Using an Investing Checklist to Improve your Portfolio

#48: Investing expert Brian Feroldi joins Chris to discuss the current market, Brian’s counterintuitive investing philosophy, making an investor checklist, evaluating risk, investor policy statements, understanding market capitalization, creating an exit strategy, asymmetric bets and more.

Brian Feroldi (@BrianFeroldi) is a financial educator, YouTuber, and author of Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing in School, But Weren’t, who has also written more than 3,000 articles on stocks, investing, and personal finance for the Motley Fool. He's been intensely interested in money, personal finance, and investing since he graduated from college and shares his knowledge with the world on Twitter, YouTube, Instagram and Fool.com.

Selected Links From The Episode

Connect with Brian Feroldi: Twitter | YouTube | Instagram | Website | Motley Fool Articles

Order Brian’s Book: Why Does The Stock Market Go Up?: Everything You Should Have Been Taught About Investing in School, But Weren’t

YouTube Video: Brian Feroldi’s Stock Investing Checklist: A Step By Step Guide

Brian’s Investing Checklist: brianferoldi.com/checklist/

Stock Investing Platforms mentioned: Interactive Brokers | M1 Finance

Rhode Island Recommendations: Hemenway’s Restaurant |  Waterfire Providence | Tilted Barn Brewery

Books Referenced:

• Warren Buffet and the Interpretation of Financial Statements: The Search for the Company with  Durable Competitive Advantage by Mary Buffett and David Clark
• The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments by Pat Dorsey
• 100 Baggers: Stocks that Return 100-to-1and How to Find Them by Christopher W. Mayer

Full Show Notes

Timecodes coming soon

Chris welcomes Brian to All The Hacks

Making sense of the current market

How Brian feels about calm and volatile times

Timing the market vs. dollar-cost averaging

How Brian thinks about managing his own portfolio

Evaluating risk

The Investor policy statement

 How to make an investing checklist

Educating yourself on what to look for when finding a company to invest in

Is Brian's investing more passive or wild bets?

Is price even a factor when investing in stocks?

Understanding market capitalization

Exiting positions when the market cap gets too large

Determining your exit strategy and keeping an investment journal

When to double down on your position

Brian’s counterintuitive investing philosophy

What platform does Brian use to trade?

How to evaluate how a stock or company is doing

Online Resources to compare your stock to the rest of the market

Taking on higher risk bets

Researching and finding asymmetrical bets

Is the vetting process for asymmetrical bets

Five stocks that Brian is keeping his eye on

Brian's book recommendations

Brian's contrarian opinion on paying down mortgage fast

"My financial goal is to make my finances unbreakable." Morgan Housel

Brian's local recommendations for Rhode Island

Where to find Brian online

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