Re:Launch HN: Stock Unlock (YC W22) – Investment Education f...
by traceroute66 on Friday March 11, 2022 @12:12PM
(#30642716)
> I said that they work.
But they don't.
Companies massage their financials. This, by definition, throws off your screeners (false positives / false negatives).
Other times companies don't screen well, they might be technically "weak" if your definition is based upon screening, but they are actually perfectly viable and actionable investments.
I see both, a lot.
I did not say screening tools do all the work. I said that they work. Onviously one uses screening tools as a starting point. But they are step one in every sane approach to analysis.