🚨 [Investment Bible Special] A collection of masterpieces that update the "Investment Bible" with modern primary information!
Hello, Kato-chan here.
When you start investing in US stocks, you are almost always recommended historical masterpieces known as "investment bibles." You have probably picked one up at least once, haven't you?
However, as someone who reads the cash flow of primary information like 10-Ks and 10-Qs directly on a daily basis, I feel a strong sense of crisis about "applying these masterpieces written with rules from decades ago directly to the modern market."
This is because the modern stock market operates on a structure completely different from past rules, such as share buybacks and massive investments in AI infrastructure.
So, this time, I have compiled the "Update Series on Past Masterpieces" and the "Practical Guide to Modern Optimal Solutions," which have received a great response on this note, into a single article.
If there are articles you haven't read yet, or if you want to review the theory once more, please bookmark (save) this page and read through them in order. Your investment brain should be completely awakened to "modern specifications"!
Part 1: Reconstructing Past Masterpieces with "Modern Financial Data"
First, here is a trilogy that points out the "expired" parts of the three major bibles everyone knows, updated through the filter of modern primary information.
① Updating Siegel's Theory
👉 [🚨 (Modern Version: How to Create Siegel's Theory) The true nature of the "discomfort" I felt with the investment bible.]
[Highlights] The high-dividend reinvestment strategy discussed in "The Future for Investors." However, today's leaders do not pay dividends. Why "share buybacks" instead of "dividends" now? I provide a completely new perspective for applying Dr. Siegel's theory to modern technology companies.
② Updating Malkiel's Theory
👉 [🚨 The true power of "fundamental analysis" that "A Random Walk Down Wall Street" discarded.]
[Highlights] A masterpiece that left the strong message that "you only need to do index investing." However, I prove that it is precisely within the fundamental analysis they discarded that the "true power" to detect dramatic changes in companies from modern 10-Qs (quarterly reports) and outperform the market is hidden.
③ Updating Graham's Theory
👉 [🚨 (Benjamin Graham's "The Intelligent Investor") The 3rd installment of updating past masterpieces!]
[Highlights] Value investing advocated by Buffett's mentor. However, modern corporate value centered on "intangible assets (software and AI)" cannot be measured by old-fashioned PBR or PER. I explain how to measure the "intrinsic value" that modern intelligent investors should really be looking at.
Part 2: "Updating Practice and Thinking" to Escape the Matrix
Once you have updated the theory to the modern version, the next step is practice. Here are two powerful articles to destroy the traps (matrix) that Japanese investors tend to fall into and to create cash flow with your own hands.
④ Breaking away from tool dependency
👉 [🚨 Are you just 'pretending to understand' with the Japan Company Handbook? 'True Corporate Analysis' that awakens you from the matrix]
[Highlights]The US Company Handbook is merely a 'catalog.' We reveal the 'royal road 3-step' process to break free from the state of thinking you understand based on secondary information processed by others: stripping down the foundation with 10-K (annual) reports and capturing the latest changes with 10-Q (quarterly) reports.
⑤ Complete break from the income gain faith
👉 [🚨 Don't 'wait' for dividends, 'create them yourself': The alchemy of 'homemade dividends' to maximize asset longevity]
[Highlights]Completely shattering the psychological trap of investors who 'want cash without reducing their stock holdings.' We expose the cruel truth that 'dividends = forced principal liquidation + 20% tax loss' and present the modern optimal solution: 'homemade dividends,' where you sell off portions of growth stocks that continue to rise in value.
Conclusion: The strength to access primary information and think for yourself
How was it?
I am not denying the great investment bibles of the past. The investment 'philosophy' they left behind remains timeless. However, specific 'tactics' and 'points of focus' must evolve with the times.
Let today be the day you stop being swayed by the pleasant-sounding secondary information and outdated common sense that overflows in the world.
Once you read these articles, take the 'red pill,' and learn the power of primary information, you should never be able to return to the shallow world you were in before.
From here on out, this note will continue to broadcast the 'real state of companies' and 'market truths' deciphered from 10-K and 10-Q reports.
I hope this article serves as a hint to fundamentally strengthen your investment strategy. Please be sure to 'like' each article and follow my account!
Everything for the reader!!!
(Disclaimer: This text is for informational purposes only and does not constitute solicitation for specific stocks, investment advice, or a guarantee of the completeness of financial analysis. Investing involves risk. Please always make final investment decisions at your own responsibility.)
#USStocks #USStockInvestment #StockInvestment #CorporateAnalysis #FinancialAnalysis #CashFlow #10K #10Q #InvestmentBooks #FundamentalAnalysis #noteMoney
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