456- Buy Side Weather Matrix
Is there a limit to how much an investor should know about a potential investment?\xa0While it can seem like there\u2019s an infinite amount of relevant considerations for any given business, the ability to discern the difference between important information and extraneous data is an indispensable tool in the investor\u2019s kit.\n\nIf jumping into the deep end of the S&P 500 seems like a daunting proposition, keeping your investing practice focused on a smaller scale can make the process of understanding \u201cthe weather\u201d a much more manageable task.\xa0Keeping the boundaries of your research close to the boundaries of your own circle of competence can go a long way in terms of keeping the process from being overwhelming.\n\nThis week we join Phil and Danielle in a continuation of this series discussing their idea of business meteorology, a topic that has utility for everyone from investing novices to the most seasoned of financial forecasters.\n\nTo get started on your own Weather Matrix, click here for your free copy of The 5 Moats Investment Guide:\xa0https://bit.ly/3Kmb33J\n\nTopics Discussed:\n\nInvesting circle of confidence\n\nIntimidation in the research process\n\nBuffett on taking advantage of the moment\n\nSpotting warning signs\n\nNetflix vs. other streamers\n\n\nResources Discussed:\nThe Weather Matrix (value/understanding)\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices