🏰 Financial Statements 101

It’s #QualityTuesday!

In this series, I’ll teach you 5 things about the stock market in less than 5 minutes.

Financial Statements 101

Understanding Financial Statements is crucial to make good investment decisions.

Here’s how to analyze and interpret the:

- Balance Sheet
- Income Statement
- Cash Flow Statement

in a few minutes.

Howard Marks about day traders

Investors make money for themselves.

Day traders make money for their brokers.

Here’s what Howard Marks has to say about this topic in his excellent book The Most Important Thing:

One simple investment quote

Napoleon once said that a military genius is someone who can do the average when everyone else around him is losing his mind.

The same goes for investing.

Charlie’s Masterclass

If even 99-year-old Charlie Munger thinks on the long term, shouldn’t you?

Watch this 40-minute Charlie Munger masterclass to improve your knowledge.

Example of a Quality Company

Adobe is a great example of a Quality Company.

Click on the picture hereunder to open it in high resolution.

Premium Subscription

Starting from the 1st of October, Compounding Quality will transform into a full investment platform.

Everyone who subscribes before Sunday gets 3-month access to Koyfin Pro for free (value: $300).

More articles from Compounding Quality

Do you want to read more? Here are our 5 latest articles:

• What you need to know about Free Cash Flow

• Foolish Wall Street

• Owners Manual

• It’s showtime

• The best of Compounding Quality

That’s it for today

That’s it for today.

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About the author

Compounding Quality has a true passion for investing and helping other investors. He aims to invest in the best companies in the world as it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Compounding Quality used to work as a Professional Investor but left his job to help investors like you. The main reason for this? He was sick of the short-term mindset of Wall Street and wanted to genuinely do the right thing.

All readers of Compounding Quality are treated as PARTNERS. We ride our investment journeys together.

“We have an attitude of partnership. Charlie Munger and I think of our shareholders as owner-operators.” – Warren Buffett

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