Master Data as a Lay Investor
Finance is awash with data: where to begin?
Graham Neary CFA is both a technical and fundamental analyst, and he teaches clients and students how to read financial statements. The predicament individual investors face is the tradeoff between precious time for research and forgone gains. How much time actually brings higher returns? Often, unfortunately, people just waste time and find themselves losing money on excessive trading.
The good news, though, is that there are more tools available now than ever before. One can piggyback on the research of others, as manifested in price signals of efficient markets, or learn by way of crowdsourced feedback and support. Online platforms such as Reddit, for example, readily take questions from both experienced and novice investors.