About
Finset is an all-in-one stock research platform being continuously built for DIY investors, traders and professional equity researchers. Finset is a platform where researching a stock is made effortless. Using the power of modern Large Language Models (LLMs) and connecting to the latest company information, Finset significantly speeds up the research process while being more accurate and intentional compared to the run of the mill chatbot.
Its not about the functionality to be able to ask questions, it is all about asking the right questions.
The Idea
When researching a company I found myself pasting research articles & equity research reports from 5-10 different sources into ChatGPT to ask it questions that I know are crucial in figuring out if the company is worth investing. Then I would read, copy and paste the output into a Google Doc to put my investment thesis together. Doing this over and over made me realize that there must be a better way to systematize research efforts and use AI to help along the way.
Some things that other solutions couldn’t offer me:
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I wanted to pick my own report sources
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I wanted to get accurate financial information
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I wanted to analyze original 10K and 10Q documents
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I kept asking the same questions over and over again and wanted to automate the process
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I wanted to easily store all my findings in one place
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I wanted to combine qualitative and quantitative analysis
Investment Philosophy
Investors often buy stocks based on recommendations from others, hunches or only looking at isolated pieces of information from the company. This often leads to poor results. Finset's goal is to provide a comprehensive checklist to help you design an in-depth research process.
What makes Finset different?
Finset was built for people who are serious about investment research. Unlike other AI tools that use LLMs to connect to the web and give generic summaries, we connect to financial statements directly and let our own custom LLM to read through the data. It gives us the ability to use the latest data on any of the publicly traded companies and results in a much more accurate output.
Research process is not about getting quick questions answered from chatbots, it is about putting together a comprehensive investment thesis. Finset allows you to create custom reports weaving together qualitative and quantitative analysis.