HedgeyeReviews of hedgeye.com

This is a very expensive service that is sold to retail investors but puts institutional clients first. While much of their content is quite good and the team, other than Keith McCullough, is excellent, the service is very disingenuous. They have a lot of content and will try to sell you even more once you sign up. Keith McCullough has a daily 30 minute show broadcast over the internet and most of it is repetitive and bragging about all the great trades he made (after the fact) and how dumb you are for missing them. He also spams Twitter all day long and talks a lot of garbage about others, many of whom deserve it. He loves to pick on Jim Cramer but really he's just the internet version of Cramer. I like to think of him as Keith McCramer. Overall, the quality of the content other than the Macro Show is good but very overpriced. There is a cult following of Keith on Twitter which is very negative and divisive (Hedgeye Nation). Don't waste your money on this. Plenty of good free and low cost content out there from people who are much more competent than Keith. I asked a follow up question in March on Twitter and he was extremely disrespectful to the point that I had a call from the CEO of the company to apologize.

Macro... macro.... macro. Analysis of all the major moves of the market. Forget the narratives and subscribe to Hedgeye for market insight and portfolio risk management.

I agree with some comments made by Jeff C and Investor. While the overall investment process seems to make eminent sense, Hedgeye will indicate one action in one service and then contradict it in another--or, as he did w/ NatGas a few weeks ago, sell his position, not tell you to sell in Real Time Alerts, and then tell you the next morning when the security has crashed 15%. No response from Customer Service when I inquired what happened. Also, he'll make a round trip for 1 or 2 percent profit, notify you of it, but within minutes the price has moved so that it it impossible for you to execute at the recommended price. My greatest success by far has been in following their recommendations for shorts, not longs.

Overall their risk management approach seems sold. But I have been left ¨holding the bag¨¨ on positions that shows long or short in one service, such as ETFs, but then Keith announces on the show that he exited the position a day or two earlier for a (albeit small) profit. It requires very active trading for thin profits in a range. You will either like or dispise his arrogance, I find it refreshing to the journalist entertainers on most media.

Ive been managing money for 6 years, sell side for longer. Just been watching him since May 2022, but very constructive on his data driven process and ability to go long and short. I went through his Hedgeye university and am familiar with his foundational beliefs. Many of the 1 star review critics should go through it. 1. Regime based allocation strategy ie quads gives him a macro framework to hold his positions in different asset classes for 3-4 quarters and beyond. 2. Hedgeyes large research team (and the company culture seems great in there) are top notch. 3. Their peak inflation >recession narrative, way ahead of the private banks I deal with. Wish I subscribed last year so I could have seen this massive drawdown much earlier. This site is for independents who use the service to augment their investment process, or help them create one rather than just be momentum traders. Their system is to focus on asset classes and sectors that work in different quads, and leg into positions based on short term trading ranges and go long short based on implied volatility premiums and discounts. Makes eminent sense and it’s risk based. The massive chip on KM shoulder can be a distraction (sometime entertaining, sometimes just mean ), Notwithstanding, I find their process worth the noise.

The education I am getting from Keith McCullough and The Macro Show is worth the price alone.

I subscribed to Hedge Eye's Investing Ideas. It's been a complete disaster, my portfolio is down 35% based on their recommendations. What they do is pick stocks, some companies are completely dubious and based on speculation like airlines/hotels last year in the middle of the pandemic. These stocks have no long-term potential, just short-term speculation. Then those stocks tank or the gains never materialize so they just immediately remove those stocks. There's no exit strategy, you're left hanging in the wind wondering what's a good price to exit or just take a massive loss. I've followed their picks and bought according to their prices and now I'm stuck with a dozen dying stocks I don't know what to do with. Some lessons learned on spotting red flags: 1. They don't track their own performance. That way consumers don't know how poorly their ideas are performing. 2. There's no exit strategy when they dump ideas from their list. Sure, they tell you when to buy/sell a stock, but then when it's doing bad they suddenly drop it without even helping you stop your losses. 3. Many are short-term speculation. A lot of these stock picks tanked because the companies were running on rumours and hot air. They were not solid, they were expecting glorious returns or hype that never delivered, examples include BIRD, POAHY, TWTR, UP, WYNN, ATIP, etc.

Hedgeye is an outstanding investing process for those of us who want to truly self-direct our investments and get away from "outsourcing" to a wealth manager or RIA. Getting immersed in Hedgeye's investing process takes a little time and work. If you can manage to read the Early Look every day and watch the Macro Show, you will get the hang of it in about 2-3 weeks. There is also a learning section to the Website with explanatory videos and articles called Hedgeye University. Hedgeye is not a quick hit, put all your money in 1 or 2 stocks and watch them 10x investment process. The company teaches how to RISK MANAGE. The #1 rule is don't lose money during market corrections while participating in strong market up moves. This is how pros invest - so no surprise that Hedgeye's core business is on the institutional front. There is a pretty big team of analysts at Hedgeye. Everyone I have ever dealt with there was a seasoned investment professional. I don't think they employ any journalist types.