How to "Do your own research" when you dont have time or the inclination but also dont want to blindly follow "FinTwit Experts"?

A short thread.

Only valid for these times of <whoops, I heard it about it this yesterday and it is up 20% already>
You see it in many FinTwit posts - "Not financial advice. Do your own research DYOR".

And you are thinking - Damm I dont have the time or the inclination to DYOR. Some may not have the skills, but that's for another thread.

So how do you quickly DYOR?
Assumptions:
1. You have a full time job and investing is "your passion", "side gig", "way to create wealth", "second income stream", etc.
2. You're area of expertise is not in the field that the stock recommendation is made. E.g. you are a doctor and the stock is a Space play
First. Realize that if you dont DYOR this is risky.

So step 1 - quantify your risk even before you do research.

XYZ stock is up 10% to $10 and you hear about it as a "rocket ship"
🚀🚀
You can quantify risk in 3 ways.
1. Buy a small amount and average in (up or down) - you can automate that purchase with your broker BTW if you did not know that.

2. Put a boundary on when you call this a loss. e.g. if the stock goes 3% or 5% from my purchase price, get out.
So step 1: Reduce risk. Taking unnecessary risk is foolhardy. So average your way into a stock.

Step 2: Actual research - write down:
1. What will my reward be? %-wise
2. How long will it take to get that reward?
3. What reward makes me happy to exit?
Most (there are exceptions) people who write long pieces on Twitter will do some form of research. So you dont have to go to 100's of places to get data in one place- Fintwit Wins!

So your only question to DYOR is
"What are they missing"? How can this go wrong?
What I have learned is if all goes well - meaning someone recommends a stock and it goes up - you dont really need to do much research - you lucked out. Yay 🤩🤩

Research (When you have little time) is to prevent big losses.

To answer the question "How can this go wrong"? ...
You have to look for the alternative view point. You will most likely find that in the comments on most of these long pieces or tweets.

Those are the gems.

Twitter comments are MORE valuable than the Tweet.
This is Twitter based research. If you have time and inclination, you can always use my fav resources:
1. Finviz
2. Koyfin
3. http://QuickFS.net 
4. Google Finance
5. Twitter search for ticker
6. Google search "company or ticker" analysis filetype:pdf
Fav resources #2:
7. Whalewisdom
8. Swaggystocks
9. TradingEconomics
10. Marketbeat
11. Fintel
12. TradingView
You can follow @mukund.
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