By Andrew Sather And Dave Ahern | Stock Market Guide To Buying Stocks Like

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The Investing for Beginners Podcast - Your Path to Financial FreedomInvesting Insights: Microsoft & Watsco Earnings Analysis with Fiscal AIJoin Andrew and Dave on the Investing for Beginners podcast as they dive into the latest earnings reports of Microsoft and Watsco using Fiscal AI. They discuss key performance metrics, industry trends, and potential concerns, providing a comprehensive overview to help investors stay informed and make better decisions. Don't miss this episode for a quick catch-up on these major companies and see how Fiscal AI can streamline your investment analysis. 00:00 Welcome and Introduction 00:43 Analyzing Microsoft's Performance 02:47 Microsoft's Financial Metrics and AI Impact 04:26 Concerns and Future Outlook for Microsoft 09:40 Comparing Cloud...2025-08-0739 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR09 - Financial Literacy in ChildhoodIn this episode of 'At Any Rate,' host Evan Raidt is joined by guest Dave Ahern to discuss the importance of early financial education and its long-term effects. They share personal experiences about their own financial upbringings, the challenges faced due to a lack of financial literacy, and how different parenting styles can shape a child's financial future. Topics covered include budgeting basics, the significance of retirement accounts, the FIRE movement, the value of custodial accounts, and strategies for teaching children about money. They also offer practical tips for parents on instilling...2025-08-0541 min

The Investing for Beginners Podcast - Your Path to Financial FreedomThe Hidden Power of Capital Allocation (And Why Order Matters)In this episode of the Investing for Beginners Podcast, Dave and Brian Feroldi from Long-Term Mindset dive deep into the importance of capital allocation and why the order of operations matters. Brian explains the foundational aspects of capital allocation, including reinvestment in the core business, paying down debt, and other strategies for maximizing returns. The discussion covers real-world examples such as Teladoc's acquisition of Livongo and the capital allocation practices of companies like AutoZone, Coca-Cola, and Apple. Learn why understanding capital allocation is crucial for investors, especially those investing in individual businesses, and how to analyze management's decisions for...2025-08-0443 min

The Investing for Beginners Podcast - Your Path to Financial FreedomWhat Quotes from Warren Buffett Reveal About How He Thinks As an InvestorIn this episode of the podcast, Dave and Andrew delve into some of Warren Buffett's most insightful quotes. Using a collection prepared by John Rotonti, the discussion touches on Buffet's investment principles, such as identifying businesses with long-term competitive advantage, the ideal holding period for securities, valuation methods, and the importance of stable industries. The hosts also analyze the challenges of predicting a company's growth and share personal experiences in applying Buffett’s strategies to their own investment decisions. Key ideas include the emphasis on buying at rational prices, Buffett’s preference for businesses with predictable earnings, and...2025-07-3141 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR08 - How Anyone Can Grow Their WealthIn this episode of 'At Any Rate,' host Evan Raidt, along with guest Andrew Sather, discuss how to make sustainable financial changes with minimal effort. They explore the importance of investing early, the power of compound interest, and how anyone, regardless of income, can start building wealth. The episode covers practical tips, such as setting up a budget, maximizing 401(k) employer matches, utilizing high-yield savings accounts, and automating investments. Listener questions on investment strategies for market highs are also answered, emphasizing the importance of consistent investing over market timing. 00:00 Introduction and Podcast...2025-07-2940 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to the Basics: Core PrinciplesIn this episode, Dave and Andrew return to fundamental investing principles, emphasizing the importance of refreshing oneself on the basics. They delve into key strategies for navigating the stock market, including 'buy low, sell high,' the challenges of market timing, the power of compound interest, risk vs. return, and the benefits of dollar-cost averaging. By highlighting real-life examples and practical tips, the hosts stress the value of long-term investing and the psychological hurdles one must overcome. 00:00 Introduction to Investing for Beginners 00:32 The Challenge of 'Buy Low, Sell High' 02:22 The...2025-07-2137 min

The Investing for Beginners Podcast - Your Path to Financial FreedomUnderstanding Moats, Intangibles, and BrandsIn this episode of the 'Investing for Beginners Podcast,' Dave and Brett Schafer from Chitchat Stocks discuss the significance of moats, intangibles, and brands in stock investing. Brett outlines why beginning investors often gravitate towards well-known brands such as Coca-Cola and Disney and the potential pitfalls of this approach. They delve into examples like Apple's storied brand and Disney's challenges with the streaming industry. Further, the discussion covers how companies like Nike and Louis Vuitton leverage their branding, and explores the role of intangibles like patents and licensing agreements in creating durable competitive advantages. 00:00 Introduction to I...2025-07-1751 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR06 - Emergency Funds 101In this episode of 'At Any Rate,' host Evan Raidt and guest Andrew Sather discuss the often overlooked but crucial topic of emergency funds in personal finance. Evan shares the importance of budgeting as the foundational step towards financial stability and explains why emergency funds are necessary despite not providing immediate returns. He highlights the alarming statistic that 60% of Americans cannot afford a $1,000 emergency and elaborates on why having an emergency fund can prevent individuals from falling into debt. The discussion also covers ideal places to keep your emergency fund, such as...2025-07-1537 min

The Investing for Beginners Podcast - Your Path to Financial FreedomFinancials Demystified: Operating Expenses and Company GrowthIn this episode, Andrew and Dave revisit the financials of businesses, focusing on operating margins and operating expenses. They explain what operating margin is, how to calculate it, and its significance for investors. The discussion includes tips on analyzing businesses, the impact of reinvestment strategies, and comparing companies based on their financial metrics. They also delve into the benefits of using tools like Fiscal AI to analyze company data efficiently. The episode concludes with case studies, including companies like Nvidia, Microsoft, Airbnb, and Coca-Cola, illustrating the application of operating margin analysis in real-world scenarios. 2025-07-1441 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR05 - What Kind of Investing is Right for You?In this episode, host Evan Raidt and guest Dave Ahern explore various investment strategies and accounts to help individuals select the best options suited to their financial goals and risk tolerance. They discuss suitable investment options for beginners, the importance of ETFs, the benefits of a high-yield savings account, the role of individual stocks, real estate, crypto, and bonds, and the advantages of different types of accounts like 401ks, Roth IRAs, HSAs, and custodial accounts. Emphasizing tax advantages, liquidity, and aligning investments with personal goals, this episode aims to make investing accessible and understandable for...2025-07-0843 min

The Investing for Beginners Podcast - Your Path to Financial FreedomRetailing is a Tough Business (Industry KPIs to Follow)In this episode, the focus is on the retail industry and its investment challenges. Dave and Andrew discuss the recent earnings reports for Dick's Sporting Goods and Costco from Andrew's portfolio, exploring key metrics like comparable sales and their importance in assessing retail businesses. They also introduce Fiscal AI, a tool that helps streamline the process of staying updated with company reports. The conversation covers topics such as the implications of CapEx to depreciation ratios and net debt to EBITDA for growth investments. At the end, Dave and Andrew offer some simple advice for beginners looking to...2025-07-0743 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Getting Started from Ground Zero; Is there value in the Mag 7?In this episode, Dave and Andrew answer listener questions covering essential steps after opening a brokerage account, actions and due diligence before opening an account, and advice for new investors. They emphasize the importance of building good investment habits, such as making investing a part of the budget. They also discuss beginner-friendly stock picks, the appeal of index funds, and how to manage a diversified portfolio. Additionally, they explore the value in ‘The Magnificent Seven’ stocks, offer personal insights on portfolio allocation, and deliberate over the emotional and practical aspects of investing. 00:00 Welco...2025-07-0341 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR04 - 5 Steps to Start Investing NOW!In this episode of our personal finance series, host Evan Raidt is joined by Andrew Sather to discuss actionable steps for beginners looking to start investing. They emphasize the importance of building an emergency fund, setting up a brokerage account, making the first investment, and automating future investments. The episode also covers basic insights into the stock market, the significance of consistency, and how to manage emotions during market fluctuations. Listeners are guided through practical steps and are encouraged to begin their investment journey with confidence. 00:00 Introduction and Welcome 00:25 Re...2025-07-0249 min

