The informed investor is just a pretext to boost my skillset. I have been impressed with the functionality of pandas, python …
I have attended a free course on EDX, but nothing beats practice.
Investing is a very human topic:
- You can try AI, quantative analysis, trend analysis …
- Still, you have to be knowledgebleable on macroeconomics, human psychology, politics, geopolitics …
Getting informed is another obstacle. Most financial data is not free.
What the ancient Greeks used to say : “gnothi seauton” (know thyselve) is important too. I’m not really Warren Buffet, and beating the market is not my aim. These days it will be a challenge to stay ahead of inflation …
I cannot time the market, but I can try to get an idea about risk (by being informed):
- is the EM country more than 60% in debt
- what about Foreign Direct Investment
- is stock exchange on par with GDP
- how long is the upward trend in effect
- ….
Investing in stocks is risky, you can end up losing 50 percent or more
Everybody has a plan until they’re hit (Mike Tyson)