Thread by @Invest_Books

🚀🎁

Here is an ultimate thread to understand entire stock investing process...

SIMPLIFIED INVESTING...

And books that can help you to do each step in this process...

🔁 Retweet and BOOKMARK MUST...

(1/n)

#weekendvibes #investing #BookShelf

Start with stock screening process...

This will help you to reduce universe of research for next steps to fewer companies

Common Stock uncommon stocks has entire checklist which you can apply on @screener_in developed by @faltoo

At 93 Rs only

(2/n)

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Next step after screening is analysis of financial statements...

These are some of the ultimate books that will help you

Income Statement: amzn.to/3r5WncY

Balance Sheet: amzn.to/2NOeHZI

Cashflow Statement: amzn.to/3rb0MeJ

(3/n)

Once you have completed financial statement analysis, jump to RATIO ANALYSIS

This is important aspect of stock analysis. Various sources like annual report, financials will help you get data.

Below book will help you with process

At 93% DISCOUNT

(4/n)
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Then you need to understand competitive advantages and moats of companies...you can follow @Vivek_Investor for such topics..

Also, below book will help you do that..

(5/n)

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Then understand sectors and cycles as well as CAPITAL ALLOCATION

This book will help you and you can also follow @jitenkparmar who is expert in cyclicals...

(6/n)

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Then study traits of successful companies

What makes a company truly outstanding?

What is the secret sauce of delivering successful results over multiple decades?

What is common to Asian Paints, HDFC Bank, Marico, Berger Paints, Page & Astral?

(7/n)

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Once these traits resonate with company you have studied, think of long term investing in these consistent compounders...

@MarcellusInvest has laid out the framework in their book Coffee Can investing...also recommended by @dmuthuk

(8/n)

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Once you like the company, apply value investing principles to ensure MARGIN OF SAFETY and post that your psychology and behavior are important aspects..

Read this GEM by @PPFAS for this..

(9/n)

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Finally just sit, relax and monitor your company...

Enjoy the JOYS OF COMPOUNDING...

Live a happy life with this masterpiece from @Gautam__Baid

(10/10)

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