The Investing for Beginners Podcast &#8211; Your Path to Financial Freedom

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The Myriad of Opportunities in Infrastructure with John Rotonti

27 mars 2025 | 56 min

In this episode, the hosts reconnect with John Rotonti, portfolio manager at Islamorada Investment Management. John offers insights into his approach to selecting stocks, emphasizing the significance of long-duration growth and sticking to high-quality businesses.

He outlines the focuses of his portfolio that includes industrials, infrastructure, and housing-related stocks, while managing a considerable cash position due to selectivity in quality investments. John also shares his perspective on industry-wide sell-offs, giving examples of influential stocks and CEOs, discussing characteristics crucial for sustaining competitive advantages and long-term returns.

00:00 Introduction and Welcome

00:08 John Rotonti's New Role and Portfolio Overview

01:00 Portfolio Composition and Strategy

01:34 Infrastructure and Housing Investments

05:26 Cash Management and Investment Philosophy

10:25 Industry-Wide Sell-Offs and Contrarian Investing

19:57 Long Duration Growth and Utility Investments

24:30 Evaluating Company Growth Potential

25:06 Revenue Growth Analysis

26:36 Margin Expansion Opportunities

28:23 Case Study: Stock Movement Between Buckets

28:56 Electrification and Data Centers

33:27 GE Renova: A Deep Dive

39:08 Mount Rushmore of CEOs

43:08 Investment Strategies and Moats

46:04 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Subscribe to John Rotonti's fantastic newsletter at lastbastion.com.

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

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Stock Therapy: How many stocks is too many?

24 mars 2025 | 39 min

In this unique episode of the Investing for Beginners podcast, the hosts turn the microphone inward as Dave takes the 'patient' seat and Andrew assumes the role of 'therapist'.

Dave discusses his challenges in managing a portfolio of 25-26 companies, expressing concerns about over-diversification and the pressure to stay informed on each holding. The conversation delves into the emotional aspects of investing, the balance between staying informed and being overwhelmed, and specific stocks such as MasterCard, FICO, and Meta.

The hosts explore strategies for managing portfolio size, staying informed without getting overwhelmed, and overcoming biases when evaluating new investment opportunities. The episode wraps up with insights on the therapeutic value of discussing investment struggles openly and the introduction of a new 'stock therapy' workshop for their Value Spotlight community.

00:00 Introduction to Stock Therapy

00:44 Portfolio Management Challenges

04:30 Balancing Information and Emotions

17:41 Reevaluating Investment Strategies

30:38 Stock Therapy Sessions Announcement

32:29 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

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The History of NVIDIA and Latest in AI w/ Eric Bleeker from the AI Investor Podcast

20 mars 2025 | 58 min

In this episode, Dave Ahern and special guest Eric Bleeker from 24/7 Wall Street and the AI Podcast delve into the transformative world of artificial intelligence (AI).

The discussion expands on the evolution of AI, emphasizing Nvidia’s milestones and breakthroughs in deep learning and neural networks. They highlight the dramatic advancements and potential disruptions AI brings to fields like coding, data centers, and software development.

Eric explains the new scaling laws and reasoning models that promise to revolutionize AI further. They explore investment strategies in the AI sector, including major tech players and emerging picks and shovels in the supply chain. Concluding with practical applications of AI in everyday life, this episode offers a comprehensive overview of the AI industry.

00:00 Introduction and Guest Welcome

00:27 Eric's Journey into AI

04:08 The Rise of Nvidia

06:34 Deep Learning and AI Breakthroughs

11:56 Scaling Laws and AI's Future

17:53 Global AI Investments and Market Reactions

24:14 Understanding Reasoning Models

25:44 AI's Astounding Progress in Reasoning

26:07 The Future of AI in Coding and Beyond

29:20 Investing in AI: Key Players and Strategies

31:11 AI's Impact on Various Industries

45:34 The Role of AI in Personal and Professional Life

48:48 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

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Where Do We Start When Analyzing an Income Statement?

17 mars 2025 | 38 min

In this episode, hosts Andrew and Dave break down how to analyze an income statement using Nike as an example. They discuss the importance of financial statements, starting with revenue and profitability, and walk through the different sections such as net income, gross profit, and operating income.

They also emphasize the significance of earnings per share and provide insights on what to look for in the MD&A (Management Discussion and Analysis) section of company reports. The episode includes practical advice on identifying key metrics and potential red flags in a company's financial health.

00:00 Introduction to Investing for Beginners

00:07 Understanding Income Statements

00:31 Analyzing Nike's Financials

01:06 Key Metrics in Income Statements

01:32 Revenue and Profitability Insights

05:28 Management Discussion and Analysis (MD&A)

08:46 Gross Profit and Operating Income

18:05 Earnings Before Taxes and Interest

22:35 Earnings Per Share (EPS)

29:13 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

Expanding Your Competence Like Buffett (w/ Alex Morris from TSOH)

13 mars 2025 | 58 min

In this episode, Dave and Andrew feature Alex Morris, founder and analyst at TSOH Investment Research and author of 'Buffett and Munger Unscripted.' Alex shares his journey into the world of stock investing, inspired by business legends Warren Buffett and Charlie Munger.

The conversation covers Alex's perspective on investing, including his preference for stocks over other assets, insights from his book, and his views on business valuation, competitive analysis, and the importance of management.

The dialogue also touches on strategies like minimum position sizing, the role of qualitative versus quantitative analysis, and advice for novice investors looking to expand their knowledge and competence in investing. As a special note, proceeds from Alex's book will be partially donated to Glide, a charitable organization supported by Warren Buffett.

00:00 Introduction and Guest Welcome

00:30 Why Choose Stocks?

02:00 The Inspiration Behind the Book

04:47 Impact of Berkshire Meetings

06:59 Understanding Business and Investing

08:08 Insights on Discount Stores

12:41 Lessons from Berkshire's History

19:49 Circle of Competence and Investment Strategies

25:41 Analyzing New Investments

26:38 Dollar Tree Investment Journey

30:07 Evaluating Microsoft and Tech Investments

45:06 Writing and Its Impact on Investing

49:05 Final Thoughts and Book Promotion

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

Is Zyn the Next "To The Moon" Investment?

10 mars 2025 | 38 min

In this episode of the Investing for Beginners podcast, Andrew and Dave provide a comprehensive analysis of Philip Morris, one of the leading tobacco companies.

They detail the company's historical financial performance, including its revenue growth, profit margins, and capital allocation strategy. They also discuss Philip Morris' recent strategic moves, such as the acquisition of Swedish Match and the introduction of the Zyn nicotine product.

Despite the hype surrounding Zyn's growth, they highlight concerns about the company's profitability and the sustainability of its business model. Additionally, the hosts express their personal stance on investing in tobacco companies. The episode serves as a deep dive into the financials and strategic direction of Philip Morris, offering valuable insights for potential investors.

00:00 Introduction to Philip Morris

00:20 Overview of Philip Morris and Its Products

01:24 Financial Health and Maturity of Philip Morris

03:27 Profit Margins and Financial Insights

04:44 Geographical Revenue Breakdown

08:08 Capital Allocation and Debt Management

09:46 Zyn's Impact and Market Trends

13:48 Challenges and Future Outlook

27:02 Ethical Considerations and Personal Reflections

30:43 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

What You Don't Understand About Cyclical Compounding w/ Leandro from Best Anchor Stocks

6 mars 2025 | 52 min

In this episode of the Investing for Beginners podcast, hosts Dave and Andrew welcome Leandro from Best Anchor Stocks as their guest.

Leandro discusses his enthusiasm for long-term equity investing, explaining how he avoids shorting due to its unfavorable risk-return ratio. He details his approach to building an investment portfolio, his views on sell strategies, and the importance of thorough research and understanding company fundamentals.

Leandro also shares insights about his investment process, how he finds new ideas, and his preference for companies with strong management and secular growth trends.

By delving into examples like John Deere, Texas Instruments, and Keysight Technologies, he illustrates concepts such as cyclical investments, operating leverage, and industry transformations. Leandro emphasizes the importance of patience and avoiding recency bias in achieving consistent, long-term returns.

00:00 Welcome and Introduction

00:41 Why Invest in Stocks?

02:09 Portfolio Management Strategies

03:27 The Challenges of Selling Stocks

04:53 Researching and Analyzing Companies

15:56 Finding Investment Ideas

21:47 Cyclical vs. Linear Compounders

36:39 The Importance of Benchmarking

44:48 Final Thoughts and Where to Find More

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Follow Leandro on Twitter @Invesquotes

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

Q&A: Does Value Work Today and Dividends or Buybacks?

3 mars 2025 | 46 min

In this episode, the hosts of the 'Investing for Beginners' podcast tackle complex listener questions about the advantages of share buybacks for dividend-focused investors. They delve into the mechanics of buybacks and their impact on share value and discuss the pros and cons of dividends vs. buybacks in terms of cash flow reliability and tax treatment.

The episode also offers practical advice on avoiding stock analysis paralysis and finding competitive advantages in companies, touching on historical investment strategies and their relevance today.

00:00 Welcome to Investing for Beginners

00:16 Listener Question: Share Buybacks vs Dividends

02:15 Understanding Share Buybacks

03:16 Pros and Cons of Dividends and Buybacks

05:21 Tax Implications of Dividends and Buybacks

08:14 Real-World Examples of Dividends and Buybacks

11:37 Addressing Listener Concerns

13:24 Avoiding Stock Analysis Paralysis

19:41 Finding a Competitive Advantage

25:58 Value Investing: Then and Now

38:13 Final Thoughts and Predictions

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Things I Wish I Knew When I First Started Investing

27 februari 2025 | 45 min

In this episode of the Investing for Beginners podcast, hosts Andrew and Dave share the top 12 lessons they wish they knew when they first started investing.

They discuss the challenges of beating the market, the simplicity of investment math, the importance of continuous learning, and the nuances of understanding business fundamentals.

They also delve into the significance of valuation, the impact of volatility, and the emotional aspects of selling investments. The conversation highlights the need for accounting knowledge, the value of share buybacks, and the benefits of having a community in the often solitary world of investing.

Listeners are encouraged to learn from these insights to avoid common pitfalls and enhance their investment journey.

00:00 Introduction to Investing for Beginners

00:10 It's Not Easy to Beat the Market

03:38 The Math is Easier Than I Thought

05:59 You Don't Know What You Don't Know

10:27 The Money and Returns Will Come

13:21 Selling is Harder Than Buying

18:53 Nobody Knows Everything About Wall Street

23:20 You Have to Learn Accounting

24:10 Buybacks Are Not Bad

26:30 Don't Be Dogmatic

30:22 Valuation Matters

32:30 Volatility Will Happen

34:50 The Game is Lonely

38:14 Conclusion and Final Thoughts

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

Investor Profile: How Charlie Munger Helped Us Think Better

24 februari 2025 | 40 min

In this episode of the 'Investing for Beginners' podcast, the hosts profile the life and career of renowned investor Charlie Munger, who had a significant impact on Warren Buffett and Berkshire Hathaway.

The discussion covers Munger's early challenges, his legal career, eventual partnership with Buffett, and his influential investment philosophies. Key highlights include Munger's impact on Buffett's transition from deep value investing to focusing on high-quality businesses, and his notable investments like Costco.

The hosts also discuss Munger's famous quotes and principles, including 'invert, always invert' and 'avoiding stupidity,' emphasizing how these insights have shaped their own investment strategies and personal growth. Listeners are encouraged to learn more about Munger through his speeches and writings available online.

00:00 Introduction to the Podcast

00:31 Early Life and Career of Charlie Munger

02:22 Munger's Influence on Buffett and Investment Strategies

07:40 The Concept of Worldly Wisdom

22:12 Munger's Famous Quotes and Principles

28:44 Charlie Munger's Legacy

32:01 Conclusion and Final Thoughts

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

Use code [INVESTINGPOD] at the link below to get an exclusive 60% off an annual Incogni plan: https://incogni.com/investingpod

What do Dave and Andrew recommend?

Andrew works really hard to find the best insights he can every single month at Value Spotlight. To see a sample of his previous work, go to stockwriteup.com.

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Link to 4 Ways to Value a Stock Infographic

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4 Easy Ways to Value a Stock

20 februari 2025 | 38 min

In this episode of the Investing for Beginners podcast, the hosts delve into four primary methods to value a stock: Price to Earnings (P/E) ratio, Price to Sales (P/S) ratio, Price to Free Cash Flow (P/FCF) ratio, and Return on Equity (ROE).

They begin with an in-depth discussion of the PE ratio, explaining its calculation, significance, and limitations while also providing examples from various industries. They then move on to the PS ratio, highlighting its utility for early-stage growth companies and its limitations. For Price to Free Cash Flow, they detail the calculation process and explain why this metric might be more volatile but useful for valuing a company's cash-generating efficiency. Finally, they explore ROE, emphasizing its importance in assessing a company's profitability relative to shareholder equity and the potential pitfalls associated with debt manipulation.

This episode is packed with valuable insights and practical examples to help beginners better understand stock valuation metrics.

https://www.canva.com/design/DAF9oFDWqqs/InAZ8cTXtihE5PNqD-8DwQ/view?utm_content=DAF9oFDWqqs&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=hb507626659

00:00 Introduction to Stock Valuation

00:22 Understanding the PE Ratio

03:18 Industry-Specific PE Ratios

05:36 Limitations of the PE Ratio

10:24 Introduction to the PS Ratio

11:13 Using the PS Ratio for Growth Companies

13:47 Introduction to Price to Free Cash Flow

16:10 Calculating Free Cash Flow

23:54 Introduction to Return on Equity

24:44 Buffett's Approach to ROE

29:34 Potential Pitfalls of ROE

30:43 Conclusion and Q&A

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures.

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

What do Dave and Andrew recommend? Our free ebook and email series, at stockmarketpdf.com.

Find great investments & Connect, Learn and Grow at Value Spotlight

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is the SEC Letting Companies Get Away with This?

17 februari 2025 | 60 min

Wall Street incentives are all jacked up, and after 25 years of experience poring through countless financial statements, David Trainer has an easy and automated solution for improving the transparency of the capital markets.

The problem with financial statements today are that the details are in the footnotes, and these details are not captured in earnings reports or price earnings ratios. Investors who don’t read the footnotes and aren’t always getting the complete picture of a company's story, and corporate America is incentivized to continue to obfuscate it.

The fact of the matter is that too little attention is being paid to whether companies are creating or destroying value with their growth and it’s leading to too many investors losing money by speculating on bad businesses. If more investors took the time to fully understand and analyze ROIC and economic earnings, they would be better able to allocate capital towards businesses that actually have the best long-term prospects.

If things change with the new administration and the speculative excesses of the last few years start to dissipate, then we could see a reset in the capital markets-- with the return of undervalued and profitable businesses generating better returns than speculative growth ones.

This episode is jampacked with many of David Trainer's personal stories and insights, including why he founded New Constructs and the purpose behind it, which is to Improve the Integrity of the Capital Markets.

It’s a mission that’s sorely needed and that we fully stand behind. Share this episode with others so this movement can spread.

00:00 Introduction and Guest Welcome

00:33 Earnings Season Insights

02:31 Understanding Economic Earnings

05:21 The Importance of Return on Invested Capital

08:04 Market Speculation and Liquidity

19:36 Footnotes and Financial Obfuscation

26:07 Emergency Brake Protocols and Missing Disclosures

26:34 Challenges with Operating Leases

27:41 The Role of Estimator Code

27:56 Regulatory Bodies and Enforcement Issues

31:39 Conflicts of Interest on Wall Street

35:32 The Birth of New Constructs

40:23 Technological Advancements in Data Collection

46:52 Upcoming Live Stream and Platform Demo

50:36 Conclusion and Final Thoughts

Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.

Today's show is sponsored by:

Go to SHOPIFY.COM/beginners to start selling with Shopify today.

Go to shipsticks.com and use the code INVESTING for 20% off.

Go to get.stash.com/INVESTING to see how you can receive $25 towards your first stock purchase and to view important disclosures

This episode is sponsored by BetterHelp. Give online therapy a try at betterhelp.com/INVESTING and get on your way to being your best self.

What do Dave and Andrew recommend? Our free ebook and email series, at stockmarketpdf.com.

Find great investments & Connect, Learn and Grow at Value Spotlight

Have questions? Send them to [email protected]

SUBSCRIBE TO THE SHOW

Learn more about your ad choices. Visit megaphone.fm/adchoices

How Value Investing Works: The "Last Puff"

13 februari 2025 | 38 min

Bird's Eye View of Uber Technologies (UBER): Companies Reaching Profitability

10 februari 2025 | 37 min

Spotting Potential Red Flags with the Cash Conversion Cycle

6 februari 2025 | 35 min

Finding Safe Compounding Dividends with TJ Terwilliger

3 februari 2025 | 61 min

IFB381: What to Look For When You First Discover a Company To Invest In

30 januari 2025 | 34 min

The Timeless Cornerstones of Investing in the Stock Market

27 januari 2025 | 45 min

IFB379: Investment Diversification Strategy - The 4-Quarter Portfolio Approach

23 januari 2025 | 34 min

IFB378: Expanding Your Circle of Competence - A Beginner's Guide

20 januari 2025 | 24 min

IFB377: Restaurant Stocks: What 9 Years as an Owner/GM Taught Me About the Industry

16 januari 2025 | 47 min

IFB376: Our Thoughts on SMCI, Position Sizing Based on Risk

13 januari 2025 | 44 min

IFB375: Missed NVIDIA or Netflix? Why FOMO Isn’t Always Bad

9 januari 2025 | 35 min

IFB374: Understanding Sum of Parts Valuation - Breaking Down Complex Companies

6 januari 2025 | 35 min

IFB373: Stock Market Myths Debunked - It’s Not Just a Casino

2 januari 2025 | 34 min

IFB372: How to Use Reverse DCF Models - Expert Tips for Stock Valuation

30 december 2024 | 44 min

Value Investing Secrets: From Berkshire to Micro-Caps with Daniel from All-In-One Investing

26 december 2024 | 68 min

IFB371: Warren Buffett's 4 Investment Filters - A Beginner's Guide

23 december 2024 | 36 min

How to Evolve as an Investor: Lessons from Jeff & Jason of Investing Unscripted

19 december 2024 | 64 min

IFB370: Free Cash Flow Metrics - Margin, Yield, and Conversion Explained

16 december 2024 | 45 min

Understanding Home Builders: Insights from Brett & Ryan of Chit Chat Stocks

12 december 2024 | 54 min

IFB369: How to Handle Stock Losses for Beginners

9 december 2024 | 39 min

Growth vs. Quality Investing with Pieter Slegers and Kris Heyndrikx

5 december 2024 | 70 min

PIVOT Framework ("T"): Thinking Moats

2 december 2024 | 46 min

PIVOT Framework ("O"): Observing Metrics

28 november 2024 | 41 min

PIVOT Framework ("V"): Valuation

25 november 2024 | 46 min

PIVOT Framework ("I"): Idea Generation

21 november 2024 | 39 min

PIVOT Framework ("P"): Portfolio Management

18 november 2024 | 50 min

IFB368: The Role of Stock-Based Compensation in Company Valuation

14 november 2024 | 40 min

IFB367: Exploring the Future of Payments

11 november 2024 | 41 min

Bird's Eye View: Analyzing Google

7 november 2024 | 36 min

Exploring Investment Strategies with Cedar Grove's Paul Cerro

4 november 2024 | 61 min

IFB366: How to Handle Stock Market Losses + More

31 oktober 2024 | 43 min

IFB365: Why 10-Year Revenue Growth Matters for Long-Term Investors

28 oktober 2024 | 41 min

IFB364: P/E Ratios, Value Traps, and Market Analysis

24 oktober 2024 | 39 min

IFB363: How to Start Investing -A Beginner's Guide

21 oktober 2024 | 33 min

Bird’s Eye View: Alibaba – The E-commerce Giant

17 oktober 2024 | 36 min

IFB362: Why Some Stocks Always Seem Expensive

14 oktober 2024 | 35 min

Brian Feroldi Explains Why Warren Buffett Thinks EPS is Overrated

10 oktober 2024 | 40 min

IFB361: How to Project Revenue Growth in DCF

7 oktober 2024 | 36 min

IFB360: Understanding Margin Calls and Stock Liquidation

3 oktober 2024 | 39 min

IFB359: Mastering Time Management for Busy Investors

30 september 2024 | 33 min

IFB358: How to Define Your Circle of Competence

26 september 2024 | 33 min

IFB357: 100% Gains & Handling Losses - A Beginner's Guide to Investing Psychology

23 september 2024 | 37 min

Generative Value's Eric Flaningam: Demystifying Tech for Investors

19 september 2024 | 52 min

oin us as we demystify tech investing with special guest Eric Flaningam from Generative Value. Learn how to apply value investing principles to find long-term winners in this exciting sector.

