IFB121: Analyzing the Growth of a Stock Pt. 1

Announcer:                        00:00                     You’re
tuned in to the Investing for Beginners podcast. Finally, step by step premium
investment guidance for beginners led by Andrew Sather and Dave Ahern to decode
industry jargon, silence crippling confusion and help you overcome emotions by
looking at the numbers, your path to financial freedom starts now.



Dave:                                    00:35                     All
right folks, we’ll walk up to Investing for Beginners podcast. This is episode
121 tonight. Andrew and I are going to talk about Benjamin Graham and growth.
Andrew has been on a bit of a Ben Graham kick lately. He’s been writing some
great blog posts about some of the stuff that he’s been discovered in the
intelligent investor as well as security analysis, and we thought this would be
a perfect time for us to talk a little bit about growth and Ben Graham, we
teased this a little bit a few weeks ago and tonight is the night, so Andrew,
why don’t you go ahead and start us off and we can have our little
conversation.



Andrew:                              01:08                     Yeah,
thanks, Dave. I think it’s always a good idea once you are established and you
have a good base of knowledge when it comes to investing, and I think it’s good
to reread stuff because now that you have a new context, you have a greater
understanding. You can pick up things I didn’t pick up the first time. So you
know, a few select books, whether that’s Benjamin Graham, obviously a huge,
he’s an investing legend. Not only was he Warren Buffett’s mentor he taught
Warren Buffett at Columbia. He also had his investment funds, and we return 17%
per year. Quite a nicest performance. And I think it was over like 30 years. So
not only was he a great teacher, but he also walked the walk and made some
fantastic returns. And so his books his most popular one, the intelligent
investor, that one’s probably one of the best selling investment books of all
time.



Andrew:                              02:08                &...