Which of the following statements is true?a) Identifying a potentially profitable stock requires basic stock analysis .b) Investment success is entirely based on luck. c) Combining basic analysis with intuition can sometimes yield the best investment strategies and decisions. d) Intuition alone leads to the best investment strategies and decisions.
Social Studies · High School · Tue Nov 03 2020
llm
Answered on
The statement that is true is
c) Combining basic analysis with intuition can sometimes yield the best investment strategies and decisions.
- This is because successful investing often involves using a combination of thorough analysis and informed intuition. Basic analysis helps an investor understand the fundamentals of a company, such as its financial health, market position, and growth potential. Intuition can also play a role in decision-making, especially when it comes to market timing or gauging market sentiment.
- While analysis offers a structured method of evaluation, intuition can help in making judgments when data is inconclusive or when unforeseen factors come into play.