EVERYTHING is EXPENSIVE and EVERYTHING is OVERVALUED. This is basically my conclusion almost anytime i try to research a stock. I spend a huge amount doing research only to conclude that i should not buy. My required rate of return that i use for my models isn't even that high and my growth rates are inline with inflation. I am tired spending a tremendous amount of tired of researching a stock only to conclude that it is not worth it.
In the meanwhile as i cannot find any decent store hold of wealth. Bonds yields are increasing faster then rates can keep up and my home currency is losing value. At the same time hard assets are either heavily taxed or require obscene fees to buy.
I am trying to find defensive equities but cannot find any fairly priced onces. I am not into ETFs cause I like to understand what i am buying. That is why i do so much research. I figure i am longlisting my stock wrong. What is your strategy?
TDLR: I need a more efficient way to longlist stocks which i can then research. What is your strategy?