VOL. XCIV, NO. 247

★ FINANCIAL TOOLS & SERVICES DIRECTORY ★

PRICE: 5 CENTS

Tuesday, October 28, 2025

Tool Comparison

r/SecurityAnalysis — Letters Wiki vs Value Investors Club (VIC) comparison

Compare pricing, supported platforms, categories, and standout capabilities to decide which tool fits your workflow.

Quick takeaways

r/SecurityAnalysis — Letters Wiki adds Education, Playbooks & Case Studies, and Newsletters coverage that Value Investors Club (VIC) skips.

Value Investors Club (VIC) includes Stock Ideas categories that r/SecurityAnalysis — Letters Wiki omits.

In depth comparison

r/SecurityAnalysis — Letters Wiki logo

r/SecurityAnalysis — Letters Wiki

reddit.com

Community‑maintained directory of investor/fund letters and reports, organized by year/quarter. Publicly viewable; edits limited to approved contributors. Links out to original PDFs/posts on managers’ sites. No data feeds, APIs, or exports—pure research reading list.

Platforms

Web

Pricing

Free

Quick highlights

  • Chronological index of letters grouped by year and quarter (2016→present in the wiki).
  • Publicly readable wiki page with edit permissions restricted to approved users/moderators.
  • ‘Others’ section pointing to classic collections (e.g., Austin Value, Nomad Partnership, Peter Lynch).
  • Direct outbound links to the letters on manager sites; useful for primary-source research.

Community votes (overall)

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Value Investors Club (VIC) logo

Value Investors Club (VIC)

valueinvestorsclub.com

Hands-on review

A legendary forum for deep-dive investment write-ups, founded in 1999 by Joel Greenblatt and John Petry. Membership is free but extremely selective, with obligations to contribute original ideas to stay active. Guests can read older ideas on a delayed basis, while full members have real-time access and can join discussions. Twice a month, the best write-up earns a $5,000 prize. The site carries no ads and no paid subscriptions, emphasizing community quality over monetization.

Platforms

Web

Pricing

Free

Quick highlights

  • Highly selective membership: applicants must submit a current idea to be considered; only a few hundred active members at any time.
  • Members are required to post at least two ideas per year (up to six) and rate 20 ideas annually to maintain access.
  • Each idea has its own discussion thread, with members able to mark certain comments as private (visible to members only).
  • Guest users can browse delayed content: free signup grants access to 45-day-old ideas, while non-logged visitors see ideas after 90 days.
  • Robust search and filters for idea discovery, including long/short orientation, performance, ratings, and geography.

Community votes (overall)

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Where they differ

r/SecurityAnalysis — Letters Wiki

Distinct strengths include:

  • Chronological index of letters grouped by year and quarter (2016→present in the wiki).
  • Publicly readable wiki page with edit permissions restricted to approved users/moderators.
  • ‘Others’ section pointing to classic collections (e.g., Austin Value, Nomad Partnership, Peter Lynch).
  • Direct outbound links to the letters on manager sites; useful for primary-source research.

Value Investors Club (VIC)

Distinct strengths include:

  • Highly selective membership: applicants must submit a current idea to be considered; only a few hundred active members at any time.
  • Members are required to post at least two ideas per year (up to six) and rate 20 ideas annually to maintain access.
  • Each idea has its own discussion thread, with members able to mark certain comments as private (visible to members only).
  • Guest users can browse delayed content: free signup grants access to 45-day-old ideas, while non-logged visitors see ideas after 90 days.

Feature-by-feature breakdown

Attributer/SecurityAnalysis — Letters WikiValue Investors Club (VIC)
Categories

Which research workflows each platform targets

Shared: Forums

Unique: Education, Playbooks & Case Studies, Newsletters

Shared: Forums

Unique: Stock Ideas

Asset types

Supported asset classes and universes

Other

Stocks, Bonds

Experience levels

Who each product is built for

Beginner, Intermediate, Advanced

Intermediate, Advanced

Platforms

Where you can access the product

Web

Web

Pricing

High-level pricing models

Free

Free

Key features

Core capabilities called out by each vendor

Unique

  • Chronological index of letters grouped by year and quarter (2016→present in the wiki).
  • Publicly readable wiki page with edit permissions restricted to approved users/moderators.
  • ‘Others’ section pointing to classic collections (e.g., Austin Value, Nomad Partnership, Peter Lynch).
  • Direct outbound links to the letters on manager sites; useful for primary-source research.

Unique

  • Highly selective membership: applicants must submit a current idea to be considered; only a few hundred active members at any time.
  • Members are required to post at least two ideas per year (up to six) and rate 20 ideas annually to maintain access.
  • Each idea has its own discussion thread, with members able to mark certain comments as private (visible to members only).
  • Guest users can browse delayed content: free signup grants access to 45-day-old ideas, while non-logged visitors see ideas after 90 days.
  • Robust search and filters for idea discovery, including long/short orientation, performance, ratings, and geography.
  • Bi-monthly $5,000 “Best Idea” prize for the top member submission.
Tested

Verified by hands-on testing inside Find My Moat

Not yet

Yes

Editor pick

Featured inside curated shortlists

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Frequently Asked Questions

Which workflows do r/SecurityAnalysis — Letters Wiki and Value Investors Club (VIC) both support?

Both platforms cover Forums workflows, so you can research those use cases in either tool before digging into the feature differences below.

Do r/SecurityAnalysis — Letters Wiki and Value Investors Club (VIC) require subscriptions?

Both r/SecurityAnalysis — Letters Wiki and Value Investors Club (VIC) keep freemium access with optional paid upgrades, so you can trial each platform before committing.

How can you access r/SecurityAnalysis — Letters Wiki and Value Investors Club (VIC)?

Both r/SecurityAnalysis — Letters Wiki and Value Investors Club (VIC) prioritize web or desktop access. Investors wanting a mobile-first workflow may need to rely on responsive web views.

What unique strengths set the two platforms apart?

r/SecurityAnalysis — Letters Wiki differentiates itself with Chronological index of letters grouped by year and quarter (2016→present in the wiki)., Publicly readable wiki page with edit permissions restricted to approved users/moderators., and ‘Others’ section pointing to classic collections (e.g., Austin Value, Nomad Partnership, Peter Lynch)., whereas Value Investors Club (VIC) stands out for Highly selective membership: applicants must submit a current idea to be considered; only a few hundred active members at any time., Members are required to post at least two ideas per year (up to six) and rate 20 ideas annually to maintain access., and Each idea has its own discussion thread, with members able to mark certain comments as private (visible to members only)..

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.