family makes me put on the AirPods because they cannot stand to listen to him). My response to that is, oi (X).

IMHO, only a fool would not dive into Hedgeye University for free then decide. Worst case, play it on a “paper” account for 6 months comparing to your old ways. There is little doubt that if you have a process you will migrate to real money before the 6 mos is up. If not you likely have no discipline, are not suited to this approach, and you should go back to just winging it with moving “monkeys.” To those of you I say, “Good luck, and thanks for coming out. We thank you for playing.” We need more of you to contribute to our alpha.

Hedgeye is for winners who are willing to work for it. Game on!

The information Keith shares on The Macro Show is directly responsible for me being able to save my retirement from the downturn in the market. I can't afford not to be a subscriber.

This is a professional investor advice service. Highly recommended. Start with Macro Show and then escalate.

Hedgeye preaches what I believe. Grow your capital, but also preserve and protect it against big drawdowns. Their advice is timely and informative. you learn how to be a better trader.

Keith and his team have a process that keeps me focused on areas to be invested in (and areas to avoid) based on data, not opinion. A very helpful counterbalance to the drivel on financial TV.