For those unfamiliar with FundAlarm and for folks looking for a nostalgic rush, here's a snapshot of the FA discussion board
from January 2011 and
April 2005.
Roy Weitz launched FundAlarm 18 years ago as an antidote to the mindless hype that fund companies were getting away with. He combined a tart monthly commentary with a list of funds to avoid, then added a discussion board. About six years ago he felt himself running out of steam and asked if I'd write a new feature on small and new funds; after a year, Roy granted himself a sabbatical and I took up the monthly commentary. About four years ago he admitted that he'd written himself out; he felt he was stretching for content and made my role permanent.
About three and a half years ago, Roy's parents encountered simultaneous health crises and he let the community know that he was retiring FundAlarm to care for family. At Roy's prodding a number of folks encouraged me to launch "a site in the tradition of FundAlarm." Lacking any technical skills, I paid Brad Isbell, an IT colleague at Augustana, to design the site and prevailed upon my friend Cheryl Welsch (a/k/a Chip) to maintain it. We did a "soft launch" on April 1 2011 and had a sort of grand opening on May 1 2011. Our early look was ... uhhh, rudimentary. Anna Zolotusky, web designer whose mom was (is?) a fan, volunteered to bring us into the 21st century (and did).
We run two major software packages side-by-side: WordPress underlies the entire site and Vanilla underlies the discussion board. Chip frets rather more about WordPress,
Accipiter - who taught himself programming for the purpose - frets rather more about Vanilla.
Accipiter also wrote the Navigator program, which allows you to find a wealth of targeted information about any fund. As our discussion board software grew in complexity (
Accipiter has written a bunch of custom programs for it), OJ generously wrote a really first-rate users guide.
Charles, like me, started as a member of the discussion community with a special knack. I'm not sure what my knack was. Charles's is making data sing. After reading one particularly fine post, I asked Charles if we might include it in the monthly commentary and had the pleasure, thereafter, to have him contribute pieces with a sophisticated statistical bent on a regular basis. As he thought about what the site needed, he also designed both our fund screener and the metrics behind it which led to the Great Owl designation.
Ed Studzinski, whose career included stints in the Navy JAG office and banking as well as co-managing OAKBX, had been sharing behind the scenes commentary on the industry and its players by phone. Eventually I persuaded him to address a larger audience about the dynamics of the industry and the way they affect our fates.
All on less than $700 a month.
Hope that helps,
David