Fundamentals for Dumb-Me – Part 3: The Good and The Ugly
December 26, 2012 - 11:55am
It’s not The Good, The Bad and The Ugly.
Let’s face it, when you are trading stocks, there is no in between. There is only The Good and The Ugly and nobody likes ugly. So how can you keep from being some dope sitting at a bar after four tequilas unable to tell if that chick or dude (or stock) is ugly?
In the previous post, I laid out for you some ideas that can help you determine if a company is profitable and being well managed. Previous to that, I gave you instructions to help you find a reasonable value for a company so that you can have an idea of where the stock price could go and thus determine if the stock is a good buy. But there is no point in doing all that work on a company that is being run into the ground by its management because that is just plain ugly!
Before we continue, let me say once again, that while what I am presenting here is certainly true and a good argume...Continue reading this article »