Hey Reader, In today's issue:
💸Sponsored by: Start demystifying the stock market with the School of Investing. Stop procrastinating or wondering where to start. Our comprehensive School of Investing is designed for everyone, from beginners to advanced investors. 🎓 Why Choose Us?
🔍 What You'll Learn:
Connect, Learn, and Grow with Value Spotlight. 💎NUGGETS My Favorite Finds It's here, Warren Buffett's latest Annual Letters to Shareholders—Christmas for value investors. New paper from Michael Mauboussin, Probabilities and Payoffs, always worth a read. Companies love to hide important information in the notes. Here, New Constructs teaches us how to find those nuggets. Great thread on how to analyze the income statement, balance sheet, and cash flow statement in < 5 minutes. Fantastic lessons on how to break down the revenues of a company line by line. Great interview with John Rotonti breaking down starting an investment portfolio from scratch. 🔍Question of the Week What 3 companies do you feel have the strongest moat? Let me know in the replies. 📖Knowledge Tidbits
Thanks,
|
Unlock the mysteries of the stock market with us! We break down complex topics into simple, easy-to-understand language. Join over 21,000 readers, including professionals from Visa, Wells Fargo, and Moody's, who receive our insights every Tuesday.
Hey Reader,Did you know that Buffett's initial American Express investment returned 124% in just 2.5 years - While the broader market (Dow Jones) declined by 6% during the same period, Buffett's contrarian bet paid off dramatically by 1967 when the stock more than doubled from his average purchase price of $41.22 to $92.50. In today's issue: Brian Stoffel breaks down how to read the cash flow statement. Warren Buffett's thoughts on tariffs and trade from 2003. Pricing and peer groups from...
Hey Reader, Charlie Munger viewed market swings as opportunities, not threats. He dismissed volatility as risk, instead focusing on business quality and maintaining emotional discipline during market swings. He once said, "we don't give a damn about lumpy results." In today's issue: Warren Buffett and Charlie Munger's thoughts on risk and volatility. Important words in today's markets. Howard Marks on tariffs and credit spreads What is the strongest moat from Nick Sleep Everything about the...
Hey Reader,Did you know the cash flow statement didn't become a requirement until 1987? Before 1987, Companies were not required to prepare one. Instead, they often included a "funds flow statement" or "statement of changes in financial position," which focused on working capital changes rather than actual cash movements. In today's issue: Aswath Damodaran takes us back to the basics of free cash flow Brian Feroldi breaks down the cash flow statement, the base for all free cash flow...