453- The Weather- Numbers Almost Enough
Following up on last week\u2019s discussion about the \u201cweather\u201d of a business, or how the climate of various internal and external factors can influence the long-term success of your prospective investment.\xa0With so much data available at our fingertip, how can we know what information is useful for research and what can safely be left out of our analyses?\n\nWhether you\u2019re looking into a company\u2019s direct competitors or doing a bird\u2019s eye view of a whole market sector, knowing when to go deeper vs when to stop digging is an incredibly useful skill to have in the world of 21st century global finance.\xa0For the value investor, the ability to reliably ascertain the value of a business is crucial for finding the right moment for a good deal.\n\nListen in this week as Phil and Danielle ponder the age old question of \u201cwhat is enough?\u201d\xa0When it comes to your investments, where is the magic line between being adequately informed and wasting your time?\n\nFor a better understanding of a business\u2019s future success, click here to get your free copy of The 5 Moats Investment Guide:\xa0https://bit.ly/3Kmb33J\n\nTopics Discussed:\n\nBeing paralyzed by the research process\n\nNetflix growth issues\n\nEvaluating a business\u2019s moat\n\nInstinct in the investing process\n\nChange vs stability\n\n\nResources Discussed:\nInvested\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices