Volume 15, No. 2 (Summer 2012)
There are many methods for choosing common stocks for investment. These methods may or may not be consistent with a traditional Austrian view, depending on the processes involved and basic tenets of the analysis. Several Austrian authors display a positive affinity towards methods that fall into the category of fundamental analysis. This study explores fundamental analysis to determine its application as an Austrian approach to common stock selection. The thymologic method and the category of understanding are applied as frameworks for an Austrian approach and to evaluate fundamental analysis as a process for common stock selection. The analysis supports the conclusion that fundamental security analysis can be practiced in a manner consistent with traditional Austrian views and is suitable as a common stock selection method by those who wish to adhere to such views.