Michael Porter is well known for his five forces framework, which remains one of the best ways to assess an industry's underlying...

When a company goes public and sells shares to a wide range of investors, price discovery happens. The price of the shares is based on...

The basic understanding of financial statements is a pre-condition to performing financial analysis. It can start from a basic analysis...

"The primary goal in financial reporting is the dissemination of financial statements that accurately measure the profitability and...

The competitive advantages will eventually be copied away or the tastes and preferences of consumers will change and companies will...

When you go to the gym for the first day you do not spend hours lifting heavy weights. Even if you want to build a body by lifting heavy...

As per my understanding, an investor can earn a return primarily in two ways. First, to follow the market. And the other, stand against...

Mutual funds, AIFs etc. are not tax-efficient solutions for the USA and Canada-based NRIs. There are more straightforward options to...

Any asset can be valued by discounting its future cash flow via a discount rate. This discount rate is called the weighted average cost...

It is not unusual for investment professionals to get teaching assignments. I still remember I had the first assignment within a week of...

Before we understand how to identify consistent compounders, we need to know what consistent compounders are. These are those companies...

The margin of safety is the difference between the fair value of a stock and its market price. Warren Buffet says, ‘price is what you...

After you have studied the business and industry, you understand the prospects. Once you are confident of the prospects of the business,...

An organization's culture is the personality of a company just like individuals have personalities. What is organizational culture? An...

What is capital allocation? In simple terms, it is how intelligently capital is invested. When a promoter starts there is a certain...

One must understand the opportunity size and look at the company’s growth plan to tap into the opportunity. Capacity expansion If a...

This is a very important aspect to research the kind of themes that can play out in the future. Someone who had invested in Colgate in...

An advantage that the company enjoys in comparison with the competition. What is an Economic Moat? A term given by Warren Buffett means...

As the level of competition and regulation in any sector increases, the fortune of that sector gets impacted. Type of competition Perfect...

There are many ways to assess the return profile of a company starting from readily available data to a more complex calculation. Return...