The Investing for Beginners Podcast - Your Path to Financial Freedom

Discover what to do when your stocks are automatically sold due to margin calls or account settings. Learn how to prevent unexpected sales and manage your portfolio effectively to avoid future issues. 00:00:38 - Listener Questions Introduction Addressing concerns about unexpected stock sales and solutions. 00:01:10 - Portfolio Auto-Sell Incident Listener's portfolio sold automatically, seeking advice on recovery. 00:01:30 - Possible Margin Call Explanation Insufficient funds may trigger automatic stock liquidation. 00:02:11 - Margin and Leverage Concerns Investing on margin can lead to forced sales. 00:03:00 - Avoiding Leverage Risks Avoid using leverage to prevent forced stock sales. 00:03:48 - Long-Term Investment Strategy Leverage conflicts with long-term investing due to market volatility. 00:05:17 - Learning from Mistakes Use this experience to reinforce sound investment practices. 00:06:23 - Understanding Margin Accounts Explanation of borrowing money from brokerages for stock purchases. 00:07:03 - Importance of Cash Reserves Maintain cash reserves to avoid margin calls and sales. 00:08:12 - Rebuilding After Auto-Sell Consider starting fresh with a long-term investment mindset. Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Nerdwallet.com/learnmore Get two hundred fifty dollars when you join Ramp. Go to ramp.com/BEGINNERS Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us in Episode 359 of the Investing for Beginners Podcast as we explore strategies to stay updated on your investments efficiently, balancing your busy life with smart, time-saving techniques. 00:00:51 - Staying Updated Efficiently Tips for tracking investments without excessive time commitment. 00:01:38 - Use Broker Alerts Set alerts for company updates and stock movements. 00:02:30 - Leverage Financial Tools Use APIs and platforms for quick company insights. 00:03:07 - Track Key Performance Indicators Maintain a spreadsheet to monitor company performance. 00:04:15 - Avoid Sensational News Focus on reliable sources to reduce emotional reactions. 00:06:30 - Balance Monitoring Frequency Understand when to check investments and when to relax. 00:09:41 - Analyze New Companies Efficient methods for evaluating potential investment opportunities. 00:12:14 - Utilize Screeners and Tools Use screeners to filter and analyze stocks quickly. Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Get two hundred fifty dollars when you join Ramp. Go to ramp.com/BEGINNERS Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us in Episode 358 of the Investing for Beginners Podcast as we explore the concept of the circle of competence, inspired by Warren Buffett, to enhance your investment strategy and decision-making. 00:00:51 - Circle of Competence Introduction Understanding your investment strengths and limitations. 00:01:12 - Origin of the Concept Popularized by Warren Buffett and Charlie Munger. 00:02:25 - Benefits of Knowing Your Competence Increases success by focusing on familiar areas. 00:03:18 - Risks of Overstepping Competence Avoid investing in unfamiliar industries. 00:04:21 - Competence Beyond Industries Includes investment strategies and personal temperament. 00:05:25 - Determining Your Competence Reflect on past experiences and strengths. 00:08:17 - Expanding Your Competence Follow curiosity to learn new investment areas. 00:13:49 - Practical Application Use daily observations to generate investment ideas. Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Get two hundred fifty dollars when you join Ramp. Go to ramp.com/BEGINNERS Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us as we explore the thrills and spills of investing! We discuss navigating the emotional rollercoaster of 100% gains and the art of bouncing back from losses. Finding 100% Gainers: The hosts discuss different approaches to finding stocks that could potentially double in value, focusing on sustainable growth vs. rapid price appreciation. (0:01:30 - 0:05:11) - ** Handling Big Gains: They debate the psychological challenges of managing large returns, emphasizing the importance of separating stock price fluctuations from a company's underlying business performance. (0:06:41 - 0:09:39) Identifying Narrative-Driven Investments: Learn how to discern whether a stock's rise is fueled by hype or strong fundamentals, using social media sentiment and business analysis as indicators. (0:12:08 - 0:13:56) Coping with Investment Losses: The hosts share strategies for dealing with the emotional impact of losing money, highlighting the importance of learning from mistakes and maintaining a long-term perspective. (0:21:48 - 0:25:58) Building a Winning Investment Mindset: The episode concludes by emphasizing the need to balance confidence with realistic expectations, accepting that not every investment will be a home run. (0:27:04 - 0:30:04) Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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 Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Investing for Beginners podcast, episode on capital allocation. Join Dave and Andrew as they explore the importance of capital allocation in investing, discussing its impact on company performance and shareholder returns. 