7 Cheat Sheets to Change Your Life

1. Finance Cheat Sheet 2. Excel Cheat Sheet

One of the best businessmen in the world?

Jeff Bezos

Today, I'm sharing 15 lessons that made him a fortune 1. It's all about the long term

🧵 25 Things I wish I knew about investing 20 years ago.

Lesson 1: Invest for the long term.

In the short run, stock returns can be very volatile, but they are very robust in the long run. Over time, stocks always perform better than bonds. Lesson 2: On average, you double your money in the stock market every 10 years.

The real return on equities (after inflation) has averaged 6.8% per year over the past 204 years.

Ray Dalio owns the largest Hedge Fund in the world.

His book Principles is a must read.

Here are the top 10 Lessons from Ray Dalio's Book "Principles" 1. Think of life as a game

Every challenge or setback you encounter presents an opportunity to unravel a puzzle.

By successfully resolving these puzzles, you acquire valuable principles.

The basics of investing

1. What is investing 2. What are the basic types of investments?

The business book Elon Musk recommends to everyone?

Zero to one by Peter Thiel

Here are 12 powerful lessons from the book 1. "Every moment in business happens only once."

Copying others takes you from 1 to n.

Creating something new is going from 0 to 1. True innovation is singular.

The one thing that keeps me going? Motivational visuals.

Here are 15 powerful visuals to change the way you think

Big thanks to @visual_hustles for sharing these @visual_hustles 1. Just do it

Criteria to screen for quality stocks

- Revenue growth > 5%
- Earnings growth > 7%
- FCF / earnings > 80%
- ROIC > 15%
- Net debt / FCFF < 5
- Debt/equity < 80%

Here are 15 Quality Stocks you should know: 1. Apple ($AAPL)

Apple is the largest company in the world manufacturing smartphones, personal computers, and tablets. 18% of all new phones sold are iPhones.

- FCF Margin: 28.3%
- ROIC: 48.8%
- FCF Yield: 3.5%
- Exp. yearly FCF growth (3 yr): 5.7%
- CAGR since IPO: 19.5%

The best books I have ever read about management?

Outsiders by William Thorndike.

Here are 12 timeless lessons from the book for investors 1️⃣ Managers should think like investors

Great CEOs prioritize increasing per-share value over revenue growth.

It's not about being the biggest. It's about being the most valuable.

Charlie Munger always used 4 criteria to buy stocks.

It allowed him to make good and rational investment decisions.

Let's dig into them: Here are the 4 criteria of Charlie Munger:

1️⃣ The business must have a moat
2️⃣ You need to be able to understand the business model
3️⃣ Management must have talent and high integrity
4️⃣ There should be a margin of safety

How does Warren Buffett calculate the intrinsic value of a stock?

He looks at the Owner’s Earnings.

Today, I'll teach you everything you should know 👇 1. Formula
Owner’s Earnings = Earnings Per Share (EPS) + Dividend Per Share

It reflects the real cash flow available to investors after all expenses are covered.

Daniel Kahneman passed away recently

He changed the world of behavioral finance

Here are 10 things I learned from his book Thinking Fast and Slow as a way to say thank you: 1️⃣ Our brain uses two systems: System 1 and System 2

System 1 is fast, intuitive and automatic. It is prone to biases and errors such as overconfidence.

System 2 is slow, analytical, and deliberate. It is necessary for complex tasks requiring focused attention.

Chuck Akre’s wisdom can simplify the most complex ideas in investing.

I’ve summarized 11 of his most impactful quotes.

These will teach you more than 11 books 1. Diversification

"We’d rather own a few extraordinary businesses than many mediocre ones."

Warren Buffett once said:

"The first rule of an investment is don't lose money. And the second rule of an investment is don't forget the first rule."

Here are 10 most important business risks: 1. Having a lot of debt

When a company owes a lot of money, it may struggle to pay its bills.

Too much debt can lead to bankruptcy.

The one thing where it all comes down to?

Free cash flow.

Today, I'll teach you need to know: 1. What is free cash flow?

FCF is the cash that enters a company minus the cash that leaves it over a specific period.

Charlie Munger once said

Everyone is trying to be smart, I'm just trying NOT to be stupid.

Here are 10 stupid things you should avoid in investing. 1. Don't have a plan

If you don’t have a plan, you’re just guessing.

Guessing leads to losing money fast.

Howard Marks once said:

"It's not what you buy, it's what you pay. And success in investing doesn't come from buying good things, but from buying things well."

Here are his 10 largest positions: 1. Torm Plc

Torm is a shipping company that primarily transports refined oil products and crude oil globally.

- Net Profit Margin: 44.7%
- ROIC: 12.3%
- Forward PE: 5.3x
- Long-Term Growth Est.: +25.1% per year

10 Amazing documentaries you should add to your watch list:

1. Trump - An American Dream 2. Inside Job

You know why I'm a quality investor?

Quality stocks outperform the market.

Here are 15 quality stocks you should know: 1. Fortinet

Warren Buffett once said

"Our favorite holding period is forever"

Here are 10 stocks to own for the next 50 years. 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.

Terry Smith is the best quality investor in the world.

His fund compounded at a phenomenal CAGR of 15.6%.

Let's discuss his top 10 positions: 1. Microsoft (MSFT): 11.8% of Portfolio

Develops software, hardware, and services, known for Windows, Office, Azure, and Surface products.

- Net Profit Margin: 36.4%
- ROIC: 28.9%
- Forward PE: 33.5x
- Long-Term Growth Est.: +13.7% per year