2 cents:
There’re a lot of thought leaders and pundits with no track record. Just turn on CNBC or read a blog post on The Motley Fool not written by the founders (their analysis costs money but is quite good, they have a long track record).
Major advice: Invest in financial education - earnings per share or price per share can be derived from financial statements. Income statement, balance sheet, cash flow statement, footnotes, press releases - you can learn how to read them online on YouTube, Udemy and without a Master’s. It takes time to get good at it - practice makes perfect. Yahoo! Finance has a lot of free no-login access to company financial statements.
Studying company fundamentals have helped Buffett get to the top consistently and slowly.
Most of the major markets are dominated by algorithmic trading.
UK stock market vs US stock market - very different.
You can learn from people with consistent track record (e.g. Ray Dalio or Warren Buffett) - check Berkshire Hathaways’ free annual shareholder letters on their 1990s style website. Tony Robbins interviews the top minds who almost never give an interview - or claim they can predict the future (they just hedge) - in his Money book that he wrote after 2008:
(this Chris Reining guy mentioned above has a good blog - he seems like a disciplined investor with lots of life advice)
Occasionally you come across free advice like this one that gives you a perspective on how the entire system (QE, central banks, etc) works as well as individual stocks (via @101) :
There’re get rich quick schemes - avoid. They are like those online marketers claiming to know how to make $1mm off real estate easily.
But if you’re interested in day trading, good luck. It’s you versus machines.
You can always find a good company with a bad price. And if a good company is run by incompetent people, it helps to learn about the management.
There’re also companies like the automakers being pushed to change their fundamentals to survive - and they can’t do that overnight.
Also, learn about personal biases:
It helps to know about different sectors - we’re not in the 20th centry and are about 20% through the 21st:
(and look what happened to Intel after 2008…)
It helps to know how IPOs work and what stages there are in VC funding - who’s winning even if the IPO drops and stays there, because the business is bad.
It helps to learn about what debt does to the balance sheet - is it there and how big is it. It’s often overlooked until some company has no money to service its “mortgages”.
Next 10 years - nobody knows what will happen, but books like this are helpful:
https://www.amazon.com/Future-Faster-Than-You-Think/dp/1982109661
Also helps to study history - e.g. 1980s ups and downs (the savings and loans one), 1990s had a bunch, dot-com, 2008, European sovereign stuff, the current one.