Success Tip #2: Go Beyond Number Crunching.
Most analysts look at stock investing as a world unto itself. They see stocks as "picks" or "touts."
Well, stocks are not just picks or touts - they're living, breathing businesses.
And that's the problem with conventional analysis. Most analysts, fund managers, and investment gurus are ill-equipped to analyze businesses . because they have NO real-world experience!
The typical investment advisor has never run a business . never managed a business for someone else . never had to develop a profitable product . never had to sell that product . never had to meet a production schedule . and never had to make a payroll.
So how in the world can you expect him to recognize well-run business for you to invest in?
The bottom line is statistics and numbers are important but the numbers in and of themselves are not enough to predict whether a stock will rise.
Go to Key # 3
How Richard Schmidt Finds His Stellar Stocks
