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Fundamentals was once a great way to go!

Not sure anymore!


Too many things have changed ....


Computers

the internet

The dot.com bubble

Global financial crisis



The market is more like a casino than ever it was.


So what is my take on tech vs fundies.


A fundy needs to know that traders exist.

Whenever you ask yourself "What just happened then?",

and you don't get an answer, chances are, traders are at work.


A fundy needs to work hard.

Checking calculations.

Understanding balance sheets.

Have faith in companies ... directors ... accountants et al.


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