Journal!!

I've improved myself a lot in the course of two months because of Chris Huang, who has been working for years in financial field. The job he is currently doing now is what I am learning and expecting to do in my life. Before meeting him up, I've reading companies' financial reports as to what actual profitability they are making. I was trying to check the degree of their financial leverage and interest coverage ratio, since I was interested in investing in their bonds. Although I've received a lot of recognition data, I am not able to make a decision because of experiences needed. I was focusing too much on so-called capitalization in financial report because it could be the major factor for corps to reduce their expenses purposely. Or, I was focusing too much on the revenue generated by employees, or the capital expenditures spent during a year. Indeed, these are important information that should be carefully examined by analysis. Still, I can't make a conclusion after collecting them. Now, because of Chris Huang, I've come to a little knowledge of evaluating and quantifying the information. Then, I analyze the effect of macro factors by using the industry ratio. After macro analysis, I check companies' competitors, supply chain, management and retails, which I call it micro analysis. At the end, I apply industry average PE ratio to its price, and then making sure if companies are on the track generating profit with stable expansion. If it is, the stock price may be positively effected later time when quarterly reports issued up. 

I've still gotten a lot to learn. Have to be much more stronger and better off in my financial knowledge, in order to fuck my competitors up and to show my competitive advantage.