Monday, August 3, 2009
Fundamental vs Technical
There are many opinions about which is better of the two schools of stock investment, namely: fundamental and technical analysis. In our opinion, however, the proof is in the pudding; the world's richest man made his money through fundamental analysis. Technical analysis always has an unchanging percentage of luck as a factor of your success; technical analysis can be compared to a game of poker. While some skill is needed, luck is a major factor, too. Fundamental analysis, however, can either have luck play a large amount or a small amount. Fundamental analysis can eradicate almost completely the part that luck plays.