Finance is one of my hobbies. My specialty is undervalued stocks in
the tradition of Graham/Dodd/Buffett. (As luck would have it, I was
in elementary school in the early 1980s and thus too young to buy US
stocks at dirt cheap prices.)
Just as Doppler radar reveals weather phenomena (like rotation) that
conventional radar does not, Doppler Value Investing reveals things
that conventional value investing does not.
Instead of using earnings and book value to appraise a stock, I use
free cash flow and net liquidity (liquid assets minus ALL liabilities)
to appraise a stock. My method of calculating free cash flow is
different from the official method. The challenge is that I have to
make these calculations myself and can't rely on the secondhand
figures in Value Line, Moody's, Morningstar, etc.
So I enter the figures from the company's official financial
statements into a spreadsheet and use a program to crunch the
numbers. I've done this in VisualBasic for Microsoft Word and then
VisualBasic for OpenOffice. I'm currently working on a version in
Python. Check it out at:
https://github.com/dopplervalueinvesting
The Doppler Value Investing Calculator has shown me a different side
of Python than working on Swift Linux has. I've learned about object-
oriented programming and lists. I'm also starting to learn how to
crunch numbers in Python.