SimFin.com, the Wikipedia for financial data – free

Today I found a new, free source of financial data that I want to share with you:

SimFin is a crowd-sourcing platform for free high quality fundamental financial data.  Access the SimFin application at https://simfin.com/start

What I like the most about this service is, that they use the original reporting form. Usually free databases provide standardised numbers like Revenue, EBITDA, EBIT and Operating Income. Here you can choose between a standardised version and the original reporting form.

For example they provide the revenue data for Tesla Motors Inc. sorted by “Automotive” and “Services and other” or for GoldmanSachs Group Inc. you get the revenue sorted by  sectors like “Investment banking “, “Commissions and fees  ” and so on … this gives you a better overview about the special character of a business.

The numbers are sorted in Income statement, Balance Sheet and Cash Flow Statement.

Some links:

Berkshire Hathaway (link)

J M Smucker (link)

GoldmanSachs (link)

Nice service: when you like what you see you can download the data as excel spreadsheet!

As always, the problem with every Wikipedia-like database is that everybody can write false articles/data in it. So before making big decisions, please double-check the data. For getting a first overview about a company this service seems perfect. Did I already mentioned that the service is free?

Note: The Service is in Beta stadium. Sometimes the system is not working fast and there is not all data available

Notes on two UK Real Estate ETF’s

If you don’t know much about something, buy the Index.

-old indian saying

This was my first Article about UK Real Estates (link)

The Market has recovered in meantime.

There are 2 ETF’s on the UK Real Estate Market that I have found which are investable for me (german citizen, consorsbank). DB-XTracker doesn’t have an ETF on that special Market segment.

This is  not constituting investment or other advice and is used purely for information purposes. Mostly I use this post to remember myself.

Is now the Time to invest in London?

It seems that at the moment people think the biggest Brexit-looser will be London and its real estate market (link bloomberg).

Almost 3 billion pounds has been wiped from the market value of the FTSE 350 Real Estate Investment Trust Index since trading started Monday. Land Securities Group Plc, the U.K.’s largest REIT, tumbled 9.1 percent over the period.

Competitors now prepare to take away jobs (and the required living space) from the City (link)

Of course there are uncertainties and other factors (currency risks) but maybe this is an interesting entering Point? The Problem is, I don’t know much about the UK-Real Estate market or UK-REITs. If you have some favorit UK-REIT or something like that, please let me know!

Realpage

RealPage is a leading provider of on-demand software solutions for the rental housing industry. RealPage was founded in 1998 with the acquisition of Rent Roll, Inc. Steve Winn is Chairman of the Board & Chief Executive Officer of RealPage Inc – he owns approximately 32,1% of the shares (looks like he is selling shares (link).

RealPage’s customers include Real Estate Investment Trusts (REITS), leading property management companies, fee managers, regionally based owner operators and service providers. Their customers currently include nine of the ten largest multi-family property management companies in the United States. Principally, all of their revenue is earned in the United States so the company has a dependence on US-housing market.

The Stock is now selling for 21,96 USD (Nasdaq)

Some Links

Despite some facts like “toilet water in australia swirl counter-clockwise” we all can learn something about money from the Simpsons (link)

“The Conservative Income Investor ” talks about the Scrooge McDuck approach in investing (link)

EY Global IPO Barometer 1Q16 (link)

Interview with Warren Buffett’s investment manager Ted Weschler on businessinsider.com (link)

After BER, Kassel-Calden, Parchim International and some others, we have a new candidate for the most awkward German Airport Story: A German B-class-Airport, a Chinese Investor and KPMG, what can go wrong? (link)

 

Video: How The Economic Machine Works by Ray Dalio

Nice Story: Corporate Leaders Trust / The Oldest Index Fund?

“If you buy a business just because it’s undervalued then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies then you can sit on your ass … that’s a good thing.” – Charlie Munger

 More than 80 years ago an Investment Trust have been created that have done … nothing!