The Investing for Beginners Podcast - Your Path to Financial Freedom2 of the 5 Key Habits for Successful Stock PickingIn this episode, Dave and Andrew explore essential habits for mastering the investment process, focusing on the critical aspects of managing risks and understanding valuation. They discuss the importance of avoiding significant losses, using examples like Warren Buffet's investment rules and historical stock market scenarios. They also delve into various valuation methods, including the P/E ratio, PEG ratio, and discounted cash flow (DCF) analysis, emphasizing the need to check biases and maintain conservative growth estimates. 00:00 Introduction to Investing for Beginners 00:18 Understanding Risk in Investing 06:55 Types of Investment Ris...2025-06-2640 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR03 - Tips to Balance Your BudgetIn this episode of At Any Rate, the focus is on making sustainable financial changes through budgeting. Host Evan Raidt and guest Dave Ahern discuss the importance of budgeting, common misconceptions, and practical steps to create an effective budget. They emphasize that budgeting is not about restriction but about making informed choices to reach financial goals. They also share their personal budgeting methods and tips for managing finances realistically. The episode encourages listeners to take immediate action by setting up a basic budget and adjusting it over time for long-term success. 00:00 Introduction and Welcome 2025-06-2445 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR02 - Do I Need A Financial AdvisorIn this episode of 'At Any Rate,' host Evan Raidt introduces Andrew Sather for a deep dive into the necessity and value of financial advisors for the average person. They discuss personal financial awakenings, the taboo surrounding financial discussions, and Andrew's decision to go the DIY route for managing his finances. Evan shares his experience with a financial advisor, weighing the pros and cons, and ultimately pulling his investments out to manage them himself. They cover essential financial steps, such as budgeting, automating investments, and planning for large purchases, advocating for empowerment...2025-06-1745 min

The Investing for Beginners Podcast - Your Path to Financial FreedomFinancials Demystified: Gross MarginsIn this episode, Dave and Andrew introduce a 12-month series focused on breaking down financial statements. This month, they concentrate on gross margin, explaining its importance and how to calculate it using real-world examples like Netflix. They discuss how to visualize gross margin on an income statement, why the metric can be indicative of a company's pricing power, and how to use it for comparing competitors. The conversation also touches on potential red flags and sector-specific nuances, offering insights into various companies such as Starbucks, Disney, and Tesla. 00:00 Introduction to the Series 2025-06-1639 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR01 - How to Use Automation to Build Your WealthIn this inaugural episode of 'At Any Rate,' Evan Raidt welcomes renowned financial expert Dave Ahern to discuss the power of financial automation. They explore various ways to automate savings, investments, and spending to build wealth and achieve financial freedom. Dave shares his personal methods of using multiple savings accounts and brokerage automation, while Evan highlights the benefits of setting up these systems easily and efficiently. They also address common barriers people face in automating their finances and provide pragmatic advice to overcome them. This episode aims to demystify financial automation and...2025-06-1040 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Screening for Red Flags; Watchlist and Industry Map BuildingIn this episode, Dave and Andrew dive into listener questions about screening for red flags in companies and building a robust watchlist. Key topics include identifying financial red flags such as debt ratios and declining cash flow, the role of the 10-K in understanding business nuances, the debate between charismatic versus boring CEOs, and the methodology for building comprehensive industry maps and watchlists. The episode offers practical advice for both novice and experienced investors, emphasizing the importance of thorough research and due diligence. 00:00 Welcome to Investing for Beginners 00:13 Screening for Red Flags in Co...2025-06-0940 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAAR00 - Welcome to At Any Rate. Let's Get to Know Each OtherIn this episode, hosts Andrew and Evan Raidt announce the launch of a new weekly segment called 'At Any Rate.' This new show will focus on beginner-friendly personal finance strategies designed to make long-term, impactful changes without sacrificing current enjoyment. Evan, a mechanical engineer and personal finance enthusiast, shares his own financial journey and emphasizes the importance of sustainable, high-leverage financial decisions. He discusses the myths and challenges around personal finance and offers insights into approachable strategies like investing in the stock market and making smart purchases. The episode promises educational content aimed at...2025-06-0341 min

The Investing for Beginners Podcast - Your Path to Financial FreedomEarnings Chat: Pharma, Tariffs, Fear & Loathing and UncertaintyIn this episode, Dave and Andrew delve into the earnings of two companies, McKesson and Crocs, from Andrew's portfolio, exploring their market positions and growth potentials. They discuss the impact of external factors like potential changes in pharmaceutical pricing policies under the Trump administration and tariffs on manufacturing. The episode includes detailed insights into the financial health and strategic positioning of McKesson, a leader in pharmaceutical distribution, and Crocs, known for its consumer-centric brand. By examining key financial metrics and market uncertainties, the hosts provide a comprehensive analysis that balances both qualitative narratives and quantitative...2025-06-0243 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAmerican Express: A Deep Dive into Its Business Model and Moat In this episode of Investing for Beginners, Dave is joined by Brett Schafer from Chit Chat Stocks to delve into the business model and competitive advantages of American Express (Amex). They discuss Amex’s unique vertically integrated model, combining credit card issuance with payment processing, and its robust revenue streams from swipe fees, credit card loans, and high-fee premium cards. They also highlight Amex’s strong brand equity, historical resilience, and strategic partnerships. They tackle potential risks, the benefits of their network effect, customer satisfaction issues, and the prospects of emerging comp...2025-05-2952 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Fixing a Bad Portfolio and Reacting to AI's DisruptionIn this episode, Dave and Andrew address listener questions and offer advice on challenging investment scenarios. They discuss whether to sell underperforming stocks and provide insights on being a long-term business owner versus a stock trader. They also delve into how to adjust free cash flow estimates and consider case-by-case scenarios for different companies. Moreover, they offer guidance to a listener who has received a significant inheritance and is seeking investment advice. The episode concludes with a discussion on the potential impact of AI on Google's search business, highlighting how to interpret and react to market news.2025-05-2241 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Selling During Volatility and Visualizing Net Working CapitalIn this episode of the Investing for Beginners podcast, hosts Andrew and Dave tackle four intriguing listener questions gathered from various sources. They begin by discussing the merits and timing of selling stocks during a downturn and the potential pitfalls of making multiple trading decisions simultaneously. They then delve into the intricacies of the Discounted Cash Flow (DCF) model, explaining its relevance with or without inflation. The conversation transitions to net working capital, exploring its importance in cash flow statements versus balance sheet metrics. Finally, they address concerns about high-level executives or board members...2025-05-1540 min

The Investing for Beginners Podcast - Your Path to Financial FreedomHow We'd Handle Our First 30 Days as an InvestorIn this episode, Dave and Andrew answer listener questions on investment strategies, specifically discussing the benefits of using ISA and GIA accounts in the UK. They also offer advice on handling fractional shares and avoiding tax headaches. In the second segment, the hosts delve into essential steps for new investors during their first 30 days, including the importance of buying familiar stocks, utilizing good investing books, and maintaining a learning journal. 00:00 Introduction and Episode Overview00:20 Listener Question: ISA vs GIA Accounts07:07 Analyzing Companies and Finding Competitors 2025-05-0142 min

