It is very easy to overcomplicate investing. Picking stocks is more an art than a science. To consistently pick winners, you need to have a wealth of experience in both the stock market and business management. You also need to have enough time to be able to conduct a detailed analysis of your target.
There are many different strategies out there that will help you accomplish your goals with minimal input. Various checklists from the world’s most renowned investors, along with evaluation strategies, can be found all over the internet. Some of these are more complicated than others. In the quest to find the perfect plan, it is easy to overcomplicate valuation methodologies. Unfortunately, the more sophisticated the strategy is, the less likely you will follow it continuously, which makes the point of using a set strategy redundant. Continue Reading »