The first principle of investing is being capable of understanding the business. Are we capable of understanding this business? That's what we want to figure out here. And don't forget, you know, ultimately this is going to make you very rich. What confident you are. If you needed more motivation, it isn't just an exercise in voting for the future. It is also designed as a very practical way to have a very wonderful life. You know, what you want to do with it.
Phil and Danielle read through a 10-K report step by step so you can see exactly what it takes to understand a business. For show notes and more information visit www.investedpodcast.com
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