Editor's note: Every morning, James Altucher presents the most timely, topical posts from the Web's best business blogs.


The first day of the month system at Stockpickr details some successful trading patterns for, of course, the first day of the month.


If you ever want to pitch your idea for a new company to investors, to customers, to family members (to justify the time you're going to be away from them), read this blog post first by Guy Kawasaki on how to improve your pitch.


The ultimate dividend list: the 100 highest yielding stocks that all pay their dividends monthly.


Very interesting analysis by Ticker Sense on the percentages each year, including 2006, of how many stocks were up as opposed to down.


10Q Detective spies on IPO highflyer and roller-sneaker company Heely's ( HLYS).


24/7 Wall St. has an excellent post on stocks that could go higher if the CEOs leave.


Think Intrinsic is bullish on Peace Arch Entertainment ( PAE), a company I've never heard of before.


Barron's had an interesting article on how corporate charitable contributions are positively correlated with future improved sales performance. With that said, here are the top companies ranked by dollar amount of charitable giving.


Footnoted.org, on the warpath against egregious compensation, finds the footnote of the year in its review of the latest SEC filings.


24/7 Wall St. wonders how Sprint ( S), Lowe's ( LOW), Texas Instruments ( TXN) and several others made the Forbes 400 list of best companies.


Freakonomics drills down on the economics of stealing in supermarkets.


Furthermore, Footnoted finds a rather odd footnote to begin the new year.


I reluctantly have to agree with Quant Investor: hedge funds, for the most part, are a ripoff.


A friend of mine wants to start a hedge fund that invests in art. I believe this is a horrible idea, but Paul Kedrosky has some interesting stats on the recent returns in the art market.

At the time of publication, Altucher and/or his fund had no positions in any of the 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.

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