Making sense of financial statements. June 30, 2023

1

Introduction

00:00 • 2min

2

The Basics of Investing

01:36 • 3min

3

The Power of Clarifying Your Thoughts

04:35 • 2min

4

How to Write a Profit and Loss Statement

06:37 • 2min

5

The Importance of Revenue Recognition

08:22 • 2min

6

How to Measure Profitability in a Loss Making Business

10:30 • 3min

7

The Importance of Unit Economics

13:01 • 1min

8

The Importance of Gross Profit

14:28 • 5min

9

The Advantages of Scale

19:34 • 3min

10

The Advantages of Owning a Bentley

22:43 • 5min

11

How to Scale a Service Business

27:24 • 3min

12

How to Maximize Profit Growth in Fixed Costs

30:12 • 4min

13

The Importance of Scaling Your Business

34:24 • 2min

14

The Cost of Spending Money to Make Money

36:50 • 3min

15

The Mistake of Giving Up Too Soon

39:30 • 5min

16

The Importance of LTV Over CAC

44:52 • 3min

17

The Cost of Overinvesting in a Brand

47:58 • 3min

18

The Pros and Cons of Using Tax as a Capital Structure Agnostic Approach

51:19 • 3min

19

Operating Profit to Cover EBITDA

53:54 • 5min

20

The Importance of Cash Conversion in a Cap X Company

58:57 • 2min

21

The Importance of a Holistic View of the Balance Sheet

01:00:40 • 5min

22

The Importance of Accrual Accounting in Business

01:05:38 • 2min

23

Objective Corp.'s Net Profit Margin Is 20%

01:07:17 • 3min

24

Supply Networks: A 500 Million Dollar Company

01:10:33 • 4min

25

The Importance of Valuation

01:14:12 • 3min

26

The Dunning-Kruger Effect

01:17:36 • 2min

27

The Importance of Knowledge in Stock Picking

01:19:13 • 5min