Apply for The Course Investing in Uranium: Uranium Stocks Uranium could be the Most Asymmetric and Promising Bet Since Bitcoin In a Swedish podcast episode, we discussed the potential for uranium, and other ways to gain exposure

Apply for The Course Who was Adam Smith? Adam Smith was the greatest economist of the 18th century Adam Smith was a philosopher from Scotland, renowned as the Father of Economics. He was the most prominent thinker

Apply for The Course What is a Value Chain? A value chain consists of the different types of companies, with specific roles, that exist within an industry A value chain is best understood by comprehending how the

Apply for The Course Understanding Free Cash Flow in Business Free cash flow indicates that a company is generating more money than it costs to operate and finance What is Free Cash Flow? Free Cash Flow =

Apply for The Course Cash Flow: “The only correct way to value a project or company” DCFs are quite precise but often misleading As an investor, your first question should be: “How much money do I get

Apply for The Course Should I buy crypto currencies? Yes, but don’t get greedy right now! There is usually a post-halving pullback of about 20-30%, followed by a sideways market for half a year or so. This

Apply for The Course Moat 7: Low-Cost Manufacturers & Economies of Scale Being among the largest and lowest-cost players in a nearly saturated or already consolidated market represents a robust competitive advantage Achieving low-cost producer status entails

Apply for The Course What are competitive advantages and why are they important? A company has a competitive advantage when they do something better than other companies in the same industry and this results in higher profitability

Apply for The Course Earnings Revisions trend and investment timing Earnings estimate revisions are the most powerful force impacting stock prices This article is a response to a student of the course who asked whether earning revisions

Apply for The Course Different styles of investing: Bill Ackman Fallen Angels: Investing in Good Companies That Have Gone Astray Activist Investing and problem solving for the win   Enter Assertive Ackman – the visionary Didn’t feel

Apply for The Course Different styles of investing: Cathie Wood Opportunism: The Key to Success is Riding the Wave Do you feel forward-leaning and on your toes? Or do you spot trends where others see random movements?

Apply for The Course Different styles of investing: Warren Buffett Price is what you pay, but value is what you get Are you analytical? Impatient? Ambitious? Courageous? Fearful? Are you like Warren Buffett? Like Bill Ackman? Or

Apply for The Course How does the growth rate affect the warranted P/E ratio? Higher “growth rate” means a higher P/E multiple can be accepted, but how much higher? Is it true that the PEG ratio is

Apply for The Course What do I learn in The Investing Course WEEK 6? Case Studies: Tying it all together In the final week of The Investing Course we show how to apply the TIC tools and

Apply for The Course What do I learn in The Investing Course WEEK 5? Portfolio Management: Creating, managing and optimizing a collection of stocks Don’t try to hit homeruns in hype and hope stocks; focus more on

Apply for The Course What do I learn in The Investing Course WEEK 4? In week four we learn how to use several tools to better time our investments Before buying, you should consider whether it’s a

Apply for The Course What do I learn in The Investing Course WEEK 3? Durability & Reliability – Making more robust forecasts Improve the quality of the forecasts you use in your valuation models by making the

Apply for The Course What do I learn in The Investing Course WEEK 2? How to find potentially good stocks for researching further Search smarter, not harder The holy grail of screening The holy grail of screening

Apply for The Course What do I learn in the investing course WEEK 1? Cheapness, Value, Valuation Methods, P=F * V Focus for WEEK 1 on the idea that the stock price is composed of two factors:

Apply for The Course How should I pitch my investment idea? Pitching and keeping an investment diary are as important as they are similar Can you summarize and present your investment idea clearly, concisely and convincingly? Are

Apply for The Course Can it be a PONZI scheme? Ponzi schemes are the opposite of value-based investing Ponzi 101 A Ponzi scheme “works” only as long as new participants enter in greater volume than early buyers

Apply for The Course How should I measure and control risk? What is the right level of risk? Risk means the likelihood of permanently lower profits Is the level of risk associated with the investment suitable for

Apply for The Course Sanity check Is the investment idea sensible and reasonable, with positive expected value? What needs to change, or must not change, that others, i.e. the market, do not expect in order for your

Apply for The Course What does it mean that a stock is cheap? “Cheap” doesn’t mean “Low P/E” Bird’s eye perspective: Do you have an overview of the big picture for the investment idea?   Will you

Apply for The Course Checklist before investing in a publicly listed stock Important questions to consider before making an investment   You don’t win hedge fund awards by going after tenbaggers Avoiding losers is more important than