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Patreon: Why I am launching a DIY Investing Membership Program (Episode 011)

The DIY Investing Podcast

Release Date: 01/27/2019

93 - OTC Markets Business Analysis with Ralph Molina of Midstory Ventures show art 93 - OTC Markets Business Analysis with Ralph Molina of Midstory Ventures

The DIY Investing Podcast

I interviewed Ralph Molina of Midstory Ventures where we discuss a stock pick: OTC Markets. Stock Ticker: $OTCM

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92 - Discount Rates: Past, Present, and Future show art 92 - Discount Rates: Past, Present, and Future

The DIY Investing Podcast

Discount rates form the foundation for the process of stock valuation. Value investors, therefore, rationally adjust their discount rates based on their expectations for their future. Changing expectations will reduce discount rates over time.

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91 - GAAP vs non-GAAP Earnings (Amazon Deep Dive) show art 91 - GAAP vs non-GAAP Earnings (Amazon Deep Dive)

The DIY Investing Podcast

GAAP stands for "Generally Accepted Accounting Principles" and GAAP earnings represent net income available to shareholders using these accepted accounting principles. GAAP is foundational for investors trying to calculate the owner's earnings.

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90 - What is Intrinsic Value? show art 90 - What is Intrinsic Value?

The DIY Investing Podcast

Be very careful when describing an asset's "value." You need to define your terms because they matter. Intrinsic value is the Net Present Value of all future distributions of cash. (Not the NPV of Free Cash Flow) Extrinsic value is the market value as defined by others. 

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89 - All Securities are owned at all times (Investing First Principle) show art 89 - All Securities are owned at all times (Investing First Principle)

The DIY Investing Podcast

Every security or financial asset MUST be owned by someone at all times until that security is retired. This holds true for stocks, bonds, cash in the bank, QE, and any other similar financial asset. This is an investing first principle. First-principles are useful for investors seeking to develop investing strategies from the ground up. 

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88 - Satisficing: Why you should avoid attempting to maximize your portfolio returns show art 88 - Satisficing: Why you should avoid attempting to maximize your portfolio returns

The DIY Investing Podcast

Satisficing is defined as accepting an available option as satisfactory. This mental model is useful because consumers use it instead of optimizing for every purchase. Investors can learn from this behavior to improve their portfolio and investing strategy.

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87 - Cost of Growth Valuation and Asset / Earnings Equivalence show art 87 - Cost of Growth Valuation and Asset / Earnings Equivalence

The DIY Investing Podcast

Growth is not free for most companies. It costs something. The cost of growth valuation model takes into account return on invested capital when valuing stocks. Most companies have to retain earnings in order to grow.

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86 - The Tyranny of Backtesting: Why Backtests are harmful and counter-productive show art 86 - The Tyranny of Backtesting: Why Backtests are harmful and counter-productive

The DIY Investing Podcast

Investors use backtests in order to test whether a portfolio's asset allocation would have performed well in the past. The use of backtesting is harmful to a portfolio because it ignores uncertainty and overstates the value of empirical evidence.

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85 - Precisely Wrong, Roughly Right (DCFs) show art 85 - Precisely Wrong, Roughly Right (DCFs)

The DIY Investing Podcast

Discounted Cash Flow calculations and models provide precise estimates of intrinsic value but tend to be flawed. It is much better to improve accuracy by ignoring DCF and using a simple intrinsic value calculation like the Gordon Growth Model.

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84 - Would you buy your employer's stock? show art 84 - Would you buy your employer's stock?

The DIY Investing Podcast

The company you work for should be the first place you look to begin understanding how to perform scuttlebutt. Investors should analyze their employer's stock as a potential investment candidate. Culture, Quality, and Management are key areas.

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Why Patreon?

The DIY Investing membership site is hosted on DIYInvesting.org with Patreon used as the payment processor and platform partner.  Members are offered exclusive access to investing research and educational resources on how to be a better investor.  Patreon allows me to carefully curate this insider content for each individual member of our community. 

Exclusive Community Member Benefits

The public facing content of DIY Investing is focused on providing general purpose investing insight and personal finance education to the masses.  In contrast, your membership will offer you exclusive behind-the-scenes access to my personal investing process.  As you increase your contribution/membership level you will gain an increasingly inside look at the investment research that I perform on weekly basis.

All of the benefits provided here are meant to save you time and help you earn more money from your investing.  You'll be gaining access to my personal notes, fundamental analysis, and valuation on companies. 

Member Benefits Include:

  • Company Quality Analysis Spreadsheet
  • Individual Company Quality Reports
  • Company Intrinsic Value Spreadsheet with Buy/Hold/Sell Ratings
  • "Insider Access" to my Personal Investment Portfolio and Company Holdings
  • Small-Cap Stock Research - My personal notes and fundamental analysis
  • Micro-Cap Stock Research - My personal notes and fundamental analysis
  • "Buy Thesis" reports on each and every company that I currently own and purchase in the future
  • Short-Term Investment Alerts - Updates when I make changes to my personal portfolio

Review Full Details at Patreon.com

Join our Investing Community Today!