Investing guides
How to research a company, explained with real numbers from real filings.
Value investing for beginners: four questions to ask about any company
Value investing is less about cheap stocks than about knowing what you own. Four questions get you most of the way, and each has numbers you can check.
How to research a US stock: a beginner’s checklist
Everything you need to research a US-listed company is public and free. The work is knowing where to look and in what order. Here are seven steps, with Rocket Lab as the example.
How to read a balance sheet, with Rocket Lab’s real numbers
A balance sheet tells you whether a company can pay its bills, how much it owes and where its money came from. Here is how to read one, line by line, using Rocket Lab’s filings.
Free cash flow explained: how to calculate it, and what FCF yield tells you
Earnings are an accounting opinion; free cash flow is the cash a business actually throws off. Here is how to calculate it, how to turn it into a yield, and what to watch out for, using Apple’s figures.
How to read a 10-K: the sections that matter, and in what order
A 10-K is the most complete, most honest document a US company publishes about itself, and it often runs past 100 pages. You don’t need all of it. Here are the parts worth your time.
Research every company like an owner
- Company research
- Moat analysis
- Industry chain
- News
- Market radar
- Volume radar
- + 6 more tools