00:00:38 - Introduction to capital allocation and its importance 00:01:26 - Definition and overview of capital allocation 00:04:54 - Discussion of different capital allocation options (dividends, share buybacks, reinvesting, debt reduction) 00:11:05 - Importance of capital allocation and why CEOs often struggle with it 00:15:48 - Metrics for evaluating capital allocation (ROIC, free cash flow, dividend yield, share buyback effectiveness) 00:26:45 - Discussion on debt as a capital allocation strategy 00:29:03 - Examples of companies with good and bad capital allocation practices 00:35:47 - Conclusion and wrap-up Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Nerdwallet.com/learnmore Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Investing for Beginners podcast, episode 352. Join Dave and Andrew as they answer listener questions about investing strategies, portfolio management, and stock picking in this informative and engaging discussion. Summary with timestamps: 00:00:00 - Introduction and overview of the episode 00:00:42 - Question about tools and resources for following industry connections 00:08:35 - Discussion on diversifying portfolios with ETFs 00:12:54 - Question about dollar-cost averaging (DCA) strategy 00:19:10 - Balancing retirement and brokerage portfolios 00:21:22 - Question about investing a large sum in a single stock 00:31:27 - Wrap-up and closing remarks The podcast covers various investing topics, including: Research tools for understanding industry connections Diversification strategies using ETFs Pros and cons of dollar-cost averaging Managing different types of investment accounts Considerations for investing a large sum in a single stock Throughout the episode, Dave and Andrew provide practical advice and personal insights based on their investing experience, while emphasizing the importance of long-term thinking and understanding one's investment goals. Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Compoundingquality.net X: @QCompounding LInkedIn: Pieter Slegers Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

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: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, Evan joins us to discuss crucial financial concepts that can impact your long-term success. He shares his experience of managing a significant income increase, the importance of proactive financial habits, and the benefits of investing early. Learn about avoiding common pitfalls and making smarter financial decisions. Dive in! 00:00 Treating extra money as essential; avoid overspending. 05:40 Navigating financial education, questioning concepts, discovering investing. 07:52 Avoid short-term, complex trading for long-term growth. 11:27 "Dollar cost averaging: Simple, effective investment strategy." 15:06 Standard savings accounts provide minimal growth opportunity. 17:26 Misunderstanding credit can lead to financial trouble. 21:18 Building credit is important, but not decisive. 24:52 Roth IRA: tax-free, accessible in emergencies. Standard taxable brokerage account: subject to taxes. 27:50 Shift to bonds as retirement nears for security. 32:30 Start small, build habit, secure financial future. 33:44 Find impactful, straightforward financial resource online. Financial Birds Bees Here Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey there, beginner investors! In this episode of The Investing For Beginners Podcast, host Dave explores Hamilton Helmer's "Seven Powers" framework for sustainable competitive advantage. The seven powers include Scale Economies, Network Economies, Counter Positioning, Switching Costs, Branding, Cornered Resource, and Process Power, with real-world examples like Netflix and Amazon. 00:00 Experienced consultant, author, and teacher in strategy. 05:14 Companies gain competitive advantage through superior processes. 09:29 Netflix's growing subscriber base bolstered investment. 10:47 Netflix grows value through data and content. 17:42 Amazon's distribution network and process power unparalleled. 20:56 Microsoft transitioned to cloud, disrupting traditional model. 24:44 Identify indicators early for strong investment choices. 27:21 Diversify portfolio with different growth drivers. Checklist. 28:41 Understanding and analyzing company advantages and impact. Today's show is sponsored by: Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey there, beginner investors! In this episode of The Investing for Beginners Podcast, Giuliano Mana from Argentina discusses the importance of reading, building mental models, and applying interdisciplinary wisdom to investing. We explore insights from thinkers like Charlie Munger and analogies between business and nature. Don't miss this enlightening conversation! 00:00 Reading fosters deeper learning than podcasts or videos. 10:17 Leveraging ideas for better living and investing. 11:44 Compete with the mind, embrace simplicity. 20:26 Curious about lack of writings beyond investing. 26:04 Investment community incorporating behavioral economics in analysis. 32:03 Man discovers subconscious memory of Latin name. 38:01 Feynman confirmed no absolute truths in investing. 42:20 Assigning weight to position based on certainty. 47:05 Darwin's idea of natural selection revolutionized science. 51:37 Open-mindedness fosters growth; contrarianism for its sake stifles. 