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Author: theGreenMartian Big gold star, 5000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 41614  
Subject: one small question Date: 12/16/2006 9:17 AM
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before I go - didn't look at the site before my last post.

Is this the BMW website?

http://bmwmethod.com/screens/faqs.php

If so, who wrote this? Here:

The screen won't find the perfect stock for you, all it will do is to narrow down the number of stocks that you will spend time on doing due diligence (DD) research. There are some 8000 stocks out there and Mike narrows the number down to some seven or eight hundred weekly but even that is too many to have to study.

What the stock screen does is to narrow down the list by selecting those stocks that meet some of your desired BMW parameters. Once you have your short list, your next step is to do your DD before spending any money.


I'm flat out confused. Is it now the position of the board that DD is not needed? And exactly how is DD defined? And if DD is not needed, then what's going on with this website?


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