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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

97 - Engineering Mental Models: Why Engineers make good investors show art 97 - Engineering Mental Models: Why Engineers make good investors

The DIY Investing Podcast

As an investor with an engineering background, I believe I bring a unique perspective to investing in businesses. The mental models: margin of safety, backup systems, scale, failure points, and leverage originate in engineering are useful for investors.

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96 - The difference between 96 - The difference between "Right" and "Useful" for investors

The DIY Investing Podcast

Your goal as an investor is not to be the most accurate in your calculations or to do everything the 'right' way. Your goal is to make money. Sometimes the right way technically leads you to make worse decisions.

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95 - How to build conviction in a stock idea (FAQ) show art 95 - How to build conviction in a stock idea (FAQ)

The DIY Investing Podcast

Conviction is a function of opportunity cost, the margin of safety, position-sizing, and upside. Your required conviction is determined by opportunity cost and position sizing. You increase conviction by improving the margin of safety and upside potential.

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94 - Japanese companies are worth less than American companies, All Else Equal show art 94 - Japanese companies are worth less than American companies, All Else Equal

The DIY Investing Podcast

This podcast episode outlines some key differences between Japanese culture and American culture which influence how investors should value Japan based stocks versus United States based stocks. Shareholder primacy and culture are important.

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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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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

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