Pick Winning Stocks with a Stock Investing Checklist w/ Clay Finck (TIP656)

Video Description

Today's episode features Clay offering a detailed guide on creating an investment checklist to help avoid picking and losing stocks. An investment checklist, along with a thorough fundamental analysis, is crucial for making informed decisions in the investing world. IN THIS EPISODE YOU’LL LEARN: 00:00:00 - Intro 00:00:42 - The importance of fundamental research 00:03:46 - How to generate investment ideas 00:06:00 - Starting fundamental research 00:11:29 - Understanding customers 00:18:28 - Understanding the competitive advantage 00:23:17 - Analyzing the operations and financials 00:24:50 - Risks 00:28:24 - Return on invested capital 00:29:56 - Earnings and cash flows 00:32:55 - Cyclicality 00:36:17 - Operating leverage 00:37:26 - Working capital and capital expenditures 00:40:30 - Assessing management 00:44:09 - Compensation 00:52:02 - A business is its people 00:54:56 - Capital allocation 00:56:57 - Judging their character 01:01:12 - Growth opportunities 01:07:17 - TIP Mastermind Community 🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Clay and the other community members: https://theinvestorspodcast.com/mastermind 📚 Start accelerating your learning journey today. Sign up and listen to Richer, Wiser, Happier for free at https://theinvestorspodcast.com/audible 💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ ▶️ RELATED EPISODES: - Old Dominion Freight Line Stock Deep Dive | Best Quality Idea Q3 2024: https://youtu.be/eBP3qEgXDxg - 7 Powers: Business Durability & Strategy Masterclass w/ Hamilton Helmer: https://youtu.be/j7Vn7l8QtxU - Evolution AB Stock Deep Dive | Best Quality Idea Q1 2024 w/ Clay Finck & Kyle Grieve: https://youtu.be/99kuCMDxmGQ - "The biggest risk is always what no one sees coming." - Morgan Housel: https://youtu.be/pt6m4JzZJ14 - The BEST Investor You've NEVER Heard Of: Nick Sleep: https://youtu.be/YJQaKHnurpo 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/mastering-stock-selection-with-an-investment-checklist/ 📖 BOOKS MENTIONED: - The Investment Checklist by Michael Shearn: https://amzn.to/3Tb8A0q - 7 Powers by Hamilton Helmer: https://amzn.to/3XxKek9 - Investment Intelligence from Insider Trading by H. Nejat Seyhun: https://amzn.to/4e3CLhQ Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 💡 OTHER RESOURCES - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙 On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/ 📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/survey2023-youtube ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.