Why subscribe?

My dad bought me a couple shares of a mutual fund when I was 14 and from that point on I was hooked on investing. I loved the idea that I could put money somewhere for a period of time and get more back while doing nothing. This is me looking at the fund holdings, I assure you I wasn’t understanding anything.

I started investing in penny stocks since that is all I could afford, from there I tried oil future contract ETF’s, and swing trading earnings reports. In college I saw a video from Warren Buffett explaining when you buy a stock, you are buying into a piece of a business with a value that is separate from the market price. If I could forecast the future cash flows of a business, I would be able to know the value of the business, as opposed to what the market says it’s worth.

I look at investing as being a business owner. Every day I get to own a new business, and the market is generous enough to offer me different price points throughout the year to buy at. I like to find businesses who have positive or growing free cash flow, have strong competitive advantages, and re-invest capital into their businesses at high rates of return. I have heard it said that value investing is buying $1 bills for 50 cents. The market doesn’t present many opportunities, but it is important to know what businesses you want to buy, and have a price you are willing to pay.

Thank you, I hope you join me on this journey.