It is a simple shorthand, used to convey a point. But for investors, this kind of thinking can be a real danger to your returns. We need to go beyond this kind of reporting and look at the important factors underlying our investments. What used to be called the fundamentals of stock investing. You know like earnings, management and market share, to determine whether to invest in a given stock. And perhaps that's a good resolution for the New Year, let's get back to the fundamentals.
Read moreWell, It's New Year's Eve, that time of the year when we say goodbye to another year and look forward to what's in store for the next 365 days. For many, if not most corporations, today marks the end of their fiscal year. The time that they account for all of the business over the last 12 months, and will use those numbers to report their profit or loss to their shareholders. But this is a very special year-end celebration: as in addition to ending the year of 2019, it is also the end of the first and second decades of the new 21st century.
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