You can choose to invest in the stock market the same way one would play the lottery, in that you buy a stock in a company because you like their name, where they're located, or think their ticker letters are lucky. Or, you can choose to invest in the stock market as you would if you could build the ultimate fantasy football in you were in a league by yourself. If you were in a fantasy football league by yourself, you would have the best QB, the best RBs, the best WRs, the best TE, the best K, and the best D. It's easy to identify who the best players are in fantasy football because over the course of the season, the best players rise to the top. How are they identified? They generally are leaders in yards (i.e. passing, rushing) and touchdowns and usually have very low turnover statistics.
The same is true with stocks. Stocks, like fantasy football players, can be valued based on a company's performance. It's just a matter of knowing which metrics to identify and which companies have the best metrics.
Yes, this is generalizing the stock market by a lot! Yes, there is a lot more that is involved! But with every strategy, there needs to be a foundation. And the foundation for this strategy, is to take the same strategy I employ for fantasy football, and implement it into buying stocks.
Let's get started....
The same is true with stocks. Stocks, like fantasy football players, can be valued based on a company's performance. It's just a matter of knowing which metrics to identify and which companies have the best metrics.
Yes, this is generalizing the stock market by a lot! Yes, there is a lot more that is involved! But with every strategy, there needs to be a foundation. And the foundation for this strategy, is to take the same strategy I employ for fantasy football, and implement it into buying stocks.
Let's get started....
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