Announcer: 00:00 You’re tuned in to the Investing for Beginners podcast. Finally, step by step premium investment guidance for beginners led by Andrew and Dave to decode industry jargon, silence crippling confusion, and help you overcome the emotions by looking at the number, your path to financial freedom starts now.
Dave: 00:36 Welcome to the podcast, this is episode 89. Tonight Andrew and I are going to do a little more of a deep dive into the 10 K, and that’s one of our favorite things to talk about. I know I like to geek out about 10 ks and so does Andrew, so we’re going to talk a little bit more about them. So Andrew, why don’t you go ahead and start us off there. Big Guy.
Andrew: 00:56 Yeah, sounds good. So 10 k, another way of saying a company’s annual report, this is the document that every company, every public company is required to file. And this is where you will find all of the information about accompany. We’ve talked about some of the important ratios and some of the important metrics that you’ll find on there, some of the important numbers. So I think today maybe we talk a little bit more about some of the qualitative side. I’ve been reading a lot of 10 k’s lately and have seen some similarities, some, some things that have stuck out and you know, based on some of the previous discussions we’ve had the last couple episodes, you know, on the last episode with Braden.
Andrew: 01:42 Now we’re talking about, trying to find a qualitative factor and how that, how that helps you make a decision on whether you want to buy a stock a talked about kind of this whole idea of buying stocks with products that are either commodity products or a versus maybe one where a product is priced at a premium. Maybe it’s a value add and the differences there. So that’s maybe where I can start something I can shed some light on. Basically when you want to look at a stock and you want to determine, okay, how do I look at this outside of just what the numbers are telling me? What kind of common sense things or how what can I observe in my day to day life that can help me when I’m looking at stocks and making these tough decisions? You know, we talked about previously about that listener who had a question about, well, I got a list of stocks.[continue reading…]