Rank: Advanced Member
Posts: 271
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The latest post on my SSG Blog, Investigating Industry Info, discusses four issues using FactSet Research as an example:
(1) How to find competitors of the company you are SSGing;
(2) Where to find that company’s industry in order to compare its fundamentals, such as PTPM and ROE, to industry averages;
(3) But, be warned: different industry classifications at different websites mean different industry data and that means conflicting and confusing comparisons; and
(4) How I deal with this mess.
Also, you can now get a RSS feed from my blog.
If you’re interested, check out:
http://arminfields.wordpress.com/2009/05/08/investigating-industry-info/
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Rank: Advanced Member
Posts: 25
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Thanks Armin! I enjoy your posts and your blogs, very informative and easy to read and apply to my own stock research! Thanks for the time and effort you put into those.....
Laura
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Rank: Advanced Member
Posts: 271
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Laura:
Thanks for the kind words.
Keep checking my SSG Blog as I add new posts without always posting a notice here.
(Do you have any thoughts on why there is so little discussion here)
Armin
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Rank: Advanced Member
Posts: 262
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Armin; I would like to see a forum of current investing news. Something like the total overall economy and how it might affect certain companies/sectors. That might lead to more discussions on the stocks mentioned in that forum. Any one else with ideas on how to get this forum busier?
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Rank: Advanced Member
Posts: 25
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I can barely get my investment club members to reply back to me! Some say it is the market and the economy, that people are sitting on the sidelines until they see a definite direction in the market. People are still scared of this recession and when it will be over. People are losing their jobs and their homes faster than we've ever seen. The tried and true ways of investing (i.e. Warren Buffett) have been hammered and people are questioning now if there is a "right way" to invest. I know several folks who are taking their cash and just keeping it in CD's or MMAs. I just don't think people want to discuss stocks right now - it's only my guess......
Who knows!! It's still a fine time to learn about what's working, what isn't.....evaluating stocks is a never-ending process, during good times and bad.
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Rank: Advanced Member
Posts: 262
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That is too bad. If sweaters were on sale everyone would grab those up in a heartbeat but when stocks go on sale fear sets in. I've been adding to my positions of AFL, TROW, BAC, T, SOLF during the past year and believe theey will pan out over the next three years or so. In my ROTH I am just letting the dividend reinvestment work the DCA sid eof thing for my holdings. I've seen the it's different now comments surface again and that is a red flag to me. "If you deviate from a plan you don't have a plan". (Stolen quote from unknown).
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Rank: Advanced Member
Posts: 271
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Hey Danny
I glance at the new Value Lines every week and could write up a short 1-2 paragraph summary….if others would do something similar for other investing resources (such as Barron’s, Smart Money, Fortune, Seeking Alpha, Motley Fool). Hopefully, that would stimulate some further discussions.
However, I am more interested in discussing SSGs: any ideas on how to stimulate more of those discussions (and I don’t mean a curt: attached is my SSG on XYZ, whad’ya think)?
As you can see, I’m much more interested in the micro, not the macro.
Armin
investing news. Something like the total overall economy and how it might affect certain companies/sectors. >>
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Rank: Advanced Member
Posts: 262
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Yes it would be nice if people would explain the why's and how's of their projections/estimates when posting SSG's. I think that would definitely trigger a discussion, be it comment or questions.
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Rank: Advanced Member
Posts: 20
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Yes it would be nice if people would explain the why's and how's of their projections/estimates when posting SSG's. I think that would definitely trigger a discussion, be it comment or questions.
Danny,
I agree that it would be far more interesting if folks would comment on their SSGs rather than merely posting them. Another stopper for me is that most post .SSG datafiles. I would rather see the SSG in a PDF for a quick look. I may or may not be interested enough to fire up Toolkit.
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Kathleen |
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Rank: Advanced Member
Posts: 271
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Kathleen:
Firing up Toolkit and firing up Adobe Reader seem about the same to me as each takes only a few seconds.
Some drawbacks of a PDF file: you cannot see the annual data nor the PP.
For example, the recent Patterson Companies (PDCO) SSG at BI’s First Cut added two years of estimated data in order to extend the projection of growth, but the estimated annual data cannot be seen; its Preferred Procedure also cannot be seen (no use of Alt-R); and the estimated data that was used to derive 2009 and 2010 PTPM & ROE remain a mystery…all because the SSG was in PDF.
The PDCO SSG was by Mark Robertson, the founder of Manifest Investing and a partner of StockCentral. Mark also did this for his earlier PDF SSG on Stryker. See:
http://arminfields.wordpress.com/2009/01/31/studying-stryker-syk-and-mulling-over-methods/
I’ve invited Mark several times to comment on my assessment of his methods. Maybe he will finally respond and maybe then we will get some meaty discussion.
Armin
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Rank: Advanced Member
Posts: 38
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IMHO, I would like to suggest that the announced merger between IClub/Stock Central and BI might be a reason why there is not as much discussion as there used to be.
Personal Assumption: There are a lot of people who put a lot of time into IClub/Stock Central; and, I don't know if everyone was advised that a merger was in the "works".
I could be wrong; but, it is just a hunch.
We have a sophisticated group of people here; and, one of the fears might be the "watering down" of information/discussion/innovation to appeal to a broader subscriber base.
Just a hunch.
Nick
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Rank: Administration
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No worries. The TK6 User Group was canceled because I was traveling that day and my flights were delayed, and so I wasn't able to arrive in time for the webinar.
We're just moving physical hardware this weekend to a new location, so there will be a bit of downtime while the change is taking place.
From my experience, the discussions tend to diminish in August in particular -- this is when many people are taking vacation. I don't think there's anything in particular that's happening now, and I'm looking forward to September when we'll be through with the bulk of the operational post-merger integration tasks and get back to talking about stocks!
Doug
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Rank: Advanced Member
Posts: 262
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Many of these lists are on life support more often than not. Unless an issue arises. it is very hard to get conversations going on anything here, too bad because i like this format better than the other discussions lists.
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