1Mo
Have you done a backtest with your criteria? Are they any good at all? And are they all equally weighted or are some even superfluous?
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@Epi I have tried to do it, I just don't have the data. I used finviz and you can't get the exact data for older periods there. All criteria are equally weighted.
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1Mo
@Aminmeskini Without a backtest, how do you know whether your criteria are actually any good? Maybe only 2-3 are really decisive for excess returns and the rest is noise?
I mean, you're doing a lot of work, but ultimately sailing blindly through the market. 🤷
I mean, you're doing a lot of work, but ultimately sailing blindly through the market. 🤷
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•@Epi where can you do a backtest?
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1Mo
@Aminmeskini With all the key figures? I have no idea.
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•@Epi That is precisely the problem. It is almost impossible to obtain all these key figures for an older point in time.
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•1Mo
@Aminmeskini And this is precisely what I personally would see as the fundamental problem with the whole approach: without data, it remains a blind flight.
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•@Epi is just my method. I am neither Warrant Buffett nor Charlie Manger. I also have no team, no AI, nothing. I am a beginner who has to find my way in this jungle.
I've shared my work here to get suggestions for improvement, of course. Time will tell whether this really works. How do you search for shares. You only have 3 positions. We would love to learn from you 💗
I've shared my work here to get suggestions for improvement, of course. Time will tell whether this really works. How do you search for shares. You only have 3 positions. We would love to learn from you 💗
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•1Mo
@Aminmeskini I'm not saying anything against your method. How could I? There are no criteria. And of course, you won't know if it works until the future. But you don't even know for the past.
I've already written a lot about my strategy, just take a look at my profile.
I've already written a lot about my strategy, just take a look at my profile.
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