I’ve talked about trying to create a series of good analogies between sports and investing before. The reason why I think it’s such a great idea is because it would open the doors to what is one of the most accessible ways for people to build long-term wealth — the stock market. But going through [...]
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Posted in Financial statements, Sports on Apr 28th, 2008
I was recently included in the Carnival of Personal Finance hosted over at Lazy Man and Money. The article of mine that was included was a piece I wrote on the similarities between financial statements and baseball statistics. Lazy and I will have a discussion on how important certain stats are, but that’s for another [...]
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Posted in Financial statements, Sports on Apr 14th, 2008
So I’ve written before about my idea to churn out some kind of robust analogy between baseball statistics and financial statements. The reason is twofold: the analysis that baseball fans like myself do every day with baseball numbers is pretty involved—this isn’t simply looking at batting average and homeruns. It’s pretty sophisticated stuff and the [...]
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So I’m still on the quest to deciphering financial statements. And I still think that a sports analogy will help me draw a parallel between the two so I can be a more informed investor. I’ve been asking around different forums and groups of people with more experience than myself, and one of the suggestions [...]
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