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Skans
24 Jun 2025 11:05 am
24 Jun 2025 11:05 am
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Blackvegetable » 24 Jun 2025, 10:29 am » wrote: To what "financial math" do you refer?


 
Understanding the meaning of financial ratios, charting, understanding statistical models. 
Compounding?
No.
Bond or options pricing?
That's market pricing, not math. 
 This is Fundamental Analysis. 
You think compounding and pricing is "fundamental analysis"?  
To make this very brief -
You are suggesting pitting yourself against the market...
No. I am suggesting learning the math, understanding what it means, and use the tools at your disposal to help decide whether you want to purchase shares in a company or not. 
.these are people who do fundamental analysis, full time. 
"these"? Who are people who do fundamental analysis, full time? Who are you even referring to?
The assumption underlying your naive conceit is that you have an "intrinsic" value that differs from the consensus
That's your assumption. I see you like to throw a lot of ill-defined words around like "intrinsic", "value" and "consensus", jumbling them up into a meaningless sentence. 
It also ignores that price is a direct function of two variables, Earnings and the Matket Multiple.
Idiot.  You mean like the price of Gamestop in 2021?  Or Tesla's current price?  Please tell me how either is a direct function of two variables: Earnings and (something you call) "the Market Multiple".  Even you can't be that stupid - you must just be testing me here using a term like "the Market Multiple".  
The value of nailing earnings to the penny ...
Not something I do or even try to do. I read the reports after they are released and have no independent ability to know what earnings of any given company will be to the penny.  And, if I did, that would be called insider trading. 
Your odds are far better if you just invest passively..
Dumb statement - typically used by people who do not understand the US Tax code and regs. You could be a day-trader in and out of 5 companies 3x a day and that is STILL passive investing. Active investing is when you own all or part of a business and participate in that business somehow. But, I understand what you are saying and I also understand that so-called investment "professionals" misuse these terms because their Series 7, 63 and/or 65 license doesn't teach them **** about tax accounting or GAAP. 
Bloomberg is a good resource. I like Barron's and IBD as well. Of course, professionals have their own research sources.  Barron's will do deep dives into the companies themselves. I also like to watch podcasts about deep-dives into what companies are doing. Oh, and don't forget "Barron" is the name of Trump's son, and someday future president of the United States. 
 
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