Stock Market Data

serko

[QUOTEWhen you have millions of pounds to invest and manage. Then finding suitable investments becomes increasingly harder. For the private investor seeking value means fishing where others don't. Large funds by their very nature become the market.[/QUOTE]

Exactly which is why well researched private investors can beat the market.

aldershot

Exactly which is why well researched private investors can beat the market.

...but probably won't. You don't have to pay high fees to "be the market". You have to pay something, but low cost trackers are now just a few basis points. Stock picking for the amateur, is a mugs game. Maybe I've just been a mug but I've stopped doing it (and my overall portfolio is >£1m)

ThinkingOutLoud_2

Warren Buffet doesn't think you are necessarily wrong aldershot.

Matt1927

Just got back from holiday and have caught up with all the messages. Many thanks for all your replies.

aldershot

For those of you (and there is another recent thread on similar lines) who feel like doing a bit of stock picking, will you let us know what you buy and why and at what price so we can revisit this thread over time and see how you do against the market? Genuinely interested as an experiment.

parking_question_chap

aldershot wrote: »

Why?

There are thousands of investment analysts working for investment banks doing just that but with access to the best data and economic research available. What makes you think you can do it better than they can by downloading some data to a spreadsheet? Why do you think Goldman pay them £500k a year if it was that easy?

Because they did oh so well in 2007 didnt they!

OP, I would say the best thing is to go into each companies annual reports which they have on their website. Indeed you can compare their p/e year on year and contrast that to their share price.

You are not going to find a free website offering the service you want. Either pay or do the calcs yourself.

Good luck.

aldershot

OP, I would say the best thing is to go into each companies annual reports which they have on their website. Indeed you can compare their p/e year on year and contrast that to their share price.

and then what?

so you have picked a random company, compared it's p/e to it's current share price and?

ThinkingOutLoud_2

But alershot - no one has ever thought to look at the P/E ratio. Can't you see the genius in there?

And as parking?chap says - none of the smart traders spotted the global crash in 2007.

But he and all the solo investors did and the p/e method of looking in the rear view mirror would have meant they could have sold stock in 2008 to protect their wealth.

I wish I had known this strategy was possible before.

;-)