In this episode, we share a brief case study on Hertz “Worthless” Stock. This is episode 88 of Value Investing in your Car.
I’m curious about everything so this leads to a range of reading and learning outside of value investing, finance, and investing.
In these Value Investing In Your Car episodes, we talk about some of these things and much more to help you become a better value investor faster.
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- What mental models I use
- When does value investing work best
- Where it works
- What book reviews I have from everything I learn from
- What is the most important thing I learned in 2017
- How to learn faster
- What are the 4 most useless investing metrics
- If I could only use 3 investing metrics, what would they be
- And much more…
Things have gotten a bit nuts in the market in recent months.
From huge thousands of points swings up and down.
To mass unemployment worldwide.
To horrific economic data.
The coronavirus is wreaking havoc on the world.
Today, I want to focus on an individual company affected by the coronavirus and subsequent lockdowns.
In Value Investing In Your Car Episode 88, today we talk about Hertz Car Rental Company’s wild ride into bankruptcy in the last few weeks. And it’s worthless stock.
Let’s get to it
In this 26 – minute video I talked about the following things:
- Why Hertz went into bankruptcy
- What it tried to do to avoid bankruptcy
- How it’s getting ready to rip a lot of new stock investors off
- Why it’s burning through so much cash
- What’s likely to happen during its bankruptcy
- Why Hertz stock is worthless
- And more…
What did you think about the video above? Let me know in the comments below.
Here are the sources I mentioned in the video above:
- Hertz Files For Bankruptcy via CNN Business
- Hertz Stock Doubles To Erase All Post Bankruptcy Losses via Marketwatch
- HertzFiles To Sell Up To $500 Million In Stock With Warning They Could Be Worthless
If you want to learn from the other episodes in this series, you can watch the entire playlist on YouTube here.
And remember, you can now also listen to these episodes as a podcast by going to the following places:
The podcast is now available on all major podcasting platforms on both Apple and Android.
If you want to watch our other Value Investing In Your Car Episodes you can do that by clicking here.
P.P.S. And if you want to get the preliminary analysis checklist that allowed me to research 3,943 stocks in 73 countries in only 40 days click here.