[Stu from NYC]

Originally Posted by CoachKandSportsguy

There was a paper, I'm not sure I downloaded it, but put all companies financial ratios and results through historical analysis with ML, and with enough history, can get a list of investable companies and non investable companies. Then one can visit management, but management is always biased. Text based ml analysis of company messaging between competitors has been used for quite awhile.

And the portfolio here is made up of ETFS, index replication with actual index stock components, so individual company analysis is not going to make a difference. Old style portfolio management of buying and selling individual companies has fallen to the wayside with custom traded ETF portfolios.

you want 3 x leverage on the SPX index long, SPXL
you want 3 x leverage on the SPX index short, SPXS
you want the top 50 largest SPX companies quality, XLG, goes up faster than SPX
you want invest in the utility sector with diversification, XLU
the list goes on and on

So that is why the investment industry is moving away from individual stocks, and moving towards portfolio of etfs for tax advantaged diversification, acting on industry analysis without individual stock purchases, and getting in or out easily and quickly. .

Back in my days as a credit analyst, thought there was value in sitting down with owner and/or controller over how the company is doing as well as its prospects.

Very often my gut feeling about management was proven correct.