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Strategies & Market Trends : Value Investing

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To: Harshu Vyas who wrote (74811)1/8/2024 10:46:44 AM
From: Paul Senior5 Recommendations   of 79000
 
Harshu Veyas. I am really impressed with your knowledge and facility in working with these financial numbers. I don't believe I could come close to your understanding even in my best days (50+ years ago (yikes!)) as a business student or even now with all the information/understanding I should be able to say I acquired being in the market and dealing with financial reports and such over so many decades.

It could be said that it's on me and this is my loss. If I have to use a screw driver and screws because I don't know about hammers and nails I should be limited.

So for me, I come to work around these measures. And I've mentioned the metrics I like to use, and you and I have talked about some of the quick measures I like to use. I don't know whether they're really really effective or just suboptimal. I am still here after all these years: I'm not wiped out and gone. Otoh, I am still here: no villas or yachts or multiple successive wives.

For me the emphasis has been on trying to find low-hanging fruit. Not by using these "fancy tools" that you mention that you've said might not be so helpful.

"In reality, the analyst with the most basic financial jargon knowledge and best understanding of business will always trump the person that spews out a financial dictionary at any given time."

And imo, the person who trumps that person (the analyst), is the person who can sit on the stock after he/she buys it.

For me it's not about having financial acumen. I believe finding attractive stocks is, if not easy, at least not that difficult. I believe the signficant factor is committing to buying them and having the patience to hold them and not be scared out or distracted away.
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