How to find cheap stocks

by time news

2023-10-23 09:41:57

One of the most famous arches in the world: McDonald’s signet, here in the middle of New York Image: AP

A start-up from Bavaria offers a lot of data on stocks. And makes recommendations about what is currently available cheaply. Favorit is a fast food chain.

The ambition is no small: to become the German Bloomberg. Just simpler and more intuitive. Michael Jakob, 29 years old, from Munich, cites the market-leading financial data provider from New York as his role model. The billion-dollar company that supplies banks, stock exchanges and financial service providers with its data terminals and is also one of the largest American financial news agencies. Jakob not only shares his first name with the founder Michael Bloomberg, the billionaire, later mayor of New York, who toyed with the idea of ​​becoming American president, but also the high demands placed on his company. Eulerpool News should be a synonym for quality and excellence, it says on the site.

Jakob named his company Eulerpool because of his fascination with the mathematician Leonhard Euler, whose work on exponential functions was also an important basis for compound interest in capital investments, and the term pool, for the huge pool of data that needs to be sorted on the financial markets.

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