Chris' Story
How did you pick investments before you used Stockopedia?
"I've been using Stockopedia since 2012. Before then, I relied on free data tools but I quickly realised I needed more. I also used to read a number of investing magazines for share ideas - I no longer read any of those as I don't need to. "
Has using Stockopedia changed your approach to investing?
"Stockopedia has undoubtedly changed my approach. I have developed a lot as an investor over the years, and Stockopedia has been something I've looked at on a daily basis throughout that period. I've been reading Paul Scott's Small Cap Value reports since the early days, so that will have had a big influence in particular."
"I have developed a lot as an investor over the years, and Stockopedia has been something I've looked at on a daily basis throughout that period." - Chris
Has Stockopedia impacted your investment results or quality of life?
"My investment approach and ability have both developed significantly over the years. I can't say Stockopedia has made me a better investor; but my investing has improved because Stockopedia gives me better access to information. This allows me to stop relying on others to guide my investing - this is key.
I am still early in my investing career, but my CAGR since 2012 has been close to 20% and my return in the past year has been close to 50% - that trajectory will certainly make a meaningful difference to my quality of life if maintained."
What's your advice for investors that are just starting out?
"I think it will take 10 years to complete your education in the stock market, so try out different approaches and find what works for you. You need to experience a full market cycle before you get a proper feel for the 'fear and greed' side of the markets. I look at PE ratios now and lots of decent companies are sitting on 30x earnings - five years ago, a PE ratio in the high teens was a sign of quality.
Constantly learn and adapt; you can't stand still and think you know it all!"
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