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The Daily Blog Watch

Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs. As always, let us know what you think.

13D Tracker seems like a great new blog to keep track of 13D filings (required when an investor acquires more than 5% of a company). In the latest post, activist investor Phillip Goldstein gets aggressive with North Pittsburgh Systems (NPSI).


Inspirational Post of the Day: Fat Pitch Financials reviews the book Wealth: Grow it, Spend it, and Share It.


Tim Boyd at the Internet Stock Blog believes that Yahoo! (YHOO - Get Report) is a 2007/2008 story and after digesting the call two days ago, I agree. The upgrade to the new advertising engine was delayed, but that's it. It will get released.


Jeff Matthews turns his analytical eye toward the words "extemely pleased" in the Yahoo! earnings conference call.


Controlled Greed takes a look at Mueller Water Products (MWA - Get Report), a stock I also mentioned in last week's survey of water stocks on RealMoney.


Great idea of the day: GigaOm throws out an idea for Google (GOOG - Get Report).


Dead 2.0 gives sound advice for what not to do when building an Internet business.


Communicate.com reports on the latest in domain name sales. Incidentally, I just bought a few domain names myself. Apparently you don't have to live in Samoa to register a domain name there so for the heck of it I registered follo.ws, inflo.ws, thro.ws, and shopwindo.ws. Now I just have to figure out what to do with them.


Prosper.com is an interesting business model that could only exist via the Internet. Basically, the site matches borrowers with micro-lenders. You can take $50 and bid to lend it to a borrower at whatever interest rate you think is appropriate. Early Riser tries it out and reviews the model.


Will you be a multimillionaire?


Happy Capitalist demonstrates that things might not be so bad after all. $14.5 trillion is not chicken scratch.


The penny stock world is a swamp. Ant & Sons looks at a stock that went up 15,000% in the past two months.


No Man's Blog analyzes the top YouTube videos.


And speaking of which, this one has been viewed 700,000 times.
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of Trade Like a Hedge Fund and Trade Like Warren Buffett . Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

Interested in more writings from James Altucher? Check out his newsletter, TheStreet.com Internet Review. For more information, click here.

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