YT,
An excellent post. Unfortunately the lazy who rely on others' research normally come unstuck eventually. Part of the process is learning how to do the research yourself or at least verify most of the facts for yourself. Being successful at investing/trading takes hours of reading/research & unfortunately there really are no safe shortcuts. Good investment ideas are very value best plenty of ideas have to disregarded to find a potential winner. By researching yourself, you learn more about what to reject.
Regards
Buffett
PS Believing press reports or brokers reports is not a safe method of research on a company. Try & come to your own valuation/assessment of a company.
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