Define Stories. What stories really are ?
a quick google search says : an account of imaginary or real people, and events, told for entertainment.
Entertainment...! Yes..! does that interests you ? Then, stock markets will too.
What it is to be a human, if not for stories.
Image our education system without history ( his-story ) subject. How would we learn about our past, if stories were not to be narrated though history subject. Imagine, not narrating mathematical models, to project future stories. Imagine astrology. Is it not a story of the past and the future. Imagine religion, is it not via stories that we know about our religion and faiths. Same with one's culture, values, scripts, accounting, astronomy, chemistry, and what not. Story was, is and will, be an indispensable part of humans that makes them think and help in decision making. That is what, which, really separates humans from animals and other creatures on earth.
Wait wait wait wait, enough about stories, I came here with context to stock markets.
Yes, that's true.
Are stock markets, not about story telling? Narration of past, and, prediction / extrapolation into the future?
If you don't believe in HDFC Bank story, would you invest in HDFC Bank Stock ? Ask yourself that question.
There are a few stocks discussed on this website, the content is generally only story around those companies and usually, discussion with numbers are kept to a minimum.
For us, investing in companies for long term, is about building these stories, and remain invested, until these stories remain true and believable. Is it not how that stories and investing in stock market must be like.
Company result/numbers, are report cards of the past performance, considering events that have already occured. We invest for the future.
Mathematical models and projection, gives guidance for direction into the future.
Stories of these companies, helps us build faith for investing in these companies and remaining invested for long term.
Stories play around 95% part in our framework, on deciding and concluding on a company/stock.
Numbers from these company, help us with the rest of our decision making.
A lot of resources and analyst reports are already available online that describes numbers. But it takes confidence in the story that you build, for yourself and your portfolio, to invest and to remain invested for long.
We rest our case....!! It is you to decide now.