I feel like I'm missing out on some part of the process.
Usually I will first screen for companies with a low P/E, companies that have just dipped, companies that some source deems undervalued etc etc.
Eventually when I find a company that seems to be undervalued I'll figure out what the company actually does, read all relevant recent news articles, have a look at their past performance, their balance sheet, the management team, and their true competitive advantage.
Then if I like it I'll do my intrinsic value calculation and buy some shares.
Is there any part of this process I'm not doing right or is there anything I'm missing? I'd love to hear your thoughts.
Submitted May 23, 2021 at 04:59AM by jack_condon https://ift.tt/3hN0RDD