Why don't we look up "value investing" ? Here https://www.investopedia.com/university/value-investing/value-investing1.asp On the first topic, it say "Value Investing Fundamental No. 1: Companies Have Intrinsic Value" How would you know its intrinsic value if they are not reporting? On the second topic, it says "Value Investing Fundamental No. 2: Always Have a Margin of Safety" Again, how can you have a margin of safety on a company that doesn't report? Those are the 2 main fundamentals of value investing that you ignored it. Notice also that it doesn't talk about TA.