- Book Name: How to Pick Good Stocks
- Size: 442 KB
- Author: kunal shah
- Category: Stock Market
- Total pages: 23
- Language: English
- Quality: Excellent
- Format: PDF, Online read
- Publisher: Investing funda
Pdf information
Out of 100s of stock selection criteria, here are 17 that will help you identify both, the right stock as well as the right price to buy at.
How to Pick Good Stocks pdf book also includes the sources of data from where you will be able to easily find the required information.
Who is this book for?
This is a book for individual investors who want to pick the right stocks and beat the market. It is not for those investors who are looking for get-rich-quick schemes.
Identifying good companies and investing in them at the right time and at a right price takes efforts and discipline.
How to Pick Good Stocks pdf
Why is stock picking so important?
The answer is very simple. We have finite amount of money to invest, and we want the best possible return at the least possible risk.
There are hundreds of stock-picking criteria that people use – ranging from very simple to very complex.
In this book, you will learn about the most important criteria that an investor must pay attention to. The stock selection process should be simple and easy to manage.
The data used to identify stocks should be easily available. The idea is to keep the process simple, but be able to consistently identify good quality stocks.
This book is written with keeping the Indian investors in mind. The examples and the
websites used for data sources are all from the Indian stock exchanges.
However, the concept remains the same the same in any stock exchange.
Picking winning stocks is an art as well as a science. At the end of the day, it is all about the demand and supply. If you buy stocks in a great company, but there is no demand, the stock will not go up.
On the other hand, if the company is not doing really great, but for some reason, there is a lot of demand, the stock will go up.
The stock picking strategy also depends on how long you intend to keep the stock for. In this book, you will learn about both, short term investing as well as long term investing.
Short term is typically less than one year. Long term is typically more than 3 years.