Give it to me real, whats the actual truth behind them? Surely if it was just analyzing the companies financial data anyone could do it and become rich, why dont mathematicians and their colleagues just build a portfolio of companies whos ratios are above X level and so on? There has to be something else to it, any average joe could look at a companies balance sheet and divide two numbers and say theyre in good financial standing.
What is the deterministic element that makes investors successful, luck? I WANT TO FUCKING KNOW THERE HAS TO BE MORE THAN JUST THE NUMBERS
Carson Williams
Not really. It's all numbers. Everyone just weights them differently
Robert Flores
The truth behind stocks is to figure out the business and industry entirely, by paying attention to the details.
The problem is that people think that you can crunch numbers to add value to your portfolio when millions of other people are doing the exact same thing.
Liam Wilson
Bro I'm fucking loving math because it doesn't involve cunts (working customer service) and it's interesting. I hope to make some profit from quantitative work. The field interests me.
Levi Barnes
Thats the thing though, why not make different weighing portfolios and computer model them seeing which range works best and make easy money? Theres a catch to something it cant be this easy
Carter Davis
So do you believe theres a human element that you cant model when it comes to stocks?
Fuck man I feel like this is just more about psychology and how the majority of people(idiots) react rather than the intrinsic value idea
Robert Ortiz
Don't touch technical or financial analysis. Read up on investment premiums and load up on them. Beat the market substantially over next 30 years and be happy.
Also know about diversification and MPT.
Charles Harris
People do that all the time. I dont see anything easy about it, though. That sounds like an insane amount of calculations requiring very high knowledge of mathematics
Cooper Peterson
This.
Look at tesla's valuation and tell me that has any relation to their worth.
Jace Sullivan
Yeah, also psychology is important in the short-medium term.
i.e. stocks won't be fairly valued in a bear market/post-crash, so never rule that out