(0:00-1:00) Introduction of guest Eric, a tech-focused value investor. (

1:00-2:00) Why stocks? Eric finds intellectual challenge and future-predicting aspects exciting.

(2:00-3:00) Eric's journey: From small-town Indiana to Microsoft to venture capital.

(3:00-4:00) Early Buffett influence, learning from the greats, and the importance of managing downside risk. (

4:00-5:00) Tech's allure: World-changing potential, intellectual complexity, and historical outperformance.

(5:00-7:00) Applying Buffett's circle of competence to tech, focusing on understanding competitive advantages.

(7:00-9:00) Overcoming tech intimidation: Start with industry research, read extensively, and focus on buyer decisions.

(9:00-12:00) Understanding tech vs. business, the importance of industry primers, and the challenge of competitive landscapes.

(12:00-16:00) Semiconductors and cloud as long-term tech bets, the role of disruption, and learning from history.

(16:00-19:00) How companies view competition, the importance of solving customer problems, and the risk of disruption.

(19:00-22:00) The Innovator's Dilemma: Business model innovation often trumps pure technological disruption.

(22:00-25:00) Investing in the face of disruption, the importance of paranoia and humility, and embracing volatility.

(25:00-29:00) Finding Eric's "quintessential" stock: Amazon as an example of deep competitive advantages.

(29:00-32:00) Why some monopolies fly under the radar: ASML vs. Microsoft and Google.

(32:00-36:00) The case for tech investing: High-quality businesses, long-term growth, and opportunities for outperformance.

(36:00-39:00) Eric's investment process: Focus on identifying wonderful businesses, then wait for the right price. (

39:00-42:00) The long-term advantage: Patience allows capitalizing on market drops and buying great companies on sale.

(42:00-46:00) The AI adoption curve: It's early days, be patient, and expect the unexpected.

To learn more from Eric:

Generative Value

X: @EricFlaningam

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IFB356: Beginner's Guide to High-ROE Investments

16 september 2024 | 40 min

Join us for Episode 356 of the Investing for Beginners podcast, where Dave and Andrew explore high-ROI companies with over $2 billion market cap, offering insights into their impressive financial metrics.

[00:00:51] Criteria for Selection

Companies selected have a return on equity (ROE) of 377% or higher.

[00:01:20] Discussion Approach

Dave and Andrew discuss companies off-the-cuff, sharing insights and analysis.

[00:02:01] Understanding High ROE

Exploration of factors driving high ROE, like increased net income or reduced equity.

[00:03:49] Software Companies

Discussion on software companies like GoDaddy and Fortinet with high margins and ROE.

[00:05:28] Operating Margin Expansion

GoDaddy's operating margin expansion boosts earnings, illustrating growth potential.

[00:07:30] Home Depot's ROE

Home Depot's high ROE due to positive equity shift from acquisitions.

[00:10:05] Return on Invested Capital

Importance of using return on invested capital for evaluating capital efficiency.

[00:13:10] Booking vs. Airbnb

Comparison of Booking and Airbnb, discussing growth potential and business models.

[00:19:53] Hotel Franchise Models

Exploration of hotel franchise models like Marriott and Choice Hotels for investment.

[00:26:25] Airbnb's Market Position

Airbnb's appeal to affluent customers and potential growth limitations discussed.

[00:28:36] Colgate-Palmolive's Stability

Colgate-Palmolive's predictable growth and stability make it an attractive investment.

[00:32:11] Low Volatility Stocks

Benefits of investing in low volatility stocks for consistent, long-term growth.

Today's show is sponsored by:

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IFB355: How to Invest in Banks - A Step-by-Step Guide

12 september 2024 | 39 min

In this episode of the Investing for Beginners podcast, hosts Dave and Andrew explore the intricacies of investing in banks, discussing their economic significance, profitability, and the complexities of bank terminology and financial statements.

[00:00:50] Why Invest in Banks?

Discussion on the profitability of investing in banks and their substantial role in the economy, comprising a significant portion of the S&P 500.

[00:01:13] Understanding Bank Terminology

Introduction to the unique language of banking and the goal to simplify it for listeners.

[00:01:35] Types of Banks

Overview of different types of banks, including "too big to fail" institutions and regional banks, with examples like JP Morgan Chase and Fifth Third Bank.

[00:03:07] Analyzing Banks

Discussion on starting with simpler, regional banks to build a foundation before tackling more complex institutions.

[00:03:50] How Banks Make Money

Explanation of the basic banking model: taking deposits and making loans, and the concept of interest spread.

[00:06:06] Bank Balance Sheets

Insight into how banks' balance sheets differ from other companies, focusing on deposits as liabilities and loans as assets.

[00:07:57] Income Statements

Breakdown of bank income statements, including interest and non-interest income, and how they differ from companies like Microsoft.

[00:14:05] Loan Books

Importance of understanding a bank's loan book, including types of loans and credit quality.

[00:19:41] Risk Management

Discussion on the risks banks face, such as loan defaults, and how they manage these through provisions.

[00:23:40] Key Metrics

Introduction to important metrics like loan-to-deposit ratio and CET1 for evaluating bank stability and performance.

Today's show is sponsored by:

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IFB354: Analyzing DraftKings: Navigating the Sports Betting Industry

9 september 2024 | 38 min

The podcast "Investing for Beginners" episode 354 explores analyzing DraftKings (DKNG) stock, focusing on navigating the highly regulated sports betting industry, growth potential, and investment strategies.

00:00:32 - Introduction to the podcast and listener question about analyzing DraftKings and the sports betting industry.
00:01:31 - Initial reactions to DraftKings, mentioning its app-based platform and involvement in sports gambling.
00:03:18 - Discussion on starting points for analyzing DraftKings, including reviewing their 10K and understanding their business model.
00:05:15 - Importance of visiting the company's website for additional insights.
00:06:09 - Exploration of how DraftKings makes money and the impact of regulations on its operations.
00:09:32 - Strategies for understanding industry regulations and using resources like YouTube, Google, and Reddit for insights.
00:11:01 - Consideration of moving on if a company is not forthcoming with information.
00:12:27 - Building an industry map and identifying competitors like FanDuel and Bet365.
00:14:47 - Using tools like Seeking Alpha and Finviz to compare industry peers.
00:15:16 - Analysis of DraftKings' revenue growth and comparison with competitors.
00:17:03 - Examination of financials, including revenue growth and margins.
00:20:20 - Discussion on the importance of gross margins and potential for profitability.
00:22:26 - Overview of the balance sheet to assess financial strength.
00:23:53 - Consideration of stock-based compensation and its impact on financials.
00:25:13 - Final thoughts on evaluating growth potential and market opportunities.
00:28:09 - Discussion on potential for international expansion and its impact on growth.

Today's show is sponsored by:

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IFB353: Mastering Investment Checklists - A Deep Dive with American Express

5 september 2024 | 59 min

Welcome to the Investing for Beginners podcast, episode 353. Today, we explore the power of checklists in investing, using American Express as a case study to highlight their practical application and benefits.

[0:00 - 0:50] Introduction

Welcome to episode 353 of the Investing for Beginners podcast. The hosts introduce the topic of using checklists in investing.

[0:51 - 2:28] Importance of Checklists

Discussion on the significance of checklists in investing, emphasizing their role in avoiding mistakes and ensuring comprehensive analysis.

[2:29 - 9:15] American Express Case Study

The hosts demonstrate how to apply a value checklist to American Express, showcasing its practical use in evaluating a company.

[9:16 - 12:18] Secular Trends and Tailwinds

Explanation of how secular trends can impact investment decisions and the importance of identifying tailwinds for easier growth.

[12:19 - 19:17] Financial Analysis

Overview of key financial metrics to consider, such as revenue growth and profit margins, and their role in the checklist.

[19:18 - 28:37] Competition and Moats

Discussion on analyzing competition and identifying a company's competitive advantage or moat, with examples from American Express.

[28:38 - 40:02] Risks and Management

Examination of potential risks and the importance of evaluating management quality and decision-making.

[40:03 - 53:48] Valuation and Conclusion

Insights into the importance of valuation in investment decisions and a wrap-up of the checklist's benefits, encouraging listeners to apply these strategies.

Today's show is sponsored by:

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Compoundingquality.net

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Bird's Eye View: Capital Allocation Analysis

2 september 2024 | 42 min

IFB352: 5 Essential Tools for Researching Industry Connections in Investing

29 augusti 2024 | 38 min

Compounding Quality: Pieter Sleger's Approach to Identifying Great Businesses

26 augusti 2024 | 65 min

In this episode, we chat with Pieter, founder of the Compounding Quality newsletter, as he shares insights on quality investing, identifying great businesses, and his journey in the world of stocks.

00:00 - 00:07: Introduction of Pieter and his credentials, including his newsletter and book on quality investing.
00:08 - 02:37: Pieter explains why he chose to invest in stocks and shares his early experiences, emphasizing the long-term potential of equities.
02:38 - 07:16: Discussion on Pieter's first stock investment, mistakes he made, and how those experiences led him to educate himself on investing.
07:17 - 12:21: Pieter describes his approach to quality investing, focusing on finding great businesses with healthy balance sheets, led by strong management, and trading at attractive valuations.
12:22 - 15:02: Pieter discusses how he maintains a watchlist of potential investments and his focus on companies with high market caps.
15:03 - 20:49: Detailed discussion on the concept of economic moats, emphasizing the importance of investing in companies with sustainable competitive advantages.
20:50 - 24:04: Further elaboration on pricing power, with examples of companies that have successfully maintained high pricing power.
24:05 - 32:14: Insights into Pieter’s thoughts on return on invested capital (ROIC), its importance in identifying quality investments, and the challenges of disruption in quality investing.
32:15 - 49:02: Pieter's approach to valuation, including how he assesses whether a stock is overvalued or undervalued, using methods like forward P/E comparisons and reverse DCF.
49:03 - 56:56: Pieter discusses his ideal investment, focusing on companies with strong growth, reinvestment opportunities, and aligned management. He also shares his thoughts on the tools and platforms he uses for research.
56:57 - End: Conclusion, with Pieter offering to connect with others interested in quality investing and sharing where to find his resources online.

Learn more from Pieter here:

X: @QCompounding

LInkedIn: Pieter Slegers

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IFB351: Listener Questions Answered - From Financial Planners to Debt Ratios

22 augusti 2024 | 48 min

In this episode of the "Investing for Beginners" podcast, Dave and Andrew tackle four insightful listener questions, including how to select a financial planner and the importance of debt-to-equity ratios. Tune in for practical advice and expert insights on navigating the world of investing.

00:00 - 00:32: Introduction

Dave welcomes listeners to the "Investing for Beginners" podcast and introduces the episode's focus on answering four listener questions.

00:32 - 02:00: Question 1: Selecting a Financial Planner

Dave and Andrew discuss how to choose a financial planner, including what questions to ask and considerations like fees and investing philosophy.

02:00 - 04:16: Where to Find Financial Planners

Suggestions on where to locate financial planners, such as banks, brokerages, and independent services like Tangerine.

04:16 - 06:38: When to Consider a Financial Planner

The hosts talk about the stages in life when a financial planner might be most beneficial, particularly as you approach retirement.

06:38 - 08:10: James Canola’s Financial Planning Services

A brief mention of financial planner James Canola and the value of his services.

08:10 - 09:30: Introduction to Spotify Q&A Feature

Dave explains how listeners can submit questions via Spotify’s app, which will be answered in future episodes.

09:30 - 13:20: Question 2: Debt-to-Equity Ratio

Andrew explains the debt-to-equity ratio, its importance, and how to interpret it, particularly when it’s above or below 1.

13:20 - 17:30: Why Debt-to-Equity Ratio Matters

Discussion on how debt can impact a company’s growth and profitability, and what to look for when analyzing this ratio.

17:30 - 20:30: Using Debt-to-Equity in Context

Tips on how to analyze the debt-to-equity ratio over time and compare it with competitors to gain better insights.

20:30 - 25:00: Additional Financial Ratios to Consider

Andrew and Dave suggest other ratios like net debt to EBITDA and interest coverage ratio to complement the debt-to-equity analysis.

25:00 - 29:00: Question 3: Investing in Watsco

A listener question about investing in Watsco despite its recent price drop is discussed, with advice on evaluating whether it’s a short-term issue or a long-term problem.

29:00 - 32:10: Understanding Market Sentiment and Stock Prices

The hosts talk about how market sentiment can sometimes disconnect from a company's fundamentals, using Lululemon as an example.

32:10 - 36:00: Reanalyzing Your Portfolio

Andrew shares the importance of regularly reanalyzing stocks in your portfolio to ensure they still meet your investment criteria.

36:00 - 38:30: Separating Noise from Facts

Dave emphasizes the need to focus on a company’s actual performance rather than being swayed by market noise or social media chatter.

38:30 - 42:01: Conclusion

Final thoughts on the importance of having a flexible mindset in investing and avoiding biases. Dave and Andrew wrap up the episode with a reminder to invest with a margin of safety.

Today's show is sponsored by:

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Steady Compounding with Thomas Chua: A Guide to Long-Term Investing Success

19 augusti 2024 | 63 min

In this episode of the Investing for Beginners podcast, Dave welcomes Thomas Chua, the founder of Steady Compounding, to discuss the principles of long-term investing. Thomas shares his journey from discovering investing through books to building a successful investment philosophy centered on steady compounding. Tune in to learn why focusing on the fundamentals, understanding economic moats, and valuing businesses conservatively are key to achieving sustained financial success.

[00:00:46] - Why Invest in Stocks?

Thomas explains why he chose to invest in stocks over other assets like real estate or Bitcoin, influenced by his reading of "Rich Dad Poor Dad."

[00:02:40] - Influential Investing Books

Thomas discusses key books that shaped his investment philosophy, including Warren Buffett’s letters, "One Up on Wall Street" by Peter Lynch, and "The Joys of Compounding" by Gautam Baid.

[00:05:08] - Why Steady Compounding?

Thomas explains the concept of steady compounding and why he prefers this approach to get-rich-quick schemes.

[00:08:38] - Thomas’s Background and Motivation

Thomas shares his personal background, including growing up in poverty, and how it motivated him to pursue financial independence through investing.

[00:11:40] - Pitfalls for New Investors

Discussion on common mistakes new investors make, such as checking stock prices too frequently and getting swayed by market narratives.

[00:17:05] - Investing in Resilient Businesses

Thomas emphasizes the importance of investing in businesses with strong fundamentals and the ability to recover from temporary setbacks.

[00:22:19] - Analyzing Companies

Thomas outlines his process for analyzing companies, including the importance of understanding a company’s total addressable market (TAM) and economic moat.

[00:27:01] - The Importance of Being a Generalist

Thomas argues that being a generalist in investing allows for a broader understanding of multiple factors that contribute to a company’s success.

[00:31:02] - Evaluating Brands

Discussion on the current state of brands like Nike and Starbucks, and the challenges they face in maintaining brand strength.

[00:34:55] - The Role of Valuation

Thomas shares his approach to valuation, stressing the importance of keeping it simple and being conservative with growth projections.

[00:43:43] - Constructing a Portfolio

Insights into how Thomas builds his portfolio, including his strategy of buying in tranches and diversifying across 15-20 stocks.

[00:50:33] - Exciting Investment Opportunities

Thomas talks about his current interest in finding opportunities outside the “Magnificent Seven” and his analysis of companies like PayPal.

[00:52:12] - Writing and Communication Skills

Thomas shares tips on how he developed his writing skills to effectively communicate complex investment concepts.

[00:54:38] - Where to Find Thomas Chua Online

Thomas shares how listeners can connect with him through his website, SteadyCompounding.com, and social media platforms.

Get more from Thomas:

X: @SteadyCompound

Blog: Steady Compounding

Today's show is sponsored by:

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Mastering Money Management: Having the "Money Talk"

15 augusti 2024 | 43 min

Investing Lessons from Seven Powers: Analyzing Moats and Competitive Advantages

12 augusti 2024 | 37 min

Exploring the Power of Reading and Thinking with Giuliano Mana

8 augusti 2024 | 83 min

Mastering Economic Moats with Matt Cochrane

5 augusti 2024 | 54 min

Discover Kris (From Growth To Value) Heyndrikx's Strategies for Identifying and Investing in Multibagger Stocks

1 augusti 2024 | 56 min

How to Evaluate Stocks as a Beginner with Brian Feroldi

29 juli 2024 | 46 min

Secrets to Investing Success in Less Trendy Industries With Misfit Alpha

25 juli 2024 | 63 min

How You Can Have a Better Relationship with Money

22 juli 2024 | 38 min

Back to Basics: Sell Rules

18 juli 2024 | 33 min

Kyle Grieve Joins Us to Explore the World of Small Cap & Nanocaps

15 juli 2024 | 51 min

Back to Basics: All About Moats

11 juli 2024 | 37 min

Understanding Investment Frameworks: Jeff and Jason’s Ideas from Investing Unscripted

8 juli 2024 | 53 min

Back to Basics: Ranges of Outcomes in Investing

4 juli 2024 | 40 min

Insights on Selling Stocks and Evaluating Management from Brett and Ryan of Chit Chat Stocks

1 juli 2024 | 69 min

Back to Basics: Opportunity Costs in Investing

27 juni 2024 | 41 min

Digging Into Semiconductors: Analyzing Skyworks with Tyler Nash

24 juni 2024 | 50 min

Back to Basics: Avoiding Financial Statement Yellow Flags

20 juni 2024 | 50 min

IFB350: Investing Abroad - Understanding TSMC, Geopolitical Risks, and Foreign Companies

17 juni 2024 | 37 min

Welcome to Episode 350 of The Investing For Beginners Podcast! Today, Andrew and Dave delve into the intriguing world of international and tech investments. We'll kick things off by addressing a listener's question about investing in foreign companies and the unique challenges it presents, using TSMC's ADR as a case study. We’ll explore the impact of geopolitical factors, differing accounting standards, and cultural nuances.

