not all that much. in the beginning when I was learning how to value stocks I had to spend a lot more time. now I know what metrics I look at and I can just plug them into my modeling software (proprietary application that I developed on my own) and get ratings for valuation, risk, expected return. Once I pre-screen with the model, I look at some recent financial statements and check for company news that might be material. That's a little bit of time during the work day. If there's no red flags I'll pull the trigger.
For instance, KSS ranks a 3.8/5 on my risk score. The success of the company is highly dependent on shifting more business online and closing B&M stores that are losing money. I like their chances and I like the expected return, though. I'm willing to risk it since I can hold 2-3 years.
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