How To Find Profitable Stock Ideas Around You

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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 of How To Find Profitable Stock Ideas Around You

Page 1: How To Find Profitable Stock Ideas Around You

How To Find Profitable Stock

Ideas Around You

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“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

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So How Do You Identify YourCircle of Competence ?

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For A Start, You Can Always Start With Your Job or

Profession

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A Medical Practitioner Can Look For Pharmaceutical

CompaniesThat Manufactures Drugs or

Medical Equipment

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An Auto Salesman Can Look For Companies That

Manufactures Automobiles or One That Supplies The

‘Parts’

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With Industry Knowledge, You Will Know Which Are

The Companies That’s Top In The Industry

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As Well As The OnesThat’s Losing Steam &Going On A Decline…

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Another Way To IdentifyYour Circle of Competence

Is The Way You Shop & Consume

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What Do You Purchase?Shavers, Mobile Phones,

Shampoos, Hair Gels, Detergents, Clothings…

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How About The PlaceWhere You Dine In?

Restaurants, Cafes… etc

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Staying Within YourCircle of Competence

Can Yield Huge AdvantageFor An Investor

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First, As Mentioned Previously, It Gives You

Industry Insights & Experience Into The Psychology Of The

Consumers

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It Also Narrows DownYour Stock Selection.

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Of The 46,332 StocksWorldwide, You Only Need To

Select Those You Have Interaction & Experience

With

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Not Only Does This Help YouCut Down Time & Getting

Idea For The Next BIG Thing…

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It Also Reduces Your Chances Of Picking A Bad

Investment

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Less Mistake = More Profitable

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Once You Are Confident & Start To Understand

Business A Little More…

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You Can Then Seek To Expand Your Circle of

Competence Through Linked Industries

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For Example:Restaurants > Catering

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Once You Have Experience In Catering, Which Has

Similarities To Do With Supply Chain…

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You Can Then Look At Business Models Within The

Supply Chain Industry & Expand From There…

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You Can Then Look At Business Models Within The

Supply Chain Industry & Expand From There…

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Questions?Feel free to reach out to us…

Website: http://www.fifthperson.com