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에피소드 36개
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Stock Picking Insights | Conservative Investing | Audio Support for stockpickinginsights.com Stock Picking Insights
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- 비즈니스
Insights for long-term stock pickers. Make better decisions when faced with the inherent uncertainty of stock picking.
Hi! I’m André. Here’s my investing style:
Fundamental approach
Ten year timeframes or more
Very concentrated, with almost 90% of my invested portfolio in a few individual companies
Low turnover: a median and average of two individual stock trades per year
Circle of competence: consumer brands
Geographies: Europe and US
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036 Investing in Timber vs Buying Pulp Stocks - European Stocks - Portuguese Stock Picks
Written Post: http://stockpickinginsights.com/investing-in-timber-vs-buying-pulp-stocks
00:00 Intro
00:12 Summary
3:00 Investing in timber: oligopoly controls the market
4:58 There is also geographical concentration…
6:43 Final remarks
11:45 Action points
Summary
Portugal is a huge Eucalyptus Globulus producer;
Portuguese timber investors depend on Navigator and Altri;
Pulp makers have other dependencies, like BHKP prices and China.
Action points
Do the companies I own depend on a few customers?
Do the commodities I own really protect me against inflation?
Am I blindly expecting land to protect me against inflation? If so, will it really?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
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035 Altri Production Costs Overview - European Stocks - Portuguese Stock Picks
Written Post: http://stockpickinginsights.com/altri-production-costs-overview
0:00 Intro
0:17 Summary
3:30 Altri production costs
7:54 Summing it up
9:05 Action points
Summary
Altri produces mainly BHKP, most of which BEKP;
Altri’s operational costs are ~500€/ton;
Its operational efficiency gains are getting more and more limited.
Action points
Is the product that my companies make a commodity?
What’s the production cost of the commodity producers in my portfolio?
Are gains from operational efficiencies being exhausted, slowing/eliminating future gains?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
Facebook: https://fb.com/stockpickinginsights
Twitter: https://twitter.com/stockpinsights
Instagram: https://www.instagram.com/stockpickinginsights
#podcast #stockpicking #stocks #business #investingtips #investingstrategy #investing #fundamentalanalysis #stockmarket #stocks #stockmarkettips #stockinvesting #pod #podcasts #businesspodcast #investingpodcast #youtube #spotify #conservativeinvesting #fintwit #stockpicks -
034 Inditex Shipping and Returns Analysis - Inditex Stock Analysis - European Stocks
Written Post: http://stockpickinginsights.com/inditex-shipping-and-returns-analysis
00:00 Intro
00:10 Summary
03:15 Inditex shipping and returns: Europe
07:34 Inditex shipping and returns: United Kingdom (UK)
12:30 Inditex shipping and returns: United States (US)
15:16 To sum it up
18:19 Action points
Summary
Inditex (Zara) ships the fastest, and is the most flexible when it comes to returns;
Nike has free shipping and return, supported by the price premium of its great brand;
Boohoo competes well in its home country (UK) with its subscription service;
H&M is similar to Zara, Uniqlo isn’t competitive and Shein is the typical low-cost retailer.
Action points
Are shipments and returns important for the companies in my portfolio? If yes,do the companies I own have defensible shipment/return competitive advantages?
are they globally competitive, or only in their home country?
are they offering differentiated services like same-day delivery, subscriptions or point schemes?
What’s the impact of shipments and returns in my company’s margins?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
Facebook: https://fb.com/stockpickinginsights
Twitter: https://twitter.com/stockpinsights
Instagram: https://www.instagram.com/stockpickinginsights
#podcast #stockpicking #stocks #business #investingtips #investingstrategy #investing #fundamentalanalysis #stockmarket #stocks #stockmarkettips #stockinvesting #pod #podcasts #businesspodcast #investingpodcast #youtube #spotify #conservativeinvesting #fintwit #stockpicks -
033 Inditex Store Profitability per store, per m² - Inditex Stock Analysis - European Stocks
Written Post: http://stockpickinginsights.com/inditex-store-profitability-per-store-per-m²
0:00 Intro
0:14 Summary
1:22 Inditex store profitability on a per store basis
3:31 Inditex store profitability on a per m² basis
5:51 Inditex profitability per concept, per m²
7:37 Action points
Summary
Inditex has an EBIT/store of 450k€, compared to H&M’s 275k€/store;
Their revenue hovers around 5000€/m² of selling area, EBIT is 900€/m² and Net Income is 700€/m²;
Zara’s physical profitability is healthy and it is the main Inditex brand to monitor.
Action points
What’s the revenue per m² of space for the companies I hold with physical presence?
Is Zara working on further strengthening its brand?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
Facebook: https://fb.com/stockpickinginsights
Twitter: https://twitter.com/stockpinsights
Instagram: https://www.instagram.com/stockpickinginsights
#podcast #stockpicking #stocks #business #investingtips #investingstrategy #investing #fundamentalanalysis #stockmarket #stocks #stockmarkettips #stockinvesting #pod #podcasts #businesspodcast #investingpodcast #youtube #spotify #conservativeinvesting #fintwit #stockpicks -
032 Inditex Expansion of Physical Stores - Conservative, concentrated stock picking podcast
Written Post: http://stockpickinginsights.com/inditex-expansion-of-physical-stores
0:00 Intro
0:14 Summary
4:10 Inditex expansion by physical store count
8:29 Action points
Summary
Stores play a logistics and advertising role today, being an important chess piece;
There’s 94k potential store openings worldwide, with emphasis on China and U.S.;
Inditex expansion potential is high because the fashion retail market is highly fragmented.
Action points
Do physical stores play a role in the companies I own, or are they liabilities?
What’s the physical expansion potential of the companies I own?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
Facebook: https://fb.com/stockpickinginsights
Twitter: https://twitter.com/stockpinsights
Instagram: https://www.instagram.com/stockpickinginsights
#podcast #stockpicking #stocks #business #investingtips #investingstrategy #investing #fundamentalanalysis #stockmarket #stocks #stockmarkettips #stockinvesting #pod #podcasts #businesspodcast #investingpodcast #youtube #spotify #conservativeinvesting #fintwit #stockpicks -
031 Investing is a zero sum, selfish game - Conservative, concentrated stock picking podcast
Written Post: http://stockpickinginsights.com/investing-is-a-zero-sum-selfish-game
0:00 Intro
0:18 Summary
2:15 Passive ownership = zero-sum
4:48 Action points
Summary
The company you own produces new goods and services, so it isn’t a zero-sum case;
Passive ownership is useless to everyone but yourself;
Entrepreneurship is a direct contribution to the world, unlike stock picking.
Action points
Do I care about contributing to the evolution of humanity?
Are the companies that I own focused on producing goods and services?
Spotify: https://open.spotify.com/show/2uFjecBDw6KDEYA6Zbk7ah?si=aOPLtnfPRnuhdaEF_eMeZw&nd=1
Website: http://stockpickinginsights.com/
Facebook: https://fb.com/stockpickinginsights
Twitter: https://twitter.com/stockpinsights
Instagram: https://www.instagram.com/stockpickinginsights
#podcast #stockpicking #stocks #business #investingtips #investingstrategy #investing #fundamentalanalysis #stockmarket #stocks #stockmarkettips #stockinvesting #pod #podcasts #businesspodcast #investingpodcast #youtube #spotify #conservativeinvesting #fintwit #stockpicks