Live data from Hacker News

Launch HN: Alinea (YC W21) – Invest in stocks you believe in

news.ycombinator.com

41–50 of 139 posts

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#41

I think the premise of it is awesome, but it can only be wrong. I'd like some data that proves that the retail investors of your platform end up beating S&P for a start. Companies themselves struggle to even understand their own balance sheet. There are plenty of services which offer aggregated data about balance sheets with typical market formulas. Basically there's a huge industry of sell side analysts that often c…

> I'd like some data that proves that the retail investors of your platform end up beating S&P for a start.

Is that the goal of ESG filtering? My understanding is that people doing that accept potentially lower returns in exchange for greater moral alignment.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#42
post #4

Does this have any relation to the world-famous restaurant, sometimes in the past ranked as the #1 restaurant in the world, of the same name?

Hi -- I'm the co-owner of Alinea... the restaurant and group. While they are in different industries, I owned a derivatives trading group for years, run a tech startup (Tock), and am getting a bunch of emails from folks thinking I started this or am affiliated in some way. So... while I dislike conflict, I really don't like be associated with something I have no control over. There will be an incoming email shortly.

Very interesting background, what made you move from finance to restaurants to tech?

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#43
post #4

Does this have any relation to the world-famous restaurant, sometimes in the past ranked as the #1 restaurant in the world, of the same name?

Hi -- I'm the co-owner of Alinea... the restaurant and group. While they are in different industries, I owned a derivatives trading group for years, run a tech startup (Tock), and am getting a bunch of emails from folks thinking I started this or am affiliated in some way. So... while I dislike conflict, I really don't like be associated with something I have no control over. There will be an incoming email shortly.

I was about to post something like, haha, the founders didn't do their homework but after checking if there's any brand registered, there isn't. So what do you mean by, there will be an incoming mail shortly? Will you ask them to change their name and if yes, on which basis?

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#44

I think the premise of it is awesome, but it can only be wrong. I'd like some data that proves that the retail investors of your platform end up beating S&P for a start. Companies themselves struggle to even understand their own balance sheet. There are plenty of services which offer aggregated data about balance sheets with typical market formulas. Basically there's a huge industry of sell side analysts that often c…

I am not quite clear on what your question is. We simplify hard to find research into bite-sized formats so people don't have to sift through 100 page SEC filings and complex earnings reports. Currently, there's no way of having this information be readily accessible, especially for young people.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#45

I think the premise of it is awesome, but it can only be wrong. I'd like some data that proves that the retail investors of your platform end up beating S&P for a start. Companies themselves struggle to even understand their own balance sheet. There are plenty of services which offer aggregated data about balance sheets with typical market formulas. Basically there's a huge industry of sell side analysts that often c…

when I invest in ESGV I already accepted the fact that I won't outperform S&P500. Then after I know TSLA purchases Bitcoin and TSLA is in ESGV I sold my ESGV.

This company is exactly what I need. I can research myself. If adults/professionals in this world can't be trusted to do things right, then you gotta do it yourself.

I don't care. I need to put my money where my mouth is. Wealth doesn't matter if we have no Earth to live in. I don't want to live in Mars.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#46

I think the premise of it is awesome, but it can only be wrong. I'd like some data that proves that the retail investors of your platform end up beating S&P for a start. Companies themselves struggle to even understand their own balance sheet. There are plenty of services which offer aggregated data about balance sheets with typical market formulas. Basically there's a huge industry of sell side analysts that often c…

I am not quite clear on what your question is. We simplify hard to find research into bite-sized formats so people don't have to sift through 100 page SEC filings and complex earnings reports. Currently, there's no way of having this information be readily accessible, especially for young people.

I love it, don't listen to this person. You guys are exactly what I need. Keep it up please.

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#48
post #4

Does this have any relation to the world-famous restaurant, sometimes in the past ranked as the #1 restaurant in the world, of the same name?

Hi -- I'm the co-owner of Alinea... the restaurant and group. While they are in different industries, I owned a derivatives trading group for years, run a tech startup (Tock), and am getting a bunch of emails from folks thinking I started this or am affiliated in some way. So... while I dislike conflict, I really don't like be associated with something I have no control over. There will be an incoming email shortly.

[deleted]

Re: Launch HN: Alinea (YC W21) – Invest in stocks you believe in

#49
post #39

The name is going to have to change to avoid confusion with the restaurant. Also, you've mentioned "value based investing" in a comment reply here. Is this the same thing as "value investing"? Or is it something new that you're introducing?

Yes, value investing!
Post reply on HN