How to Research a Stock like the Rich | Stocks 101

When I was in College I got obsessed with making more money, and one of the ideas I first received was buying and owning stock in companies. And when I first started I had an amazing formula, I would check the current price and what it was a year ago, and I assumed that if the price went up it will keep doing the same thing. ( obviously that’s not a good idea because of gravity)

So I started asking my professors, who were not pro investors by way. One told me, I buy companies and sell them if I make 15% or I lose 15% and that’s it, and the price cant be over $100 ( and he had no real strategy when selecting them ). The other told me, Tommy just buy the company that you already invest in by buying their products. ( it left me stuck for a few minutes but then it finally made sense ). If I like Coke I just buy coca cola stuck, the only problem was that I was also a big fan of Radio Shack and black busters, and that didn’t turn out good did it.

So obviously the next step was to stop asking my plumber how to fix my car, and just to go straight to my mechanic. So yes I bought a few investments books and I started learning from the best. And todays video based of one of those books. Its called One up on Wallstreet by Peter Lynch, the guy that could turn 10k into over 200k in less than 13 years.

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Chapter:
0:00 Intro
6:51 How To Get Leads
9:40 Find Out Their Products
11:00 List It Into 6 Categories
17:32 14 Tips For Looking For Attributes In A Business
29:50 Stocks To Avoid
32:06 Outro

1. Get the leads by looking around home ( potential investments )
– The big question people ask is how do I find the stocks that are going to make me rich

But the best ways to Generate a Lead:
– Is how my professor told me, look at the products that you are constantly buying and ask yourself what company is making them and are they public company
– Looking the places that you vist, Star Bucks, DD, or whatever else your doing

2. Find out the best products or what the story is
– This means look into the company and see what they are selling the most, and if they are diversified.
– For example, Coco- coca doesn’t just Sell coke, they sell a bunch of other products

3. List it into 6 categories like Peter lynch
– Slow growers: big companies you cant expect crazy growth from
– Stalwarts: a big establish company, but still has potential for fast growth
– Fast growers: obviously these are usually smaller companies with potential for crazy growth

4. Get the details of the business and look for attributes
– Dule name or ridiculous names ( who wants to put money into a company that sounds stupid )
– The company is a spin off ( large parent companies do not want them to fail : normally have strong balance sheets to help them be fit to go out and make something )
– Institutions don’t own it and the analyst don’t know about ( ( wallsteet doesn’t keep up with everything )
– A company in a no growth industry: like funerals
– 9 Its got a niche ( rock pit vs movie companies and teslas ) – no competition ( drugs and chemicals company – they cant just copy )
– 10 People have to keep buying the company ( softdrinks, cleaning products not toys ) you want steady business
– 11 Company is a user of technology

5. Stocks to Avoid
– Avoid the hot stocks in the hottest industry ( they go way beyond the indicator of value )
– When the price falls it falls fast
– When an industry is promised to grow like crazy, it promotes competition which then can erase profits

Company Selling 20-50% of its wear to one customer

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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