Successful Investors Confess Their Biggest Rookie Mistakes

“Early in my career, I spent far too much time looking for a single metric to evaluate stocks,” said Asher Rogovy, chief investment officer at Magnifina.

Full quote provided:

“Early in my career, I spent far too much time looking for a single metric to evaluate stocks. If good investing were as simple as calculating a single ratio, a simple spreadsheet could manage and entire hedge fund. In reality, investing is nuanced and there is no such thing as perfect financials. It’s vital to take a holistic view of any potential investment and to examine qualitative factors, which aren’t standardized and vary greatly between industries. Now I consider things like management team, brand perceptions, product differentiation, and market structure in my analysis. This approach is called “Quality Investing” and is far more advanced than simply looking for value and growth.”

Share This Story