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This book is aimed at providing simple quantitative strategies that
individual investors can implement with little work using simple,
free or cheap tools and services.
This is a simple, quick and effective approach to quantitative
fundamental analysis. The Lazy Fundamental Analyst presents a
collection of strategies based on the application of quantitative
analysis to fundamentals-based investing. It will appeal to anyone
looking for simple, effective and low-risk investing strategies.
The strategies are organised by ten business sectors: Consumer
Discretionary, Consumer Staples, Energy, Financials, Health Care,
Industrials, Information Technology, Materials, Telecommunication
Service and Utilities. For each sector a strategy is proposed for
large capitalisations (companies in the S&P 500 Index) and
another is given for small capitalisations (companies in the
Russell 2000 index). For each sector, and each strategy, Fred Piard
explains how to follow his 'lazy' approach to choose stocks by
using only a couple of financial ratios. The strategies eschew
detailed due diligence of companies and markets - instead they rely
on applying quantitative techniques to filter out the best
investments in each sector.These strategies can be managed in just
a few minutes per month, making them suitable for those who only
have limited time to devote to investing but still wish to have a
winning return. Portfolio protection through the use of market
timing and hedging is also presented and this can be used with any
of the strategies. If you don't have the inclination for in-depth
fundamental analysis, or only have a few spare minutes per month
for your investing, try Fred Piard's lazy approach to quantitative
analysis.
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