Hey Thomas, I have read quite a bit about it and will make a video one day. I need to do some more research, especially look at more recent research papers and maybe even read Joel's book prior publishing the video.
Thanks Pablo, I have that on my list, I'd love to do a livestream! The only challenge I need to figure out is the length of the livestream. If I do one from beginning until end, it will take at least 4-5 hours :)
I have a few ideas and I am working on creating a 100% free course (that will be published here and split in shorter videos). I'm very excited about that!
Some indicators are more important than others. Make sure the company you buy has positive operating cash flow and OCF that is higher than net income. You will avoid a lot of bad investments.
What you missed is that the score was tested after Piotroski paper on more data and on international markets including those that have low book value. The results from all the studies were similar to Piotroski's paper in 2000. And btw it should not be surprising because the score filter unprofitable and highly leveraged businesses.
There are both studies that lead to similar results, and studies that lead to different results. Filtering out unprofitable and highly leveraged businesses in theory should reduce both the risk and the reward.
![[SFM] Risky Recital](http://i.ytimg.com/vi/RzNkY1_Nk3o/mqdefault.jpg)
Love the valuable contents you provide. Keep doing a great job. I hope you get 1M subscribers. Thanks much Kostadin!
I appreciate your kind words, subscribers like you are worth 1M :)
What do you think about the magic formula from Joël greenblatt?
Hey Thomas, I have read quite a bit about it and will make a video one day. I need to do some more research, especially look at more recent research papers and maybe even read Joel's book prior publishing the video.
We would love a Live video, about business and financial analysis from start to finish. Thanks for the great content!!
Thanks Pablo, I have that on my list, I'd love to do a livestream! The only challenge I need to figure out is the length of the livestream. If I do one from beginning until end, it will take at least 4-5 hours :)
@@kostadin_ristovski I’m sure most of us are willing to spend that time learning. Certainly I am :).
@@kostadin_ristovski Maybe you could do separate shorter videos. Instead of the livestream. It would probably be better for all of us.
I have a few ideas and I am working on creating a 100% free course (that will be published here and split in shorter videos). I'm very excited about that!
@@kostadin_ristovski thank you!
Some indicators are more important than others. Make sure the company you buy has positive operating cash flow and OCF that is higher than net income. You will avoid a lot of bad investments.
What you missed is that the score was tested after Piotroski paper on more data and on international markets including those that have low book value. The results from all the studies were similar to Piotroski's paper in 2000. And btw it should not be surprising because the score filter unprofitable and highly leveraged businesses.
There are both studies that lead to similar results, and studies that lead to different results. Filtering out unprofitable and highly leveraged businesses in theory should reduce both the risk and the reward.
Do you have a list of the studies that were not similar to the original paper?