Money and Finance
- Competitive Strength Vs. Sustainable Competitive Advantage
“It is important for you to distinguish a business’s competitive strength from a sustainable competitive advantage. If a business has good customer service, a quality product, and knowledgeable workforces, those are all strengths, but those can often...
- Filtering Investment Ideas...
"When filtering through the many investment opportunities the stock market is offering at any given time, it is important for you to establish criteria of the types of businesses and management teams you are searching for. These criteria serve as a filter,...
- The Three Most Common Investing Mistakes...
“The three most common investing mistakes relate to the price you pay, the management team you essentially join when you invest in a company, and your failure to understand the future economics of the business you’re considering investing in.” –Michael...
- Good Question To Ask Management Teams...
From the book The Investment Checklist by Michael Shearn: “If you were away for one year, which key metrics would best tell you how the business was doing?” ...
- Competitive Advantages
These quotes are from the book The Investment Checklist by Michael Shearn. "Competitive advantages are less sustainable when they are affected by changes in technology or if they are in rapidly emerging industries. Changes in technology threaten...
Money and Finance
Michael Shearn quote
"When you do not have investment opportunities that you are ready to act on, you can use your time to prepare for future opportunities. When you identify a unique business or superior management team, add the business to your inventory of ideas or watch list, regardless of its current valuation. This is the secret sauce to investing intelligently, because it allows you to act decisively when a good opportunity is in front of you, and it prevents you from acting imprudently when you first have the idea or insight. In essence, you are letting time work in your favor." -Michael Shearn, The Investment Checklist
- Competitive Strength Vs. Sustainable Competitive Advantage
“It is important for you to distinguish a business’s competitive strength from a sustainable competitive advantage. If a business has good customer service, a quality product, and knowledgeable workforces, those are all strengths, but those can often...
- Filtering Investment Ideas...
"When filtering through the many investment opportunities the stock market is offering at any given time, it is important for you to establish criteria of the types of businesses and management teams you are searching for. These criteria serve as a filter,...
- The Three Most Common Investing Mistakes...
“The three most common investing mistakes relate to the price you pay, the management team you essentially join when you invest in a company, and your failure to understand the future economics of the business you’re considering investing in.” –Michael...
- Good Question To Ask Management Teams...
From the book The Investment Checklist by Michael Shearn: “If you were away for one year, which key metrics would best tell you how the business was doing?” ...
- Competitive Advantages
These quotes are from the book The Investment Checklist by Michael Shearn. "Competitive advantages are less sustainable when they are affected by changes in technology or if they are in rapidly emerging industries. Changes in technology threaten...