This meetup is to examine P/E ratios using Equities Lab. Arrive at 6:30 if you are new to Equities Lab, or want to go over intro material again. Otherwise come at 7:00. Bring a laptop running Windows, Mac, or Linux (not an android or Ipad/Ipod device).
We had an awesome meetup last Thursday! We all met at Gordon Biersh, and demoed Equities Lab on the TV, while going around to each person and helping them explore a variety of areas on their laptops. We ranged over technical and fundamental analysis, scatter and bar charts, heatmaps and backtests, and an improvised screen. I've really valued the feedback we've gotten. The only wrinkle has been that many people who were interested couldn't attend -- and that's the goal of the second meetup. So, here goes:
The Second meetup (Gordon Biersh, at 7pm -- unless you are new and want an into or simply want a review, in which case come at 6:30pm)
Address: 3242 Peachtree Road NE Buckhead, Atlanta, GA 30305 (Dinner or drinks are available for purchase, parking is free and plentiful)
To find us: Ask for 'Equities Lab' -- we're in the large meeting room in the back with the TV (thanks, Gordon Biersh !!!). The doors will be closed to block noise, so close them behind you as you enter....
You're invited to come to the second beta meetup if you:
* Liked the first meetup and want to push it further, or
* Wanted to attend the first one, but had scheduling conflicts, or
* Want to join the Beta User's group.... email me and I'll set you up with an account, and send you my "getting the @#$$@ program to run on my machine guide", though people have had very good luck getting it running....
As you've noticed if you've read this far... That includes almost everyone!
Review Agenda (similar to the last meetup, come around 6:30pm):
* ensure everyone can run it and log in and use it. We've had no problems running it on any computer ranging from netbooks to servers, Apple (later than OS X[masked]) , Windows, and Linux. This typically happens as people walk in, and takes virtually no time at all...
* Show how Equities Lab could be used to invest right away. This takes about 5-10 minutes, during which people follow along.
* Tour the application, so people can see what it has to offer. This takes about 10-20 minutes
Agenda (not so similar to the last meetup, come at 7pm):
* Does PE determine future returns? We'll use Equities Lab to try to answer that question, coming up with a screen that out (or under) performs if PE does determine performance.
- Does PE determine performance in an industry, or some other type of stock?
- How about change in PE?
- What about E/P (flip the ratio?).
- What about picking different E's (estimated earnings, operating income, etc)
- What about factoring growth in?
It may seem unbelievable, but we can answer that question reasonably completely in the scope of a meetup (minus all the academic rigor one might like to see if one read academic papers to determine the best investment methodology).
Also, I'm including a signup URL and directions to get the application running even if your computer needs help running Java. Most people have not had any trouble running Equities Lab, but the experiences of those who have are folded into our checklist, to make it easier.
The signup URL: https://www.equitieslab.com/play/prod/customercontrol/betasignup
Once you've signed up (if you are a current user, you don't need to), email me with a desired username for the wiki... Also, if you've signed up (now or previously), RSVP "Yes" to the celebration meetup.
The wiki page: https://www.equitieslab.com/wiki
Launch URL: https://www.equitieslab.com/wiki/EquitiesLabProd.jnlp
When you go to log into the program, click on the Launch URL link above. It will do one of three things (in order of most annoying to least annoying), the solutions for which are posted below.
1. Ask how to open a JNLP link or offer to search for a program to open it. To solve this, head over to http://java.com and click on the free download link. Follow the directions, with one caveat: uncheck the option to install the ask.com toolbar -- it is pure bloatware. Once that is done, try again, and it should do something different :-)
2. Ask if you want to keep or open files of this type. This is a typical thing for chrome to do. Specify that you want to keep it, then notice it has a little button made of the filename, and a little pulldown attached to that button. Pulling down the pulldown will give you a "always open files of this type", which is what you want. This is actually optional, as clicking on the button each time will work, and open the program.
3. Claim you have the wrong version of java, after trying to open. If you are running any type of computer other than a really old Mac (OS X[masked] or earlier), heading over to http://java.com will fix the problem. If you are running a really old Mac, consider upgrading or using another machine.
4. Simply open... as it does this (whether you got here right away, or after a certain amount of hard work...), it will ask if you want to accept the certificate, since it is untrusted. Under more options there's a "always accept this certificate", which will make this dialog go away for once and for all, after you click on "accept", or "ok".
5. Do something else, or just generally be too confusing. In this case, feel free to call[masked] 4974. One of the points of this is to figure out all the problems people will have, and I certainly want to find and fix any problems you might have...
Once the program is running, you'll log in there, and You'll be ready to go. Give the documentation a look over at https://www.equitieslab.com/wiki, or give me a call, or just jump in -- you can't hurt anything by playing around!