The Investing for Beginners Podcast - Your Path to Financial FreedomInside the Mind of a Tech CFO: Lessons from CJ GustafsonCJ Gustafson, tech CFO and author of Mostly Metrics, joins the show to reveal what a CFO really does, how SaaS models work, the art of raising capital, and why storytelling is crucial in finance. Learn about IPOs, AI’s impact, and building durable businesses from one of the industry’s most insightful voices.[00:01:00] CFOs as resource allocators and company portfolio managers. [00:04:00] SaaS model’s predictability and recurring revenue explained. [00:07:00] Managing cash flow and runway in startups is critical. [00:10:00] Building investor relationships for easier future fundraising rounds. [00...2025-04-2852 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Exit Strategies, FDVV ETF, Using AI for Stock AnalysisIn this episode, Dave and Andrew address three detailed listener questions. They offer insights on investing in micro-cap stocks, setting up an exit strategy, and the importance of understanding time horizons. The discussion extends to the utility of AI in financial research, where they outline its current limitations and emphasize the critical value of personally reading and understanding company financial statements. They also provide practical tips for balancing detailed financial analysis with a busy lifestyle and the potential advantages and risks associated with different investment strategies.00:00 Introduction and Listener Q...2025-04-2439 min

The Investing for Beginners Podcast - Your Path to Financial FreedomWhy Amazon's P/E Ratio is Misleading and the Right Way to Value ThemConfused by Amazon’s PE ratio? Financial educator Brian Feroldi breaks down the six stages of a company’s life and reveals why traditional valuation metrics often fail. Learn how to analyze any stock, avoid common mistakes, and discover the tool that makes investing easier for everyone.[00:01:00] Why PE ratio fails for Amazon and growth stocks. [00:03:00] The six stages of a company’s business lifecycle explained. [00:07:00] How to spot startups and hypergrowth companies in the market. [00:11:00] Self-funding phase: when companies stop needing outside capital. [00:13:00] Operating leverage: profit...2025-04-2150 min

The Investing for Beginners Podcast - Your Path to Financial FreedomThe Truth About Target Date Funds: Joe Saul-Sehy of Stacking Benjamin's TakeJoin Joe Saul-Sehy (Stacking Benjamins) as he shares his raw, hilarious, and practical journey from financial disaster to financial independence. Learn why budgeting trumps stock picking, the real story behind target date funds, and how to build wealth in your 20s.[00:01:00] Joe’s frugal start: recording from his mom’s basement. [00:02:00] Inflation warning: budget, not stocks, is your real risk. [00:04:00] Joe’s first money mistake: credit card disaster at Citadel. [00:09:00] Mom’s tough love: “It’s your problem, not mine.” [00:11:00] Gamifying debt payoff: taking control became fun. [0...2025-04-171h 06

The Investing for Beginners Podcast - Your Path to Financial FreedomComparing the Biggest Retailers: Costco vs Amazon vs WalmartIn this episode, Dave and Brett dive deep into a detailed comparison of three retail giants: Amazon, Costco, and Walmart. We analyze how these companies compete, their business models, and what potential investors should consider. The show covers Amazon's diverse revenue streams, Costco's membership-driven, low-margin strategy, and Walmart's large-scale, low-cost operations. The conversation also touches on the financials, growth prospects, and potential risks associated with each company, providing a comprehensive guide for beginner investors.00:00 Introduction and Episode Overview01:46 Amazon: The Retail Giant02:30 Amazon's Business Segments and G...2025-04-1453 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAnalyzing Software Stocks Amid the Market Turmoil w/ Finchat's CEOIn this episode, we are joined by Braden Dennis, co-founder and CEO of FinChat.io, to discuss strategies for dealing with market volatility, investment styles, and the importance of a long-term perspective in stock investing. Braden shares insights into his own investment philosophy, the kinds of companies he prefers, and how he sources and evaluates potential investments. The discussion includes an in-depth look at handling uncertainty in the markets, sector-specific challenges, and the future of AI in investing and business operations. Listeners also get an overview of Braden's favorite...2025-04-1052 min

The Investing for Beginners Podcast - Your Path to Financial FreedomInvestor Profile: Warren Buffett's Impact on Our Life and InvestingIn this episode, Dave and Andrew dive deep into the life and strategies of Warren Buffett, one of the most renowned investors of all time. The discussion covers Buffett's early years, his entrepreneurial spirit, his foundational influences, including Ben Graham, and his value-based investing approach. Additionally, the episode explores Buffett’s acquisition and management strategies at Berkshire Hathaway, his use of insurance float, and some pivotal decisions during his career. The hosts also reflect on the practical lessons they’ve learned from Buffett.00:00 Introduction to Warren Buffet00:25 Buffet...2025-04-0739 min

The Investing for Beginners Podcast - Your Path to Financial Freedom10 of the Best CEOs in the Stock Market TodayIn this episode, Brett Schafer from Chit Chat Stocks joins Dave for an in-depth discussion on their favorite CEOs, emphasizing the importance of capital allocation and strategic business direction. Dave and Brett highlight transformative leaders, as well as legends of capital allocation through stock purchases and M&A strategies. They also explore rising stars in innovative and technology-first industries like payments. The episode provides insights into how these CEOs have navigated challenges, evolved their business models, and consistently created value for shareholders through smart investment and operational strategies.00:00 Introduction 2025-04-0357 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Buying Big, Struggling Companies; Adding to LosersIn this episode, Dave and Andrew answer listener questions sourced from Reddit and direct messages. Topics include whether Intel's stock drop presents a buying opportunity, the implications of poor capital allocation and mergers on shareholder value, and advice on buying the dip in Texas Instruments (TXN) and Crown Castle (CCI). The conversation delves into the risks and benefits of investing in large, well-known companies, and stresses the importance of understanding a business's fundamentals and market position. Listeners are encouraged to think long-term and consider the implications of market trends, technological disruptions, and management decisions...2025-03-3140 min

The Investing for Beginners Podcast - Your Path to Financial FreedomThe Myriad of Opportunities in Infrastructure with John RotontiIn this episode, the hosts reconnect with John Rotonti, portfolio manager at Islamorada Investment Management. John offers insights into his approach to selecting stocks, emphasizing the significance of long-duration growth and sticking to high-quality businesses. He outlines the focuses of his portfolio that includes industrials, infrastructure, and housing-related stocks, while managing a considerable cash position due to selectivity in quality investments. John also shares his perspective on industry-wide sell-offs, giving examples of influential stocks and CEOs, discussing characteristics crucial for sustaining competitive advantages and long-term returns. 00:00 Introduction and Welcome 2025-03-2755 min

The Investing for Beginners Podcast - Your Path to Financial FreedomStock Therapy: How many stocks is too many?In this unique episode of the Investing for Beginners podcast, the hosts turn the microphone inward as Dave takes the 'patient' seat and Andrew assumes the role of 'therapist'.Dave discusses his challenges in managing a portfolio of 25-26 companies, expressing concerns about over-diversification and the pressure to stay informed on each holding. The conversation delves into the emotional aspects of investing, the balance between staying informed and being overwhelmed, and specific stocks such as MasterCard, FICO, and Meta. The hosts explore strategies for managing portfolio size, staying informed...2025-03-2438 min

The Investing for Beginners Podcast - Your Path to Financial FreedomThe History of NVIDIA and Latest in AI w/ Eric Bleeker from the AI Investor PodcastIn this episode, Dave Ahern and special guest Eric Bleeker from 24/7 Wall Street and the AI Podcast delve into the transformative world of artificial intelligence (AI). The discussion expands on the evolution of AI, emphasizing Nvidia’s milestones and breakthroughs in deep learning and neural networks. They highlight the dramatic advancements and potential disruptions AI brings to fields like coding, data centers, and software development. Eric explains the new scaling laws and reasoning models that promise to revolutionize AI further. They explore investment strategies in the AI sector, including ma...2025-03-2056 min

