INVESTMENT RESEARCH
FOR THE LONG HAUL
It is a good idea to buy shares of a company at a big discount to your estimated value of those shares. Buying shares at a large discount to value will provide you with a large margin of safety and lead to safe and consistently profitable investments.
Quote by Joel Greenblatt
Company Analyses
KNOWLEDGE BASE
Profitability
Does the company retain earnings?
Are retained earnings increasing?
Does the company consistently achieve high returns on capital?
Moat
Does the company have...
The 4 Types of Industry Structure
Firms and their competitors make up the industries in which they operate, and participate in the markets in which they sell their products and...
Types of Ratios
Profitability ratios
Profitability ratios give an idea about a company’s ability to generate a profit or operating success.
Asset Turnover
Earnings Per...
Learn about the components of the income statement, such as revenues, COGS, and net earnings.
Read about the items that make up a company's balance sheet, how they are linked, and how they result in the three major components of the balance sheet: assets, liabilities, and shareholders'...
Learn about the important components of the cash flow statement: cash from operating, investing, and financing activities.
An economic moat is a synonym for a company’s competitive advantage, or set of competitive advantages, and can be regarded much like a moat around a castle.
When a company starts...
