Value Investing. Where to start?
Hello WSO,
I am a young person (high school) interesting in value investing.
I have some money I’ve saved up from various childhood side hustles (massage therapist, vermin extermination, friendship bracelets, etc.) and I’d like to earn a reasonable return on it (24-25% IRR) for the next ~20 years so that one day I can heal the divide.
I’ve started with the obvious resources:
a. Grant Cardone literature b. Sell side analysis
But I am not sure where to look next.
I am both intellectually curious and intellectually honest.
Can somebody please point me in the right direction!
Top tier shitpost
I exclusively get my financial advice from Tik Tok.
Over the past two years, I have beat Citadel and Berkshire Hathaway. These boomers don't know you need to buy low and sell high.
You could start by 'NFT analysis' by Ben Graham
Hi @chumlord,
Some great ways to start learning about value investing:
- Reading the front-page of WSJ each day! Get a sense of what moves markets, what people care about, etc.
- Read "The Most Important Thing" by Howard Marks
- Training the Street, or other online training programs aren't free. However, they are a wonderful way to understand financial modeling and valuation. Value investing is all about buying something that's at a price lower than its value. You still need to learn how to value something!
Good luck!
Ut veniam eius odit explicabo debitis possimus. Et reiciendis culpa itaque quae et odit enim. Quae sapiente veniam saepe autem.
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