Utilize your financial knowledge, give your answer or opinion to the input question or subject . Answer format is not limited.

Starter Enterprising Investor
The steps you outlined are fine by themselves. Step 5, seeking criticism can be less helpful than one may think.  See stocktwits.com  There are a lot of opposing opinions all of which can be correct over different time-frames.  Try and quantify your confidence and develop different strategies for different confidence levels. I was never smart enough or patient with follow through to be a successful value investor. It was very frustrating to watch stocks trade sideways for years before the company's intrinsic value was better reflected in the market.  Also, you could make an excellent pick, but a macro change and slump could set you back a year and raise doubts. In my experience portfolio management techniques like asset allocation and dollar-cost-averaging is what made my version of value investing work. Your interest in 10k/10q is something to applaud.  Is there something specific about 10k/10q that you do not understand?  Context is key, these types of reports are more relevant and understandable when compared to competitors in the same sector.   It is good to assess over confidence!  It is also good to diversify your knowledge and the effort put into Securities Analysis 6th edition will help with other books in the field.  I see a bit of myself in your post, and if you are like me, than subsequent readings, and full mastery of the concepts in 'Securities & Analysis 6th ed.'  will lead to over confidence, or a false understanding as there are many factors at play in the market.  So many, that even the most scientific approaches to investing can just as equally be described as an 'art'. I'm not aware of the details of your situation, but in general, for you to fully realize the benefits from applying the principals of value investing shared by Graham and more recently Warren Buffett, you must invest on the level that requires use of the consolidation or equity method of accounting, e.g. > 20% ownership.   Sure, the same principals used by Buffett can work on a smaller scale, but a small scale investor is best served by wealth accumulation, which can take many forms. Not the addition of instant equity via acquisitions to their consolidated financials. Lastly, to test what you have learned about value investing, and order execution, try the inverse.  At least on paper.  Short a stock with low value and a high P/E.  TWTR may be a good example? Learn what it is like to have your resources at stake, and the anguish of market and security volatility. It would be a lot easier to wait it out as a long-term value investor from a beach house in Santa Barbara :)