Next, we shift gears to discuss the tech and energy sectors, focusing on the rising demand for cloud computing and green energy infrastructure. We'll highlight Microsoft's collaboration with Brookfield Asset Management, Georgia's new nuclear facilities, and the US's electricity infrastructure needs. Plus, we'll predict the future landscape of cloud powerhouses like AWS, Microsoft Azure, and Google Cloud Platform, and debate whether chip manufacturers like TSMC or AMD may get crowded out.

We'll also tackle the controversial topic of investing in Palantir, diving into its high PE ratio, stock-based compensation, and Dave's evolving perspective on its potential. Wrapping up, we'll consider the opportunities and risks of investing in the burgeoning cloud industry, from data centers to power back-ups.

Stay tuned for an insightful episode packed with expert advice on navigating the complex terrains of international and tech investments!

00:00 Consideration of different accounting standards in global business.

03:19 Understanding cultural differences crucial for international investing.

07:02 High PE means more risk, but depends.

10:08 Palantir's potential growth and stock volatility explained.

14:48 Comparing computing power: AWS vs Azure.

18:11 It's hard to pick a winner. Invest wisely.

21:08 Data centers expanding for faster customer access.

25:29 US infrastructure needs significant investment for improvement.

26:33 Interest in learning tech and energy related areas.

29:47 Emphasize safety while investing. Have a great week!

Today's show is sponsored by:

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Back to Basics: Understanding Efficient Markets for Beginners

13 juni 2024 | 31 min

IFB349: Stock Splits, Diversification, and European Markets

10 juni 2024 | 40 min

Back to Basics: The Best Way to Read a 10k

6 juni 2024 | 49 min

Welcome to The Investing For Beginners Podcast! In this episode titled "How to read a 10-K," Dave and Andrew dive deep into the world of annual reports, discussing the critical role a 10-K plays in helping investors understand a company's performance and risks. They share their approaches to navigating complex financial information, filtering companies based on key indicators, and the importance of understanding different business metrics. From deciphering cash flow statements to uncovering potential blind spots in company risks, join our hosts as they unravel the intricacies of reading and analyzing 10-K reports. Learn how experience, note-taking, and deep thinking can empower you to make informed investment decisions as they explore the fundamental elements of company analysis. Stay tuned for invaluable insights on investing practices and techniques that can enhance your investing journey.

00:00 Publicly traded companies require 10-K for transparency.

04:47 Approach company analysis by focusing on revenue.

06:39 Using Finchat, I evaluate company financials.

10:14 Long-time user biased by positive experiences.

13:43 Focus on cyclical companies, especially John Deere.

17:38 Company focus on tech; understand key aspects.

21:46 Evaluate Netflix using shortcuts, like Finchat and Quickfs.net, plus cash flow deductions.

25:20 Netflix revenue segmented by geography, US growth.

28:32 Analyzing KPIs, creating more questions, educational experience.

30:13 Writing things down helps learn and retain.

34:19 Analyzing company's debt and potential future issues.

37:05 Analyze company checklist, research, and evaluate competitors.

40:35 Time spent thinking crucial for successful investing.

Today's show is sponsored by:

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Scott Hanson on Fiduciary Responsibility and Financial Planning for Beginners

3 juni 2024 | 48 min

Welcome to "The Investing For Beginners Podcast." In today's episode, we welcome Scott Hanson, co-founder and vice chair of Allworth Financial. As a fiduciary advisor with extensive experience in financial planning, Scott provides valuable insights on several key topics.

We'll discuss recent Department of Labor regulations emphasizing fiduciary responsibilities for 401k plans, the shift in retirement trends, and the evolving landscape of financial advising. Scott will explain why smaller investors should consider subscription or fee-based models and the importance of comprehensive financial planning with a tax perspective.

We'll also cover the changing concept of retirement, the critical role of 401k savings, and why Social Security should not be your sole retirement plan. Additionally, Scott will share tips on properly vetting your financial advisor and the importance of building a trusting relationship.

Whether you're starting your financial journey or refining your investment strategies, this episode is packed with actionable advice and industry insights. Tune in as we explore these crucial topics and more with Scott Hanson.

00:00 Surround myself with smart people, seek growth.

03:55 Conflicts in financial product distribution and commissions.

07:37 Advisors should act as fiduciaries at all times.

12:01 New financial planning model includes various fees.

13:53 Building trust in relationships crucial for financial advice.

17:32 No free lunch, watch insurance company claims.

22:02 Iras require fiduciary management; game changing.

23:34 Financial advisors help achieve goals through planning.

26:57 Young financial advisors need people skills, persuasion.

31:29 Gut feeling: Benefits to wealthy will decrease.

33:24 Financial independence ideal, retirement evolving, work options.

37:38 Personal responsibility crucial for financial security, government assistance.

40:00 Assisting with financial planning and mentoring new advisors.

Learn more about Scott and his firm here:

Allworth Financial

Today's show is sponsored by:

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Back to Basics: Essential Portfolio Maintenance for Investors

30 maj 2024 | 39 min

IFB348: The Art of Stock Picking - Expectations and Realities

27 maj 2024 | 43 min

Back to Basics: Effective Tools for Tracking Your Investment Performance

23 maj 2024 | 37 min

IFB347: Listener Q&A - Exploring Amazon’s Stake in Rivian and Strategic Investment Insights

20 maj 2024 | 43 min

Welcome to episode 347 of The Investing For Beginners Podcast! Today, hosts Andrew and Dave discuss key investment topics for all levels of investors. We’ll start by examining the importance of SIPC insurance in protecting investments and the strategy behind holding multiple IRA accounts. We'll then discuss transitioning from growth to dividend-paying stocks as retirement approaches, exploring the benefits and risks.

Next, we'll analyze a company with less than 1% revenue growth over the past decade, discussing its viability as a bond substitute or income-generating asset considering its slow dividend growth and steady free cash flow. We'll delve into company life cycles, spotlighting Watsco and using Berkshire Hathaway as an example to explain complex financial concepts.

We wrap up with a look at 3M’s financial challenges and what they mean for investors. For more resources and insights, visit einvestingforbeginers.com. Join us to enhance your investment strategy and decision-making.

00:00 FDIC insures your money up to $250k.

04:12 This doesn't cover losses in your investments.

08:07 Focus on overall financial picture for retirement.

10:11 Invest in growth stocks, consider future dividends.

13:14 Consider market diversification for long-term security.

17:53 3M stock underperforms market with flat revenue.

22:20 Investment approach and types of investors discussed.

24:15 Company needs to reinvigorate business to grow.

26:23 Lesson learned: be vigilant with financial statements.

30:00 Watsco owns 80% of store, affects finances.

33:49 Amazon trucks easy to use and efficient.

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Back to Basics: Essential Tools for Investors

16 maj 2024 | 44 min

Welcome to another episode of The Investing For Beginners Podcast. I'm your host, Dave, joined by Andrew. Today, we're exploring essential tools every stock picker needs, from Excel to advanced platforms like Bamsec and Finchat IO. We’ll discuss how these tools aid in understanding business operations, verifying financial data, and making informed investment decisions.

Andrew and I will share our experiences with tools like Excel and the Little Package Evaluation for financial analysis and valuation. We'll also discuss diversifying investment idea sources, from financial statements to social media insights from Twitter and Substack.

Today’s goal is to show you how to use these tools to understand a company's revenue generation and its potential as an investment. Whether you’re generating new investment ideas or refining strategies, this episode offers valuable advice to enhance your investing skills. Tune in to learn how to leverage these tools to advance your investment acumen.

00:00 Google helps understand businesses with tools.

05:03 Visualizing helps me understand complex concepts better.

08:58 Comparing company revenues requires adjusting for scale.

12:42 Consider investing in companies with Finviz.com.

13:32 Investment ideas from blogs and newsletters save time.

18:09 Discover investment ideas through investor portfolio analysis.

22:12 Substack offers more free content but limited information.

24:15 Use dollar sign and capital ticker symbol.

28:48 Excel simplifies financial analysis; valuable tool.

32:26 Discounted cash flow models determine future cash worth.

35:34 Estimate revenue and terminal growth rates realistically.

37:50 Comparison of financial analysis tools and platforms.

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Bird's Eye View: Reddit IPO

12 maj 2024 | 38 min

Welcome to a fascinating new episode of The Investing For Beginners Podcast! Today, your hosts Andrew and Dave will dive into the much-anticipated IPO of Reddit. As seasoned investors who typically steer clear of IPOs, they find it intriguing to unpack Reddit’s introductory documents to better understand its financial health and strategic direction. Throughout the episode, they'll explore Reddit’s user engagement and compare its financial metrics, like the Average Revenue Per User (ARPU), with those of other social media giants such as Facebook and Twitter. Despite the challenges in evaluating a fresh IPO like Reddit, they’ll dissect the S-1 document, spotlight the company's R&D allocations, and discuss the implications of its user base growth potential. Whether you’re a potential investor or just curious about Reddit’s next steps in the public sphere, this episode will equip you with key insights into making more informed investment decisions. Stay tuned as Andrew and Dave weigh the risks and opportunities that come with investing in an IPO, all while emphasizing the importance of a margin of safety.

00:00 Investing for Beginners podcast analyzes Reddit's recent IPO.

03:29 IPO: Company goes public, anyone can buy.

08:48 Public companies need proven track record, growth runway.

11:17 Reddit offers intellectual engagement, less aimless scrolling.

15:29 Comparing Facebook and Reddit's business monetization strategies.

18:46 Concerns about Reddit's future growth and profitability.

20:47 Muted response to Reddit going public discussed.

23:29 Good revenue growth, high R&D spend. Concerns.

29:20 Reddit has loyal user base, lacks investor appeal.

32:21 Discussion on IPOs, Reddit's IPO, and investment.

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Back to Basics: Using Time Horizons to Your Investment Advantage

9 maj 2024 | 29 min

IFB345: Listener Q&A - How to Utilize the 4% Rule for Lasting Wealth

6 maj 2024 | 30 min

Back to Basics: Portfolio Sizing and Diversification Strategies

2 maj 2024 | 38 min

IFB344: Understanding Business Cycles and Fundamentals

29 april 2024 | 35 min

Back to Basics: Identifying Value Traps and Bankruptcy Signals

25 april 2024 | 29 min

IFB343:Investing in Nvidia and Tech's Value Chain - Risks and Opportunities

22 april 2024 | 39 min

Back to Basics: Understanding Mr. Market's Behavior for Successful Investing

18 april 2024 | 33 min

Welcome back to another episode of The Investing For Beginners Podcast, where we dive deep into the essentials of investing to help you become a savvier market participant. Today, we’re continuing our "Back to the Basics" series with a fascinating discussion about the concept of Mister Market, a term coined by Benjamin Graham, the mentor of Warren Buffett.

Our hosts, Andrew and Dave, will guide us through understanding Mister Market's role as a temperamental business broker whose daily price quotes can stir emotions and create opportunities for investors. They'll share insights into separating stock performance from business facts, forming independent opinions away from prevailing narratives, and maintaining a healthy detachment from market hysteria.

Join us as Andrew and Dave break down the fine line between market noise and actionable investment signals, explore historical cases where going against the herd paid off, and remind us of the importance of focusing on a company's financial health when evaluating its stock. So, put on your thinking cap, and get ready for some valuable investing wisdom. Let's get started!

00:00 Mister Market is a chaotic, persuasive figure.

03:26 Market fluctuates, hold onto valued businesses.

06:47 Focus on financials, not market speculation.

10:07 Market sentiment shifts, seize opportunity in drops.

14:15 Challenging narrative biases to seize investment opportunities.

17:13 External influences shape critical thinking and perception.

19:36 Research, positive financials, customer confidence in American Express.

25:21 Separate stock movement from business performance, think independently.

26:26 Read annual reports, form independent business thoughts. Pay attention to financial data, avoid emotional narratives.

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IFB342: Benefits of Individual Investing - Compounding, Lower Fees, and Long-term Perspectives

15 april 2024 | 39 min

Hello and welcome to The Investing for Beginners Podcast, episode 342. Today, we'll dive deep into the nuanced world of REITs, as hosts Andrew and Dave shed light on the benefits, challenges, and strategies for investing in this unique asset class. Are you looking to enhance your portfolio's dividend potential, or maybe you're trying to understand the complexities of funds from operations? We've got you covered.

A hot topic in this episode is the impact of interest rates, the ongoing work-from-home movement, and the weighty influence of political scenarios on your investment strategy. With elections around the corner, we’ll explore whether it’s prudent to adjust your financial sails or stay the course.

We also answer Cheryl's pressing question about the logic behind dedicating a portion of your portfolio to REITs, diving into the sage advice of Benjamin Graham on diversification. Plus, we provide a word of caution to those looking to pinpoint that perfect REIT ETF or stock.

Additionally, Jeff, a listener approaching retirement, seeks advice on optimizing his investment options, including a 401k and a Walmart stock plan. We’ll break down the merits of maximizing employer matches and the advantages of Roth IRAs as part of a retirement strategy.

We’re not just looking at the macro picture; we also dissect the psychology of managing stock positions. Hear from Andrew as he compares holding onto successful stocks with keeping a star basketball player on your team.

And for individual investors, we discuss the compelling advantages you hold over the big financial institutions, highlighting real-life success stories to fuel your investment journey.

00:00 Maximize 401k, consider rebalancing, evaluate investment options.

03:08 Managing Wells Fargo stock in 401K.

06:33 Invest in index funds for success and relaxation.

13:07 Invest in smaller companies for big returns.

16:23 Political power doesn't impact stock market returns.

19:16 Wait and see before making decisions.

22:35 Subscribe to value spotlight for full context.

24:58 REITs offer great dividends, but face challenges.

29:31 Evaluate selling shares, consider investment returns, forecast future.

32:01 I'm wary of losing life savings. Sell = sad lie.

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Back to Basics: The Power of Dollar Cost Averaging

11 april 2024 | 30 min

IFB341: Navigating Stock Market Volatility - A Guide for Beginners

8 april 2024 | 34 min

Welcome to another episode of The Investing For Beginners Podcast! I'm your host, Dave, joined by my co-host, Andrew. Today, in Episode 341, we dive into the chaotic world of the stock market and demystify how it often diverges from actual business performance. We bring back the story of Mr. Market, our quintessential persona that symbolizes the daily highs and lows on Wall Street, and how these swings don't always reflect a company's long-term value.

In this episode, we discuss the importance of an investor's mindset that prioritizes a deep understanding of a business's fundamentals over reacting to market noises. To illustrate this, we share a compelling case study of Ajin, a company we held onto despite a worrying drop in stock price because we understood its strong underlying fundamentals and growth potential in the ever-evolving payments industry.

We'll also tackle some of your burning questions about starting to invest later in life, like Gino, who's 45 and beginning from scratch. Don't worry, we've got practical steps for everyone, regardless of how much you can start with or how late in the game you are.

As always, we encourage all our listeners to reach out via Shopify, Twitter, or email with your questions, and remember to check out episodes 43-47 if you're new to the market.

00:00 Investing is about long-term growth, not speculation.

06:24 Set budget, develop saving habit, open account.

08:55 Learning to handle volatility is crucial for growth.

12:17 Evaluating stocks versus ETFs for easier decision.

14:25 Stock investing: focus on long-term execution.

17:48 Stock performance tied to company fundamentals over time.

21:18 Cycle of hiring to spur company growth.

26:01 Long way to go for simplified payments.

28:44 Thank you for questions, send more.

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Back to Basics: Concentration vs Diversification - Crafting Your Investment Strategy

4 april 2024 | 35 min

IFB340: The Pricing Power Debate and Investment Strategies for Beginners

1 april 2024 | 44 min

Welcome back to The Investing For Beginners Podcast, I'm your host Dave, joined by Andrew, and you're listening to episode 340. Today, we're diving into the critical concept of pricing power and its role in defining a company's moat, especially in heavyweight players like Nvidia and Tesla. As we wade into the debate on whether pricing power is essential for a competitive advantage, we'll also uncover how to spot it in businesses, taking cues from giants like Coca-Cola, Costco, and Apple.

But it's not just about the big names; we'll examine companies that may lack this power, including Lululemon and Airbnb, and why industry giants like Uber and Lyft face challenges due to low barriers to entry. How does pricing power tie into long-term investment success? We explore this, especially in the context of a high-inflation environment.

Later, we pivot to a listener question about the merits of investing in index funds, like Fxaix, versus the peculiarities of the pharma industry with examples like Pfizer. And if you're wrestling with the idea of choosing between dividends or dynamic companies for your portfolio, our discussion on ETFs and traditional index funds is a must-listen.

So, whether you're a seasoned investor or just starting out, join us as we break down these complex topics and offer insights to help you invest with a margin of safety.

Remember to send in your questions for future episodes to [email protected], and until next week, here's to smart investing and wishing you all a great week ahead!

00:00 Diversify with index funds, explore personal interests.

05:39 Understanding pharma industry dynamics, patents, and risk.

07:55 Patent expiration affects pharmaceutical company's future prospects.

11:05 P. Morgan book: jargon, banking, personal interests.

14:42 ETFs can vary due to holdings, rebalancing strategies.

17:35 S&P 500 returns higher than ETF's yield.

22:16 Consider higher dividend yield from respected investors.

24:10 Invest in ETFs and index funds for success.

30:14 Limited resources like bitcoin, high demand.

33:05 Costco's competitive advantage leads to pricing power.

35:34 Pricing power drives long-term revenue growth.

38:34 Agreement on examples, show wrap-up, call for questions.

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Back to Basics: Unveiling Nick Sleep's Investment Strategy: Destination Analysis for Long-Term Value

28 mars 2024 | 37 min

IFB339: Applying Base Rates to Stock Picks: Insights from Michael Mauboussin's Expertise

25 mars 2024 | 46 min

Andrew: Welcome to episode 339 of The Investing For Beginners Podcast. I’m Andrew.

