“I think it’s essential to remember that just about everything is cyclical. There’s little I’m certain of, but these things are true: Cycles always prevail eventually. Nothing goes in one direction forever. Trees don’t grow to the sky. Few things go to zero. And there’s little that’s as dangerous for investor health as insistence on […]

On our journey to democratize equity research, we occasionally come across skeptics. One common pushback centers around “access to financial data”. How, these skeptics ask, can an independent analyst ever compete with a Wall Street analyst armed with a Bloomberg terminal? Surely they must be at a competitive disadvantage? As many of our analysts can […]

“Consensus…is something in which no one believes and to which no one objects” Margaret Thatcher The financial world seems to place a huge amount of importance on consensus estimates. Following each set of results, the first reaction of every sell-side analyst and investor is to compare the results – particularly sales and EPS – to […]

“Study the past, if you would divine the future” Confucius  Historical analysis of the financials is a crucial part of understanding any company. The problem with most sell side analysts is that they don’t look back far enough – typically viewing two years of history as sufficient. By looking back 10 years or more, an […]

“the balance sheet deserves more attention than Wall Street has been willing to accord it for many years past” Benjamin Graham, Security Analysis This statement is just as true today as it was when Ben Graham wrote it in 1934. When an investment is going well, understanding the balance sheet seems unimportant. But when things […]

  Here at StockViews we’ve reviewed thousands of articles over the course of 2015.  We’ve also accumulated a ton of valuable feedback from our clients.  As a result we’ve been asking ourselves this question: Why is it that certain analyst reports get such positive feedback from the client?  And why do some analysts fall short, despite having […]

Skilfully interviewing company management is one of the most daunting and challenging tasks of an equity analyst or portfolio manager. Top class analysts who have learnt to do it well incorporate it as a key part of their process, and it puts them at a meaningful advantage over their peers. These analysts will come away […]