Alex in Virginia
Recycles dryer sheets
- Joined
- Dec 23, 2012
- Messages
- 145
Do you build detailed financial models for the companies you invest in? Do you talk to the investor relations people at the companies you are investigating? Talk to suppliers, competitors, customers, etc.? Build cashflow models for junk bond issuers? Do you update these models at least quarterly?
In my experience, there are really two kinds of investment opportunities: ones that require very little real digging (since they are way too cheap and it is obvious), and those that require very extensive, painful digging.
Please, Brewer, why must you have such an angry tone with me when I'm just trying to have a constructive conversation, and hopefully learn something?
Let's just talk, OK?
I asked you to please tell me what you do. You do all that? Talk to competitors and customers of every company you might invest some money in? Build detailed cash flow models? Okay, fine, you do.
We still don't know what financial metrics and other fundamentals you use to screen companies to determine whether they meet with your approval. We don't know what ratio thresholds or passing levels you look for to declare a company acceptable. Could you please, please let us in on your approach, given that you see mine as simplistic and clueless?
Thanks...
Alex in Virginia