Great work you’ve done here. I worked on a similar project for about a year but ended up dropping it because it wasn’t fun for me. Mine failed — I hope yours succeeds. Best of luck!
Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
51–60 of 93 posts
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#52I read lots of quarterly report summaries. I like what you're doing here, but you need to be aware that AI summaries are already built into many existing platforms. So don't expect to be able to monetize this as it stands.
And way before the current wave of LLMs, I did some consulting for a company that provided these kind of summaries over a decade ago, and I’m sure they weren’t that early themselves
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#53I read lots of quarterly report summaries. I like what you're doing here, but you need to be aware that AI summaries are already built into many existing platforms. So don't expect to be able to monetize this as it stands.
And way before the current wave of LLMs, I did some consulting for a company that provided these kind of summaries over a decade ago, and I’m sure they weren’t that early themselves
When I was graduating college before the Great Recession, several of my recruiter pings were for companies wanting to parse financial documents.
If they were reaching out to not particularly special undergraduates twenty years ago, I'm guessing it goes back at least thirty.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#54Any pointers on creating similar tools? I had an idea for an AI-backed analyses tool (not for stocks) but not quite sure how to go about it. Even if it's just a pointer to some page that does an ELI5 I'd really appreciate it.
Depending on how much time you have, the first thing I would recommend is to watch Karpathy's 'deep dive into LLMs' video ( https://www.youtube.com/watch?v=7xTGNNLPyMI ). It is 3.5 hours but it will give you so much instinctive understanding of how these things work and will likely save you a lot of time. Purely from a technical standpoint, things aren't that difficult really. I'd recommend get yourself an API accoun…
> I'd recommend get yourself an API account with all major providers (because each frontier LLM evidently has their own strengths and weaknesses) and start experimenting with your data.
Wouldn't it be better to use something like openrouter.ai which gives access to lots of different endpoints? In my experiments that is what I am using, wondering if there are good reasons to go to direct API usage.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#55Well done site. One important nit pick: never use charts that don’t start from 0 on the y axis. I was looking at a stock that had a yoy growth rate reduction of 6% (from 39 to 33 for each respective yoy period), and the chart showed an aggressive down to the right trend line because the y axis started at 33% instead of 0%. Charts like that show more detail sure, but everyone freaks out in reaction to them. Always zer…
I disagree with this. Zero is an arbitrary and often useless intersection. A stock worth $300 is going to show meaningless movements at that scale.
Zero is not arbitrary when it comes to the stock price.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#56Is anyone trying to automate the detection of the rampant insider trading that is, no doubt, going on at present?
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#57Your search seems broken (maybe because of the HN hug)
Also, rename "News" to "Latest Filings" or something more direct. Generally websites use "news" to refer to news about themselves, which nobody cares about.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#58Is anyone trying to automate the detection of the rampant insider trading that is, no doubt, going on at present?
It's pretty trivial to find insider trading looking activity as a human, so I doubt it would be particularly difficult to write up an algorithm to do it. Of course you wouldn't come close to catching everything but you'd catch blatant stuff.
The problem is as a private citizen/company (1) you have no idea who placed the trades and (2) even if you did, you can't enforce the law.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#59Is anyone trying to automate the detection of the rampant insider trading that is, no doubt, going on at present?
It's pretty trivial to find insider trading looking activity as a human, so I doubt it would be particularly difficult to write up an algorithm to do it. Of course you wouldn't come close to catching everything but you'd catch blatant stuff. The problem is as a private citizen/company (1) you have no idea who placed the trades and (2) even if you did, you can't enforce the law.
And, as seems to be the case with U.S., even the justice department themselves have little interest in enforcing the law, making insider trading the sort of thing that on paper is illegal, but since everybody does it, it's okay.
Re: Show HN: I made a free tool that analyzes SEC filings and posts detailed reports
#60The way to make money from this is to auto generate content and use SEO. There is an incredible amount of money in this niche and many players making money doing similar things.
Curious what you've had in mind here regarding auto generated content and using SEO? How is this supposed to make money?