58:53 Understanding investing principles relies on more than repetition. 01:03:56 Importance of understanding and analyzing investment decisions. 01:10:32 Understand companies before investing; some are complex. 01:13:00 Businesses relate to plants' reproductive strategy. Attractiveness for reproduction and marketing. Learn more from Giuliano here: X: @Giuliano_Mana O to 1 in the Stock Market Today's show is sponsored by: Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Investing For Beginners Podcast! Dave and Matt Cochrane discuss the wealth-generating potential of the US stock market, focusing on economic moats in companies like Berkshire Hathaway, Amazon, and Google. Matt emphasizes evaluating moats, track records, and market disruption, sharing tips and early investment lessons for robust strategies. 00:00 Learning finance from books, managing tight finances. 03:20 Users patiently answered basic investment questions, fostering growth. 09:35 Live as if God or stock thrives. 12:04 Economic moat: Competitive advantage protecting company. 15:51 Telephone network effect creates valuable economic mode. 18:12 AWS migrated from Oracle, posing challenges. 23:21 Brand loyalty and value in consumer choices. 26:40 Highly profitable company in Permian Basin, Texas. 29:46 Southwest Washington had successful low-cost flight strategy. 31:52 Analyze company track record, assess competitive moat. 35:28 Efforts to rival Facebook failed, meta's strength. 39:23 City needs big three ratings for bonds. 41:26 Nvidia and Taiwan Semi lead in innovation. 43:54 Tech giants making own chips, consider valuation. 47:04 Praising Brian and the team's fantastic work. Learn more about Matt here: X: @TheMattCochrane Long-Term Mindset Newsletter Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link Today's show is sponsored by: Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Investing For Beginners Podcast! Kris Heyndrikx from Potential Multibaggers shares insights on investing, emphasizing company management and visionary leadership. With a background in linguistics, journalism, and teaching, Kris values reading, writing, and minimizing luck in investing. He discusses companies like Nubank and Shopify as potential multibaggers. 00:00 Inexperienced investor makes mistakes, learns from them. 04:33 Transition from commenter to sought-after writer and advisor. 08:22 Teacher didn't have time, but friend did. 10:54 Average American watches 3 hours of movies. 13:55 I focus on facts, not others' opinions. 19:07 Studying stocks leads to insights in diverse fields. 23:07 People matter in management; CEOs make difference. 26:09 Visionary individuals pursue seemingly impossible, ridiculed goals. 30:25 Unique isn't always that unique; patterns matter. 33:58 Criteria great, Nubank impressed and sold. 35:30 Complicated IPO, podcast insights from industry leaders. 40:45 Focus on winners for long term investing. 41:58 Investing strategy: holding long-term on winners. 45:03 Focus on growing position, especially in Shopify. 48:06 Grateful for input, sharing show notes. Enjoyable conversation. Find more of Kris here: X: @FromValue Substack: Multibagger Nuggets (Free Content) Podcast: Multibagger Nuggets Linked In: Kris Heyndrikx Here's the link with a 2-week free trial and a 20% discount if you stay for Potential Multibaggers. https://seekingalpha.com/affiliate_link/Dave Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link Today's show is sponsored by: Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Sign up for a one-dollar-per-month trial period at shopify.com/beginners. SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Investing For Beginners Podcast! I'm your host, Dave. Today, Brian Feroldi from Long Term Mindset shares wisdom on stock fundamentals, company moats, and financial statements. Whether you're a novice or seasoned investor, tune in for actionable insights and secrets to successful investing. Check the show notes for more! 00:00 Researching companies using Google and investor relations. 03:15 Quickly assess company info and potential interest. 07:58 Checking inventory, goodwill, and company growth preferences. 12:46 Analyze company's financials for growth and stability. 13:50 Analyze cash flow to assess company performance. 19:15 Customers reluctant to switch vendors, market leadership, low cost operations, brand value. 22:52 New shoe brand, cybersecurity, and streaming markets. 26:47 Customer behavior crucial in evaluating company's success. 28:54 Strong customer relationships, essential recurring revenue. 31:51 Importance of CEO's stock ownership in management assessment. 37:12 Long-term stock performance key for fundamental investing. 38:09 Long-term stock performance tells shareholder value story. 41:21 Free investment checklist with scoring system available. Learn more about Brian: X: @BrianFeroldi Youtube: Long Term Mindset LinkedIn: Brian Feroldi Today's show is sponsored by: Go to shipstation.com and use code INVESTING to sign up for your FREE 60-day trial. Go to monarchmoney.com/BEGINNERS for an extended 30 day free trial! Find great investments at Value Spotlight Have questions? Send them to newsletter@einvestingforbeginners.com Start learning how to value companies here:  DCF Demystified Link SUBSCRIBE TO THE SHOW Apple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices