(Swiss)
Trained as a banker & professional experience in the industry: brings me a lot. But also had disadvantages at the beginning (overconfidence and overestimating my own competence early on).
During 6y. Worked everywhere (construction, gastronomy, event management, electrical engineering, sales, real estate management,...), most recently as a working student in product management at a large German UG in the Smart Infra sector.
The insight into many industries is worth its weight in gold for me personally.
Trained as a banker & professional experience in the industry: brings me a lot. But also had disadvantages at the beginning (overconfidence and overestimating my own competence early on).
During 6y. Worked everywhere (construction, gastronomy, event management, electrical engineering, sales, real estate management,...), most recently as a working student in product management at a large German UG in the Smart Infra sector.
The insight into many industries is worth its weight in gold for me personally.
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@GeldGenie What do you look for as a banker when you analyze companies? That should be easier for you than for us, right?
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@Aminmeskini Ex-banker 😜 Time flies haha 😊
For the analysis question: business model, market position, macroeconomic conditions, business development, trends. Then maybe look up Graham Fair Value (someone has probably already calculated it, so I don't have to 🤣).
Not necessarily easier, but possibly more comprehensive if I take the time. It's like
shopping. If you can calculate 100 key figures, the choice is too big. Btw: PE firms and SPACs also only focus on 3-5 relevant figures and that's it.
For the analysis question: business model, market position, macroeconomic conditions, business development, trends. Then maybe look up Graham Fair Value (someone has probably already calculated it, so I don't have to 🤣).
Not necessarily easier, but possibly more comprehensive if I take the time. It's like
shopping. If you can calculate 100 key figures, the choice is too big. Btw: PE firms and SPACs also only focus on 3-5 relevant figures and that's it.
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•@GeldGenie Your answer is worth its weight in gold my friend 😘
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@Aminmeskini One final thought:
With a 10k portfolio, you can also put 100h per month into analysis and beat the market by 20% - you won't get much richer from it. But if you work those 100 hours and turn your income around, you save more and get your portfolio up to speed.
Analysis is either a hobby or it has to pay off against my hourly wage.
With a 10k portfolio, you can also put 100h per month into analysis and beat the market by 20% - you won't get much richer from it. But if you work those 100 hours and turn your income around, you save more and get your portfolio up to speed.
Analysis is either a hobby or it has to pay off against my hourly wage.
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•@GeldGenie You are absolutely right!!!
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