Screening of stocks for investing using Buffett and Munger parameters
I have stumbled across a filtered list of US stocks. For the filter, Twitter user (Value Stock Club) uses PE, PEG, P/B and Dividend Yield as criteria for his filter (based on his understanding of value investors such as Warren Buffett and Charlie Munger). Note that this is the start of the qualification process . There could be other value stocks that do not fit into this framework as we need to grade them differently by the industries that they are in. However, this is a good "broad stroke" for us to research further from this filtered list. Let us not forget to do our due diligence, to qualify the company in both their quantitative and qualitative qualities. How did $AAPL and $MU get onto this list? The following are definitions of the various ratios extracted from Investopedia. PE ratio The price-to-earnings ratio ( P/E ratio ) is the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). PEG ratio The price/earn...