PS, my comments were just that – comments. If you re-read my post you’ll see that I was talking about the “average” investor. If you don’t view yourself as the average investor, that’s perfectly o.k. with me. But apparently you thought of yourself when you read my post – “why” is a question for you to ask yourself.
That you “buy stocks only after studying the financial statements and making a list of 3 reasons for buying the stock,” while perhaps more effective than prayer, is not what I personally would consider proper due diligence for an investment. Although I’m sure that Barnes & Noble sells plenty of books that suggest your approach is more than adequate. So, to each his/her own. Personally, I typically spend several weeks doing due diligence on companies I invest in, which are typically private or semi-private businesses. Of course, that’s what I’m paid to do.
While I’d like to maintain my anonymity here, since you apparently feel the need to know, I’ll email you with a link to my firm’s website. I’m sure it will answer all of your questions and you can form your own views regarding the credibility of my opinions, if not the extent to which you agree with them.
