IFB89: Reading the Annual Report (10-k) to Understand a Stock




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/FgQnZwQH3U8lsC7sH-qUM3hS_3pbLjepOEwzf8IPv-kXgaX8HuUHMVtP_48VPlRsuX661JB_AJ2gutS0UsOfwifyl_I?loadFrom=DocumentDeeplink&amp;ts=0.27">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew and Dave to decode industry<br> jargon, silence crippling confusion, and help you overcome the emotions by<br> looking at the number, your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/FgQnZwQH3U8lsC7sH-qUM3hS_3pbLjepOEwzf8IPv-kXgaX8HuUHMVtP_48VPlRsuX661JB_AJ2gutS0UsOfwifyl_I?loadFrom=DocumentDeeplink&amp;ts=36.46">00:36</a>                     Welcome<br> to the podcast, this is episode 89. Tonight Andrew and I are going to do a<br> little more of a deep dive into the 10 K, and<br> that’s one of our favorite things to talk about.<br> I know I like to geek out about 10 ks and so does Andrew, so we’re going to<br> talk a little bit more about them. So Andrew, why don’t you go ahead and start<br> us off there. Big Guy.<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/FgQnZwQH3U8lsC7sH-qUM3hS_3pbLjepOEwzf8IPv-kXgaX8HuUHMVtP_48VPlRsuX661JB_AJ2gutS0UsOfwifyl_I?loadFrom=DocumentDeeplink&amp;ts=56.35">00:56</a>                     Yeah,<br> sounds good. So 10 k, another way of saying a company’s annual report, this is<br> the document that every company, every public company is required to file. And<br> this is where you will find all of the information about accompany. We’ve<br> talked about some of the important ratios and some of the important metrics that<br> you’ll find on there, some of the important numbers. So I think today maybe we<br> talk a little bit more about some of the qualitative side. I’ve been reading a<br> lot of 10 k’s lately and have seen some similarities, some, some things that<br> have stuck out and you know, based on some of the previous discussions we’ve had the last couple episodes, you know, on the<br> last episode with Braden.<br> <br> <br> <br> <br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/FgQnZwQH3U8lsC7sH-qUM3hS_3pbLjepOEwzf8IPv-kXgaX8HuUHMVtP_48VPlRsuX661JB_AJ2gutS0UsOfwifyl_I?loadFrom=DocumentDeeplink&amp;ts=102.96">01:42</a>                     Now we’re talking about,<br> trying to find a qualitative factor and how that, how that helps you make a<br> decision on whether you want to buy a stock a talked about kind of this whole<br> idea of buying stocks with products that are either commodity products or a<br> versus maybe one where a product is priced at a premium. Maybe it’s a value add and the<br> differences there.