I get this question once in a while and I thought I will cover it a bit.
How do you
uncover good businesses? This question are usually asked after an investor new to active management reads up on financial ratios and financial statements.
They want to identify the truly good business in a country, say Singapore or a
new place, Hong Kong.
Would they talk to someone, or find some very good paid screen.
I know of an investor. He is
more successful than me. Turns out he is
9 years younger than me at 25.
Knows almost all the companies on the STI to a very good degree fundamentally.
How the heck did he do it? Here is how.
Every day, if he is in idle mode he will go to this link >
http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements/!ut/p/a1/04_Sj9CPykssy0xPLMnMz0vMAfGjzOKNHB1NPAycDSwNLNwtDDxdw8J8Xdw8DC2cDYAKIoEKDHAARwNC-sP1o1CV-Icamht4hjoFmjiFhRp6O5pgKAgzACnwdwoODgszDHQ1hirA44aC3AiDTE9HRQCIGmn3/dl5/d5/L2dBISEvZ0FBIS9nQSEh/
That’s the SGX Announcement page
So what he will do ......