Value Investing Explained in 5 Levels of Difficulty | Onlyinvesting.info



In this video, I’m going to explain how value investing works in 5 levels of increasing complexity. We’ll be starting with the most basic explanation, but as we get further into the video, it will get more detailed. Why would you want to spend 20 minutes of your life on a subject like value investing? Because it’s probably the most reliable and proven investment philosophy out there. For almost a century, it has created great fortunes for investors such as Benjamin Graham, Walter Schloss, Charlie Munger, William Ruane, Joel Greenblatt, and of course, Warren Buffett. I have even used it myself to beat the market by about 200 percentage points over a decade.

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00:00 Intro
00:28 Level 1: Noob
02:25 Level 2: Novice
06:02 Level 3: Average
09:59 Level 4: Advanced
14:57 Level 5: Expert

Disclosure: I currently own shares in Kindred myself which I purchased for SEK 101 per share. I may not continue to hold on to this company’s shares in the future, especially if the price rises far beyond that level.

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett – the greatest investor of our time – says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

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50 thoughts on “Value Investing Explained in 5 Levels of Difficulty | Onlyinvesting.info”
  1. Question: In 5:40 it's stated that Tom is perfectly happy if noone buys his Pepsi stock because he collects the cashflows. What cashflows? If I have a company stock I don't get anything from its earnings. So my only hope for some gains is to sell the stock for higher price. What am I missing here?

  2. High level value investor here: A very good video, and I agree with everything that has been said, BUT value investing goes much much further than this. I'd categorise everything here as intermediate or lower. I'd argue that the 'advanced' and 'expert' levels arise when the investor starts evaluating the currencies and economies that overlay/underpin specific investments.

  3. sadly, you can't value invest without trading.
    because the prices are speculative. so are share buybacks. companies are lead by CEOs that want their share price to go high to dump. which leads to fucked up things.

  4. Very good. Although I'd say that DCF analysis has two advantages. The process of constructing the model leads to a better understanding of what drives the profits and cash flows. And the results provide an additional tool for sorting through or ranking the best opportunities.

  5. Wow, this is an excellent video! I like how you applied the 5 levels concept to value investing. I also like the train ride presentation. I appreciate your explanations and illustrations. It was all very helpful, particularly the types of margin of safety. I also like the analogy of bidding on USD vs INR. I love the LOTR clip! Thank you for this.

  6. i will not agree with nft statement. nft can be everything. imagine you bought micky mouse for $20million and everytime someones pay to watch movie with micky, you get paid as a owner of rights. now imagine there are 10nfts and everyone have 10% of micky mouse. all 10 get paid for their nft. educate man. it will not be gone

  7. Hey i have a question. I often here value investors say. By a stock that is undervalued and then sell once the stock reaches fair value! That part i understand as it make sense. However if you always sell once the stock reaches fair value. How do you ever hold onto a multi bagger if your always selling at fair value? What about the buy and hold strategy?

  8. From the graph 00:54 Buffett and Greenblat made 34% during the same time. Also, Buffett's graph is better than anyone else's if compared during their time of investments.

  9. I dislike the analogy of simply discounting the risk of rupee by a margin of safety and regard it as an attractive investment. It simply ignore some rudimentary rules for sensible investing. The thing is India is an exotic market, from which few have any experience. The rule of thumb is that when things are out of our circle of competence, it is against our human nature to understand the intrinsic value it possessed. In addition, even you possess what it claimed to be of equivalent worth of the value to say USD1000, there is still constraints on how to exercise the intrinsic value of the money. For instance, you live in US, do you expect people accept it as payment currency for grocery? Great discount to buy asset worth on paper more as intrinsic value does not necessarily translate into great investment, as we often have different views of the intrinsic value given other factors.

  10. The problem with "You don't need to actually do a DCF, because it's too close to call if it isn't obvious." is that people new to investing probably don't have an internal metric or gut feeling.

    Do the DCF until you don't need to anymore.

  11. If have 3 big collections buyt for 670 250 150 220 50 bezine euro stamps i have buyt for 1670 euro clocks, buyt for 25.000 coins. Everything is more worth today.

  12. I don't think value investing really works without privilege information, if you're not an 'insider' you know what every one knows.

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