Today, I talk about The First Time I Learned About Valuation, and why it took me 3 to 5 years to learn even one valuation technique. This is Episode 94 in Value Investing 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.

• 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.

In the last couple of weeks, I told you how Hertz Car Rental Company filed for bankruptcy, why their stock was “worthless” according to its own filings, how they planned to sell stock in a disgusting way, and then how the SEC stopped the sale of new stock.

Then I told you about Wirecard stock losing 97% of its value in 8 days.

Then I told you why you need to beware of the massive gambling going on in the stock market.

Over the last several weeks I’ve shown you many things to avoid the craziness in the market right now.

Today, I want to tell you about the first time I ever learned a valuation technique.