Portfolio construction
Most investors lack a coherent portfolio construction strategy. Making money off individual stocks is easier than making money off a portfolio because not all your stocks will perform well at…
Valuation: My Take
Now I’m going to share my own personal framework for valuation a mixture of the qualitative and quantitative methods which you are free to use and feel free to suggest…
Valuation: Quantitative Methods
There are several qualitative and quantitative methods for valuing a company. The appropriate quantitative method to use depends on the company's stage of development, industry, the information available and the…
Valuation: Qualitative Factors
Valuation is a tricky concept that helps separate the professionals from the amateurs. I have found it to be relative, flexible and context dependent. Often the definition of ‘fair’, ‘undervalued’…
Accounting Red Flags, Corporate Governance Checks
If you are reading my blogs for the first time and are a novice in the field on investement, I recommend you read the blog on Accounting Ratios before starting…
Accounting Ratios
It has been rightly said that accounting is the language of business. But you don’t need to be an accountant to be a good investor. You just need to understand…
Analysing A Few Financial Statements
If you are a beginner and would like to understand how to read the profit and loss statement, the cash flow statement and the Balance sheet you can read our…
Financial Statements : Cash Flow Statement
Cash Flow statement should be your main focus while analyzing Financial Statements because profits earned might not translate into cash received and unless cash is received in the bank, we…
Financial Statements: Balance Sheet
Analysing a balance sheet is a major aspect of financial analysis and understanding if the company is fundamentally strong or not. It gives us a snapshot of the company at…
Financial statement: Profit & Loss Account
So, this is one of the most important aspects that we need to analyse before investing because accounting is the language of business. If you don’t understand accounts, then you’ll…