The source of an investment idea is often random in nature, so it’s probably the most complicated part to explain. A lot of ideas come from something you read, a product you use or a store you visit. Analysts spend a lot of time looking through newspapers and keeping up on current events to see… Read More »
1. Develop proprietary opinions based on primary research. Regularly check with competitors, customers, and suppliers of each of your companies. Develop unique approaches to financial analysis. Perform proprietary surveys. Avoid at all costs simply repeating guidance or management opinions unless you disagree with them. 2. Be proactive. Strive to be the first to market with… Read More »
Imagine you want to value a gold mining company “GOLDY Explorers”, which has 25 million ounces in resource estimates and 5 million ounces in reserves. How would you value GOLDY Explorers? The answer lies in the question itself, since what you actually want to value are the 30 million ounces in resource/reserves. However, you cannot… Read More »