Many who start this way go on to more sophisticated stock-picking strategies involving fundamental analysis, reading annual reports, computing debt ratios, and free cash flow analysis. Then there are the rest of us.
Stock picking is something that one has to love to do it well.
It certainly makes a great case for picking stocks based on fundamental value and knowledge of the business. A photographic memory, an instinctive feel for numbers, and an obsessive personality also help. Which brings me back to the rest of us. Today, I would like to introduce you to the un-Dow. A couple of years ago, then Foolish message board participant now Official Fool Ethan Haskel got to wondering how the principles of the Foolish Four would work applied to stocks other than the Dow.