Hello everyone,
No one I know really cares at all about finance and investing, so I am using you lucky folks as a group to bounce ideas off.
I am a software engineer that has been becoming more interested and frankly obsessed with finance. I've recently become interested in value investing, and the possible fun I can have with it. I am by no means interested or expecting to be a new Buffet, but I find these problems and problem spaces fascinating and it provides an intellectual challenge.
I am hoping to automate some of the more time consuming processes of valuation, including grabbing SEC filings, determining cash flow, and the basics of understanding corporate metrics into easy to understand values/graphs. I know most people use excel for this, but I figure I can automate it fairly easily and avoid repeat work.
Is there an easy breakdown or literature on the actual process of translating SEC data into workable quantitive evaluations?
I am not looking for some kind of magic bullet or some "12 things hedge funder investors hate!". Nor am I looking for 50% returns over 3 years (yeah, right). Just curious as to how value investors roughly determine overvalued/undervalued stocks purely based off the number.
Thanks for your time.
Submitted April 23, 2018 at 08:29PM by perestroika12 https://ift.tt/2HoNoge