The Investing for Beginners Podcast - Your Path to Financial FreedomWhere Do We Start When Analyzing an Income Statement?In this episode, hosts Andrew and Dave break down how to analyze an income statement using Nike as an example. They discuss the importance of financial statements, starting with revenue and profitability, and walk through the different sections such as net income, gross profit, and operating income. They also emphasize the significance of earnings per share and provide insights on what to look for in the MD&A (Management Discussion and Analysis) section of company reports. The episode includes practical advice on identifying key metrics and potential red flags in a company's financial health....2025-03-1736 min

The Investing for Beginners Podcast - Your Path to Financial FreedomExpanding Your Competence Like Buffett (w/ Alex Morris from TSOH)In this episode, Dave and Andrew feature Alex Morris, founder and analyst at TSOH Investment Research and author of 'Buffett and Munger Unscripted.' Alex shares his journey into the world of stock investing, inspired by business legends Warren Buffett and Charlie Munger. The conversation covers Alex's perspective on investing, including his preference for stocks over other assets, insights from his book, and his views on business valuation, competitive analysis, and the importance of management. The dialogue also touches on strategies like minimum position sizing, the role of qualitative...2025-03-1357 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIs Zyn the Next "To The Moon" Investment?In this episode of the Investing for Beginners podcast, Andrew and Dave provide a comprehensive analysis of Philip Morris, one of the leading tobacco companies.They detail the company's historical financial performance, including its revenue growth, profit margins, and capital allocation strategy. They also discuss Philip Morris' recent strategic moves, such as the acquisition of Swedish Match and the introduction of the Zyn nicotine product.Despite the hype surrounding Zyn's growth, they highlight concerns about the company's profitability and the sustainability of its business model. Additionally, the hosts express their personal stance on investing in...2025-03-1037 min

The Investing for Beginners Podcast - Your Path to Financial FreedomWhat You Don't Understand About Cyclical Compounding w/ Leandro from Best Anchor StocksIn this episode of the Investing for Beginners podcast, hosts Dave and Andrew welcome Leandro from Best Anchor Stocks as their guest.Leandro discusses his enthusiasm for long-term equity investing, explaining how he avoids shorting due to its unfavorable risk-return ratio. He details his approach to building an investment portfolio, his views on sell strategies, and the importance of thorough research and understanding company fundamentals.Leandro also shares insights about his investment process, how he finds new ideas, and his preference for companies with strong management and secular growth trends.By delving into...2025-03-0651 min

The Investing for Beginners Podcast - Your Path to Financial FreedomQ&A: Does Value Work Today and Dividends or Buybacks?In this episode, the hosts of the 'Investing for Beginners' podcast tackle complex listener questions about the advantages of share buybacks for dividend-focused investors. They delve into the mechanics of buybacks and their impact on share value and discuss the pros and cons of dividends vs. buybacks in terms of cash flow reliability and tax treatment.The episode also offers practical advice on avoiding stock analysis paralysis and finding competitive advantages in companies, touching on historical investment strategies and their relevance today.00:00 Welcome to Investing for Beginners00:16 Listener Question: Share Bu...2025-03-0345 min

The Investing for Beginners Podcast - Your Path to Financial Freedom12 Things I Wish I Knew When I First Started InvestingIn this episode of the Investing for Beginners podcast, hosts Andrew and Dave share the top 12 lessons they wish they knew when they first started investing.They discuss the challenges of beating the market, the simplicity of investment math, the importance of continuous learning, and the nuances of understanding business fundamentals.They also delve into the significance of valuation, the impact of volatility, and the emotional aspects of selling investments. The conversation highlights the need for accounting knowledge, the value of share buybacks, and the benefits of having a community in the often solitary world...2025-02-2744 min

The Investing for Beginners Podcast - Your Path to Financial FreedomInvestor Profile: How Charlie Munger Helped Us Think BetterIn this episode of the 'Investing for Beginners' podcast, the hosts profile the life and career of renowned investor Charlie Munger, who had a significant impact on Warren Buffett and Berkshire Hathaway.The discussion covers Munger's early challenges, his legal career, eventual partnership with Buffett, and his influential investment philosophies. Key highlights include Munger's impact on Buffett's transition from deep value investing to focusing on high-quality businesses, and his notable investments like Costco.The hosts also discuss Munger's famous quotes and principles, including 'invert, always invert' and 'avoiding stupidity,' emphasizing how these insights have...2025-02-2438 min

The Investing for Beginners Podcast - Your Path to Financial FreedomHow Value Investing Works: The "Last Puff"In this episode of the Investing for Beginners podcast, Andrew and Dave address a thought-provoking question from Reddit about value investing and discuss how market overreactions and narratives affect stock prices.They delve into the relevance of Warren Buffett's early strategies, the impact of cyclical forces, and the dynamics of unloved companies gaining popularity. The conversation explores examples from different sectors, emphasizing the importance of understanding businesses over reacting to market news.The episode highlights the challenges and rewards of value investing, stressing the need for patience and awareness of market narratives.2025-02-1336 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB378: Expanding Your Circle of Competence - A Beginner's GuideJoin Andrew and Dave in this insightful episode as they explore the art of expanding your circle of competence. Discover practical methods to master new skills, from coding to investing, and learn how to overcome the fear of learning. Perfect for beginners eager to grow their knowledge and confidence. [00:01] Introduction to expanding your circle of competence. [02:15] Andrew's approach to learning new skills. [05:30] The importance of learning by doing. [08:45] Dave's personal journey with language learning. [12:00] Overcoming fear in learning new skills. [15:20] Understanding financial statements for beginners. [18:35] Demystifying DCF for beginner investors. [22:50] Building confidence through practical learning. Today's show is spons...2025-01-2023 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB367: Exploring the Future of PaymentsIn this episode of the Investing for Beginners podcast, Andrew and Dave delve into the payments industry, exploring its significance for investors. They discuss the evolution of payment systems, investment opportunities, and the impact of digital transactions on the global economy. 00:00:50 - Andrew interviews Dave on payments as a financial expert. 00:01:06 - Importance of understanding payments for all types of investors. 00:02:16 - Payments simplify financials, crucial for economic growth. 00:03:44 - Plastic cards dominate payments, replacing checks and cash. 00:08:25 - Digital payments offer better tracking and spending control. 00:11:02 - Global adoption of mobile payments is rapidly increasing. 00:14:28 - Cross-border...2024-11-1139 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB364: P/E Ratios, Value Traps, and Market AnalysisJoin us on Investing for Beginners as we tackle listener questions on crucial topics like IRA investing with VA stipends, deciphering debt-to-equity ratios, and understanding key valuation metrics like price-to-book and price-to-sales. Learn practical tips for analyzing company financials and making informed investment decisions.00:00:51 - 00:01:19: Listener asks about tax implications of investing untaxed VA stipends in an IRA.00:01:19 - 00:02:12: Andrew explains IRA contributions require earned income, suggests consulting a tax professional.00:02:27 - 00:03:13: Dave advises consulting a tax professional for personalized advice on IRA contributions.00:03:34 - 00:04:17: Listener inquires about retirement options for...2024-10-2436 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB356: Beginner's Guide to High-ROE InvestmentsJoin us for Episode 356 of the Investing for Beginners podcast, where Dave and Andrew explore high-ROI companies with over $2 billion market cap, offering insights into their impressive financial metrics.[00:00:51] Criteria for SelectionCompanies selected have a return on equity (ROE) of 377% or higher.[00:01:20] Discussion ApproachDave and Andrew discuss companies off-the-cuff, sharing insights and analysis.[00:02:01] Understanding High ROEExploration of factors driving high ROE, like increased net income or reduced equity.[00:03:49] Software CompaniesDiscussion on software companies like GoDaddy and Fortinet with high...2024-09-1638 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB352: 5 Essential Tools for Researching Industry Connections in InvestingWelcome to the Investing for Beginners podcast, episode 352. Join Dave and Andrew as they answer listener questions about investing strategies, portfolio management, and stock picking in this informative and engaging discussion.Summary with timestamps:00:00:00 - Introduction and overview of the episode 00:00:42 - Question about tools and resources for following industry connections 00:08:35 - Discussion on diversifying portfolios with ETFs 00:12:54 - Question about dollar-cost averaging (DCA) strategy 00:19:10 - Balancing retirement and brokerage portfolios 00:21:22 - Question about investing a large sum in a single stock 00:31:27 - Wrap-up and closing remarksThe podcast covers various investing topics...2024-08-2936 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB351: Listener Questions Answered - From Financial Planners to Debt RatiosIn this episode of the "Investing for Beginners" podcast, Dave and Andrew tackle four insightful listener questions, including how to select a financial planner and the importance of debt-to-equity ratios. Tune in for practical advice and expert insights on navigating the world of investing.00:00 - 00:32: IntroductionDave welcomes listeners to the "Investing for Beginners" podcast and introduces the episode's focus on answering four listener questions.00:32 - 02:00: Question 1: Selecting a Financial PlannerDave and Andrew discuss how to choose a financial planner, including what questions to ask and considerations like fees and investing philosophy.02:00...2024-08-2247 min

