Agreed you do need to get your teeth into it if one is going to have the conviction we need when investing. There also needs to be a degree of uncertainty to create a disconnect in valuation terms - so being able to review the ‘pedigree’ of a company from a historical model is important.
As I’m also not from a financial background I found investopaedia to be an excellent resource for understanding some of the metrics like fcf.
Although there are 10000001 good value books out there, this document by James Carlisle was a helpful read for me.
It’s not behind a paywall so I don’t there’s any issue with providing the link - it’s also a good advertisement for InvestSMART at any rate.
https://ii-uploads.s3.amazonaws.com/share_advisor/splreports/VALUE_by_Intelligent_Investor.pdf
Agreed you do need to get your teeth into it if one is going to...
Currently unlisted. Proposed listing date: 16 SEPTEMBER 2024 #
