Skip to content

Archive

Category: Invest Like a Guru by Charlie Tian

Growth

Margin & Competition

The first symptom to look for when selecting stocks is… A histogram provided in 2016 in the United States shows the distribution of 12-month operational margins for 3577 […]

May 21, 2024 Basic
ROIC

ROIC & Competition

ROIC (Return on Invested Capital) is the most effective metric for evaluating a company’s competitiveness and for selecting investments. Business is such that high-profit margins are not necessarily […]

May 21, 2024
Market Efficiency

Cyclicals

Why Should We Avoid Investing in “Cyclicals” (As Peter Lynch Calls Them) and How to Identify Such Companies? The graph below presents two companies. As you can see, […]

May 21, 2024