Essential Fundamental Analysis
Basic Methods for Measuring Value Are Important But Often Overlooked “I never attempt to make money on the stock market,” Warren Buffett once said. “I buy on the assumption that they could close the market the next day and not reopen it for five years.” Buffett, the richest man in the world, might be considered the poster child for fundamental analysis. He’s on one side of an old debate about the usefulness of relying mostly on company-specific financial data to determine stock values. The other side of the debate insists that fundamentals are already reflected in a stock’s price and…