Dave: And I'm Dave. Today we are examining the crucial interplay between market expectations and the evolution of companies, underscored by recent executive changes at Disney.

Andrew: Our focus extends to the practical applicability of base rates in valuation—a method for investors to ground their growth expectations in reality, inspired by the meticulous research of Michael Mobison.

Dave: We will delve into the pivotal metrics, such as CFROI, that savvy investors should monitor to judge a company's reinvestment efficiency and potential for long-term growth.

Andrew: And we cannot overlook the phenomenon of reversion to the mean, a fundamental principle that impacts companies across different stages of growth, sectors, and market valuations.

Dave: This episode is about equipping you with the tools and knowledge to navigate the complexities of investment opportunities with a critical eye and a measured approach.

Andrew: Prepare to engage with a conversation that’s as informative as it is imperative for anyone serious about their investment journey.

00:00 Gravity of capitalism and stock market cycle.

06:14 Sales growth vital for company's continued success.

08:49 Sales growth reverts to mean over time.

11:41 Research shows most stocks grow modestly yearly.

16:35 Market reversion to mean: fear and greed.

19:07 Legacy companies may lose or gain market share.

20:42 Adversity spurs creativity, innovation doesn't follow straight paths.

25:22 Understanding revenue and sales growth for companies.

28:15 Using base rates for reasonable revenue growth.

30:55 Value investing can lead to high returns.

35:40 Correlation between CFROI and sustainability in sectors.

39:50 Focus on specific sections for actionable results.

41:01 Encouraging safe investing, have a great week.

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Base Rate Book

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Back to the Basics: Standing on the Shoulders of Giants

21 mars 2024 | 37 min

Sales, AI, and Entrepreneurship: A Conversation with Braden Dennis of Finchat.io

18 mars 2024 | 51 min

Dave: Hello, eager investors! Welcome back to The Investing For Beginners Podcast. I'm Dave.

Andrew: And I'm Andrew. In today’s episode, we're thrilled to welcome Braden Dennis, the innovative mind behind Finchat, a pioneering firm at the intersection of AI and equity research.

Dave: Braden's going to share the origin story of Finchat, the significance of fundamental research in investing, and how the company is transforming financial data accessibility for professional investors.

Andrew: He's not just a founder; Braden is a testament to the power of passion and grit in entrepreneurship. Starting from simple no-code tools, he has grown Finchat into a partner of multi-billion dollar hedge funds.

Dave: From the potential of AI to change the business landscape to the challenges of startup funding, Braden's insights are invaluable. And for those wondering about entering the tech world without coding expertise, he has some game-changing advice.

Andrew: Prepare for a wealth of knowledge on tech investments, market bubbles, and the entrepreneurial spirit. Let's dive right in with Braden Dennis.

00:00 Always knew I was passionate about success.

06:17 Investors share data and insights online analysis.

09:36 Chemical engineer turns to online stock trading.

13:35 Compete for attention, stand out by asking.

15:55 Co-founder impressed by success with poor product.

20:24 LinkedIn post goes viral, touts Finchat over Bloomberg.

23:12 Venturing into high risk for big returns.

27:37 AI redefining equity research for professional investors.

28:46 Request graphs and lists for retrieval purposes.

32:48 Buffett ready for important decisions, advocating AI.

37:08 Tech company cash flow projections exceed expectations.

41:25 Investors must discern hype from real potential.

43:16 Start now, save money, be entrepreneurial. Find me @BradoCapital, Canadian Investor podcast, Finchat IO.

45:37 Sign off with emphasis on investing safely.

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Have questions? Send them to [email protected]

Find more about Braden:

Finchat.io

@BradoCapital

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Back to the Basics: History of the Stock Market + The Power of Compounding

14 mars 2024 | 33 min

IFB338: From Valuing Companies to Picking Brokers: Essential Advice for New Investors

11 mars 2024 | 43 min

Welcome to episode 338 of The Investing For Beginners Podcast! This is your host Dave, with co-host Andrew, and we've got a value-packed episode for you today.

We're breaking down the ins and outs of dollar cost averaging, comparing our philosophies to the likes of investing greats Warren Buffett and Charlie Munger. Plus, we tackle a critical question—how to figure out a stock's valuation and whether it's over or undervalued, demystifying free cash flows and market expectations.

Discover the best beginner-friendly stockbroker firms, understand the benefits of ETFs like VTI and SPY, and learn the practical steps to kickstart your investment journey.

We're delivering key insights on DCFs for company valuations while also touching on the essential resources and practices you need to master the art of investing.

So if you're ready to level up your investing game and find clarity amidst the market noise, you've come to the right place. Let's dive right in!

00:00 Research fees, ease of fund transfer important.

05:34 ETF options: VTI for US market, SPY for S&P 500.

07:20 Invest in ETFs for lower stress, fees.

13:21 Company value tied to cash flows, market expectations.

15:00 Using DCFs to estimate company value. Applying margin of safety to account for biases.

18:26 Businesses have life cycles, uncertain to predict.

23:01 Tools for financial analysis and note-taking.

24:15 Dig deep into company growth; inventory-sales disconnect.

29:41 Invest first hour of your day in yourself.

32:27 Consistent investing can protect from market fluctuations.

33:51 Diversifying investments through regular dollar cost averaging.

37:16 Concluding conversation with insightful and hopeful answers.

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Back to Basics: What is Your Dream? What is Your Why?

7 mars 2024 | 27 min

IFB337: Investing with a Margin of Safety: A Strategic Approach

4 mars 2024 | 34 min

Welcome back to The Investing For Beginners Podcast, this is episode 337, and I'm your host Dave, along with co-host Andrew. Today we delve into the intricacies of stock prices and their movement—or lack thereof. Andrew kicks things off by discussing why stocks might stagnate due to reasons such as overpaying and uncertain prospects, while I'll touch on how some companies might just slip under the radar, creating illiquidity in trading.

In this episode, we'll also unpack the meaty concept of a stock's terminal value, with a nod to tech giants like Walmart and Apple, and talk about how expectations for future growth can hugely influence stock returns – thinking about companies like Zoom and Peloton during the pandemic.

As we weave through these topics, we'll tackle the big question many of you have: should your hard-earned money go into a high-yield savings account or an index fund? It's all about what you're saving for and your timeline - we'll guide you through these choices, from short-term goals like a house or a car, to long-term plans such as retirement, highlighting the importance of dollar-cost averaging.

We're also hitting on the rapid price escalations of companies like PayPal and Nvidia, and what it means to "grow into their valuations." Plus, we have an audience question from Rachel about the sometimes puzzling differences between depreciation and amortization on cash flow and income statements. We'll clear the air on that, so you understand the impact on a company's financial health without getting bogged down in the numbers.

And remember, as Einstein said, "Make it as simple as it needs to be and no simpler." Are you ready to demystify investing? Let's get into it!

00:00 Investing in stocks needs long-term time horizon.

05:24 Time in market beats timing market, habitually invest.

06:26 Consistently invest in market for long-term benefit.

11:23 Accounting principles: balancing revenues, costs, and statements.

13:59 Income statement items explained including non-cash expenses.

16:33 Buyers knew company's greatness; uncertainty about future.

19:55 Finance industry values long-term prospects of stocks.

24:02 Anticipation of revenue growth drives stock prices up.

27:37 Active investing requires diligence and attention to detail.

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IFB336: Navigating Investment Strategies - Diversification vs. Sector Focus

29 februari 2024 | 41 min

Welcome to The Investing for Beginners Podcast, I'm Dave, joined by Andrew. In episode 336, we tackle the myths around imitating investment giants like Warren Buffett and emphasize forging your own path in the financial markets.

We debate the merits of diversification vs. selecting top-tier businesses, with Andrew sharing his personal investment principals and sectors to avoid. We also examine the intricacies of capital spending and R&D investments, underscoring the success stories of Microsoft and Apple to illustrate our points.

Later, we discuss evaluating management quality and competitive edge in the market, sprinkling in resources like Michael Porter's literature and "Seven Powers" by Hamilton Helmer for those wanting a deeper understanding.

For our beginners, we stress starting small, using trusted brokers, and keeping a long-term mindset. We advocate for learning the ropes of the stock market gradually, reassuring you that everyone makes mistakes along the way.

So buckle up for a straightforward, wisdom-packed episode aimed at helping newcomers navigate the investment landscape with confidence. Let's get started!

00:00 Approach investing as a lifelong learning journey.

03:54 Experience stock market by investing wisely.

09:38 Tech dominates market, diversify for best returns.

13:06 Diversified portfolio focused on individual stock performance.

14:44 Focus on finding best business, not sectors.

20:13 R&D is crucial for creating new products.

21:58 Compare margins and spending to revenue growth.

27:23 Incorporating stock analysis into long-term investment strategy.

29:30 Evaluate business management by measuring financial performance.

32:18 Analyze performance, compare numbers in retail industry.

35:16 Encouraging sign-off after discussing awesome book.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

Today's show is sponsored by:

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IFB335: A Comprehensive Look at Five Vital Valuation Metrics for Investors

26 februari 2024 | 34 min

Welcome to episode 335 of the Investing for Beginners podcast! In this episode, Dave and Andrew dive into a comprehensive discussion about five valuation metrics that can help investors understand the value of a company. They start by explaining the simplest and most frequently used shortcut for evaluating stocks, known as the price to earnings ratio. They also cover the importance of understanding how different metrics apply to companies in various stages of their lifecycle. Additionally, they share insights into the price to free cash flow, price to sales, and price to gross margin metrics before delving into the fascinating world of discounted cash flow (DCF) models. Throughout the discussion, they emphasize the importance of not relying solely on these metrics for investment decisions and highlight the need to compare and interpret them within a larger investment strategy. Prepare to gain valuable insights from this episode as Dave and Andrew shed light on essential valuation techniques and provide practical examples to help simplify the complex world of stock valuation.

00:00 PE ratio not suitable for cyclical companies.

03:14 Consider industry differences when comparing performance metrics.

08:04 Price to free cash flow provides crucial insights.

09:39 Sales indicators are more consistent than earnings.

12:55 Price to sales reveals company's value better.

17:44 Superior product, efficiency, technology, potential moat, pricing power, Buffett's investments: key investment indicators.

19:46 Simplify investment evaluation and future cash flow.

22:30 Valuing business using discount rate for negotiation.

26:47 Free email series teaches building DCF model.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

P.S. Want to grow as an investor?

Learn to Start valuing a company in 7 days for free.

Discover the 6-step process to value companies. Unravel the mystery of valuing Google, Microsoft, Amazon, and more.

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IFB334: Finding Investing Inspiration - Analyzing the Top Companies of the Year, Year After Year

22 februari 2024 | 28 min

Investing for the Next Generation: A Conversation with Matthew Roseberry

19 februari 2024 | 38 min

Dave: Welcome to The Investing For Beginners Podcast. I'm your host Dave, joined by my co-host Andrew. Today, we present a compelling episode with Matthew Roseberry, titled “Matthew.”

Andrew: Matthew, an author and self-taught investor inspired by investing legends Buffett and Munger, shares his journey and strategies that simplify investing for the younger generation.

Dave: Beyond numbers, it's the investor's psychology that Matthew underscores, using examples like the renowned Coca Cola. We'll explore how to introduce teens to investing through their existing interests and the imperative concept of compound interest.

Andrew: With a look at Activision Blizzard’s moat within the gaming sector and the benefits of company founders at the helm, Matthew imparts his knowledge that serious investors should not overlook.

Dave: So stay tuned for a thought-provoking discussion on investing fundamentals and strategies tailored for longevity and success.

00:00 Interest in making money led to investing.

05:53 New investors don't need to overcomplicate things.

07:29 Coca Cola's marketing builds share of mind.

12:46 Founder-led companies prioritize simplicity and user-friendliness.

15:21 Conflict with Charlie on Costco board avoided. Costco's ethical, customer-focused business model emphasized.

17:04 Activision Blizzard is a social network for gamers.

21:03 Acquiring Activision will lead to long-term profit.

25:34 Start with what you love: investing advice.

29:01 Compound interest key for teenagers' long-term wealth.

31:45 Book on investing like Buffett and Munger. Suitable for teenagers and new investors. Emphasizes the power of incentives in investing.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

IFB333: Free Financial Tools - Accessing Relevant Ratios and Revenue Sources

15 februari 2024 | 32 min

IFB332: Listener Q&A - From Paycheck to Paycheck and Starting to Invest

12 februari 2024 | 43 min

IFB331: 6 Ways to Avoid Buying High and Selling Low

8 februari 2024 | 46 min

IFB330: Balancing the Art and Science in Valuation

5 februari 2024 | 49 min

Welcome back to The Investing For Beginners Podcast, episode 330! I'm Dave, and with me is my co-host Andrew. Today, we're unpacking the significance of ROIC and price to free cash flow in company analysis. Understanding these numbers could be the difference between picking a gem and falling for a dud.

We're also exploring the intricate balance between art and science in investing. Whether you lean towards growth or value strategies, we'll discuss how intuition and analytical rigor shape your investment choices.

For an extra special twist, Andrew and I are in the same room, broadcasting live together for the first time ever! We'll dissect the theory of intrinsic value and the conundrum of market inefficiencies, taking a close look at intriguing cases like Netflix.

Plus, we'll get into the nitty-gritty of P/E ratios and how market sentiment reflects in these figures. Ready for a journey into the heart of investing wisdom? Stay tuned as we merge hard data with gut feeling in this unique episode of The Investing For Beginners Podcast!

00:00 Intrinsic value: easy to visualize, agreed societal worth.

03:41 Efficient market theory, new info affects stock prices.

07:06 Science of stock valuation focuses on numbers. Art involves interpreting news and industry for value.

12:37 Comparing Visa and PayPal’s revenue growth.

15:22 PayPal and Visa acquisition prospects diverge.

16:44 Balancing intuition and logic in investment decisions.

20:47 PE ratio gives relative idea of value.

26:20 Higher ROIC linked to higher company valuation.

28:40 Different types of businesses have different ROICs.

32:39 Long-term decline leads to shareholder value destruction.

35:39 Growth investing values future, value focuses on past.

37:56 Mature businesses are more stable than growth.

41:26 Invest in companies with growth potential and stability.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

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Noah Kagan on Building Million-Dollar Ventures with Zero Experience

1 februari 2024 | 52 min

We are excited to have Noah Kagan, author of the Million Dollar Weekend to our show. Noah has been a huge influence on both Andrew and I over the years.

Noah is an entrepreneurial visionary who challenges traditional notions about what it takes to start a business. Contrary to popular belief, he asserts that neither an Ivy League education nor substantial funds are prerequisites for success. With a skeptical view on the need for a formal education or extensive courses to launch a venture,

Noah advocates the entrepreneurial path as the ultimate investment. He believes in the potential for unlimited returns, making it an opportunity that transcends conventional investments. Noah's journey and insights offer a fresh perspective to beginners eager to step into the world of business without the constraints of conventional wisdom.

00:00 Invest capital, start business, make significant sales.

05:48 Focus on action, ask for what you want.

08:28 Solving problems leads to business opportunities.

12:14 Investing for the long term mindset success.

15:46 Stick with building software, service for 100 days.

17:45 Neighbors reject business idea, reflect on skills.

20:30 Search docusign emails, talk to contacts, simplify.

25:25 Compounded momentum in business, longevity needs acknowledgment.

28:04 Instagram showcases idealized lives, but hides struggles.

32:31 Rejection and failures are learning opportunities.

35:44 Overcoming fear of rejection leads to growth.

38:56 "Start small, build courage, gain confidence, succeed."

40:48 Invest wisely, pursue happiness, change generational cycles.

46:21 Noah's book inspired successful entrepreneur journey.

47:07 Noah, thanks for your valuable, inspiring message.

You can find more about Noah including his wonderful book here:

NoahKagan.com

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Find great investments at Value Spotlight

Have questions? Send them to [email protected]

Today's show is sponsored by:

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Back to the Basics: Investment Strategies for Lifecycle Stages

29 januari 2024 | 43 min

Welcome to The Investing For Beginners Podcast. I’m Dave.

Andrew: And I’m Andrew. In today’s episode, 'B2B,' we delve into the critical investment stages from initial accumulation to retirement's harvest.

Dave: Understanding the dichotomy between investment and speculation is essential, and we’re here to navigate these sometimes murky waters.

Andrew: We'll examine how astute investments in stalwart companies like Microsoft can lead to significant wealth accumulation and discuss the transformational impact of informed portfolio choices.

Dave: The conversation will extend to the nuances of stocks, bonds, and an analysis of contemporary investment strategies, highlighting the delicate balance between risk and reward.

Andrew: Whether considering the resurgence of investment clubs or choosing between growth and value investing, the discourse will be grounded in pragmatism for the disciplined investor.

Dave: Today’s insights are geared towards equipping you to make strategic decisions with a long-term view, ensuring a robust financial future.

00:00 Investment journey phases and strategies based on age.

04:18 Stock market has risks, consider consulting advisor.

08:38 Investing in assets that produce value.

10:33 Investing in new stocks can be speculative.

13:48 Accredited investing offers different opportunities, risks.

18:30 Stocks= high potential, high volatility. Bonds= growth, less risk. Money market= safety, low returns.

21:37 Index funds suit passive investors, individual stocks active.

24:31 Investing requires research and commitment to succeed.

29:08 Value investors seek discounted, stable, growing companies.

31:50 Success in growth investing relies on market timing.

36:19 Learn basics, pay attention, find your style.

37:27 Closing remarks on investing with emphasis on safety.

Today's show is sponsored by:

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Back to the Basics: Investing Simplified - Practical Advice Inspired by Peter Lynch

25 januari 2024 | 45 min

Dave: Hello and welcome to The Investing For Beginners Podcast. I'm Dave.

Andrew: And I'm Andrew. Today, we're tapping into the legendary wisdom of Peter Lynch in our episode "Peter," revealing insights for both new and veteran investors.

Dave: We'll be discussing Lynch's unbeatable record at the Magellan fund and how his strategies, like focusing on suppliers during a gold rush, apply today with examples like Taiwan Semiconductor.

Andrew: We're also dissecting why knowing your investments well is crucial, especially in volatile times. Strong balance sheets have proven crucial and can really set companies apart during crises.

Dave: Definitely, Andrew. Plus, we're touching on the idea that investing doesn't require complex math, just focused research. And we'll explore the important long-term link between a company's earnings and stock performance.

Andrew: So tune in as we distill the teachings of one of the best investors around and apply them to today's market. Let's get to the heart of smart investing.

Dave: Ready to boost your investment IQ? Here we go. And remember, have a great week, folks!

[Transition Music]

00:00 Thinking about investments in terms of supply chain.

03:05 Investment opportunities related to semiconductor industry products.

07:20 Prepare and research to avoid panic selling.

10:35 Research and understanding lead to better investments.

13:08 Use finviz.com, stock screener, to find specific stocks.

