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Compounding Quality Profile picture
@QCompounding
Aug 9, 2023 • 8 tweets • 3 min read • Read on X
Scrolly
Accounting is the language of business.

Via this 7-page cheat sheet you learn everything you need to know: Image
Principles, Formulas & Business Types: Image
Assets, Bonds & Depreciation: Image
Balance sheet: Image
Income Statement & Cash Flows: Image
Owners Equity: Image
Journal entries: Image
That's it for today.

If you like this, you'll LOVE our free course.

It teaches you how to read Financial Statements like a professional.

Grab it for free here: https://t.co/Xq8OSGltSceepurl.com/h9kw29T
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More from @QCompounding

Compounding Quality Profile picture
Feb 6
My all-time favorite investing book?

It might be One Up on Wall Street. It's full of investment wisdom.

Here are the 10 most valuable lessons from this classic: Image
1. Stay within your circle of competence

Only invest in what you understand Image
2. Buy great companies

You avoid a lot of value traps when you only buy quality companies Image
Read 12 tweets
Compounding Quality Profile picture
Feb 3
Warren Buffett once said

"Our favorite holding period is forever"

Here are 10 stocks to own for the next 50 years. Image
10. Zoetis ($ZTS)

Animal health company specializing in veterinary medicines and vaccines.

Relevance in 50 years: Rising pet ownership drives continuous demand for animal healthcare. Image
9. Old Dominion Freight ($ODFL)

Top U.S. less-than-truckload (LTL) freight transportation company.

Relevance in 50 years: Dominance in logistics will remain crucial for supply chains. Image
Read 13 tweets
Compounding Quality Profile picture
Jan 30
American Hedge Fund billionaire Bill Ackman is a learning machine.

"You can learn investing by reading books."

Here are his 9 favorite investing books everyone should read: Image
1. Security Analysis

This book is a valuation masterclass.

"The stock market is a voting machine in the short run and a weighing machine in the long run." Image
2. Quality of Earnings

This book shows the importance of examining a company's financial statements and earnings to determine their true quality and reliability Image
Read 12 tweets
Compounding Quality Profile picture
Jan 29
Those who keep learning keep rising in life.

Here are 27 book recommendations by Warren Buffett from

1. Shoe Dog — Phil Knight

Buffett: “The best book I read last year. Phil is a gifted storyteller.” kevinrooke.comImage
2. Poor Charlie’s Almanack — Charlie Munger

Buffett: “This book is something of a publishing miracle—never advertised, yet year after year selling many thousands of copies from its Internet site.” Image
3. The Outsiders — William Thorndike

Buffett: “An outstanding book about CEOs who excelled at capital allocation.” Image
Read 28 tweets
Compounding Quality Profile picture
Jan 29
The 25 best quotes of Charlie Munger

1. Investing is where you find a few great companies and then sit on your ass.

2. The big money is not in buying or selling, but in the waiting. Image
3. Like Warren, I had a considerable passion to get rich, not because I wanted Ferrari's - I wanted the independence. I desperately wanted it.

4. We have a passion for keeping things simple.
5. Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.
Read 13 tweets
Compounding Quality Profile picture
Jan 26
15 Books That Turn Ordinary Investors Into Professionals:

1. One Up on Wall Street – Peter Lynch

Peter Lynch turned $18 million into $14 billion by keeping it simple.

He believed the best investment ideas start in your daily life: the stores you shop at, the brands you love. Image
2. The Intelligent Investor – Benjamin Graham

This book is the foundation of everything.

This is where Warren Buffett learned about “Mr. Market” and the difference between price and value.

It teaches you how to invest rationally when everyone else is losing their mind. Image
3. Security Analysis – Graham & Dodd

Is this book dense? Yes. But worth every page.

It’s the blueprint for analyzing businesses from the ground up: income statements, balance sheets, and valuations.

If you can read this book, you’ll never look at a stock the same way again. Image
Read 15 tweets

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