The Investing for Beginners Podcast - Your Path to Financial FreedomHow You Can Have a Better Relationship with MoneyWelcome to The Investing For Beginners Podcast! I'm Andrew, with co-host Dave. Today, we dive into budgeting, financial management, and our Personal Finance Kickstart Program. Learn to prioritize giving, adopt an abundance mindset, and enjoy guilt-free spending. Join us to improve your financial health and achieve freedom. Let's get started!00:00 Money's importance shouldn't be ignored, taboo.03:13 Teaching financial empowerment for present and future.06:24 Shift mindset, manage well, embrace limited resources.11:36 Prioritize giving first in managing finances.13:56 Adopt abundance mindset for positive life changes.18:07 Prioritize relationships and time...2024-07-2236 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Opportunity Costs in InvestingWelcome to The Investing For Beginners Podcast with Dave and Andrew. In today's episode, "B2B Opportunity Costs," they explore the concept of opportunity costs in investing. Using real-world examples, they discuss choosing between stocks and S&P 500 index funds, and evaluating savings account interest rates. Dave shares strategies inspired by Uncle Warren, emphasizing conviction in portfolio management, while Andrew highlights portfolio decisions and position sizing. They stress aligning investments with personal goals, tracking KPIs, and using company filings for crucial updates. Learn why assessing opportunity costs can enhance long-term returns and make smarter investment decisions. Tune in for...2024-06-2739 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB350: Investing Abroad - Understanding TSMC, Geopolitical Risks, and Foreign CompaniesWelcome to Episode 350 of The Investing For Beginners Podcast! Today, Andrew and Dave delve into the intriguing world of international and tech investments. We'll kick things off by addressing a listener's question about investing in foreign companies and the unique challenges it presents, using TSMC's ADR as a case study. We’ll explore the impact of geopolitical factors, differing accounting standards, and cultural nuances.Next, we shift gears to discuss the tech and energy sectors, focusing on the rising demand for cloud computing and green energy infrastructure. We'll highlight Microsoft's collaboration with Brookfield Asset Management, Georgia's new nu...2024-06-1734 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Understanding Efficient Markets for Beginners[00:00:00] – Welcome to another episode of the Investing for Beginners Podcast. In today's installment of our "Back to the Basics" series, hosts Andrew and Dave dive into the topic of efficient markets. What exactly is the Efficient Market Hypothesis, and how does it influence your investment strategy? Our hosts break down the theory, explore its origins, and debate its real-world implications. Is the market always right? Can savvy investors still find hidden opportunities? From historical market reactions to contemporary examples, Andrew and Dave unpack how market emotions and behaviors can sometimes disrupt the "efficient" pricing of stocks. Whether you're new to...2024-06-1329 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Essential Portfolio Maintenance for InvestorsWelcome to "The Investing For Beginners Podcast!" In today's episode, "Portfolio Maintenance," hosts Andrew and Dave explore strategies for building and maintaining an investment portfolio. They address the market's unpredictability and the difficulty of forecasting leading companies, emphasizing the importance of considering age, time horizon, and risk tolerance. They discuss balancing growth potential with risk, especially nearing retirement, and highlight the dominance of tech giants like Google and Apple.The hosts also share insights on owning low-growth companies, tax considerations when selling stocks, and the risks of investing in young industries. Drawing from personal experiences, Andrew and...2024-05-3038 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Essential Tools for InvestorsWelcome to another episode of The Investing For Beginners Podcast. I'm your host, Dave, joined by Andrew. Today, we're exploring essential tools every stock picker needs, from Excel to advanced platforms like Bamsec and Finchat IO. We’ll discuss how these tools aid in understanding business operations, verifying financial data, and making informed investment decisions.Andrew and I will share our experiences with tools like Excel and the Little Package Evaluation for financial analysis and valuation. We'll also discuss diversifying investment idea sources, from financial statements to social media insights from Twitter and Substack.Today’s go...2024-05-1645 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBird's Eye View: Reddit IPOWelcome to a fascinating new episode of The Investing For Beginners Podcast! Today, your hosts Andrew and Dave will dive into the much-anticipated IPO of Reddit. As seasoned investors who typically steer clear of IPOs, they find it intriguing to unpack Reddit’s introductory documents to better understand its financial health and strategic direction. Throughout the episode, they'll explore Reddit’s user engagement and compare its financial metrics, like the Average Revenue Per User (ARPU), with those of other social media giants such as Facebook and Twitter. Despite the challenges in evaluating a fresh IPO like Reddit, they’ll dissec...2024-05-1238 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Portfolio Sizing and Diversification StrategiesDave: Welcome, listeners, to The Investing For Beginners Podcast. Today's discussion, "Back to the Basics" delves into the intricacies of portfolio sizing and diversification.Andrew: We'll explore traditional and contemporary thoughts on portfolio structure, the role of diversification, and the influence of market trends on investment choices.Dave: Plus, insights on position sizing: when to start small, when to increase, and how to manage your investments within your circle of competence.Andrew: We'll be sharing our own portfolio experiences, addressing the balance between knowledge and market unpredictability.Dave: Join us for...2024-05-0238 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Understanding Mr. Market's Behavior for Successful InvestingWelcome back to another episode of The Investing For Beginners Podcast, where we dive deep into the essentials of investing to help you become a savvier market participant. Today, we’re continuing our "Back to the Basics" series with a fascinating discussion about the concept of Mister Market, a term coined by Benjamin Graham, the mentor of Warren Buffett.Our hosts, Andrew and Dave, will guide us through understanding Mister Market's role as a temperamental business broker whose daily price quotes can stir emotions and create opportunities for investors. They'll share insights into separating stock performance from bu...2024-04-1834 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB342: Benefits of Individual Investing - Compounding, Lower Fees, and Long-term PerspectivesHello and welcome to The Investing for Beginners Podcast, episode 342. Today, we'll dive deep into the nuanced world of REITs, as hosts Andrew and Dave shed light on the benefits, challenges, and strategies for investing in this unique asset class. Are you looking to enhance your portfolio's dividend potential, or maybe you're trying to understand the complexities of funds from operations? We've got you covered.A hot topic in this episode is the impact of interest rates, the ongoing work-from-home movement, and the weighty influence of political scenarios on your investment strategy. With elections around the corner...2024-04-1540 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Concentration vs Diversification - Crafting Your Investment StrategyAndrew: Hello, everyone, and welcome to The Investing For Beginners Podcast. I'm your co-host Andrew, joined by Dave.Dave: Hi there, investors! Today's episode, Portfolio.wav, is jam-packed with investing essential—diversification.Andrew: We're discussing the delicate art of portfolio balance, starting with just a couple of solid picks, and the dangers of putting all your eggs in one basket.Dave: That's right. We'll share personal tales, including my own brush with over-concentration and lessons on not succumbing to investment FOMO.Andrew: Plus, we're thrilled to announce a weekly series focusing on...2024-04-0435 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to Basics: Unveiling Nick Sleep's Investment Strategy: Destination Analysis for Long-Term ValueDave: Welcome to The Investing For Beginners Podcast—I'm Dave.Andrew: And I'm Andrew. Today's episode is all about the art of selling stocks and mastering destination analysis, inspired by the investment philosophy of Nick Sleep.Dave: We'll dissect how to assess companies for their long-term value, peeking into their DNA, and understanding what makes a brand like Starbucks so enduring.Andrew: And I'll share my own experiences on shifting investments to avoid potential pitfalls in today's market climate.Dave: We're also talking about why I've scaled back on PayPal, and th...2024-03-2837 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB339: Applying Base Rates to Stock Picks: Insights from Michael Mauboussin's ExpertiseAndrew: Welcome to episode 339 of The Investing For Beginners Podcast. I’m Andrew.Dave: And I'm Dave. Today we are examining the crucial interplay between market expectations and the evolution of companies, underscored by recent executive changes at Disney.Andrew: Our focus extends to the practical applicability of base rates in valuation—a method for investors to ground their growth expectations in reality, inspired by the meticulous research of Michael Mobison.Dave: We will delve into the pivotal metrics, such as CFROI, that savvy investors should monitor to judge a company's reinvestment efficiency and...2024-03-2546 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to the Basics: Standing on the Shoulders of GiantsDave: Hello, everyone, and welcome to The Investing for Beginners Podcast. I'm Dave.Andrew: And I'm Andrew. Today's episode is "Shoulders of Giants.wav," where we explore the invaluable lessons from the world's most renowned investors.Dave: We'll cover why brands like Google and Amazon act as "moats," protecting businesses just like Charlie Munger and Warren Buffett always remind us, and how these moats contribute to the companies' long-term successes.Andrew: Plus, we're talking about the investor's mindset—patience, temperance, and reading your way to success, just like the greats.Dave: So...2024-03-2138 min