19:12 Company's future unpredictable, pay price wisely.

22:31 Understanding business matters for long-term investment success.

23:35 Importance of balance sheets in avoiding problems.

28:40 Finance is exponential, outliers have huge impact.

32:27 Stock market drops create investment opportunities.

33:34 Investors recognize undervalued stock's future potential.

38:22 Long-term investment success depends on forward thinking.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

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The Personal Finance Podcast

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IFB327: Beginner's Guide to Investing - $500 Strategies and Understanding Dividend Yields

22 januari 2024 | 43 min

Unveiling the World of Microcap Stocks with Expert Ian Cassel

18 januari 2024 | 57 min

an Cassel hails from the distinctive region of Lancaster, Pennsylvania, an area known for its Amish community and pastoral charm. His upbringing in such a unique environment holds a special place in his life story, though it may not directly correlate to his professional journey. His narrative took a pivotal turn in the late 1990s when, as a teenager living through the dot-com boom, his parents presented him with a life-altering decision.

With $20,000 saved for his college education, they laid out the realities of his financial support, prompting Ian to weigh his future academic aspirations thoughtfully. This early lesson in financial responsibility and weighing the value of education against potential debt would be a cornerstone experience that shaped his approach to life and eventual career choices.

00:00 Lancaster, Amish country, limited college fund decision.

05:08 Lucky investment leads to full-time investor.

06:23 Rapidly learned microcap investing, founded Microcapclub.com.

12:45 Small businesses require independent research and conviction.

13:37 Microcap investing often misunderstood, less failure than assumed.

19:47 Scaling from microcap to macrocap requires structure.

20:47 Microcap investing offers small investors unique advantages.

27:00 Disconnect stock price from business valuation for advantage.

28:10 Averaging down can be a risky skill.

33:55 Focus on management ownership, valuation, and diligence.

37:36 Microcap investments require careful consideration of liquidity.

38:33 Testing smaller positions, adjusting based on performance.

44:08 Small cap stocks offer competitive advantage for investors.

46:24 Microcap investor risk: Avoid dilution, unsound companies.

50:22 Follow me on X or Twitter (Ian Castle) for microcap investing advice and resources.

IFB326: The Intersection of Growth and Value in Investing

15 januari 2024 | 38 min

Andrew Giancola's Journey: Pickleball Facilities and Automated Finance

11 januari 2024 | 52 min

Dave: Hello, investors! Welcome to a thrilling episode of The Investing For Beginners Podcast. I'm Dave, alongside Andrew, and we've got a real treat for you today.

Andrew: That's right! Andrew G of the Personal Finance Podcast is here, sharing his journey from finance enthusiast to pickleball facility co-owner.

Dave: He's diving into the world of essential businesses, revealing the ins and outs of seller financing, and discussing his innovative efforts in Tampa's first indoor sports facility.

Andrew: Plus, we'll talk about the importance of automating finances and investment strategies, like why he's a fan of ETFs and maximizing tax-advantaged accounts.

00:00 Automate everything for efficient financial management.

05:32 Automating savings and tracking expenses with tools.

07:15 Reduce stress by financial optimization and automation.

10:07 Index funds and ETFs simplify my finances.

14:02 Baby boomer retirement sparks business acquisition interest.

19:00 Business model focuses on classes, not memberships.

22:25 Investing in business for higher returns.

25:23 Concerns about business competing with local pickleball courts.

27:02 Unique indoor sports facility seeks expansion opportunities.

30:29 Real estate creativity requires legal understanding.

35:56 Verify coin and machinery function for car wash.

37:23 Key partners essential for long-term business success.

42:48 Expand pickleball, diversify into multiple businesses, retire.

45:07 Changed tree display, created additional revenue streams.

47:36 Encouraging listeners to check out dynamic podcast.

You can learn more about Andrew here:

Mastermoney.co

Instagram

Twitter(X)

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IFB325: Activist Investors: Reshaping Companies like Crown Castle

8 januari 2024 | 36 min

Wisdom from Buffett and Munger: Brian Feroldi Talks Quality Investing

4 januari 2024 | 39 min

Welcome to The Investing For Beginners Podcast. I'm Dave, and with me is Andrew. Today's episode, features special guest Brian Feroldi, who joins us to explore the wisdom of capital efficiency through the lens of storied investments like See's Candy. We pay tribute to investing legend Charlie Munger and discuss how his teachings have influenced the most successful investors.

Diving into the strategies of investing, Brian gives us his take on the risks and considerations of averaging down in the stock market. We look at cases like Uber's financials versus its stock price as we untangle the complex relationship between a company's story and market perception.

Brian also shares his educational endeavors and disciplined investing approach, emphasizing the significance of business fundamentals over market noise. Expect a wealth of knowledge and actionable insights for your investment journey. Let's jump right in!

00:00 Buffett led me to Munger; invaluable financial wisdom.

04:23 Munger influenced Buffett's value investing strategy.

07:56 Buffett emphasizes importance of capital light businesses.

12:05 Investing in index funds is safer than stocks.

16:14 Uber stock improving despite past profitability concerns.

17:24 Stock's value = today's numbers x future story.

20:37 Focus on financial fundamentals and business stability.

25:58 Limit capital allocation to 3% portfolio.

28:22 Tech stocks driving market, reminiscent of dotcom boom.

31:07 Free 5-day stock investing school course offered.

IFB324: The Art of Portfolio Diversification and Stock Picking Frequency

1 januari 2024 | 44 min

Hello, investors! Welcome to episode 324 of The Investing For Beginners Podcast. I'm Dave, here with Andrew. Today, we're answering a listener's question on how to smartly invest $100 a week in top-tier companies like Apple and Google. We're discussing the power of consistent investing, strategic compounding, and aligning your retirement goals with your investment plan.

We'll talk about the merits of investing a set amount monthly versus investing as much as you can when you can. Andrew shares his insights on creating a solid checklist for evaluating businesses, while I weigh in on when to sell stocks based on business fundamentals.

Expect to learn about crafting your own investing checklist with tips from investment legends, dive into the complexities of capital gains taxes, and the significance of getting professional tax and investment advice. Don’t miss our thoughts on diversification and the stress of frequent stock picking. Ready to boost your investing IQ? Let's jump into the mix!

00:00 Retirement costs vary based on lifestyle choices.

04:47 Consistency in investing is key for progress.

06:53 Monthly stock picking provides valuable research time.

12:22 Microsoft acquired Activision Blizzard in all-cash deal.

16:05 Broker helps simplify capital gains tax process.

19:23 Key questions drive understanding of Amazon business.

21:11 Understanding business models simplifies complex technology.

27:17 Evaluating investments: checklist, numbers, business dynamics, competition.

31:42 Focus on business fundamentals for investment decisions.

33:22 Balancing opportunities while avoiding constant change.

36:26 Prioritize risk factors to identify opportunities faster.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Find great investments at Value Spotlight

Have questions? Send them to [email protected]

Today's episode is sponsored by:

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Investing in Financial Knowledge with Val Agostino of Monarch Money

28 december 2023 | 43 min

IFB323: Understanding the World of Utilities - Analyzing Southern Company from a Beginner's Perspective

25 december 2023 | 32 min

Remembering Charlie Munger: Personal Reflections on a Legendary Investor's Impact

21 december 2023 | 33 min

IFB321: Getting Started with Investing in Stocks - Easy Steps for New and Tight Budgets

18 december 2023 | 26 min

IFB320: The Art of Analyzing Stock Price Drops and Investment Fundamentals

14 december 2023 | 38 min

The Investing Journey: Insights from Jeff & Jason of Investing Unscripted

11 december 2023 | 50 min

Welcome back to another episode of The Investing For Beginners Podcast – I’m Dave, here with Andrew, and today we're thrilled to chat with two ace investors from the Smattering Show (now changed to Investing Unscripted) – Jeff Santoro, known on Twitter as Market Musician, and Jason Hall, whose handle is @_TheSmattering. Both are esteemed contributors at Motley Fool and bring a wealth of experience and unique perspectives to our discussion.

In this episode, Jeff talks about his evolution from a music teacher to an astute investor, emphasizing his research-intensive strategy and a careful approach that values input from diverse sources. He’s transparent about his growing investments and his significant stake in index funds.

On the flip side, Jason stresses the need to question investment theses rigorously and his preference for a mix of stable, dividend-paying companies and growth stocks. His narative on an investment that didn’t pan out provides a sobering lesson on risk and resilience.

Together, they’ll touch upon the psychological aspects of investing, the importance of having a disciplined strategy to avoid rash decisions, and the role of technology in today’s investing landscape.

This episode is not just about stock picks and strategies—it also delves into the critical topic of financial literacy, reflecting on its current state within the educational system.

Prepare for a mix of engaging stories, seasoned advice, and thoughtful reflections on the world of investing. Don’t miss out on this insightful conversation with Jeff and Jason. Let's dive in!

Jason Hall Twitter(X) @TheSmattering

Jeff Santoro Twitter(X) @marketmusician

Investing Unscripted Twitter(X) @InvestingPod

Investing Unscripted

00:00 Realized lack of savings, found passion writing.

05:46 Morgan Household inspires through transformative business ventures.

09:10 Investing in familiar, big brand stocks over time.

11:56 Circuit City, CarMax stock surprise, profitable discovery.

14:33 Work busier = less urge to trade.

16:57 Managing urge to take action as investor.

21:17 Lesson in unexpected outcomes, diversification as protection.

23:58 Overbought stocks at high prices, learning from mistakes.

28:27 New to business, seeking input for growth.

31:39 Investing in stocks, diversifying, and focusing on stability.

35:36 Diminishing returns on knowing everything about business.

38:57 Wishing I knew the importance of starting early.

40:52 Supports teaching financial literacy in school and at home.

43:45 Podcast helped start investing journey during pandemic.

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IFB319: Cutting Losses: A Guide to Exiting Bad Investments

7 december 2023 | 34 min

Welcome to the 319th episode of "The Investing For Beginners Podcast"! I'm Dave, and with me as always, is Andrew. Today we're diving into reader's questions on spin offs and when to quit an investment experiencing losses. With expert insight into the hidden potentials of spin offs and the crucial signs that indicate if it's time to sell, join us as we explore these key investing challenges. We'll also be throwing light on assessing growth industries like EV, AI, and Internet Security, and sharing some personal tales from our investing journey. Let's settle into an exciting episode, and as always, we welcome your thoughts on these topics.

02:12 Market fluctuations affect short-term company performance. Long-term performance is determined by financials. Difficulty assessing company without ticker symbol. Possible sector impact not ruled out.

05:27 Fundamentals performing, profitable business or cut bait.

08:22 Explanation: Stock spinoffs can vary in terms.

10:55 Spin-offs can unlock great business potential.

14:16 Changes in financials: margins, income, metrics. Watch for payoffs or gradual declines.

15:38 ROIC trend determines company success over time.

20:06 High growth stocks need different portfolio mix.

22:58 Infrastructure's necessity, winners uncertain, growth uncertainty.

26:07 AI industry, internet security - my two.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Questions, send them to [email protected]

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Diving into Web Three and Gaming with Crypto Expert Brian Evans

4 december 2023 | 46 min

Dave: Welcome everyone to another episode of The Investing For Beginners Podcast, I'm Dave, joined as always by Andrew. Today, we have a very special guest - Brian Evans. Brian is a founder, investor, Inc. 500 entrepreneur, and a key voice in the crypto, gaming, and web three sphere.

Andrew: In our conversation today, we'll dive into some exciting developments about the rise of gaming as a major category influencing other industries, and how its concepts have shaped the evolution of Ethereum and other crypto projects. We'll also explore how crypto and web three are transforming power dynamics, providing interesting alternatives to the mainstream concentration of power by large entities.

Dave: And of course, we'll discuss the growing institutional investor interest in cryptocurrencies, the increasingly powerful role of NFTs, blockchain's impact on gaming, the shift from Web 2 towards Web 3, and much more. Brian's insights are sure to provide meaningful context for those interested in understanding the expansive reach of these technologies.

Andrew: Exactly, Dave. For all those looking to get a grip on the future of digital art, understand the impact of blockchain on the gaming world, or simply learn how to navigate this new era of the internet, you're in for a treat. So without further ado, let's jump right in.

00:44 Marketing agency founder leaves rat race, embraces Ethereum.

06:01 Internet evolution: Read, write, own digital assets.

09:00 Own your virtual world and digital assets.

11:08 Contestant creates blockchain transactions, builds marketplace.

13:25 Ownership is the natural progression for gaming.

17:39 One hit leads to more innovation in tech.

22:17 Transitioning to Web 3 gaming concepts, challenges.

24:15 Focus on what it does, not technical details.

26:41 Game development has evolved from basic to 3D. Blockchain adoption supported through educational games.

30:03 Controversy surrounds third-party backup for crypto.

33:25 Excitement about NFTs, discussed on podcast.

37:54 Gamer-created crypto challenges monopolies, promotes decentralization.

40:45 Appreciate your time, excited to learn more.

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Questions? Send them to [email protected]

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Investing Basics with Jeremy Schneider of Personal Finance Club - The Secret to Building Wealth

30 november 2023 | 50 min

Welcome to a special episode of the Investing for Beginners Podcast. Today, we welcome our guest, Jeremy Schneider—an internet entrepreneur who turned his financial life around and now shares his wisdom through his venture, Personal Finance Club. From budgeting to diversifying investments, learn about Jeremy's straightforward approach to successful investing. We delve into the importance of living below your means and the power of indexing. Join us as we exchange thoughts on financial education, credit card usage, and innovative financial concepts like branded index funds and advice-only financial services. Stay tuned to hear Jeremy's personal investing strategies and how automatic investments into index funds have brought him success. Let's talk about how discipline in spending, informed investing, and staying focused on your financial goals can lead to meaningful wealth. Let's dive right in!

01:43 Summary: Read books on personal finance, noticed same message. Pop culture promotes spending, debt, materialism. Real path to wealth is spending less, investing consistently. Quit job, took a year off, started personal finance club to help friends.

04:18 Financial independence leads to existential crisis

09:01 Confusion, frustration, but finally booked flight.

09:41 Credit cards tempting, rationalizing spending for points.

15:04 Spending doesn't make you rich; habits matter.

18:12 Overcoming inertia is key to starting.

21:55 Link bank account, transfer money, buy stocks.

25:54 Simplicity and low expense ratios benefit investments.

29:54 Many ways to invest, don't overcomplicate it.

32:43 Mutual funds buy in dollars, not shares.

36:40 Lack of financial education feeds debt cycle.

40:09 Finding good financial advisors: learn to invest.

42:32 Easy way to find advisors and more.

44:19 We enjoyed talking to you, Jeremy. Thanks!

IFB318: Andrew's Valuable Insights - A Conversation on Building and Evolving an Investment Portfolio

27 november 2023 | 28 min

IFB317: Listener Q&A - Navigating Market Turbulence with Long-Term Investments

23 november 2023 | 38 min

Building a Diversified Portfolio: Exploring ETFs and Comparing Different Areas with Long-Time Listener Ali

20 november 2023 | 58 min

Welcome back to another episode of The Investing For Beginners Podcast! In today's episode, we have a special guest joining us, Ali, a dedicated listener and newer investor who has some interesting insights to share. Ali began investing in 2021, focusing on building an emergency fund before diving into the world of stocks and ETFs. We'll discover Ali's investment strategy, including his approach to diversification, his thoughts on international investing, and his preference for certain sectors. Ali also reveals his risk tolerance and the factors that influence his investment decisions.

00:00:34 Thankful for the podcast, started investing in 2019.

00:05:03 Follow portfolio picks, with a few exceptions.

00:07:04 Hopeful for growth, no bonds for now.

00:09:50 Took a risk investing in dogecoin.

00:13:11 Good outlook for Texas Instruments, unsure about TSM.

00:18:49 Expense ratio crucial; wary of international investing.

00:21:00 Stick with what I know, but international opportunities exist.

00:24:00 More international companies on NYSE/Nasdaq desired.

00:27:38 Good idea, like your financial future journey?

00:32:27 Interest rates drive demand for treasury bonds.

00:35:20 Questions about using government website for bond investments.

00:36:49 Bond funds buy bonds of different maturities.

00:41:06 Personal question. My take: Feraldi's graphic on Twitter shows stock market probabilities. Bonds and stocks affected by interest rates. Stocks driving index.

00:45:35 Options for $2,000: T-bills or savings accounts.

00:47:47 T bills are liquid, bank accounts are slow.

00:51:52 Optimize investment or optimize pick? Time matters.

00:53:48 Thank you Ali for your time. Appreciate.

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IFB316: Sales to Capital Ratio: The Key Metric for Predicting Company Growth

16 november 2023 | 30 min

The Journey of Becoming an Investor: Learning, Analyzing, and Improving with Long-Time Listener Gilbert

13 november 2023 | 59 min

On this episode of The Investing For Beginners Podcast, we have a special guest Gilbert. Gilbert shares his experiences using payment apps like Cash app and his interest in investing and public speaking. Dave and Andrew discuss the overwhelming number of payment options available and how to leverage passions to generate passive income for investment. They dive into Gilbert's plans to grow his dance teaching business and his quest for knowledge on taxes, balance sheets, and increasing income. The hosts also explore the importance of aligning investments with personal goals and interests. Along the way, they share tips and insights for navigating the world of investing.

[00:00:43] Excited guest cites frustration with investing confusion.

[00:04:11] Investing: fear, uncertainty, family's lack of knowledge.

[00:08:55] Princeton choir unaware of potential in investing.

[00:11:22] Maintaining story and analyzing company performance. Emotional challenges, long-term positioning, and disciplined investing.

[00:14:56] Limited understanding, gained wisdom from monthly picks.

[00:18:57] Long-time viewer praises app's user-friendly content.

[00:20:48] Identify, analyze, and benefit from company aspects.

[00:26:15] Taxes, balance sheets, income increase, investment hurdles.

[00:28:51] Learns about taxes and plans accordingly.

[00:31:44] Minimize taxes with long buy & hold strategy.

[00:37:39] No free lunch in finance, trade-offs exist.

[00:41:54] Consider goals, trade-offs, and investments wisely.

[00:45:55] Too many payment options can be overwhelming. Simplify.

[00:48:40] Multiple opportunities to teach dance and public speaking, helping others overcome stage fright.

[00:51:47] Opportunities for dance club growth explored.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Today's show is sponsored by:

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IFB315: Listener Q&A - Analyzing Rivian, Will They Become the Next Tesla in the Electric Vehicle Market?

