We have a pretty strong idea of a few things. Theres there is a moat. We can see it. It's not difficult to spot what is preventing competition against this company. Why do they have a quasi monopoly going here? These guyes are ten years old. Ah, and then we have some degree of understanding about the management team. Often that's where an issue is. But in general, wed like the management team, and, you know, plan on seeing them stay there as long as forever. And then finally, we've run a preliminary view of valuation on this company, running it through all three valuation metrics because they're pretty fast. I mean, classic,
After walking through the first few steps of the Investing Checklist -- Munger’s 4 Principles, Ackman’s 8 Point Checklist, basic valuation, and research -- what comes next?
A good place to start is by choosing a company or industry that’s relatively easy for you to understand and practice digging deeper in research using the checklist...even if you don’t end up investing in that company.
Join Phil and Danielle as they continue their conversation about the Investing Checklist Logistics to dig even deeper and help you better understand the companies you’re interested in and the best process you should follow to see success when it comes time for you to invest.
To see the must-have investing checklist Phil and Danielle use, download your own copy for FREE here: https://bit.ly/3Inmmpv
Topics discussed in this podcast:
- Investing Checklist
- The Role of Competition
- Investing Research
- Investing Resources
Additional resources discussed in this podcast:
For show notes and more information visit www.investedpodcast.com.
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