Pat Dorsey's "The Five Rules For Successful Stock Investing" is probably a Top 5 investing book in my opinion (for long-term investors in individual stocks).
Here's an excellent summary by Amey Chheda @FinMedium 👏
Growth, Profitability, Risks/bear case (shown below)
Financial Health , Management (not shown below)
On Valuation (when to use what type of approach). 🔢Excellent section.
There's many more good sections in the book on
-Identifying Red Flags and pitfalls to watch out for
-The 10-Minute Test to filter stocks for research
-How to do a detailed examination of selected stocks.
Overall, a highly understandable and extremely useful book.👍
/END.
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The Current Investing Landscape (article from Oct 2018, further elevated now)
Some good quotes
"Investment theses were formulated that described only the quality of the business and its growth prospects, but made no mention of the price and why it offered an attractive return."
The point of the thread is not to show off, but to share my experiences & general lessons with whoever is interested & applies to. Divided into the below sections.
Philosophy
Trends
Research
Thesis
Valuation
Financials
Buying
Holding, Maintenance
Selling
✔️My Philosophy
- Invest your Capital with the best Businesses & Mgmt Teams.
- Hold for longterm as long as the biz quality/strength are improving & intrinsic value is growing.
- Learn from mistakes & improve the process.
- Expect & take advantage of Volatility along the way.