The Investing for Beginners Podcast - Your Path to Financial FreedomSales, AI, and Entrepreneurship: A Conversation with Braden Dennis of Finchat.ioDave: Hello, eager investors! Welcome back to The Investing For Beginners Podcast. I'm Dave.Andrew: And I'm Andrew. In today’s episode, we're thrilled to welcome Braden Dennis, the innovative mind behind Finchat, a pioneering firm at the intersection of AI and equity research.Dave: Braden's going to share the origin story of Finchat, the significance of fundamental research in investing, and how the company is transforming financial data accessibility for professional investors.Andrew: He's not just a founder; Braden is a testament to the power of passion and grit in entrepreneurship. Starting fr...2024-03-1851 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB337: Investing with a Margin of Safety: A Strategic ApproachWelcome back to The Investing For Beginners Podcast, this is episode 337, and I'm your host Dave, along with co-host Andrew. Today we delve into the intricacies of stock prices and their movement—or lack thereof. Andrew kicks things off by discussing why stocks might stagnate due to reasons such as overpaying and uncertain prospects, while I'll touch on how some companies might just slip under the radar, creating illiquidity in trading.In this episode, we'll also unpack the meaty concept of a stock's terminal value, with a nod to tech giants like Walmart and Apple, and talk ab...2024-03-0434 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB336: Navigating Investment Strategies - Diversification vs. Sector FocusWelcome to The Investing for Beginners Podcast, I'm Dave, joined by Andrew. In episode 336, we tackle the myths around imitating investment giants like Warren Buffett and emphasize forging your own path in the financial markets.We debate the merits of diversification vs. selecting top-tier businesses, with Andrew sharing his personal investment principals and sectors to avoid. We also examine the intricacies of capital spending and R&D investments, underscoring the success stories of Microsoft and Apple to illustrate our points.Later, we discuss evaluating management quality and competitive edge in the market, sprinkling in resources...2024-02-2941 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB335: A Comprehensive Look at Five Vital Valuation Metrics for InvestorsWelcome to episode 335 of the Investing for Beginners podcast! In this episode, Dave and Andrew dive into a comprehensive discussion about five valuation metrics that can help investors understand the value of a company. They start by explaining the simplest and most frequently used shortcut for evaluating stocks, known as the price to earnings ratio. They also cover the importance of understanding how different metrics apply to companies in various stages of their lifecycle. Additionally, they share insights into the price to free cash flow, price to sales, and price to gross margin metrics before delving into the fascinating...2024-02-2634 min

