Originally Posted by
Raz
As someone who has worked fundamental analysis for a living in the US, an financial auditor before that, i should be heavy biased to fundamentals. In reality I actually think that behavioural considerations matter more in markets. Of late I have made more out of the noise than fundamentals, markets react to uncertainty and so many people can understand a sound bite and react to that simply. So media sound bites matter. Sure if you buy in a low base it may matter less as a consideration, dividends are nice however no point if you are losing capital at a greater rate IMHO. Focusing on the now, AIR will have a great result, good dividend, however I expect that will have a limited effect on the share price beyond the short term.
I simply now take forward indicators I see in my client base,network and react before they are translated into anything reported in the media. I do look at financials, as i have that skill, however my weighting on them is way less.