Howard Marks is founder of Oaktree, probably, one of, if not the highest, reputation distressed debt and distressed asset investing hedge fund. Was ‘hired’ by government for TARP work, manages money for States, top endowments, sovereign wealth funds, etc. Very good, long-term track record. And simple, clear ‘memo’s’ on his opinions on markets.
There are a few others I go to. But…might be a worthwhile thread. Just the ‘top’ places you read. Ideally, under a few pages each time. Ideally semi-regular new updates.
Both do a good job of finding interesting, relevant investment research, with a heavy emphasis on the [u]process[/u] of sound investing (as opposed to investing by judgement). One nitpick - Barry Ritholtz of The Big Picture periodically (and correctly) warns investors against dwelling too much on the political landscape, and yet can’t seem to help himself in weighing in on the political debate, with a decided point of view. You’ll either love it or hate it. Personally I think his investment philosophy is right-on and that he would be best served to create a separate political blog where he can pontificate to his heart’s content.
I regularly read the Bogleheads forum. While the main message advocates index investing, there are often high-quality article links or discussions. I have learned a lot about asset allocation and tax strategies on the site.