The Investing for Beginners Podcast - Your Path to Financial FreedomInvesting for the Next Generation: A Conversation with Matthew RoseberryDave: Welcome to The Investing For Beginners Podcast. I'm your host Dave, joined by my co-host Andrew. Today, we present a compelling episode with Matthew Roseberry, titled “Matthew.”Andrew: Matthew, an author and self-taught investor inspired by investing legends Buffett and Munger, shares his journey and strategies that simplify investing for the younger generation.Dave: Beyond numbers, it's the investor's psychology that Matthew underscores, using examples like the renowned Coca Cola. We'll explore how to introduce teens to investing through their existing interests and the imperative concept of compound interest.Andrew: With a look...2024-02-1938 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB333: Free Financial Tools - Accessing Relevant Ratios and Revenue SourcesOn episode 333 of the Investing For Beginners Podcast, Dave and Andrew dive into three great listener questions. They start with Tyron's inquiry about evaluating stocks in the European market and discuss the implications of currency differences and accounting practices. They then address Sergio's question about free financial ratio tools, offering recommendations like Quickfs.net and finviz.com. Lastly, they explore the impact of equity raises, discussing the importance of considering cash allocation and profitability, using the example of Plug Power's recent dilution. Join Dave and Andrew as they provide insightful responses to these thought-provoking investment questions.00:00 Understanding...2024-02-1532 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB332: Listener Q&A - From Paycheck to Paycheck and Starting to InvestIn the latest episode of The Investing For Beginners Podcast, Dave and Andrew tackle key listener questions about investing and finance. The episode kicks off with advice for a listener named Danny, who is living paycheck to paycheck despite having no debt. Andrew and Dave discuss the importance of starting to save for retirement, offering insights on wealth generating opportunities like 401ks and real estate. They emphasize the significance of finding a job with a 401k match and share personal experiences to underscore the benefits of investing early in one's career.The hosts also...2024-02-1243 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB331: 6 Ways to Avoid Buying High and Selling LowWelcome to The Investing For Beginners Podcast, I'm Dave and with me is Andrew. In episode 331, we're diving into the crucial role of conviction in investing. Learn why knowing the reason behind your investments can help you stay the course during market volatility and aid in building wealth over time.We'll share tips on how to develop and maintain your conviction, even when the market tests your resolve. Discover insights on the pitfalls of overconfidence and the wisdom of humility.Andrew will discuss his long-term holding approach focused on quality, and I'll emphasize understanding a...2024-02-0846 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB330: Balancing the Art and Science in ValuationWelcome 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...2024-02-0549 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to the Basics: Investment Strategies for Lifecycle StagesWelcome to The Investing For Beginners Podcast. I’m Dave.Andrew: And I’m Andrew. In today’s episode, 'B2B,' we delve into the critical investment stages from initial accumulation to retirement's harvest.Dave: Understanding the dichotomy between investment and speculation is essential, and we’re here to navigate these sometimes murky waters.Andrew: We'll examine how astute investments in stalwart companies like Microsoft can lead to significant wealth accumulation and discuss the transformational impact of informed portfolio choices.Dave: The conversation will extend to the nuances of stocks, bonds, a...2024-01-2943 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBack to the Basics: Investing Simplified - Practical Advice Inspired by Peter LynchDave: Hello and welcome to The Investing For Beginners Podcast. I'm Dave.Andrew: And I'm Andrew. Today, we're tapping into the legendary wisdom of Peter Lynch in our episode "Peter," revealing insights for both new and veteran investors.Dave: We'll be discussing Lynch's unbeatable record at the Magellan fund and how his strategies, like focusing on suppliers during a gold rush, apply today with examples like Taiwan Semiconductor.Andrew: We're also dissecting why knowing your investments well is crucial, especially in volatile times. Strong...2024-01-2545 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB326: The Intersection of Growth and Value in InvestingWelcome to The Investing For Beginners Podcast, episode 326! I'm your host Dave, joined by Andrew, as we explore the crucial connection between growth and value in investments.We'll discuss how a company's revenue growth influences its value and the role profitability plays in its success.In response to Liam's query, we'll share our strategies for tracking investments for taxes, using tools like spreadsheets and brokerage apps. Andrew and I will also delve into Dylan's question on whether to direct funds to a Roth 401K or a rollover IRA, highlighting the benefits for...2024-01-1538 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAndrew Giancola's Journey: Pickleball Facilities and Automated FinanceDave: Hello, investors! Welcome to a thrilling episode of The Investing For Beginners Podcast. I'm Dave, alongside Andrew, and we've got a real treat for you today.Andrew: That's right! Andrew G of the Personal Finance Podcast is here, sharing his journey from finance enthusiast to pickleball facility co-owner.Dave: He's diving into the world of essential businesses, revealing the ins and outs of seller financing, and discussing his innovative efforts in Tampa's first indoor sports facility.Andrew: Plus, we'll talk about the importance of automating finances and investment strategies, like why he's...2024-01-1152 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB324: The Art of Portfolio Diversification and Stock Picking FrequencyHello, investors! Welcome to episode 324 of The Investing For Beginners Podcast. I'm Dave, here with Andrew. Today, we're answering a listener's question on how to smartly invest $100 a week in top-tier companies like Apple and Google. We're discussing the power of consistent investing, strategic compounding, and aligning your retirement goals with your investment plan.We'll talk about the merits of investing a set amount monthly versus investing as much as you can when you can. Andrew shares his insights on creating a solid checklist for evaluating businesses, while I weigh in on when to...2024-01-0144 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB321: Getting Started with Investing in Stocks - Easy Steps for New and Tight BudgetsIn this episode of the Investing for Beginners Podcast, Dave and Andrew address three listener questions, offering valuable insights and tips for investing. The first question focuses on getting started with stock investing on a tight budget, discussing the simplicity of opening a brokerage account and making initial investments. Next, they tackle the age-old dilemma of whether to focus on ETFs or individual stocks for long-term investing, emphasizing the importance of aligning investment strategies with individual goals and interests. The episode concludes with a heartwarming and practical discussion about setting up investment accounts for children and teaching them essential...2023-12-1825 min

The Investing for Beginners Podcast - Your Path to Financial FreedomDiving into Web Three and Gaming with Crypto Expert Brian EvansDave: Welcome everyone to another episode of The Investing For Beginners Podcast, I'm Dave, joined as always by Andrew. Today, we have a very special guest - Brian Evans. Brian is a founder, investor, Inc. 500 entrepreneur, and a key voice in the crypto, gaming, and web three sphere.Andrew: In our conversation today, we'll dive into some exciting developments about the rise of gaming as a major category influencing other industries, and how its concepts have shaped the evolution of Ethereum and other crypto projects. We'll also explore how crypto and web three are transforming power dynamics...2023-12-0446 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB318: Andrew's Valuable Insights - A Conversation on Building and Evolving an Investment PortfolioWelcome back to another episode of the Investing for Beginners Podcast! In today's episode, we have a special treat as we interview Andrew and delve into his investing journey and the evolution of his portfolio. We'll discuss the lessons he's learned, the changes he's made, and the valuable insights he's gained over the years. From adjusting his investing style to understanding the importance of both numbers and narrative, Andrew shares his experiences and reflections. Join us as we explore the ever-changing world of investing and how it shapes our portfolio strategies. So sit back, relax, and let's dive into...2023-11-2728 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB315: Listener Q&A - Analyzing Rivian, Will They Become the Next Tesla in the Electric Vehicle Market?Welcome to another episode of The Investing For Beginners Podcast! In today's episode, hosts Dave and Andrew dive deep into the world of electric vehicle companies, focusing on the intriguing case of Rivian and its potential to become a major player in the industry. They analyze the factors that may hinder or boost Rivian's success, drawing comparisons to the renowned Tesla. With insights on market competition, financial considerations, and the importance of believing in a company's story, Dave and Andrew provide valuable advice for investors navigating this dynamic landscape.00:02:49 Huge IPO success for car company without revenue.2023-11-0941 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB313: Deciding How to Invest - Balancing Risk and Return with Your $10,000Welcome to Episode 313 of the Investing for Beginners Podcast! Today, Dave and Andrew answer three great listener questions. But before we dive in, we wanted to remind you to send us your burning investing questions at newsletter@envestingforbeganners.com. In this episode, we address a question from Lisa, a beginner investor who is looking for advice on what to do with her existing $10,000 in her Roth IRA account. Dave and Andrew discuss the importance of understanding personal goals, risk tolerance, and time horizon when making investment decisions. They also highlight a helpful resource, Financialbirdsbees.com, which offers a free...2023-11-0232 min

Chit Chat StocksTexas Instruments (Ticker: TXN) with Andrew Sather and Dave AhernAndrew Sather and Dave Ahern run the "Investing For Beginners" podcast. You can find it wherever you get your podcasts. Texas Instruments Incorporated (TXN) is a leading semiconductor company, supplying analog and embedded processing products to various industries while navigating market cycles and supply chain complexities. Listen as Brett and Ryan ask Dave and Andrew questions about the company, its business model, and valuation. Enjoy the show! ***************************** Want updates on future shows and projects? Follow us on Twitter: https://twitter.com/chitchatmoney Subscribe to our Substack to receive free show notes and charts fo...2023-10-1244 min

The Investing for Beginners Podcast - Your Path to Financial FreedomBird's Eye View of Analyzing a Company for the First Time with TopgolfOn today's episode of The Investing For Beginners Podcast, Dave and Andrew dive into the fascinating world of acquisitions in finance. They discuss the risks associated with acquisitions, using Topgolf as a prime example. The hosts explore Topgolf's increased enterprise value through debt and the potential impact this could have on cash flow and interest coverage.They compare Topgolf's acquisition strategy to that of successful companies like Google and Microsoft, highlighting the importance of generating sufficient cash flow to avoid heavy debt. The hosts also discuss the need to gather information about TaylorMade, a company they are...2023-09-2134 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB303: How to Spread $10,000 in the Stock MarketWelcome back to the Investing for Beginners Podcast! In today's episode, "303," we delve into four intriguing listener questions shared with us via Spotify. One of our listeners, Jason, has $10,000 to invest in the stock market and seeks advice on which stock to buy and how to spread it out. We tackle this question head-on in a discussion between Andrew and Dave, emphasizing the importance of learning to fish instead of relying on others for stock recommendations. They suggest starting with our show as a great educational resource, but also provide practical tips on how to spread out investments and...2023-09-0433 min

