Stocks from Scratch: Recent Episodes
Ross Sedra
We will navigate the seemingly overwhelming world of stocks and help you learn how to identify good investments, and buy them at the right price. We'll be starting from ground-zero and using only simple language so that anyone can jump along, regardless of education or background. Along the way we'll inevitably learn a lot about managing your money and building your wealth, and how to avoid losing money in the stock market because of a stock tip your friend gave you at a BBQ.
Learn the all-important art of estimating a company's growth rate
New stocks mentioned
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BlendLabs
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MeridianLink
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SoFi
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MoneyLion
Learn how to navigate the recent sell-off in all things small-medium sized growth and tech
Stocks mentioned
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Barkbox
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Chegg
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Bumble
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PaySafe
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Talkspace
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WM Technology (Weedmaps)
Learn about the process - from finding opportunities all the way through to determining your target price
Companies mentioned - Eargo
Learn about what you can and cannot decipher from a stock chart
Stocks mentioned - MOTV, KERN
Learn about some other lingo that you'll come across - enterprise value, market cap, and price ratios vs enterprise ratios
Stocks mentioned - TAL Education Group (TAL), E-Home Household Services (EHJ), Baozun (BZN), KE Holdings (BEKE), Baidu (BIDU), Alibaba (BABA), Tencent (TCEHY)
Learn about the different investing styles so you can see what suits you best. Also, a long-awaited market update.
Learn a little more about the financial statements as we wrap this topic up for another while
Learn how to interpret the different components of the income statement and what the numbers can tell you
Learn how checking the segments can save you from over-paying, and from missing bargains
Let's find out what is happening in markets today, because there are a lot of moving pieces
Learn about all the different stock brokerages out there and what one is right for you.
Learn how to adjust the FCF so that you're basing your valuations off the right number.
Learn about the results that two different strategies generated over the past six months - we're talking value vs growth and hype. The results will hopefully not surprise you - hype and growth did much worse than value - the proof is in the pudding.
Learn how to navigate the haemorrhaging we're witnessing, no matter what your situation.
Learn about the last steps of finessing your DCF. Once you've got DCF's down-pat, you can make sure you never make a losing investment again!
Learn how to make sense of what's going on in the markets currently, and how to dodge some deadly bullets.
Learn how to nail that overwhelming DCF so you can invest in those growth companies that we all love with a sound financial base
Learn how to deal with the most fearsome part of investing - market crashes. There's a lot of things to do, and more importantly, not do, when it all goes red.
Learn all about SPACs (Special Purpose Acquisition Companies) and how to spot the good SPAC from the bad SPAC. Despite the title, SPACs aren't all bad news, but you have to know what to look for.
I made this episode on Monday, but by the time you hear this GameStop stock has probably finally run its course and is down 50%+. Lots of lessons to be learned here.
Learn how to attack the daunting DCFs as we revisit them for the first time in a while. They aren't as daunting as they first appear, and in a time where valuations are only becoming more important, it's time to have another real crack.
Learn about some other valuation techniques that we haven't discussed before, including; theoretical free cash flow, and sales multiple-to-growth ratio.
Learn about all the common biases that will inevitably come upon you in your investing journey. Biases can lead to poor decisions, and unfortunately being human means we often miss them until its too late.
The market is well and truly hot, learn how to navigate this dangerous market without getting burned.
Learn about the types of attitudes and mental states that will help you thrive, or make you die. These 'soft skills' are incredibly powerful, and harnessing them whilst everyone else has left them at the door will prove hugely beneficial.
Learn a quick thing or two to note when looking at a specific industry, knowing this stuff will help guide your decision-making and put the company into the context of its overall industry.
Learn a few key things about a bunch of other industries that might come up in your investing process, and the red and green flags to look out for,
Learn about how to analyse these common companies, and what to watch out for when analysing them.
Learn what to look out for when diving into the; clothing, alcohol, film and TV, and gaming industries - when opportunities arise, and what to avoid.
Learn how to navigate the technology industry, and all the things you need to know before investing in tech. Also learn about why crypto isn't the best place to put your money. Ever.
Learn how to spot a company that is edging closer to bankruptcy - a company in financial distress - as this is one of the few ways for shareholders to have all their money completely wiped out. .
Learn about all the good things to look out for when considering an investment, including; management, key numbers, and the industry.
Learn about what's happened in markets over the past few weeks, and where to look for the next opportunities.
Learn how and when to buy stocks, and the more difficult decision of when to sell stocks.
There's a few common situations where stocks can be cheap, and we dive into how to spot them and how to navigate them.
Learn how to research a company - all the resources and steps you need to take to get a full-picture of the company and make the most informed decisions.
Learn how to practically apply everything we've learned about valuation over the past few weeks. We practice valuing companies that are in various situations.
Learn when to use each valuation method. We do a quick re-cap of everything we've learned so far and after next week we're finally done with the numbers.
Apologies audience, this episode has been updated to the full-length version. If you listened to this anywhere from Monday 21st to Wednesday 22nd, then you listened to the wrong version.Learn how to invest in growth stocks - companies which are currently expensive, small, and losing money, but have big future potential. My scaffold will help you to value these companies so you can decide for yourself whether they are 'expensive' or not.
Apologies audience, it appears that I posted the wrong episode initially - here is the correct episode!Learn about the differences between; relative valuation (using multiples), and intrinsic valuation. We also dive into the low growth formula and how to use it.
Continuing on how to value a company, we learn how to get a multiple from either;Company's own history.Company's growth.
Dive into the news of the market this week, including;Technology stocks' big declines.Afterpay's serious challenge from PayPal.Why Webjet isn't as cheap as you think.
Learning what multiples are, and how to use them. Dived into our first valuation method of getting multiples from similar companies.
We learn all about Free Cash Flow, the most important number we'll come across, including; How to calculate it.Why it's so important.
Learn how to read the three financial statements:The Income Statement.The Cash Flow Statement.The Balance Sheet.
An update about the state of the stock market today. With the pandemic easing in the US there's a big rotation occurring that you'll want to know about on this episode. We also discuss what's cheap and what's not.
The first step in our investing journey is learning how to pick a good company. A good company will have a sustainable competitive advantage (moat) - something that protects them from competition. There's four main ways this can be present; brand, patent/legal, network effects, switching.We also dive into why we want to pick a good company, besides the obvious perks.
This week we dive deeper into the world of ETFs:`Their perks.How to pick them.The different types.When to buy them.How to buy them.
We discuss how to get the investing ball rolling by opening a brokerage account. Then we dive into the two main ways you can invest - ETFs, or individual stocks, and the pros and cons of each so that you can choose how you'd like to approach your investing journey.
This week we dive into; The benefits of stocks versus other investment options (real estate, small business, bank accounts). The magic of compounding. The advantages we have over the Wall St ‘pros’, and why they aren’t as ‘pro’ as you think. How to use what we consumers know to help us in stocks.