Summary: Something we wanted to understand through this podcast is how expert investors find, evaluate and make decisions on stocks. End-to-end, what is their process? Andrew Brown, Executive Director of East 72 Holdings and first repeat podcast guest, agreed to spend some time walking through his process for a company he recently invested in. If you want to understand how expert investors think and understand what they look for, then this episode is for you. [If you haven’t listened to Part 1 of our interview with Andrew Brown (episode 52 here), we’d suggest checking that out first] In this episode you will learn: How Andrew identified Cabcharge as a potential investment. Andrew’s research process to study the company. Why Andrew drove Uber for 3 months, and what he discovered. How Andrew identified and valued ‘non-core’ assets the business owned. The questions Andrew took to the Cabcharge auditor at their Annual General Meeting. How Andrew then looked at Cabcharge’s balance sheet and valued the business. What happened with Cabcharge between our first interview and now. Andrew’s approach to managing his investments and staying on top of information once he’s made a trade. Stocks and Resources Discussed: Cabcharge (ASX: CAB)
