Welcome back to The Investing For Beginners Podcast, episode 330! I'm Dave, and with me is my co-host Andrew. Today, we're unpacking the significance of ROIC and price to free cash flow in company analysis. Understanding these numbers could be the difference between picking a gem and falling for a dud.We're also exploring the intricate balance between art and science in investing. Whether you lean towards growth or value strategies, we'll discuss how intuition and analytical rigor shape your investment choices.For an extra special twist, Andrew and I are in the same room, broadcasting live together for the first time ever! We'll dissect the theory of intrinsic value and the conundrum of market inefficiencies, taking a close look at intriguing cases like Netflix.Plus, we'll get into the nitty-gritty of P/E ratios and how market sentiment reflects in these figures. Ready for a journey into the heart of investing wisdom? Stay tuned as we merge hard data with gut feeling in this unique episode of The Investing For Beginners Podcast!00:00 Intrinsic value: easy to visualize, agreed societal worth.03:41 Efficient market theory, new info affects stock prices.07:06 Science of stock valuation focuses on numbers. Art involves interpreting news and industry for value.12:37 Comparing Visa and PayPal’s revenue growth.15:22 PayPal and Visa acquisition prospects diverge.16:44 Balancing intuition and logic in investment decisions.20:47 PE ratio gives relative idea of value.26:20 Higher ROIC linked to higher company valuation.28:40 Different types of businesses have different ROICs.32:39 Long-term decline leads to shareholder value destruction.35:39 Growth investing values future, value focuses on past.37:56 Mature businesses are more stable than growth.41:26 Invest in companies with growth potential and stability.For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Find great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.comToday's show is sponsored by:Get 55% off at Babbel.com/BEGINNERS.Go to greenchef.com/60beginners and use code 60beginners to get 60% off, plus 20% off your next two months!Use promo code INVESTING today at shipstation.com to sign up for your FREE 60-day trial.SUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

We are excited to have Noah Kagan, author of the Million Dollar Weekend to our show. Noah has been a huge influence on both Andrew and I over the years.Noah is an entrepreneurial visionary who challenges traditional notions about what it takes to start a business. Contrary to popular belief, he asserts that neither an Ivy League education nor substantial funds are prerequisites for success. With a skeptical view on the need for a formal education or extensive courses to launch a venture,Noah advocates the entrepreneurial path as the ultimate investment. He believes in the potential for unlimited returns, making it an opportunity that transcends conventional investments. Noah's journey and insights offer a fresh perspective to beginners eager to step into the world of business without the constraints of conventional wisdom.00:00 Invest capital, start business, make significant sales.05:48 Focus on action, ask for what you want.08:28 Solving problems leads to business opportunities.12:14 Investing for the long term mindset success.15:46 Stick with building software, service for 100 days.17:45 Neighbors reject business idea, reflect on skills.20:30 Search docusign emails, talk to contacts, simplify.25:25 Compounded momentum in business, longevity needs acknowledgment.28:04 Instagram showcases idealized lives, but hides struggles.32:31 Rejection and failures are learning opportunities.35:44 Overcoming fear of rejection leads to growth.38:56 "Start small, build courage, gain confidence, succeed."40:48 Invest wisely, pursue happiness, change generational cycles.46:21 Noah's book inspired successful entrepreneur journey.47:07 Noah, thanks for your valuable, inspiring message.You can find more about Noah including his wonderful book here:NoahKagan.comFor more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Find great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.comToday's show is sponsored by:Get 55% off at Babbel.com/BEGINNERS.Go to greenchef.com/60beginners and use code 60beginners to get 60% off, plus 20% off your next two months!Use promo code INVESTING today at shipstation.com to sign up for your FREE 60-day trial.SUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

The podcast explores investment strategies for different stages of life and emphasizes the importance of determining investor's phase. They discuss the trade-offs and risks associated with different investment categories, as well as the income generation potential of real estate. The hosts also debate between stock picking and index funds, and stress the importance of personal preference in investing.

