'Stay the course' is a phrase used by navigators to encourage maintaining the current direction or plan, especially when faced with challenges or temptations to change. It is rooted in maritime history where maintaining a set course was crucial for reaching a destination safely and efficiently. The phrase has broader applications in life and in [...]

One of the most memorable things I learned in business school is that TIME is the secret sauce to building wealth. A host of factors such as: Your Starting Point Income Growth Financial Literacy Expense Management Tax Planning Risk Management certainly influence wealth creation. The power of time, however, is often overlooked because most people [...]

As a follow up to my How I Identify New Companies to Research post, in this post I address the position sizing conundrum investors face when trying to determine how to properly size a position within an investment portfolio. Dollar versus Percentage Perspective Determining how much weight each particular stock receives in a portfolio is [...]

Every great business is built around a strong moat. - Warren Buffett A company’s moat is an essential concept for investors and business professionals. It refers to a company’s ability to maintain competitive advantages to protect its long-term profits and market share from competing firms. Think of a company's moat as the answer to What [...]

A common question I receive is how I identify new companies to research and whether I use stock screeners. I use the free version of the Finviz stock screener sparingly. Stock screeners are not exclusive to a single user, and therefore, any stock screener output is readily accessible by all paying subscribers. I, therefore, derive [...]

Should you invest in a company with negative or negligible shareholder equity? Calculate shareholders’ equity by subtracting total liabilities from a company's total assets; both are on a company's Balance Sheet. Negative shareholder equity indicates a company's total liabilities exceeds its total assets. In many instances, this is a sign of financial distress. Not everything, [...]

Had I been much more mature when I was younger, I would likely now have a much larger investment portfolio. Alas, my priorities were much different decades ago. Allow me to regale you with some of my high school and undergraduate degree education experiences. Although I enjoyed high school and my undergraduate Economics university program, [...]