how i say i pick stocks: deep research. fundamentals. technicals. long-term thesis.
how it actually happens: random reddit comment., someone says “this looks interesting”.
i open the chart at my broker agee even shows analyst ratings and reports. i scroll past all of that. but one confident stranger on reddit with a half-decent explanation? suddenly i’m convincing myself i had this idea all along.the gap between our “process” and reality is honestly hilarious.
please tell me i’m not the only one doing this.
how i pick stocks (on paper) vs how i actually pick stocks
byu/InstructionCute5502 instocks
Posted by InstructionCute5502
11 Comments
So you must be invested in loads of stuff…
I like Rubrik right now
I know it’s kinda dumb, but i really like PE as a metric. If something has like 40PE, that’s too expensive in my opinion.
Personally I don’t even pretend that I do the first sentence. I am all about vibes and gut feeling. It will either be my fortune or downfall in the long run. Decent financials and a fitting backstory and I’m in.
Intel looks interesting👀
Yeah, same. But I’m too broke to make a different and buy like 1 share
I use my intuition, it rings bells on a stock that I add to my watchlist and watch it go up 30% without buying because now it’s too expensive.
Kinda same but I add to my watchlist and keep an eye for a few weeks before making a position. ill also check yahoo news, twitter and stockpedia to back my thesis, and I need to have a strong conviction to even buy any shares. Ive only done it with Ondas and Kraken Robotics though, ill see how that plays out the next 6-12 months, im not sure I have the capacity to monitor any more stocks in such detail.
IREN 🚀
This is how my entire portfolio ended up as “the Reddit special”
RKLB, ASTS, NBIS, etc…
There are tens of thousands of stocks around, quite impossible to become aware and study each single one of them by yourself.
I do a mix. Some redditor or somewhere else says a ticker with a thesis that interests me, then I go research it around and decide whether it’s worth buying or not.