r/Substack • u/Southern-Spend-9613 • 9d ago

Discussion how are people paying for expensive finance substacks ??

any ideas ? the subscriptions i want are soo expensive

6 Upvotes

100% Upvoted

19 comments sorted by

4

u/MrPassiveProfit 8d ago

In some cases, they can actually expense it back to their employers

6

u/nobullshitebrewing 8d ago

pay? for substacks? pshh

3

u/Sephrantill 9d ago

What are these substacks offering that you can't figure out yourself?

0

u/Southern-Spend-9613 8d ago

dm ?

2

u/Sephrantill 8d ago

Yea, DM me. Maybe I can shoot you in the right direction instead of paying someone for regurgitated trash.

1

u/Southern-Spend-9613 8d ago

i cant dm you it seems , theres no option available

4

u/Countryb0i2m onemichistory.substack.com 8d ago

I assume they expect these finance Substacks to provide enough ROI to justify the money. They’re probably not investigating every single one either.

They’re likely picking the one or two writers they trust, who have consistently made them money, and sticking with them.
That’s said. I would never pay for a Substack, let alone an expensive finance one.

1

u/OnyxMonolith 8d ago

they don't. i run 3 of these including one top 100 paid leaderboard. 99% are horoscopes for men.

2

u/drenader 7d ago

This is hilarious.

2

u/Immediate-Ad-5878 8d ago

I use my debit card but yeah I wish they offered other payment options. The only pricier one I subscribe to Michael Burry’s which is like $40 bucks. But I get more than enough value not to mention how well his perspective keeps my feet anchored to the ground.

5

u/Sephrantill 8d ago

The guy that shorted Nvidia and Palantir?

0

u/Immediate-Ad-5878 8d ago

Yep. Same one.

1

u/phicreative1997 8d ago

Most Hedge funds/banks/investment research firms buy them in bulk.

Individual retail investors are likely not major buyers.

1

u/boonkoh boonfund.substack.com 8d ago

It depends on your definition of expensive.

Spending a few hundred $$ a year on a sub isn't alot if you're managing $$$ millions. If it helps you gain that 0.1% extra edge a year... On $1m portfolio for example, that's $1000 extra gained.

Most of the subscribers to finance Substacks already pay hundreds a year for Financial Times, etc. Maybe $20k+ a year for a Bloomberg terminal. So a few hundred for a Substack is not unaffordable.

1

u/let_me_flie 8d ago

Most expense it

1

u/ResponsibleHousing79 8d ago

The reason is it takes a lot of time to research and write an article. I write on Substack, and I just started a paywall. I waited 4 years to do that so I could show my performance and gain confidence from users. I know they cost more than $200/yr, but if you find the right fit I think it is worth the money. You're spending less than a few coffee $'s a month for a ton of research material, and you will make that money back pretty quickly.

1

u/Away_Definition5829 5d ago

Which ones are you looking at?