how to find profitable stock ideas around you
DESCRIPTION
In this presentation, we'll show you some of ways retail investors can do to look for PROFITABLE stock ideas without listening to all the market noises.TRANSCRIPT
How To Find Profitable Stock
Ideas Around You
“You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries however, is vital.”
~ Warren Buffett
So How Do You Identify YourCircle of Competence ?
For A Start, You Can Always Start With Your Job or
Profession
A Medical Practitioner Can Look For Pharmaceutical
CompaniesThat Manufactures Drugs or
Medical Equipment
An Auto Salesman Can Look For Companies That
Manufactures Automobiles or One That Supplies The
‘Parts’
With Industry Knowledge, You Will Know Which Are
The Companies That’s Top In The Industry
As Well As The OnesThat’s Losing Steam &Going On A Decline…
Another Way To IdentifyYour Circle of Competence
Is The Way You Shop & Consume
What Do You Purchase?Shavers, Mobile Phones,
Shampoos, Hair Gels, Detergents, Clothings…
How About The PlaceWhere You Dine In?
Restaurants, Cafes… etc
Staying Within YourCircle of Competence
Can Yield Huge AdvantageFor An Investor
First, As Mentioned Previously, It Gives You
Industry Insights & Experience Into The Psychology Of The
Consumers
It Also Narrows DownYour Stock Selection.
Of The 46,332 StocksWorldwide, You Only Need To
Select Those You Have Interaction & Experience
With
Not Only Does This Help YouCut Down Time & Getting
Idea For The Next BIG Thing…
It Also Reduces Your Chances Of Picking A Bad
Investment
Less Mistake = More Profitable
Once You Are Confident & Start To Understand
Business A Little More…
You Can Then Seek To Expand Your Circle of
Competence Through Linked Industries
For Example:Restaurants > Catering
Once You Have Experience In Catering, Which Has
Similarities To Do With Supply Chain…
You Can Then Look At Business Models Within The
Supply Chain Industry & Expand From There…
You Can Then Look At Business Models Within The
Supply Chain Industry & Expand From There…
Full Step-By-Step Case Study On How We Discovered, Evaluate & Sold This Stock For A 243.5% Return In 18 Months
Questions?Feel free to reach out to us…
Website: http://www.fifthperson.com