Some people call net nets or tocks, that are basically priced at the liquid assets of the company. After you subtracted all of the debt, you can buy the company for that price. And buffet was doing an awful lot of that kind of buying back in those days. It got very hard to do by the 19 sixties as the market kept going up and up and up. But it's not a bad thing to learn about, because an, we'll talk about it and the podcast down the road.
So you’ve made it through the first two steps of the investing pyramid and are now wondering what comes next?
In this episode, Phil and Danielle walk through the first few steps of the Investing Checklist, explaining the importance of basic valuation, company research, and how your decision to include a company in your portfolio should be an iterative process.
You’ll also learn about helpful resources Phil, Danielle, and Rule #1 Workshop attendees use to see success, which are also linked below.
To dive deeper into the checklist, download your own copy of the must-have investing checklist for FREE here: https://bit.ly/303Fs2U
Topics discussed in this podcast:
- Investing Checklist
- Company Valuation
- Investing Research
- Helpful investing tools
- Case Studies/Historical Examples of Companies that Have Passed the Investing Checklist Steps
Additional resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com.
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