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Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: In this lesson, we evaluated the cash flow statement of Walmart, Sears, Intel, and Kodak. The lesson provides good and bad
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There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. The arrival of online trading, along with instantaneous dissemination of news, have leveled the playing—or should we say trading—field. The easy-to-use trading apps and 0% commissions
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Deferred revenue is payment received from a customer before a product or service has been delivered; however, the payment is not yet counted as revenue. Deferred revenue, which is also referred to as unearned revenue, is listed as a liability on the balance sheet because, under accrual accounting, the revenue recognition process has not been completed.  Key Takeaways Deferred
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The sports betting industry rakes in hundreds of millions of dollars each year, thanks to a loophole in the law against gambling. While there are several different fantasy sports sites out there, two startups have capitalized on the growing number of sports fans looking for a quick and easy way to get involved with fantasy
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Amid mounting healthcare expenses, policymakers often face legislative proposals to save on healthcare costs, as they are with the proposed Inflation Reduction Act of 2022. Historically, these recommendations have ranged from targeted and incremental measures to major restructuring such as to a single-payer system, or a “Medicare for all.” In the most recent proposed federal
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Revenue generated from drug production by U.S. pharmaceutical companies both domestically and abroad is growing substantially, in part because of repetitive price increases. Drug companies pricing is relatively unregulated and they can often raise drug prices beyond inflation rates. This allows the drug companies to increase their revenues continually, even if the demand for one
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Investors looking for new stocks to buy have limited options this year, with the U.S. markets on track for their slowest year of initial public offerings since 2009. What’s more, the Renaissance IPO ETF (NYSEARCA:IPO) is down 38% year to date, significantly more than the broader market. But, as anyone investing in recently debuted stocks
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The best silver stocks are top-of-mind currently. That’s because commodity classes, especially metals like silver and gold, are considered safe havens in times of economic turmoil. Investors consider precious metals as stores of value that are more reliable than fiat currencies. This is particularly true when inflation spirals out of control, as is currently the
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The best investors know how to identify winners and fill their portfolios with equities that have the best potential for returns. And at the same time, they know which stocks to avoid. Identifying red flags that make a once-promising name a likely loser is a skill that any investor needs to cultivate. That’s why the
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The lithium craze has reached new heights, with prices for the element skyrocketing more than 400% in the past couple of years. Electric vehicle (EV) sales are on an upswing, and investors have flocked to companies that produce them as their investment of choice. Lithium batteries are critical for the proliferation of EVs, which is
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Austerity, a word that characterizes severity or sternness, is used in economics to refer to austerity measures. These are economic policies implemented by a government to reduce public-sector debt, by significantly curtailing government spending, particularly when a nation is in jeopardy of defaulting on its bonds. Key Takeaways Austerity measures refer to economic policies implemented
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Virtually everyone has suffered a loss at one time or another from either a casualty disturbance of some sort, which can be covered by casualty insurance, or outright theft. Tornadoes, earthquakes, fires, hurricanes, and other natural disasters cost both taxpayers and insurance companies billions of dollars in losses each year. Thefts—particularly car theft and burglaries
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