Hey Reader, In today's issue:
💸Sponsored by: Stock Simplifier Does stock research feel overwhelming? We know that feeling well. That's why the Brians (Feroldi, Stoffel, Withers) created Stock Simplifier. It is a complete, step-by-step system that teaches you how to analyze any stock like a pro—without getting lost in financial jargon. ✅ A self-paced course to build your research skills ✅ A powerful spreadsheet tool to speed up your analysis ✅ One live Q&A Workshop with us to answer your questions Analyzing stocks can feel overwhelming, but it doesn’t have to. Stop guessing and start using a repeatable, proven system to analyze stocks quickly.
💎NUGGETS My Favorite Finds 🧵Brian Stoffel teaches us how to read the cash flow statement. Important always, but today, even more so. 📖 Andy Jassey's 2024 Shareholder Letter, good weekend read. 🎥 Pricing and Peer Group analysis class from Aswath Damodaran. Do I need to say anymore? 📖 Buffett's thoughts on tariffs and trade from 2003. Still relevant today. 🎥 Chris Mayer wrote the book on 100 Baggers; here's a podcast defining his process. 📖 Michael Mauboussin discusses a company's lifecycle and how it moves through the stages. 🔍Question of the Week
📖Knowledge Tidbits
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Hey Reader,Did you know, when asked, Warren Buffett has always felt like his purchase of Berkshire Hathaway in 1965 was his worst investment. In today's issue: Links to the 2025 Berkshire Hathaway annual meeting Breakdown of the big news from the meeting Resources to learn more about Buffett and Berkshire Hathaway Much more..... 💸Sponsored by: Value Spotlight Investing is hard. Trying to pick individual stocks takes time and effort. But what if you could find someone to do the work for you?...
Hey Reader,Did you know Chuck Akre coined the term "compounding machines" to describe businesses that can reinvest their earnings at high rates of return over long periods. He prioritizes companies with durable competitive advantages like Visa, Mastercard, and American Tower. In today's issue: How to analyze a balance sheet < 2 minutes Breakdown of the Health Care Industry The ups and downs of buying the dip Much more. 💸Sponsored by: Finchat.io FinChat only runs two sales per year. One on...
Hey Reader,One of my favorite Charlie Munger quotes and it still resonates: Over the long term, it's hard for a stock to earn a much better return than the business which underlies it earns. If the business earns 6% on capital over 40 years and you hold it for that 40 years, you're not going to make much different than a 6% return -- even if you originally buy it at a huge discount. Conversely, if a business earns 18% on capital over 20 or 30 years, even if you pay an expensive-looking price,...