9 november 2023 | 41 min

IFB314: Listener Q&A - Learning How to Evaluate Potential Growth Opportunities

6 november 2023 | 42 min

IFB313: Deciding How to Invest - Balancing Risk and Return with Your $10,000

2 november 2023 | 33 min

Welcome to Episode 313 of the Investing for Beginners Podcast! Today, Dave and Andrew answer three great listener questions. But before we dive in, we wanted to remind you to send us your burning investing questions at [email protected]. In this episode, we address a question from Lisa, a beginner investor who is looking for advice on what to do with her existing $10,000 in her Roth IRA account. Dave and Andrew discuss the importance of understanding personal goals, risk tolerance, and time horizon when making investment decisions. They also highlight a helpful resource, Financialbirdsbees.com, which offers a free lump sum calculator to guide investors in finding the best investment approach. Tune in to gain insights on how to navigate investing strategies tailored to individual needs and preferences.

00:02:09 Financial calculator guides users on personal finance.

00:05:19 Decide time, research, and invest carefully.

00:06:25 Diverse investments: index funds and stocks.

00:12:23 Questrade: low fees, 90-day trial, live prices.

00:15:49 Seek advice from successful investor, analyze investments.

00:17:26 Open Questrade account, buy a stock, analyze. Write down thoughts and emotions daily.

00:20:39 Understanding Constellation Software takes real investigation, even losses. Initial success can blind you; my first pick, Microsoft, was lucky. Learning from failed investments broadens knowledge. Keep a journal to track insights.

00:23:43 Ask questions, write, share, learn, improve.

Lump Sum Calculator

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Mastering Your Finances: Numbers, Budgeting, and Planning for a Stress-Free Holiday Season

30 oktober 2023 | 41 min

Welcome back to another episode of The Investing For Beginners Podcast! Today, we have a special episode focused on a topic that affects us all: budgeting. We're joined by our guests, Chris and Evan, as we dive into the importance of knowing your numbers and planning ahead for your financial well-being. In this episode, we'll discuss strategies for budgeting during the holiday season, the often-overlooked expenses that can sink your budget, and the dangers of relying on Black Friday deals.

We'll also tackle the topic of making major financial decisions and the significance of automating your savings and investments. Finally, we'll introduce a valuable resource, the Financial Birds and Bees product bundle, designed to provide financial guidance for young adults. So, grab your pen and paper, and let's get started on the path to financial success!

00:01:37 Know your numbers, plan, and enjoy holidays.

00:04:33 Underestimating miscellaneous spending can derail budgets.

00:08:19 Monitor spending to avoid excessive holiday expenses.

00:10:04 Financial stress makes holidays less enjoyable.

00:12:16 Track prices, avoid Black Friday, exploit opportunities.

00:15:49 Avoid making major financial decisions too quickly.

00:20:00 Automate saving and investing for financial growth.

00:24:34 Promotion ≠ New car. Math doesn't add up. Don't be fooled.

00:27:38 Use a retirement calculator to plan savings.

00:31:10 Financial Birds and Bees: Bundle Supporting Young Adults' Finance Journey

00:34:50 Appreciate you, educate, finance, help, crucial, applaud, react.

00:35:59 Wrap up show after guests discuss importance.

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Financial Birds & Bees

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Bird's Eye View of the Smart Phone Industry

26 oktober 2023 | 35 min

Welcome back to another episode of The Investing For Beginners Podcast! In today's episode, we're diving deep into the world of smartphones and exploring the investment opportunities that lie within. There's been a lot of talk about the impact of 5G technology and the role of cell phone towers, and we'll discuss how these factors are affecting the industry's financial results. We'll also explore the essentiality of cell phone towers for cell service and data processing.

But it's not just the towers that are capturing our attention. We'll explore the competitive advantage that Apple has with their ability to manufacture phones and semiconductors, and how this gives them a unique edge in the market. We'll also delve into other potential investment avenues within the smartphone industry beyond the big players like Apple, Samsung, and Google.

Join us as we discuss the investment potential of telecom companies like AT&T and T-Mobile, semiconductor giants like Micron and Qualcomm, and the exciting prospect of the 5G rollout. We'll share our thoughts on structuring a successful investment in the smartphone industry and the importance of diversification.

So grab your headphones and get ready for an insightful and informative episode on investing in the ever-evolving world of smartphones. Let's dive in!

00:01:55 85.8% of the population uses smartphones.

00:04:19 Micron, Qualcomm, Skyworks - crucial iPhone components.

00:07:57 5G towers face negativity, impact financial results.

00:12:43 Endless VR competition disrupts Apple vs. Samsung.

00:14:27 Apple and Samsung have different pricing strategies.

00:18:16 Value Spotlight subscription: it depends on timing.

00:20:19 Semiconductors at risk of obsolescence due to competition.

00:24:47 Transition away from core competency. Limited returns. 5G potential for faster connectivity.

00:27:11 Potential for Verizon and AT&T growth in streaming.

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IFB312: Achieving Optimal Investment Balance for Different Age Categories

23 oktober 2023 | 34 min

Welcome to episode 312 of the Investing for Beginners Podcast! Today, we have two thought-provoking questions to dive into. The first question comes from Nami, who asks about the best efficient portfolio breakdown management for different age categories. Dave and Andrew discuss the importance of considering your stage in the personal finance journey, rather than simply relying on age. They also explore how the traditional 60/40 rule (60% stocks, 40% bonds) may not be the best strategy for younger investors with a longer timeline for accumulation. However, as retirement approaches, a more conservative allocation may be beneficial to mitigate market downturns. Tune in as they break down these concepts and provide insights on structuring your investment portfolio effectively based on your personal financial goals.

00:00:30 "Align investment philosophy to personal finance journey."

00:05:01 Risk tolerance, portfolio allocation, time horizon, compounding.

00:09:12 Bonds to stocks, 60/40 strategy still effective.

00:12:37 Invest smartly for balanced growth and security.

00:13:43 $400,000 for 30 years is $13,000/year. Choose wisely for a better future.

00:18:37 Curiosity drives fascination in stock market industry.

00:21:49 Netflix's success, Reed Hastings, and stock market fun.

00:25:50 Index funds and stock picking both have advantages, but it depends on the index composition. Currently, top three SP companies are Apple, Microsoft, and Google, which is difficult to beat. But other stocks like Tesla and big oil companies have also had high influence on the S&P 500. The S&P and ETFs are becoming more concentrated. Over time, ETFs may only yield a small annual percentage increase.

00:26:49 Higher returns generate exponential wealth for portfolios.

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IFB311: Exploring Passive Income Opportunities and Our Top Financial Mistakes

19 oktober 2023 | 33 min

IFB310: Decoding the Numbers: How to Analyze Moats and Competitive Advantages in Business

16 oktober 2023 | 36 min

IFB309 - Listener Q&A: How to Make the Most of Your $100 Investment

12 oktober 2023 | 26 min

Getting Started with Your 401K: Overcoming Obstacles and Finding Reliable Resources with Laura Adams

9 oktober 2023 | 43 min

IFB308: Listener Q&A - Learning from Mistakes: Understanding Capital Allocation and Due Diligence in Investments

5 oktober 2023 | 37 min

Building Knowledge, One Company at a Time: Tips for Studying and Analyzing Businesses with Chit Chat Money

2 oktober 2023 | 49 min

In this episode of The Investing For Beginners Podcast, Dave and Andrew are joined by Ryan and Brett from Chit Chat Money. They dive into their journey of learning about finance and investing, the importance of valuation, the benefits of becoming a shareholder, and the value of focusing on specific industries. They also discuss their recent podcast themes, the impact of biases on investing decisions, and the shift towards finding businesses with durable growth and profitability. Tune in to gain valuable insights and tips for your investment journey.

00:00:39 Ryan's funny investment journey with inheritance money.

00:03:24 Learning finance basics, evolving strategy over time.

00:08:13 Investors can overpay for businesses; rarity matters.

00:12:38 We consider diversification in industry and factors.

00:15:41 Visa is safer, smaller position for portfolio.

00:18:45 Don't buy too many stocks when starting.

00:19:35 Get involved as a shareholder for learning.

00:24:04 Position sizing: started at 6%, flexible range.

00:25:59 Biweekly ranking helps identify biases in decisions.

00:31:34 Podcast helps avoid bias by diversifying research.

00:35:31 Do thorough research on watch-list companies.

00:38:30 Monthly themed episodes explore repurchases and fallen angels, highlighting honesty in business.

00:39:39 Focus on specific sectors, like Fintech or airlines.

00:43:36 Join us for fun, knowledge, and follow

Chit Chat Money Podcast

Ryan Henderson Twitter

Brett Schaefer Twitter

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IFB307: Buy When There Is Blood In The Street

28 september 2023 | 32 min

Welcome to episode 307 of "The Investing For Beginners Podcast"! In today's episode, Andrew and Dave will be diving into the topic of buying when there is blood in the street. With recent extreme volatility in the market, we thought it would be the perfect opportunity to discuss how this can present an opportunity to buy or sell particular companies. We'll be sharing our thought process on this matter and how you can leverage it in your own investing.

To kick things off, we'll take a look back at a past event, specifically the banking industry crisis, and examine what lessons can be learned from it. We'll also explore our personal reasons for not taking advantage of the situation and the role influential investors like Warren Buffett play in shaping investor sentiment. So get ready to gain valuable insights into navigating volatile markets and seizing the right investment opportunities. Let's dive in!

00:01:44 Missed opportunity due to fear and lack of analysis during market turbulence.

00:03:13 Banks recovered, missed opportunity, uncertain future.

00:06:52 Research, understand, and make choices independently.

00:10:14 Buffett's investment in banks and differing opinions.

00:13:34 Stock plunged, but still believe in investment.

00:19:39 Understanding business and industry downturns is key. Examples: Nokia's mistake with Apple, uncertain of Intel's recovery.

00:24:15 Volatility is normal. Understand your investments.

00:26:19 Read a 10K, subscribe, review, invest safely.

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Buy Side Work in M&A: The Hunt for the Perfect Acquisition and Navigating Negotiation Challenges with Bill Snow

25 september 2023 | 52 min

Welcome to another episode of The Investing For Beginners Podcast! In today's episode, we dive into the fascinating world of mergers and acquisitions (M&A) and explore the intricacies of buying and selling businesses. We discuss the impact of the pandemic on the economy, the importance of timing in the market, and the role of microeconomic factors in M&A deals. Bill Snow shares valuable insights on the chemistry between buyers and sellers, the art of negotiation, as well as the complexities of valuation. Join us as we uncover the strategies, challenges, and opportunities in the world of M&A. So grab your headphones, get ready to learn, and let's dive right into the episode!

00:02:56 Business deals depend on the parties involved.

00:04:50 Buyers in middle market acquire smaller companies.

00:07:46 Low-interest rates were destructive for fixed-income retirees.

00:14:01 Negotiation is essential, not about bluffing. Stop reading business books. Play poker to learn. Understand others' strong hands. Compromise for a mutually beneficial deal.

00:19:31 Chemistry and clarity are essential in deals.

00:22:21 Buy side difficult: search, negotiate, finance. PE calls lacking good companies, owner expectations. Supply-side M&A, demand, inflation from excess capital.

00:25:53 Pandemic impact exaggerated, market timing impossible. M&A depends on company strength.

00:30:01 PE firms compete in bidding for companies. Only one will be selected. Factors like bid amount, structure, and simplicity affect selection. Investment bankers use tools like Capital IQ to create buyer's lists. Keeping contact info and criteria updated increases chances of being included. PE firms should stay engaged and ready for opportunities.

00:32:20 Buyers want perfect companies, but don't exist. PE firms track many deals for appearance.

00:36:07 Sometimes there are frustrating moments in the buisiness process. Creating a buyer's list and sending a blind teaser to approved buyers is part of the process. If the buyers are interested, they sign a confidentiality agreement and receive the full book. Initial offers are made based on the information in the book. Meetings are held with potential buyers and a letter of intent is requested. Due diligence is conducted, followed by the purchase agreement and closing of the transaction. Some buyers may not respond or provide a reason for passing on the opportunity. Serious buyers are characterized by their preparation and detailed questions in meetings.

00:41:32 Finding buyers is easy; getting a good deal is hard.

00:44:07 Deep dive into buying a company, valuation details.

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Bird's Eye View of Analyzing a Company for the First Time with Topgolf

21 september 2023 | 34 min

IFB306: The Bond Market Demystified: Understanding Risk, Return, and Allocation

18 september 2023 | 38 min

Welcome back to another episode of The Investing For Beginners Podcast! In today's episode, Andrew abd Dave to dive into the fascinating world of bonds. With interest rates proving to be volatile in the past year, they discuss how different types of bonds can be used strategically to offset this volatility.

They cover the importance of diversifying with various bond funds, the risk and return profiles of different bonds, and the practical ways investors can invest in bonds, such as bond ETFs or through 401Ks and target date funds.

They also address common misconceptions about bond prices and the contrasting nature of bonds and stocks as investment options. Whether you're a seasoned investor or just starting out, buckle up for an informative and engaging discussion on bonds, their role in a portfolio, and how to navigate the ever-changing bond market. Stay tuned!

00:01:45 Investing in bonds is like lending money.

00:04:47 Rotating portfolio from stocks to bonds before retirement.

00:09:13 Bonds offer varying risk and returns; diversification helps.

00:13:23 High-rated bonds offer safe but low returns. Tesla's rating fluctuated from junk to high-yield. Bond ratings indicate a company's financial strength. However, buying individual bonds requires substantial funds. Consider bond ETFs for smaller investments.

00:16:19 Bond ETFs have price fluctuations, confusing but normal.

00:23:50 Large bond funds like Vanguard and BlackRock have options for individuals who want exposure to bonds. One option is the core US aggregate bond ETF offered by ishares, which includes over 11,000 US dollar-denominated bonds with varying maturities. This can provide a diverse range of bond exposure without the need to constantly monitor the fund. It may be beneficial for investors closer to retirement to consider investing in bonds to offset potential market volatility. However, for younger investors with more time to recover from market hiccups, it may be less necessary. The book "Bonds for Dummies" and the website "einvestingforbeginners.com" offer further resources on understanding and investing in bonds.

00:28:48 Bonds are attractive, seek professional advice.

00:30:43 Age determines investment strategy; consult professional advisor.

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IFB305: Evaluating Investments Beyond Stock Prices: A Deep Dive into Business Performance

14 september 2023 | 36 min

India's Economic Secret Weapon: Unveiling the Power of the India Stack with Kevin Carter

11 september 2023 | 50 min

Welcome back to another exciting episode of The Investing For Beginners Podcast! In today's episode, we have a very special guest joining us. We are thrilled to have Kevin Carter, the founder and CIO of EMQQ Global, sharing his insights and expertise with our listeners.

Kevin is here to discuss INQQ, an India-focused ETF offered by EMQQ Global. We'll explore the potential power and impact of India's unique digital public infrastructure, known as the India stack, and how it is transforming the economic landscape.

As we dive deep into India's emerging market, we'll discover why it is becoming increasingly attractive to investors. With a booming middle class, a thriving e-commerce sector, and a government supportive of technology, India has all the right ingredients for exponential growth.

Join us as Kevin sheds light on the immense opportunities and challenges of investing in India, the role of emerging market internet companies, and the potential for India to catch up to China in terms of physical infrastructure. We'll also explore the investing landscape in India, the valuation metrics to consider, and the companies that are driving growth in this exciting market.

So, grab your notepads and get ready to gain valuable insights from our conversation with Kevin Carter of EMQQ Global. Don't forget to check out their website and remember, always invest with a "margin of safety". Let's dive in!

00:00:44 India is the perfect emerging market. It has the largest population, better demographics, and a fast-growing economy. It also has a unique digital public infrastructure, which is its secret economic weapon.

00:04:26 India's digital and physical infrastructure summary:

India's infrastructure investments have led to significant advancements in both physical and digital infrastructure. Under Prime Minister Modi's leadership, massive investments have been made in roads, airports, ports, and the power grid, resulting in substantial progress. The country's digital infrastructure, known as the India stack, includes a national identity card system, a know-your-customer layer, and the Unified Payments Interface (UPI), allowing for seamless and cost-free money transfers. India's talent pool, particularly in the technology sector, is unparalleled, making it an attractive destination for outsourcing and investment.

00:20:38 Platform integrating sellers, buyers, and logistics with high growth potential in India market.

00:24:31 Emerging markets lack developed consumption infrastructure. Instead of traditional banking, they use mobile phone-based payments. Companies like Alibaba and Mercado Libre serve as both e-commerce platforms and financial service providers. Ride-hailing apps like Gojek also offer payment services. This trend is gaining traction in India.

00:28:19 Bajaj Finance: profitable Indian smartphone-based lender. India's emerging market and technological advances.

00:31:42 Foreign stock investment in India presents challenges due to regulatory and bureaucratic reasons. Most Indian internet companies go public in India, while Chinese and Latin American companies list on US exchanges for better liquidity. Indian companies face regulatory hurdles and have not sought capital in New York. India's growth potential and digitization make it an attractive investment if one believes in the story. Comparisons to China highlight the importance of choosing the right ETF for exposure to Indian market growth. Valuations in India are currently high, and the Peg ratio is a crucial valuation metric to consider.

00:44:35 Kevin shares interesting information with investors. Invest safely.

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IFB304: Navigating the September Effect and Other Noise in Stocks

7 september 2023 | 32 min

IFB303: How to Spread $10,000 in the Stock Market

4 september 2023 | 32 min

Welcome back to the Investing for Beginners Podcast! In today's episode, "303," we delve into four intriguing listener questions shared with us via Spotify. One of our listeners, Jason, has $10,000 to invest in the stock market and seeks advice on which stock to buy and how to spread it out. We tackle this question head-on in a discussion between Andrew and Dave, emphasizing the importance of learning to fish instead of relying on others for stock recommendations. They suggest starting with our show as a great educational resource, but also provide practical tips on how to spread out investments and mitigate risk. They advise diversifying holdings while remaining mindful of potential returns. Dave recommends investing a portion in an S&P 500 ETF or index fund to dip one's toes into the market. Additionally, he suggests choosing a couple of companies to invest in, preferably familiar ones, to gain insight into individual stock ownership. The goal is to learn and adapt while understanding the dynamic nature of the market. Both hosts stress the value of education and self-discovery in the investment journey. Join us as we explore this listener question and delve into the world of investing with a prudent mindset. Stay tuned!

00:02:01 Invest in index funds, then diversify with individual stocks to learn about the stock market and minimize risk.

00:09:02 Followed the White Rabbit, learned, then invested.

00:12:59 ADRs allow you to own stock abroad.

00:15:28 Tax implications of investing in foreign stocks.

00:20:09 Start with home bias, then branch out.

00:22:31 Big ADRs provide valuable information for investors.

00:25:19 Basic learning is essential for successful investing.

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IFB301: Capital Allocation: The Number One Job for CEOs and Its Impact on Investing Performance

31 augusti 2023 | 51 min

Welcome to the Investing for Beginners podcast! Today we have another round of great listener questions! As always like we like to say, we love receiving these kind of questions as it challenges us to think more and refreshes the investing knowledge we know. In this round, we will be discussing an array of topics encompassing calculating financial ratios yourself, an investing book list, lump sum vs DCA and more so listen on!

Timestamps of the episode:

-Are financial websites reliable? or should you calculate the ratios yourself? [01:44]

-Books to follow up on reading after The Intelligent Investor of Benjamin Graham. [07:30]

-Lump sum vs dollar cost averaging: which one is the best especially on index funds and individual stocks. [23:48]

-What is WACC/hurdle rate and why it matters in calculating your personal returns. [30:57]

-Why hurdle rates are sensitive to the current prevailing interest rates. [38:28]

-Operating leases and why it should be considered as debt of a business. [43:28]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Books mentioned in the episode:

Investment Gurus: A Road Map to Wealth from the World's Best Money Managers (New York Institute of Finance) by Peter Tanous

Psychology of Money by Morgan Housel

Market Masters: Interviews with Canada’s Top Investors ― Proven Investing Strategies You Can Apply by Robin Speziale

Richer, Wiser, and Happier by William Green

The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere by Vitaly N. Katsenelson

The Dhando Investor by Monish Pabrai

More than you know by Michael Maubossin

The Little book of Valuation by Aswath Damodaran

Security Analysis by Benjamin Graham

Expectations Investing by Michael Maubossin

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Talking Getting Started in Real Estate with the Real Estate Rookie Podcast

28 augusti 2023 | 47 min

Welcome to the Investing for Beginners podcast! In today's episode, we will be having not only one guest but two! Ashley Kehr and Tony Robinson of the Real Estate Rookie podcast will be joining us to discuss everything about investing in real estate. They will share with us how one can start even with minimal capital, the inherent risks in real estate and choosing the right partner in building your real estate wealth. Listen on as we ask every beginner questions in the industry itself and how it will surely give you insights as well.

Timestamps of the episode:

-Why would one consider investing in the real estate industry instead of the stock market? [02:05]

-How to start investing with real estate and the pieces to prepare first before heading in. [08:00]

-Different reasons how real estate can serve your investment goals. [11:49]

-Risks and rates of return involving investing in real estate. [13:55]

-Why the type of risk you will take depends on the skill set you have. [17:48]

-Ways to deal with the inherent risks in the real estate industry and how those risks can immediately set you back. [20:16]

-Real estate investing can also be done at the comfort of your home regardless of where the property is located. [23:55]

-Ashley and Tony shares how real estate investing gave them the freedom to do things they love essentially giving them more time to pursue their passions. [27:50]

-They talk about their recent joint book project where it discusses how real estate partnerships work as the saying goes "if you want to go fast go alone, if you wanna go far go together." [30:37]

-Things you can do to mitigate the risks of being in a business partnership. [32:37]

-Finding the right partners in business is the most important thing you can do especially in real estate. Ashley and Tony shares insightful tips. [36:50]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Their podcast- https://open.spotify.com/show/7GAvDfVZWXglwZPxayvqh7?si=e9327d3067744ed4

Their upcoming book in preselling- https://store.biggerpockets.com/products/real-estate-partnerships?_pos=1&_sid=1dd453d22&_ss=r

Link to their Biggerpockets website- https://www.biggerpockets.com/podcasts/real-estate-rookie

Today's show is sponsored by:

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Simon Erickson of 7Investing Joins Us to Discuss Innovation and Growth Stock Opportunities

24 augusti 2023 | 51 min

Welcome to the Investing for Beginners podcast! Today's episode, we will be joined by a special guest! Simon Erickson, host of 7investing podcast, will be joining us today to talk about his investing principles, portfolio allocation, the different industries he's interested in and much more! Listen on as we have a fun conversation on topics that not only will be insightful for beginners but also veterans out there. Let's go!

Timestamps of the episode:

-Simon shares his investing story and why he uses the number "7" in his company 7investing. [02:28]

-Why investing is such a personal endeavor and how Simon molded his own. [05:05]

-He talks about his favorite part of the semiconductor value chain and how it is more relevant today then ever. [08:00]

-How to think about balancing your portfolio if it is exposed in a cyclical industry. [11:14]

-The "hype" cycle is the enemy of a long term investor and how to avoid it. [13:25]

-Understanding deeper into the weeds of AI and Nvidia chips. [16:34]

-Switching gears into the defense industry and why it is relevant in recent times. [18:55]

-Signs that a management is a good capital allocator. [20:45]

-How to differentiate between a company that has done well in the past and will continue to do so over a company that shows promise at first but will ultimately flame out. [23:14]

-The importance of understanding which business life cycle a company is in. [25:17]

-A business that continues to protect its moat will surely thrive. [27:45]

-Simons shares the story behind the 7investing service and how it empowers retail investors. [29:42]

-Why fees shouldn’t be overlooked when you can do it yourself. [31:48]

-Discussing the barbell portfolio and how you should allocate each holdings in it. [32:45]

-The biggest advantage of an individual retail investors against institutional firms. [36:20]

-How to approach and analyze companies of different market caps. [37:00]

-Simon talks about the space economy and how it will be a driving force of the world economy in the coming decades. [39:23]

-The beauty of the world of investing where your curiosity is rewarded financially. [43:27]

-Simon tells his best dad joke. [47: 29]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Simon's website- https://7investing.com

His podcast- https://open.spotify.com/show/7wBWhst8U3CqSeQ8fRGCLO?si=58b4a51ae67947ec

His Youtube channel- https://www.youtube.com/channel/UCAI0YGmr9W96nZI1q3vSJHg

Today's show is sponsored by Rocket Money:

Cancel your unwanted subscriptions and manage your money the easy way by going to rocketmoney.com/beginners

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Value Spotlight: The New Updated Sather Research eLetter

21 augusti 2023 | 25 min

Paul From @Investmentideen Joins Us to Discuss the Power of Capital Allocation

17 augusti 2023 | 50 min

Welcome to the Investing for Beginners podcast! Today we have a special guest! Joining us today will be Paul, a good friend we met in Twitter (or X now) where he will talk with us a diverse range of topics spanning from his experience working under Constellation software before into good capital allocation, value traps and more. Listen on as he discusses great insights into valuations especially on micro caps and also the key in finding quality businesses. This is such a great episode with so many gems that it's a pity we only have an hour (almost) of an episode!

Timestamps of the episode:

-Paul shares his investing journey and gives credit on having people showing you the way. [02:10]

-He talks about the first stock he bought and how it started paving the way on doing great due diligence. [04:20]

-The importance of finding your own style in investing even though we all stand on the principles of investing giants. [07:00]

-Overpaying is the most common problem among investors and drags returns overall. [09:28]

-Paul shares his approach on what to do if he is gonna start investing all over again today, the rules to follow and sifting through noise of readily available information. [12:20]

-He breaks down what an earnings yield is and how it drives business return overall. [16:20]

-Differentiating between cheap stocks that deserves to be cheap and the ones that has sustainable earnings but the market values it cheaply. [19:35]

-What are value traps and why year over year fast revenue growth of value traps should not excite you. [21:55]

-Management's quality in realizing shareholder value is important for every thesis/valuation to play out.[26:00]

-Why looking acutely on the cash position of a company's balance sheet is relevant in gauging a management's skill in capital allocation. [30:50]

-Paul shares his experience working under Constellation software before and why most small software companies are not run capital efficiently. [35:29]

-What valuation ultimately means to Paul and how he approaches it. [38:00]

-The key to finding quality businesses is by making the process simple. [42:35]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Paul's Twitter (X) handle- https://twitter.com/Investmentideen

His substack- https://investmentideas.substack.com

Books and resources mentioned in the episode:

Seth Klarman's book- Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor

Joel Greenblatt- You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits

Geoff Gannon compilations download link- https://bit.ly/3QyzIpF

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Bird’s Eye View of Learning a New Industry

14 augusti 2023 | 32 min

IFB300: Listener Q&A – Finding Tax Documents & Our Favorite Financial Websites

10 augusti 2023 | 40 min

IFB299: Red Flags in a Company’s Financials

7 augusti 2023 | 40 min

IFB298: Causation Is Not Correlation

3 augusti 2023 | 30 min

IFB297: Listener Q&A - Is It Ever Too Late to Start Investing?

31 juli 2023 | 26 min

IFB296: Listener Q&A – Dollar Cost Averaging/Portfolio Management

27 juli 2023 | 32 min

IFB295: Validity of Scuttlebutt + Quantitative Analysis

24 juli 2023 | 32 min

John Rotonti Shares a Master Class on Research and Valuation

20 juli 2023 | 71 min

Welcome to the Investing For Beginners Podcast! In this episode, we have a special guest, John Rotonti, who shares valuable insights on the importance of Return on Invested Capital (ROIC) in determining the intrinsic value and growth potential of a company.

John explains that if the ROIC is higher than the cost of capital, it leads to growth and increases intrinsic value. If it is equal, growth is neutral, and if it is lower, growth destroys value. He also breaks down the formula for calculating the economic spread or excess return spread, which is ROIC minus the cost of capital.

Throughout the episode, John emphasizes the significance of a high ROIC and a higher economic spread for companies. He highlights how revenue growth, especially organic growth, plays a crucial role in driving intrinsic value growth for companies with a high ROIC higher than the cost of capital.

00:04:49 Thorough research and analysis process for investing.

00:10:08 Watch list, market sell-off, network, investor letters.

00:16:57 Checklist for investing in businesses with tweaks.

00:23:26 Free cash flow yield is the best predictor of future returns, according to multiple studies. To calculate normalized free cash flow, consider factors like cash inflows from selling off businesses. Another method is total shareholder return (TSR), which includes dividend yield and earnings per share growth. Models like discounted cash flow (DCF) and reverse DCF can help estimate fair values. Additionally, analyzing acquisition multiples in the industry can provide insights.

00:35:26 DCF is a discounted cash flow model used to estimate future cash flows. It involves forecasting cash flows over a period of 5-10 years and then projecting them into perpetuity. The value of an asset is determined by the present value of future cash flows, which is calculated through discounting. Three key factors to consider are the size, timing, and riskiness of the cash flows. Building a DCF involves modeling revenue growth, EBIT margins, tax rates, and subtracting reinvestment to determine free cash flows. These cash flows are then discounted using a chosen discount rate. The sum of the present values of these cash flows, along with the terminal value, gives the enterprise value. By subtracting debt and adding cash, the equity value can be determined. Dividing by the number of shares gives the intrinsic value per share. Different scenarios can be explored to determine a range of fair values.

00:46:04 ROIC and free cash flow drive value.

00:51:09 Higher ROIC generates intrinsic value growth through growth.

00:59:01 New Constructs provides accurate financial metrics data.

01:02:11 PE ratios and free cash flow multiples are commonly used by people, but they are often misunderstood. However, understanding the three drivers of the multiple - earnings growth, return on invested capital, and risk - can make them useful. Examples show how different growth rates and cost of capital affect justified PE ratios. As the cost of capital increases, the justified PE ratio decreases. It's important to understand these drivers to make sense of multiples.

You can find more John here on Twitter @JRogrow

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IFB294: Explaining Multiple Expansion and It’s Impact on Value

17 juli 2023 | 35 min

Karen Finerman Joins Us to Discuss the Ups and Downs of Investing

13 juli 2023 | 49 min

Welcome to the Investing for Beginners podcast! Today's episode will be a special one as we have an awesome guest in the show! Karen Finerman, Metropolitan Capital Advisor's hedge fund manager and a panelist in CNBC's Fast money show, will be gracing us today with her investing journey, mistakes and wisdom throughout the years in different market cycles. She also has an upcoming podcast (already published at the time this episode goes live) named "How She does it which talks about having conversations with female leaders in all industries who make their own space and build their careers in unique ways. It was such a pleasure having her in our show and was a gem of insights not only in investing but life in general also so listen on!

Timestamps of the episode:

-Karen shares her investing journey from wanting to become a gymnast into doing risk arbitrage trading and being successful in a male dominated finance industry. [02:26]

-Why always thinking about the downside matters. Karen talks about an expensive lesson she learned from investing. [05:36]

-How to rationally handle your investing failures and make use of it. [07:49]

-Why the current market conditions does not surprise Karen. [10:15]

-How Karen's investing style changed throughout the years. [12:10]

-Withstanding market swings and irrationality. How to overcome when the market narrative is against your stocks. [16:40]

-Being in the age of hyper information does not help in giving you an edge as an investor. [21:44]

-Key pieces of information that are more signal than noise in the markets. [24:14]

-The best way of weighing investing risk vs reward in picking individual stocks. [29:18]

-When to sell: the underrated hardest thing to do in investing. [34:05]

-Karen shares the story behind her podcast, "How she does it" and how it empowers women in different industries. [36:50]

-The most important lesson she taught her daughters. [39:15]

-Karen talks about an amazing endeavor of a guest in her podcast which is awe inspiring to be honest. [41:20]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Karen Finerman's podcast - https://open.spotify.com/show/2bDVlf5r5Rocbq0xZCK2JE?si=36c4dfc0aa4d4404

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IFB292: 5 Metrics Every Beginner Investor Should Know

10 juli 2023 | 40 min

IFB291: Overcoming Beginning Investor Skepticism

6 juli 2023 | 31 min

IFB290: Listener Q&A - How Do You Start Investing with $1,000

3 juli 2023 | 33 min

IFB289: Problems and Pitfalls of Investing with Debt

29 juni 2023 | 34 min

IFB288: Diving Deep in Howard Mark’s Memos of 2022

26 juni 2023 | 39 min

IFB287: Listener Q&A – Employer Stock Plans

22 juni 2023 | 25 min

Bird's Eye View of Proxy Statements

19 juni 2023 | 37 min

Benjamin Tan Joins Us to Discuss Enneagrams and the Power of Psychology in Investing

15 juni 2023 | 38 min

IFB285: Reflecting on the Process of Learning How to Analyze Stocks

12 juni 2023 | 40 min

The Basics of ETFs with Evan from My Money Marathon

8 juni 2023 | 48 min

IFB284: When Can You Open a Brokerage/How Should I Invest a Lump Sum?

5 juni 2023 | 32 min

IFB283: Back to the Basics of Building a Portfolio

1 juni 2023 | 27 min

IFB282: In Defense of the Top 5 Companies in the S&P 500: Things Investors May Not Know

29 maj 2023 | 38 min

IFB281: How to Hold a Company Rising Quickly/How We Look for Quality Companies

25 maj 2023 | 30 min

Bird's Eye View of Bank Analysis (Citizens First Republic)

22 maj 2023 | 34 min

IFB279: New Investor Mistakes and How to Avoid Them

18 maj 2023 | 35 min

IFB278: How to Deal with Macro Issues

15 maj 2023 | 41 min

Bird's Eye View of the Balance Sheet

11 maj 2023 | 36 min

IFB277: Defining Apple’s Moat By Looking at the Components

8 maj 2023 | 24 min

Bird's Eye View of the Cash Flow Statement

4 maj 2023 | 44 min

Welcome to the Investing for Beginners podcast! Today's episode will be another bird's eye view of one of the most important part of 10ks: cash flow statement! We will breakdown for you each part and how it impacts the business as a whole so listen on! Disclaimer: We highly recommend you listen first to the bird's eye view of income statement to make it easier!

Timestamps of the episode:

-Why would you care about the cash flow statement? [01:55]

-Talking about depreciation and amortization and how it relates in running a business. [03:00]

-Important thing to note in a cash flow statement. [07:38]

-The three main parts of the cash flow statement and how it relates to each other. [09:22]

-Cash from operations: the place where money from the business branches out. [11:55]

-Discussing about Capex- capital expenditures: the warm blood that keeps the business going. [24:33]

-Understanding the cash flow statement is understanding the capital allocation of a business. [28:55]

-Last thoughts in this important part of the financial statement. [35:00]

Note: Timestamps may differ and are approximate, depending on your podcast player.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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IFB276: Day One As An Investor

1 maj 2023 | 33 min

Welcome to the Investing for Beginners podcast! Today's episode will be a day zero! Just like Jeff Bezos like to say about Amazon on being always on day 1, this episode will be the day zero for beginner investors! Listen on as we talk about how to kick start your journey into investing!

Timestamps of the episode:

-The easiest steps beginner investors can do to start. [02:40]

-Accounts you would want to open and optimize light in the beginning. [06:08]

-Index funds and ETFs are your gateway drug to investing. [09:25]

-Common pitfalls of beginner investors. [12:09]

-The optimizer heavy: stock picking. [19:00]

-The importance of having an inner scorecard and how it will help you stay in the game. [23:28]

-10ks or the financial statement: the most important resource for stock pickers. [25:28]

Note: Timestamps may differ and are approximate, depending on your podcast player.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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You can find the transcript of today's show below:

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Bird's Eye View of the Income Statement

27 april 2023 | 46 min

IFB275: Listener Q&A Concerning Buildng a Portfolio and Maximizing Your 401k

24 april 2023 | 36 min

Bird's Eye View of Dividends

20 april 2023 | 33 min

IFB274: How Are Our Accounts Protected/Diversifying with ETFs/Books to Help Continue Your Investing Journey

17 april 2023 | 35 min

IFB273: Banking Crisis Averted/Building a Portfolio/Performance Compared to the S&P500

13 april 2023 | 28 min

IFB272: Bear Market Therapy

10 april 2023 | 31 min

Brian Feroldi Joins Us to Give Us 8 Reasons the P/E Ratio Sucks

6 april 2023 | 44 min

Welcome to the Investing for Beginners podcast! In today's episode, we will have Brian Feroldi joining us in a first time ever live show here in Cincinnati's economy fire conference. He will discuss the price to earnings ratio which is the most common and known metric in the investing world. Listen on as he talks why solely using the p/e ratio can be bad and when is it useful to be used on.

Timestamps of the episode:

-Why the price to earnings ratio alone is a bad metric. [01:45]

-The different flavors of the P/E ratio with the focus on how the "E" is structured. [04:15]

-How the earnings of a company can be misleading which makes the P/E ratio wrong. [07:08]

-First reason why a P/E ratio can be misleading: Accrual accounting. [08:12]

-Walking back to the overview and relationships of the three financial statements. [11:05]

-Second reason: Equity investments will either deflate or inflate earnings [13:50]

-Third reason: One time events are mirages and won't happen often. [16:55]

-Fourth reason: Unsustainable trends work like boom and bust cycles. [19:58]

-Cyclical demand is hard to predict and can be counter-intuitive. [21:27]

-Industry dynamics will dictate how a business really earns. [24:42]

-Fifth reason: Disruption, knowing this is next to impossible as we live in the most disruptive periods in human history due to fast paced tech innovations. [26:42]

-Eight reason: Knowing which phase a company's business growth cycle can be a hit or miss. [29:00]

-The most important thing in using the P/E ratio. [34:56]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Link to Brian's website- https://www.brianferoldi.com

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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Jordan Grumet of Earn & Invest Podcast Joins Us to Discuss the Hows and Whys of Investing

3 april 2023 | 43 min

Andy Shuler Joins Us to Discuss HSAs and ETF Investing

30 mars 2023 | 42 min

Welcome to the Investing for Beginners podcast! In today's episode, we will be having Andy Schuler, our resident writer and partner in einvestingforbeginners.com blog talk with us about HSAs and other fun stuff especially on picking great ETFs and how to manage an inevitable change in investing philosophy as you go with life. Listen on!

