HedgeyeReviews of hedgeye.com

Low moral people with no alpha. Don't give them your hard earned money!

Management doxxes people, seems creepy

Bought an all-access annual subscription for $1800, then lost ~10 times that amount following their advice. Utterly useless. Daily updates are rehash of high level news, macro is as wrong as everybody and individual names are poorly researched and full of bias. Best way to make some money: don’t buy their products.

Unprofessional scammers

Massive ego, constantly stretching the truth, everyone is bad except him, rants like a child, waste of time and money

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.

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.

Kevin talks about doubling down on losing positions. Because 'thats what we do, we execute the process. If it goes down we buy some more and then some more!' Then the next day he tells you he closed out his positions. So totally in contradiction to what he told you the day before. You need to be moving in and out like a day trader and even then I don't believe the info you are getting from them will benefit you. This is definitely not for investors and questionable if it will benefit traders. There's no transparency on his trades and what he does and says see to be all over the place. Always seems to come up smelling of roses and making the right calls with no way to validate. Kevin is a funny guy and his show is entertaining, up until the point you realise his advise is not in fact making you money in the long run.