Value Investing In Your Car Episode 32: The Ultimate Goal When Valuing Any Investment

I’m curious about everything so this leads to a wide 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.

• Mental models
• When does value investing work best
• Where it works
• You get book reviews from everything I learn from
• I talk about the most important thing I learned in 2017
• How to learn faster
• The 4 most USELESS investing metrics
• If I could only use 3 investing metrics, what would they be
• And much more…

If you want to learn from the other episodes in this series, you can watch the entire playlist here.

Today, I talk about something I often forget that will help keep your ultimate goals in mind when analyzing any investment…

The ultimate goal when valuing any investment.

The Ultimate Goal When Valuing Any Investment

The above quote from Charlie Munger is a huge guiding principle on bringing clarity to your investment decision…

Here is my #1 tip for doing the same thing when you bogged down in the minutia of analyzing a business.

In the 12-minute video above, I tell you several reasons why it’s important to remember the ultimate goal when valuing any business.

Some of the things I talk about in the video are:

• Why we get bogged down when evaluating businesses
• How I refocus using this tip and how you can too
• How this one tip can help you get back on track and thinking about the bigger picture
• Why this is so important
• Why it’s hard for many of us to get out of the minutia when analyzing an investment
• And more…

Did I miss something? What do you think of this tip? What is your process for not getting bogged down when analyzing a business? Let me know in the comments below.

P.S. Go here to get 5 free gifts that will help you become an excellent value investor faster.

P.P.S. Another Masterclass student signed up and we started our live training and Q&A sessions last week. If you want to become a better value investor fast, make sure to check out our Value Investing Journey Masterclass. The special offer, available to only 6 more people, is five (5) FREE one on one training sessions with me. Plus you’ll get more than $2000 in value, courses, and other resources just for signing up to the Masterclass.