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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…