I'm amazed at how many great companies I find every time I run a screen. If you don't know what a screen is, or you've never used a screener, you're in for a real fun surprise when you finally get around to it.
In fact, here's your 'Round Tuit. I hope it gives you that little extra push to experience a screener.
My favorite screener can be found at FINVIZ.com, but there are plenty of others. It's a great site, and it has a great screener. It's where I find a lot of my great ideas. And once I start to accumulate all those great ideas, I begin to feel just like I did when I wrote the article "Like A Kid In A Candy Store". A great screener just seems to spew out ideas at will and you'll be surprised.
But if you've just totally run out of ideas, anyone can do what I always do when I'm stuck. I go back and read some of my earlier articles. I find that most of my ideas are still relevant to my investing style today. I also have the added benefit of having not only given an opinion but of having documented many of the fundamental and technical reasons for my opinions. That pretty powerful information and pretty much draws a line in the sand.
As time has passed, I can re-check those ideas and see how prescient I really was. Because one thing is for sure, if you stick your neck out on the internet even the least little bit, someone will eventually come along and hand you your head on a platter. And we all get our performance reviews each and every day at the closing of the markets.
Trade for today, invest for the future.
My favorite screener can be found at FINVIZ.com, but there are plenty of others. It's a great site, and it has a great screener. It's where I find a lot of my great ideas. And once I start to accumulate all those great ideas, I begin to feel just like I did when I wrote the article "Like A Kid In A Candy Store". A great screener just seems to spew out ideas at will and you'll be surprised.
But if you've just totally run out of ideas, anyone can do what I always do when I'm stuck. I go back and read some of my earlier articles. I find that most of my ideas are still relevant to my investing style today. I also have the added benefit of having not only given an opinion but of having documented many of the fundamental and technical reasons for my opinions. That pretty powerful information and pretty much draws a line in the sand.
As time has passed, I can re-check those ideas and see how prescient I really was. Because one thing is for sure, if you stick your neck out on the internet even the least little bit, someone will eventually come along and hand you your head on a platter. And we all get our performance reviews each and every day at the closing of the markets.
Trade for today, invest for the future.
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