Pulling financials for personal investments
Posted this in HF forum, but figured folks in AM might be able to answer this as well.
When doing modeling for my personal investments, it's always been frustrating having access to the tools at my firm like capIQ, FactSet or Bloomberg since they're just sold B2B.
I started playing around and built something that uses AI to understand your unique financial modeling template to then extract the key financials from filings (i.e. 10k, 10q, press release) and fill them into exactly the cells they should go. I'm almost done with a feature to pull these automatically when a press release happens, and update your model.
Happy to let people try it out in exchange for feedback, but what are the tools y'all currently use for personal modeling if any?
You use tools to fill out financials at work?
For pulling financials, yes. Do you not?
No, I find them deeply unreliable.
Want to try what i've made? It has an auditing feature so you'll only get anything wrong if you don't check the source yourself, it's quick to do so.
Nah I won't but curiously does it work for European stocks? That's normally the downfall of any of these new AI services (e.g. Daloopa).
I have a portfolio of around 30 stocks that I think will still remain relevant for at least 10 years and may even grow further, mostly tech, and I just do a the optimal risky portfolio formual on all of them and that's it (mostly for fun, I know it's useless but makes me feel that "I'm being a diligent investor").
I don't see the need for models on public markets, too many variables that could impact the company. Just read the 10-K and decide based on that if you see future or no.
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