The podcast explores Peter Lynch's investment strategies and how they apply today, including focusing on suppliers during a gold rush and strong balance sheets during crises. It emphasizes the importance of knowing your investments and conducting research. The hosts provide practical advice on finding specific stocks using tools like finviz.com. They discuss the importance of understanding a company's future and paying the right price. The podcast also debunks the myth that complex math is necessary for investing, highlighting the importance of research and stock screeners. It emphasizes finding durable and profitable companies, considering the price paid for stocks, and investing in established companies for big gains.

This podcast episode provides tips for beginner investors on how to wisely invest $500, including strategies like monthly investment increments and understanding dividends. It also discusses portfolio diversification, the impact of Starlink's satellite-based services on Crown Castle's stock, and practical tips for staying informed and grounded amidst the endless stream of investment news. The hosts also explore strategies for paying off credit card debt and the importance of building consistent habits for long-term wealth.

Ian Cassel, expert in the world of Microcap Stocks, discusses his journey from a limited college fund to becoming a full-time investor. He highlights the advantages of microcap investing and the need for independent research. The podcast explores the unique challenges and opportunities of investing in small, overlooked microcap companies. Cassel also shares insights on sourcing ideas and researching investments in microcap stocks, and the importance of understanding accounting and building relationships. Overall, the podcast offers helpful advice for those interested in microcap investing.

The podcast explores the connection between growth and value in investments, discussing how revenue growth influences company value. Strategies for tracking investments for taxes are shared, including the use of spreadsheets and brokerage apps. The benefits of directing funds to a Roth 401K or a rollover IRA for future financial security are highlighted. The hosts also discuss the importance of staying focused on long-term holding strategies, maximizing 401(k) benefits, and having a mentor for success in investing.

Andrew G, finance enthusiast turned pickleball facility co-owner, shares his journey and discusses automating finances, investing in index funds and ETFs, analyzing and acquiring a physical business, the challenges and rewards of pickleball, scalability of the business, funding through seller financing, and safe investing.

Welcome to The Investing For Beginners Podcast, I'm Dave, and with me is the astute investor, Andrew. In episode IFB325, we're unpacking the substantial yet sometimes stealthy impact of activist investors on key players like Crown Castle and PayPal. We'll discuss the role of renowned investors like Bill Ackman and George Soros in driving, or derailing, a company's success.We'll explore what happens when activist investors begin calling the shots, the transformation they can bring, their potential for value destruction, and the delicate balance of corporate governance they disrupt. Plus, we'll talk about the implications of founder control, citing examples like Elon Musk at Tesla.00:00 Leverage buyouts and activism affect investments.04:45 Activist investors force change in companies' strategies.09:39 Shareholders' influence on company and board structure.12:47 Elliot drove change amid PayPal's struggles.15:28 Activist investors focus on short-term value.19:01 Change of heart, motivations, and company impact.23:11 Depend on majority owners, simplicity of businesses.25:50 Success of tech companies depends on leadership.29:57 Understanding activist investing: motivations, impact, and outcomes.For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Find great investments at Value SpotlightHave questions? Send them to newsletter@einvestingforbeginners.comToday's show is sponsored by:Get a 30-day free trial at www.shipstation.com/investing. Thanks to ShipStation for sponsoring the show!Get 55% off at Babbel.com/BEGINNERS.Compare and find smarter credit cards, savings accounts, and more today at NerdWallet.com. SUBSCRIBE TO THE SHOWApple | Spotify | Google | Amazon | Tunein Learn more about your ad choices. Visit megaphone.fm/adchoices

Brian Feroldi, special guest, explores capital efficiency through investments like See's Candy. Munger's influence on Buffett's value investing strategy and the importance of capital light businesses is discussed. The risks and considerations of averaging down in the stock market are explored, along with the complex relationship between a company's story and market perception. Brian emphasizes business fundamentals over market noise and advocates for limiting capital allocation. Tech stocks driving the market and the impact of narrative on stock price are also analyzed.