The Investing for Beginners Podcast - Your Path to Financial FreedomValue Spotlight: The New Updated Sather Research eLetterWelcome to the Investing for Beginners podcast! Today is a special episode and an announcement at the same time! Andrew will share with us the exciting changes with his stock research e-letter service and also the insightful lessons he learned after doing this for almost ten years- time surely flies. This is a pivotal moment for us in the podcast as we are excited to bring more value to our listeners moving forward so listen on to learn more!Timestamps of the episode:-Andrew talks about his new revamped Sather research e-letter service, how it...2023-08-2125 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB300: Listener Q&A – Finding Tax Documents & Our Favorite Financial WebsitesWelcome to the Investing for Beginners podcast! Today's episode, we have another great round of listener questions coming from Spotify! Questions in this episode encompasses a wide range of topics-from taxes to financial growth metrics- all are covered and discussed in a simple way Dave and Andrew are known for so listen on!Timestamps of the episode:-How to file your taxes in investing. It's easier than it sounds. [01:50]-Reliable sources of financial metrics and how to use them as each one has its own use cases. [03:23]-Don't overthink it and...2023-08-1041 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB296: Listener Q&A – Dollar Cost Averaging/Portfolio ManagementWelcome to the Investing for Beginners podcast! We have another great listener episode! As always, we love hearing from you guys and ask us questions. Today's listener episode will be about dollar cost averaging, sizing your bets and everything you need to know about 401k investing! Listen on as Andrew and Dave give their insights especially on the right ways to correctly size your bets and why you should or not trim your winners.Timestamps of the episode:-How to use dollar cost averaging (DCA) in spreading your bets on the best opportunities. [02:14]...2023-07-2731 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB285: Reflecting on the Process of Learning How to Analyze StocksWelcome to the Investing for Beginners podcast! In today's episode, we will do a bit of introspection and looking back on the lessons we learned in investing for several years especially on misconceptions and how we value stocks so listen on!Timestamps of the episode:-Misconceptions Dave and Andrew realized throughout the years in investing. [02:18]-Volatility can be your friend! [05:13]-Things or "voices" beginner investors should avoid at all costs. [08:12]-Knowing the incentives of the people you listen to is really important. [11:48]-Investing in yourself, rather than...2023-06-1240 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB282: In Defense of the Top 5 Companies in the S&P 500: Things Investors May Not KnowWelcome to the Investing for Beginners podcast! Today's episode will be a discussion about the top 5 companies in the S&P 500 index specifically on things you may not know about them as a beginner investor. Listen on as Dave and Andrew give interesting facts and tidbits about each companies and how it will propel their value more going forward.Timestamps of the episode:-Apple turns a dollar into three like magic and how it can continue this magic in its business moving forward. [02:10]-Google's stickiness is more "sticky" than you think especially on...2023-05-2937 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB278: How to Deal with Macro IssuesWelcome to the Investing for Beginners podcast! In today's episode we will be discussing about the doom and gloom surrounding the market and how to deal with it as an investor. How can you filter the noise? Dave and Andrew discussed interesting points on how they cope themselves so listen on!Timestamps of the episode:-How to deal with the current economic environment impacting your investments. [01:55]-What macro really means and to what degree should you care about it. [04:13]-Why timing the market is impossible. [06:33]-The fastest way to...2023-05-1541 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB272: Bear Market TherapyWelcome to the Investing for Beginner’s podcast! In today’s episode, we will turn the gloom and doom of the current “bear” market into something positive for all. Listen on as, Andrew is back with us again in the show (yay), we talk about how to deal with the current market especially on your behaviors and emotions. Timestamps of the episode:-Bear market “therapy” and your behavior towards the market. [02:43]-How often should you check your portfolio. [04:24]-Dave’s first bought stocks and how it fared [07:50]-Short term chasing will ne...2023-04-1028 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB265: You Don’t Need a Background in Finance to InvestWelcome to the Investing for Beginners podcast! Today's episode will be up close and personal! Dave here will be sharing his investing journey to show that you don't need a degree in finance in order to invest in the stock market. He shares his ways in learning investing by himself and how he managed through it all so listen on!Timestamps of the episode:-Dave shares his backstory and shows how you don't need an accounting degree to invest in the stock market. [02:13]-What would make an accounting class interesting? [05:37]-Dave...2023-03-0624 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB260: Which Companies Would You Use to Teach a Finance Class?Welcome to the Investing for Beginners podcast! Today's episode will be an investing class! Here we will take a stab on Patrick O'Shaughnessy's question posted in Twitter. (Link to the tweet- https://bit.ly/3HDqty4) The question goes like this: You get to teach an investing class by using three long term single case use stocks from any era. Berkshire's not allowed. Listen on as we discuss each of our picks that are sure good primer into what a great business is and vice versa!Timestamps in the episode:-Andrew's first case study: Coca-cola ($KO...2023-02-1334 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB243: What You Can Buy on the DipWelcome to the Investing for Beginners podcast. In today's show, we chat about what you can buy during the dip:· Andrew & Dave’s first type of company – GARP (growth at a reasonable price)· Andrew’s next category – Cyclicals· Andrew’s Third Category – Value with a Catalyst· Dave’s last category – World Class Companies at great pricesFor more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com Today's show is sponsored by: MasterclassToday’s show is sponsored by Masterclass, one of my favorite new mediums to learn from. They ha...2022-10-2724 min

The Investing for Beginners Podcast - Your Path to Financial FreedomAndrew Schrage of Money Crashers Joins Us to Talk Finance and Side HustlesWelcome to the Investing for Beginners podcast. In today's show, we chat with Andrew Schrage, CEO and co-owner of Money Crashers:· How Andrew started Money Crashes and how his “side hustles” grew to become the business it is today.· How Money Crashers focused on people without much financial background and how they targeted content to help those people.· The biggest challenges he sees out there, helping people save more money, and understanding credit cards and how they work.· How Andrew describes compound interest and the impact of paying off debt· What Andrew thinks of B...2022-10-2030 min

The Investing for Beginners Podcast - Your Path to Financial FreedomIFB239: Why Time in the Market is More Important Than Timing the MarketWelcome to the Investing for Beginners podcast. In today's show, we answer two plus great questions:· Explaining Fibonacci retracements and why we don't use charting as an investing strategy· The drawbacks to trying to time the market and holding cash waiting for the perfect opportunity· How to research companies or industries in emerging markets or industries and the struggles you might encounterFor more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com SUBSCRIBE TO THE SHOWApple | Spotify | Google | Stitcher | Tunein You can find...2022-09-2231 min

The Investing for Beginners Podcast - Your Path to Financial FreedomJosh Levin of OpenInvest Joins us to Discuss Sustainable FinanceWelcome to the Investing for Beginners podcast. In today's show, we chat with Josh Levin, co-founder and chief strategy officer of OpenInvest:· How Josh got into sustainable finance· How his background led him to his career and his love of nature helped spur his desire to create sustainable finance· How OpenInvest helps drive sustainable finance and the tools they offer· What kinds of changes he sees coming as a result of technology and how people use their money, particularly in the younger generation.· His thoughts on the criticism that ESG doesn't make much of an impact and h...2022-09-1934 min