As a complete beginner, you understand the importance of investing in good companies. However, the vast amount of information available and the complexity of reading financial reports can be overwhelming, making it difficult for you to get started. You may wonder how you can quickly analyse any stock to gain a better understanding of the company before making your first investment.
Fortunately, the advent of technology has revolutionised the way investors analyse stocks. In this blog post, we will share with you a powerful AI investing tool to help you analyse any stock in just 1 minute.
At Buffett Online School, we believe in investing in great companies that you understand, and utilising Free Investing Resources to kickstart your investment journey is one of the best ways to learn.
Powerful AI Investing Tool
The tool is called FinChat.io, which can be seen as a chatGPT for investors. Once you register for a free account, you can start asking it any questions related to investing.
For example, we asked FinChat.io to "explain the core business model of Alphabet Inc. and provide a breakdown of the different revenue streams."
Within a few seconds, the website provided us with the following information. All the data is backed up by reliable sources, allowing you to verify its accuracy.
We cross-checked the information with Google's annual reports, and indeed, the data provided was accurate.
Most importantly, the information provided by FinChat.io gives investors like you and me a quick overview of the company's performance. This saves a significant amount of time compared to digging through individual annual reports and trying to identify trends in business performance. Usually, annual reports only provide a comparison of performance between two years, as shown below.
If you want a quick video tutorial on how to use the website, our investing mentor Sean has created a TikTok video where he shares his secrets on how to generate even more detailed analysis reports on companies like Google, Microsoft, Meta, and Tesla. Prepare to be surprised by some of the results! You can check out the video here!
By leveraging the power of AI technology through FinChat.io, analyzing stocks becomes more accessible and efficient, enabling you to make more informed investment decisions. Go and test it out and do let us know if you find it helpful!
Join Our Free 2-Day BOS Value Investing MBA
At the Buffett Online School, we believe in learning the right investing mindset and system, so we can start cultivating emotional detachment and grow our wealth safely and substantially in the long run.
Our next 2-day BOS MBA Value Investing Online Bootcamp is happening soon! We will teach you how to use Warren Buffett's proven investing method to maximise your portfolio.
Remember, you have the choice to cultivate the right investing mindset and unlock your potential to build wealth through intelligent investing. Together, we can create a network of educated investors who make informed decisions and contribute to their financial well-being!
In the meantime, feel free to check out some of our blog posts to continue your learning. You can also join our BOS Telegram channel for more investing insights.