I was told it was one of the Holy Trinity for data analyst, the other 2 being Excel VBA and SQL which I had experience with.
I just bought 1k SGD worth of Tableau shares in IG platform.
Currently the US market is soaring. So are my Uniqlo shares.
How do I get an idea of a company that has not made profit yet, but I see it as a potential?
For me, I look at the yearly sales, and market cap.
Lets say market cap is 5 billion, yearly sales is 1 billion.
If there is no cost, PE ratio is 5. This is just a lazy way for me to get some idea.
Currently markets are soaring.
I am always waiting for a crash to grab shares.
But no one knows when, and it has not happened for close to a decade now.
So I should buy small amounts whenever there are small chances.
But at the same time, balance so that I have a bag of money to throw when crash really comes.
Tableau actually fell more than 40% in Feb this year to around $50.
It rose to around $80, and crashed 10% few days ago.
I bought it at a OK price at around $70.
The world may be dominated by tech companies in the future, so it is better I accumulate to mitigate my fears.
