Just the stats, ma’am! (The Financial Athlete #64)

“Baseball fans are junkies and their heroin is the statistic.” – Robert S. Weider

MLB (Major League Baseball) keeps statistics for everything you can put a number on. Numbers tell the long history of the game; and numbers tell the story of a particular game on a single sheet of paper. No other sport has a deeper appreciation for its history, and this is due in part to its love of statistics.

It is unthinkable for a General Manager of a MLB team to recruit without thoroughly reviewing a player’s individual statistics. It should be unthinkable for you to buy any stock without reviewing the financial data and ratios of the underlying company. These provide information on price history, the composition of ownership, and the financial condition of the company. They are crucial to determine valuation. Fortunately, stock screeners with key statistics can be found on online for free, saving investors a great deal of time.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: