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Are we Slaves to Money?
Are we slaves to money? When money makes the world go round, its difficult not to think about it. It puts food on the table, a shirt on our backs and a roof…
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The Truth about Earnings Season – Expectations vs Reality
Earnings season on the ASX is in full swing. We are one month in and company reports are flooding in. It’s now the beginning of March and we can truly say we are…
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If Market Timing Were Possible We Would All Be Rich
If market timing were possible, wouldn’t we all be rich? If everybody were to be able to market time efficiently how will investors make money? The stock market by definition is a zero-sum…
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Stock market portfolio diversification. Are you doing it wrong?
Are you diversifying your stock market portfolio all wrong? Diversification in theory provides a safety from your entire portfolio losing its value at the same time. You can think of it as not…
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Value a business like a professional investment banker
“In investing you get what you don’t pay for” -John C. Bogle- The stock market is giant distraction from the business of investing. It’s amusing to see daily price fluctuations of stock prices.…
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How to Value a Business on the Stock Market
“Whenever you invest in a company, you’re looking for its market cap to rise.” -Peter Lynch- How do you value a business on the stock market? Investing in the stock market is tricky,…
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Interpreting Financial Statements – Cash Flow Statement
“No matter whether a company makes telecom equipment, cars, or candy, it’s still the same question: How much cash do we get and when?” -Charlie Munger- There is a huge difference between a…
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Interpreting Financial Statements – Balance Sheet
“Cash, is to a business as oxygen is to an individual: never thought about when it is present, the only thing in mind when it is absent” -Warren Buffett- Welcome to Part 2…
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Part 1: Interpreting Financial Statements – Income Statement
“It’s the language of business and it’s an imperfect language” -Warren Buffett- Welcome to part 1 where we will be interpreting income statements. Every investment requires some basic level of accounting scrutiny. What…
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Welcome to Incognito Wealth
Incognito Wealth is your average little guy trying to reach financial independence one investment at the time. I’ve owned a small business for 2.5 years while working a normal job and during that…