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I’ve read Peter Lynch’s investment book to start out and found it as a great intro. I’ve followed it for two of my very modest investments and they have all wo
by wara23arish 5y ago
I’ve read Peter Lynch’s investment book to start out and found it as a great intro.
I’ve followed it for two of my very modest investments and they have all worked out way better than I would have thought. I know there is a big chance that this is all just being lucky and that this is just a side effect of a bull market.
But he means you have an advantage as an insider.
For example, if you saw that you and all your tech friends companies’ were switching to this payroll system that seems light years ahead of the current one. That can be an indication its worth looking into.
Maybe as a radiologist, you know that a certain x-ray machine will be leaps and bounds better than what the current standard is.
It is not simply based on insider information though. There’s a bunch of chapters dedicated to what numbers to look through, identifying if a stock is cyclical.