So many stocks…So little time

This is a practitioner’s post for someone looking for help to develop their own investment process, using a freely available resource: screener.in Rule #1: Don’t f*** up The financial newspapers have a section on them everyday – top ‘Buy’ and ‘Sell’ recommendations from brokerages. Financial news channels have a segment called something like “Top Trading Ideas for today”. During other segments, every interviewee, whether head of research at a brokerage / mutual fund house / hedge fund gets asked this question about top stock picks to invest, in India. They all oblige, with a fresh set of stocks (companies), every day, that will

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So many stocks so little time – an approach to stock selection

A problem with investing truisms “It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price”. We’ve all come across this quote by Warren Buffett about stock selection. This was part of his letter to shareholders in 1989, and like so many of his statements, is a part of investing lore, simple yet incisive. It’s no surprise that Buffetisms and Mungerisms get referenced on so many financial sites, including this one. Except, as much as the above and other such truisms resonated with me, I used to struggle to actually apply them in the real world. Here’s why:

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