Fundamental Analysis

Module 01

Intro to FA

Price vs. Value. Understand why the market is emotional in the short run but rational in the long run.

15 min read

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Module 02

The EIC Framework

Master the top-down approach: Economic, Industry, and Company analysis to find the best opportunities.

12 min read

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Module 03

Qualitative Factors

Analyze "The Story"—Management integrity, economic moats, business models, and corporate governance.

10 min read

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Module 04

The Annual Report

How to efficiently read an Annual Report and extract gold from the CEO's letter and the footnotes.

15 min read

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Module 05

The Balance Sheet

Deep dive into Assets, Liabilities, and Equity. Learn to judge if a company is financially robust.

15 min read

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Module 06

The Income Statement

Understanding Revenue, EBITDA, and PAT. Learn how to track growth over multiple cycles.

12 min read

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Module 07

Cash Flow Statement

Profit is an opinion, but cash is a fact. Learn to distinguish between accounting profit and real cash.

12 min read

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Module 08

Profitability Ratios

Master ROE, ROCE, and Net Profit Margins to understand how efficiently a company uses its capital.

10 min read

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Module 09

Liquidity Ratios

Analyze safety. Learn about Current Ratio, Quick Ratio, and Debt-to-Equity to avoid bankruptcy traps.

10 min read

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Module 10

Valuation Ratios

The final step: P/E, P/B, and EV/EBITDA. Learn how to tell if a good company is a good investment at today's price.

15 min read

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