Want to learn basics of Fundamental Analysis

[wbosher]

I am going to be out of the stock market for probably at least six months, and am thinking about learning about the basics of FA during this time. I've heard the term "intrinsic value" floating about, and would like to learn how one calculates this value.

I've done a Google search on calculating this "intrinsic value" and it threw up several thousand web pages, most of which at first glance seem to contradict each other. I was wondering if anyone on this forum could give me some tips, or point me in the direction of a web site which will have some good basic information.

I only really want to know the basics at this stage since I use TA primarily, so don't want to be reading through a 400 page book or anything like that. If anyone can help me out, that would be very much appreciated.

[ENP]

Read the book "The New Buffettology"

Best book on stocks I've ever read.

A good website here: http://www.investopedia.com/articles/01/071801.asp

[wbosher]

Read the book "The New Buffettology"

I read somewhere that trying to use Buffets method of investing isn't necessarily going to work for everyone, simply because of the amount of money he can invest.

He has a huge advantage over someone with only a few thousand $$$, and because he can buy massive amounts of shares in a company, he gets a say in how it runs. Also, he gets better access to company information and a direct relationship with management. All this is something the average Joe Blow like us can only dream of.

[ENP]

I read somewhere that trying to use Buffets method of investing isn't necessarily going to work for everyone, simply because of the amount of money he can invest.

He has a huge advantage over someone with only a few thousand $$$, and because he can buy massive amounts of shares in a company, he gets a say in how it runs. Also, he gets better access to company information and a direct relationship with management. All this is something the average Joe Blow like us can only dream of.

I'd rather base my investments on the best investor of all time rather than Joe Blow down the street though.

[wbosher]

I'd rather base my investments on the best investor of all time rather than Joe Blow down the street though.

Where can I find historical data like EPS etc...?

Some companies only offer financial reports going back a couple of years on their web sites.

[ENP]

Where can I find historical data like EPS etc...?

Some companies only offer financial reports going back a couple of years on their web sites.

Ever thought about giving the company you are looking to invest in a phone call?

[shasta]

Where can I find historical data like EPS etc...?

Some companies only offer financial reports going back a couple of years on their web sites.

If you want to use EPS as a guide, the only figure that matters is the future projected one!

[shasta]

I'd rather base my investments on the best investor of all time rather than Joe Blow down the street though.

You can track him (WB) personally if you like, buy Berkshire Hathaway "B" Shares, for around $US70 a share

The "A" shares are available at ~$US105,000 per share!

[Snoopy]

I read somewhere that trying to use Buffets method of investing isn't necessarily going to work for everyone, simply because of the amount of money he can invest.

He has a huge advantage over someone with only a few thousand $$$, and because he can buy massive amounts of shares in a company, he gets a say in how it runs. Also, he gets better access to company information and a direct relationship with management. All this is something the average Joe Blow like us can only dream of.

Sound like you have been reading Macdunk. Macdunk has never read any Buffett books so has no idea what is in them. While Warren has more money than us, the use of his methods does not require a big budget as Macdunk seems to think. Indeed in many ways the less cash you have to more investment opportunities you can take up that make a difference to your portfolio.

SNOOPY

[darksentinel]

I'd recommend taking a look at The Intelligent Investor, by Bejamin Graham.
http://en.wikipedia.org/wiki/The_Intelligent_Investor

Oddly enough, I did my initial reading in the FA field, and am now starting to read about TA.