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That was a scratch your own itch project; just so you understand we (folks behind stockrow) are hobby investors who do not plan to pay for services like bloombe
by iShrimp 9y ago
That was a scratch your own itch project; just so you understand we (folks behind stockrow) are hobby investors who do not plan to pay for services like bloomberg and ycharts yet require tools and access to data in simplest possible form.
For us problem is that all screeners (and tools) that are available are either slow, dumb, lack flexibility, are really hard to use or expensive (or all of the above combined). So what we did with two friends of mine — we've created our dream product: simple and fast with all data freely available. It is still in it's infancy but we keep adding things that we need and improve it so it suits us.
Sorry to say but we do not plan custom metrics at this point as this is beyond our capabilities as investors at this points (frankly speaking we do not need them, but if voices are loud enough we might consider that options) but we do plan to introduce backtesting at some point.
I know about StockRover but for me UI is really complex; I need a screener where I can get results almost instantly without much thinking or clicking around.
- karl11 9y agoThanks for the reply. Agree w/ you on all counts for StockRover; I like your UI much better.
- iShrimp 9y agoThanks :-)
- mox1 9y agoAs a small time hobby investor, I basically gave up finding a stock screener that was affordable. This looks great, I'd definitely pay a few dollars a month for something like this.
- qorrect 9y agoI've been looking for exactly this tool, looks and behaves really great Im looking forward to using it!
- DeBraid 9y agoFirst off, neat tool! I see Finviz.com does much of the same for free. > we (folks behind stockrow) are hobby investors who do not plan to pay for services like bloomberg and ycharts yet require tools and access to data Respectfully, you do not require tools and data. You need to play a winners game and not pick stocks. Key to winning investing is to lower fees and taxes. Why? > Contrary to their oft articulated goal of outperforming the market averages, investment managers are not beating the market: The market is beating them. via "The Loser's Game" by Charles D. Ellis, written in 1995. www.cfapubs.org/doi/pdf/10.2469/faj.v51.n1.1865 A related podcast with the legend Charlie Ellis (via Masters in Business radio podcast). Mr. Ellis is a former chairman of the Yale University Investments Office and CFA Institute and one-time director of Vanguard Group. He also is the author of "Winning the Loser’s Game: Timeless Strategies for Successful Investing." https://www.bloomberg.com/view/articles/2017-04-17/charles-ellis-on-the-passive-investing-fallacy https://www.bloomberg.com/view/articles/2017-04-17/charles-e...