Stephen Clapham

Experienced investor and author, Stephen Clapham, shares valuable insights on detecting frauds, finding interesting ideas in different geographies, leveraging friends as an investing filter, utilizing stock charts, evaluating management red flags, heavy emphasis on back-of-the-envelope evaluations, pitfalls of ESG investing, and the best ways to build investing skills.

Stephen Clapham, a distinguished analyst and author of 'The Smart Money Method,' shares invaluable insights gained from his extensive experience in finance. He highlights the critical importance of accounting skills in asset management and critiques traditional training programs. Clapham discusses the pitfalls of relying on probabilities in earnings estimates, advocating for presenting data in ranges to convey uncertainty. He also reflects on managing information overload in investing while emphasizing the balance between narratives and hard facts in company evaluations.

Forensic analyst Stephen Clapham discusses investing in wine, luxury products, Charlie Munger's influence, Australian investment opportunities, concerns about Tesla, and the importance of auditor reports.

Stephen Clapham, creator of Behind The Balance Sheet podcast, discusses clues in company accounts missed by investors and journalists. Topics include analyzing shareholder registers, mistakes in acquisitions, motivations behind deals, high margin red flags, and the value of education in investing.

Stephen Clapham, founder of Behind the Balance Sheet and investment analyst with over 25 years of experience, shares his insights on investment strategies and training for finance professionals. He discusses his book, innovative methods for assessing undervalued companies, and the potential profit in investing with unconventional entities. Clapham emphasizes the shift in the investment landscape, the importance of re-evaluating strategies after market declines, and breaking down the skills gaps within the industry.