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> "Typically, I just run the numbers and it usually works out. I see your point though, any suggestions?" I'm not an expert, but I believe Buffett's advice of
by ZenoArrow 9y ago
> "Typically, I just run the numbers and it usually works out. I see your point though, any suggestions?"
I'm not an expert, but I believe Buffett's advice of 'invest in what you know' is sound:
https://www.simplysafedividends.com/warren-buffett-investment-advice/ https://www.simplysafedividends.com/warren-buffett-investmen...
https://www.marketwatch.com/story/the-genius-of-warren-buffett-in-23-quotes-2015-08-19 https://www.marketwatch.com/story/the-genius-of-warren-buffe...
In other words, it pays off doing your own research into the financial health of a company, to determine whether a company is currently undervalued or overvalued. Should be noted that this approach works best by taking a long term approach when buying stocks, as you may have to weather some short term market irrationality.