Start work with a good night’s sleep. In finance, you are the product, whether in trading, banking, sales, or research. You need to hit your performance targets by getting votes on the sell side or generating returns on the buy side. Your performance ultimately generates the sales for the business. I realized this early on …
In this article, you’ll learn why concentration is key to higher returns and how to do it safely for your portfolio. Sizing your positions matters just as much as what you pick. Both research and practice have shown that fewer positions are the key to outsized outcomes. It’s not just about taking big positions, which …
In this article, I will show you the steps of fundamental analysis in equity research to analyze a stock. Fundamental analysis is how you turn an observation (this is an interesting company) into an actionable idea (what to do with the stock). I used this exact process when I was an equity research analyst at …
In this article, I will show how to read a stock’s financials so you can avoid excessive financial risk. I’ll show you a simple financial statement analysis with a case study from equity research. What you’ll learn to avoid is the risk of bankruptcy, which will make your investment go to zero. Unfortunately, many individual …
One of the primary mistakes I've made is mixing trading with investing. This article explains the difference between fundamental (investing) and technical (trading) analysis. Understanding this is important because mixing the two usually leads to avoidable investment losses. You are more likely to pick a great stock when you focus on value.
Nearly all the best stock ideas share similar characteristics, and this article explains the framework to identify these ideas. Understanding this is important because finding great stock ideas is one of the most valuable skills you can develop. You can reach your financial and career goals faster by learning these investment principles.
