How much in *assets* does a company need to produce $1 worth of *earnings*?
#2 Thing To Look For In A Balance Sheet
Where do these assets come from?
In particular, how much of these assets has to be put up by the *owners* of the business -- as opposed to other sources of funding (like debt and float)?
My friend @Gautam__Baid (and author of the excellent book, The Joys of Compounding) is launching a new Chapter.
It's called "Qualitative Investing And Fund Management".
Through this, Gautam wants to educate folks about important investing concepts.
A short thread: 👇👇👇
So, what's a "Chapter"?
It's a 4-week online course.
Once you enroll, you're given a curated set of resources that'll help you learn the basics of a subject over 4 weeks.
These resources are usually available for free online -- articles, blog posts, YouTube videos, etc.
Plus, you get access to an instructor (here, Gautam Baid). He shares his insights with you, you get to ask him questions, etc. -- through an online forum.
And you can also use this forum to interact with fellow course takers.