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First 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 li
by DeBraid 9y ago
First 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...