Timestamps of the episode:

-What is a Health Savings account or HSA in the first place? and how it really is helpful and a must have. [02:20]

-Limits and qualifications in opening a HSA account. [04:18]

-Fees involved in using the HSA and how to utilize it when the time of need comes. [07:48]

-The benefits of HSA among different age groups and why the younger you are the better. [09:56]

-The best part of having a HSA account which is underrated. [13:15]

-Why Andy's investing philosophy changed and how life undeniably had a hand. [18:05]

-Boring is great! Andy shares his process of picking great ETFs. [25:50]

-What to absolutely avoid in ETFs [30:35]

-The difference between ETFs and index funds. [32:10]

-How to manage your portfolio allocation in dealing with ETFs and index funds. [34:15]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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Masterclass Roundtable with Braden & Simon of The Canadian Investor Podcast

27 mars 2023 | 59 min

Welcome to the Investing for Beginners podcast! Today's episode, we will be joined by the hosts and good friends from the Canadian Investor podcast, Braden Dennis and Simon Belanger to talk with us in a kind of a masterclass session in each of their favorite companies. Listen on and get a crash course in knowing about the complexity of the semiconductor industry and the little known world of snowmobile recreational business.

Timestamps of the episode:

-Company in focus: ASML, the Dutch semiconductor lithography giant, one of the most important company that exists which no one knows about. [02:30]

-Why the semiconductor industry will become less and less cyclical in the coming years and how ASML will benefit from it. [07:10]

-The recent sanctions on tech against China, Taiwan-China crisis and how it will affect ASML in the long run. [11:28]

-Normalizing the demand ASML is getting and how the ongoing onshoring of chip production away from Southeast Asia will affect them. [13:39]

-ASML's rich valuation and geopolitical tie ups. [16:36]

-Next company in focus: Texas Instruments ($TXN), an analog semiconductor company that sits in the opposite spectrum of ASML. [20:30]

-The difference between analog and digital chips and why being in the analog space benefits TXN a lot. [24:21]

-The robustness of TXN's moat, their relentless focus on free cash flow per share and share buybacks.[27:30]

-Risks associated in TXN's business and change in management. [35:40]

-Last company in focus: Bombardier Recreational products ($DOO), a surprisingly sticky manufacturer of snowmobiles, and personal watercraft. [38:15]

-Inventory and high interest rate risk of DOO. [44:25]

-A good reminder that you don't need to swing in every single pitch. [49:25]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Resources and links mentioned in the show:

Braden and Simon's own investing podcast- https://open.spotify.com/show/2NG24rv3Mv09EMsIc6rVfs?si=aafee6b1ae95495e

The book Dave mentioned- Chip War https://www.amazon.com/Chip-War-Worlds-Critical-Technology/dp/1982172002

Braden's own investing research platform made for retail investors- https://www.stratosphere.io

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IFB270: The Difference Between Knowing the Name of a Thing & Knowing the Thing

23 mars 2023 | 29 min

Welcome to the Investing for Beginners podcast! In this episode, we will talk about a great learning technique pioneered by physicist Richard Feynman and how to apply it into investing itself. This is such an amazing tool as it forces you to go understand what you're learning in its first principles so listen on!

Timestamps of the episode:

-The Feynman technique and how to use it to become a better investor. [01:53]

-Reading the 10k's will always be the start in understanding any business. Also, respecting the too hard pile. [06:45]

-The simplest and easiest 10k's for beginners to read. [10:42]

-Putting it all together and what to do after understanding the business of a company. What's next? [13:36]

-Knowing the risk behind every business is the key. [17:00]

-The power of repetition and Charlie Munger's mental model on invert, always invert. [19:21]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

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IFB269: VTI (Value Trap Indicator) and Beyond

20 mars 2023 | 28 min

IFB268: Beyond Books: The Best Reading Resources for Investors

16 mars 2023 | 32 min

Welcome to the Investing for Beginners podcast! This episode will be a chock full of important names and resources on investing so be prepared! We will go through briefly on a lot of familiar investors (and obscure ones also) and their speeches and shareholder letters and tell you why they're worth your dime to read so listen on!

Timestamps of the episode:

-Peter Lynch and his investing style of knowing what you own. A classic. [02:27]

-Warren Buffett's speeches and his letters [03:52]

-Charlie Munger, the OG partner of Buffett that is a league of his own. [05:28]

-Howard Marks and his value investing memos: the sane voice amidst the noise. [08:18]

-Joel Greenblatt: the best value investor teacher. [11:00]

-Terry Smith and his Fundsmith shareholder letters: growth investing. [13:50]

-Tom Gayner of Markel, the lowkey investor following Buffett's investing style using insurance float. [15:00]

-Jeff Bezos' early Amazon shareholder letters and the persistent focus on free cash flow. [16:33]

-Jamie Dimon, CEO of JPMorgan Chase's shareholder letters, the second best to read after Buffett. [18:02]

-Mark Leonard's shareholder letters of Constellation software: relentless attention to ROIC, free cash flow and company culture. [19:33]

-Bill Ackman of Pershing Capital [21:55]

-Nick Sleep and Zacharia Nomad partnership shareholder letters, the pioneer of scale economies shared. [23:15]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Today's show is sponsored by Rent to Retirement

Rent To retirement offers fully turnkey properties that are newly built or renovated, leased & professionally managed, allowing you to invest with confidence out of state. They have single family, multi-family, new build & syndication opportunities across multiple markets. Rent To Retirement assists investors in learning how to build a comprehensive business plan with the best investment & tax strategies to achieve financial freedom through real estate investing!

To learn more, visit RentToRetirement.com/BEGINNERS. That's Rent T-O Retirement.com/BEGINNERS. Or call 800.311.6781 that's 800.311.6781 to learn more about how you can get started investing in some of the best cash flow markets today

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Resources mentioned in the show:

Most, if not all, can be found here- https://www.stratosphere.io/fund-letters/

Charlie Munger's speech transcript on the Psychology of Human Misjudgment- https://jamesclear.com/great-speeches/psychology-of-human-misjudgment-by-charlie-munger

Joel Greenblatt's Columbia class notes transcript- https://focusedcompounding.com/wp-content/uploads/2018/03/Joel-Greenblatt-Class.pdf

Howard Marks' memos- https://www.oaktreecapital.com/insights/memos

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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IFB268-Beyond-Books-The-Best-Reading-Resources-for-InvestorsDownload

You can find the transcript of today's show below:

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IFB267: How to Measure Liquidity in Investments

13 mars 2023 | 36 min

IFB266: Where Does the Money Go After Investing + Buying Companies Going Up

9 mars 2023 | 27 min

IFB265: You Don’t Need a Background in Finance to Invest

6 mars 2023 | 27 min

Brian Feroldi Discusses the Importance of Earnings + Much More

2 mars 2023 | 50 min

Welcome to the Investing for Beginners podcast! Today's episode we will be having a returning guest of the show for the third time! Brian Feroldi is back to discuss with us all about earnings call, how to approach position sizing, handle you own biases and more. Listen on as Brian's concise way of explaining things will surely leave you valuable insights to hold on to.

Timestamps of the episode:

-Brian talks about free sources to listen/access earnings call of companies you own and follow. [02:05]

-Why pay attention to earnings in the first place? [06:07]

-How to approach listening to earnings call if there's a lot of companies to keep tabs to. [07:18]

-Brian share his thoughts on position sizing and beginning a starter position. [09:45]

-Andrew talks about sunk cost fallacy and how this investing bias will cost you more than you intended to. [16:35]

-Differentiating between a good and bad investing decision. [19:29]

-Brian discusses Warren Buffet's investing checklist and how it will help individual investors stomach volatility. [22:58]

-How to decide what type of investor are you? [30:00]

-Learning accounting is a must and Brian emphasizes how crucial it is to learn the language of investing. [32:50]

-Brian takes a stab on Patrick O'Shaughnessy tweet on choosing three stocks to teach investing and shares his picks. [36:25]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Free earnings call sources mentioned in the show:

Quartr- https://quartr.com,

Tikr- https://www.tikr.com,

Seeking alpha- https://seekingalpha.com,

Stratosphere- https://www.stratosphere.io

Brian Feroldi's Twitter - https://twitter.com/BrianFeroldi

His youtube channel- https://www.youtube.com/@BrianFeroldiYT/featured

Today's show is brought to you by Shopify:

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For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Brian-Ferolid-Discusses-the-Importance-of-EarningsDownload

You can find the transcript of today's show below:

Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

Learn more about your ad choices. Visit megaphone.fm/adchoices

IFB264: Basics of Risk + REITs and DCF

27 februari 2023 | 37 min

IFB263: Buying Compounders + Insider Buying

23 februari 2023 | 28 min

IFB262: Why You Should Consider Buying "Boring' Businesses

20 februari 2023 | 35 min

IFB261: Mr Market and Margin of Safety: Our Two Favorite Mental Models

16 februari 2023 | 29 min

IFB260: Which Companies Would You Use to Teach a Finance Class?

13 februari 2023 | 36 min

Welcome to the Investing for Beginners podcast! Today's episode will be an investing class! Here we will take a stab on Patrick O'Shaughnessy's question posted in Twitter. (Link to the tweet- https://bit.ly/3HDqty4) The question goes like this: You get to teach an investing class by using three long term single case use stocks from any era. Berkshire's not allowed. Listen on as we discuss each of our picks that are sure good primer into what a great business is and vice versa!

Timestamps in the episode:

-Andrew's first case study: Coca-cola ($KO), a centennial multi-bagger brand. [02:14]

-The most obvious names can oftentimes make the most wealth in the stock market. [05:44]

-Dave's first case study: Visa ($V), the payment toll road king. [06:33]

-How Visa's business model changed into a scale not everyone expected it to be. [07:45]

-Andrew's second case study: Circuit city, the fallen electronics retailer. [10:44]

-Why a business that prioritizes growth at all cost can fall the hardest. [11:53]

-Dave's second case study: General Electric ($GE), a mature business on its last legs. [14:44]

-A perfect example of a company going through each stage of its business life cycle. [15:02]

-Why not all growth are not created equal. [18:00]

-Differentiating good acquisitions from bad ones. [20:18]

-Andrew's third case study: Tesla ($TSLA), the picture perfect growth machine. [21:57]

-A business on its early innings in real time. [25:05]

-Dave's third case study: Amazon ($AMZN), the e-commerce retail behemoth. [26:41]

-The management's relentless focus on free cash flow. [27:48]

Note: Timestamps may differ and are approximate, depending on your podcast player.

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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IFB260-Which-Companies-Would-You-Use-to-Teach-a-Finance-Class.docxDownload

You can find the transcript of today's show below:

Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Bird's Eye View of Texas Instruments, Focusing on Capital Allocation

9 februari 2023 | 39 min

IFB259: All About Taxes and Different Vehicles You Can Use to Help Reduce Your Taxes

6 februari 2023 | 33 min

IFB258: Discussion Around the Yield Curve and Potential Recessions

2 februari 2023 | 25 min

Michelle Marki and Signe Lonholdt of Investing Mastermind Podcast Join Us to Talk Value Investing

30 januari 2023 | 47 min

Welcome to the Investing for Beginners podcast! In today's episode, we have not only one but two great guests! Michelle Marki and Signe Lonholdt of Investing Mastermind podcast joins us in talking about value investing, networking and their annual Berkshire meeting experience. They also share about their goal in bringing more women in a male dominated investing industry and how it will have a better overall impact in the industry as a whole. Listen on! More minds, the merrier!

Timestamps of the episode:

-How the Investing Mastermind podcast started. [01:03]

-Signe shares how she and Michelle were brought up into investing. [02:20]

-The annual Berkshire Hathaway meeting experience- the Woodstock for capitalist. [04:28]

-They talk about how women can fit well in a male dominated industry such as investing. [09:31]

-Reasons why there is a scarcity of women in the investing industry. [14:50]

-Michelle and Signe's value investing style. [18:18]

-Why now is the best time to invest. [22:15]

-How having an investing partner or essentially being with like minded individuals really help. [26:00]

-Unsafe investing spaces and how the Buffet-Charlie investing style of kindness is needed in those spaces. [31:15]

-How to find and network with like minded people. [35:23]

-Where to reach and learn more about Michelle and Signe's work. [38:33]

Note: Timestamps may differ and are approximate, depending on your podcast player.

Michelle and Signe's Investing Mastermind podcast- https://open.spotify.com/show/5pLLzmn6aF5UUa9S8fCUnP?si=c6c4240520ad4558

their email- [email protected]

Michelle Marki's investing youtube channel- https://www.youtube.com/@MichelleMarki/featured

Signe Lonholdt's blog- https://www.aahus.com

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

Learn more about your ad choices. Visit megaphone.fm/adchoices

IFB257: How to Know When to Take a Loss + Buying Great Companies for a Fair Price

26 januari 2023 | 30 min

Chris Grainger Joins Us to Discuss Budgeting, Credit, and Investing

23 januari 2023 | 43 min

Evan of My Money Marathon Joins Us to Discuss Personal Finance + Investing

19 januari 2023 | 44 min

Welcome to the Investing for Beginners podcast! Today’s episode is a must for begginer investors! We’re having Evan from mymoneymarathon.com talk with us his investing journey and also gives good personal finance advice for people who are in their early 20’s like him. Evan runs the mymoneymarathon.com blog, a passion project of his with the goal of helping beginners into the world of investing. Our podcast shares his enthusiasm in spreading financial literacy and achieving financial independence so our conversation was such a treat! Listen on!

Timestamps of the episode:

-Evan introduces himself and shares his personal finance journey. [00:20]

-People are willing to share about investing/personal finance more than what you would think otherwise. [02:31]

-How Evan manages to avoid the usual early financial mistakes people at his age make. [03:51]

-Evan’s cool approach to budgeting. [06:23]

-Why he thinks investing is a must have for everyone. [09:06]

-Evan talks about saving vs investing and what made him hooked in the stock market. [10:54]

-The misconception that the stock market is inaccessible and is reserved only for the few. [14:10]

-How management fees can eat up your returns in the long term. [16:47]

-Setting up automation in investing is easier than it sounds. [18:22]

-Evan shares how beginners can start investing in the stock market. [19:45]

-How to manage your emotions when your investment portfolio is down. [23:25]

-The idea and goal behind Evan’s mymoneymarathon.com blog. [27:23]

-The most important thing he has ever done in investing. [31:15]

-Evan goes through some of his relevant blog post for beginners and gives out terrific advice as well. [31:55]

Evan’s blog- https://mymoneymarathon.com

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

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Contact [email protected] to advertise on Investing for Beginners podcast. The Investing for Beginners podcast is part of the Airwave Media podcast network.

Learn more about your ad choices. Visit megaphone.fm/adchoices

IFB256: How to Work with Probabilities in Investing

16 januari 2023 | 35 min

IFB255: Howards Marks and the Ongoing Sea Change

12 januari 2023 | 25 min

IFB254: P/E and Growth Plus Using a Reverse DCF

9 januari 2023 | 35 min

IFB253: Four Investing Biases and How to Overcome

5 januari 2023 | 35 min

Christine Short of Wall Street Horizon Joins Us to Discuss All Things Earnings Calls

2 januari 2023 | 55 min

IFB252: Retirement Calculator, P/B and P/S Ratios, and Reinvesting AT&T Dividends

29 december 2022 | 38 min

Bird’s Eye View of Warren Buffett’s Purchase of See’s Candies and What We Can Learn

26 december 2022 | 34 min

IFB251: How to Get the Most Out of My Companies Dividends + Investigating Brokerages

22 december 2022 | 36 min

Alex Gregory of Better Way Teaches Us About Private Equity

19 december 2022 | 44 min

IFB250: The Wealth Snowball Recipe

15 december 2022 | 33 min

IFB249: Should We Use DCA for Individual Stocks or ETFs?

12 december 2022 | 35 min

Bird's Eye View of Bear/Bull Case for Visa

8 december 2022 | 42 min

Bird's Eye View of Google's 10-K: How to Read

5 december 2022 | 45 min

IFB247: IFB247: Analyzing Apple & Tesla Through Back to the Basics

1 december 2022 | 38 min

Rich Howe Joins Us to Educate Us Concerning Spinoff Investing

28 november 2022 | 45 min

Grace Nicolette Talks to Us About the Importance of Philanthropy

24 november 2022 | 35 min

IFB246: How to Use Relative Valuation + Investing in New Companies or Current Portfolio

21 november 2022 | 38 min

Kevin Carter of EMQQ Joins Us to Discuss Investing in China, India, and Latin America Part 2

17 november 2022 | 29 min

Kevin Carter of EMQQ Joins Us to Discuss Investing in China, India, and Latin America Part 1

14 november 2022 | 40 min

IFB245: Should You Max Out Your 401k + Resources to Learn More About Dividends

10 november 2022 | 37 min

Louisa Nicola Joins Us to Discuss Improving Your Health to Make Better Decisions

7 november 2022 | 48 min

IFB244: How to Deal with a Few Companies Taking a Sizable Portion of Your Portfolio, Plus Index Funds & Trust Funds

3 november 2022 | 37 min

Bird's Eye View of HP Inc

31 oktober 2022 | 33 min

IFB243: What You Can Buy on the Dip

27 oktober 2022 | 27 min

Bird's Eye View of Mercedez Benz

24 oktober 2022 | 30 min

Andrew Schrage of Money Crashers Joins Us to Talk Finance and Side Hustles

20 oktober 2022 | 32 min

Bird's Eye View of Brookfield with Adrian of Stratosphere

17 oktober 2022 | 45 min

IFB242: How to Use Dollar Cost Averaging with a Fixed Amount + Defining Goodwill

13 oktober 2022 | 36 min

Patrick Findaro Joins us to Talk about Franchising and Opportunities for Visas

10 oktober 2022 | 39 min

Welcome to the Investing for Beginners podcast. In today's show, we chat with Patrick Findaro, managing partner of Visa Franchise, along with co-founding Vetted Biz:

Patrick discusses his background and how he started helping people emigrate to the US using the E2 Visa via franchising
He started the Vetted Biz website to help investors learn more about franchising
What kinds of different business models exist outside of restaurants in the franchise model?
What is the process of getting a franchise up and running?
Do the franchise agreements, leases, and visa all match up?
How to analyze franchises, is it different from analyzing equities or stocks?
Pros and cons of investing in franchiese versus stocks

Patrick is offering access to Vetted Biz for six months to the first ten people who email him at [email protected]

For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

You can find more from Patrick here:

Visa Franchise

Vetted Biz

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