Ask Colin

Concerning your Research Report No 1 Combining Fundamental and Technical Analysis (No longer published, but now incorporated in my Seminar Notes under Stock Selection - Colin): Considerable doubt must be cast on any single snapshot. To have any confidence in the use of selection techniques based on fundamentals (and technicals also for that matter) then wide ranging data over many years is a prerequisite to enable valid statistics to be generated.

Concerning your Research Report No 1 Combining Fundamental and Technical Analysis (No longer published, but now incorporated in my Seminar Notes under Stock Selection - Colin): Considerable doubt must be cast on any single snapshot. To have any confidence in the use of selection techniques based on fundamentals (and technicals also for that matter) then wide ranging data over many years is a prerequisite to enable valid statistics to be generated.

I agree, if we are trying to prove something. I was not. There is an enormous literature on the value approach. I was just presenting my conclusions from wide reading and practical experience in an accessible way. Concerning the need for wide ranging research over many years, I could not agree more. It has already been done by others.

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