Fundamental Analysis of Stocks Tutorials
This series teaches investing as a discipline rooted in wisdom, curiosity, and careful analysis. It guides learners from beginner to intermediate levels through the step-by-step process of understanding businesses, interpreting financial statements, evaluating growth, and assessing management quality. Using real-world examples, historical context, and clear explanations, the series helps investors connect fundamentals to valuation, recognize risks, and develop a repeatable workflow for making thoughtful, long-term decisions. Each tutorial blends financial principles, behavioral insights, and practical exercises, empowering learners to analyze companies confidently, avoid common pitfalls, and build enduring investment skills without chasing tips or shortcuts.
Showing 1 to 10 of 16 tutorials (Page 1 of 2)
The Investor’s Mindset—Why Thinking Like a Business Owner Beats Trading Stocks - Fundamental Analysis Series
Most investing mistakes begin not with bad math, but with a flawed perspective. Sustainable investing success comes from thinking like a business owner—someone who buys a productive asset—rather than a stock trader, who bets on price movements. In this tutorial, you’ll discover how anchoring decisions on intrinsic value and long-term compounding leads to calmer, more rational outcomes, while short-term speculation often amplifies risk and emotion. Through clear metaphors and real-world logic, we’ll build the philosophical foundation for everything that follows in this series. By the end, you’ll see investing not as a game of prediction, but as a disciplined process of ownership.
Introduction to Fundamental Analysis: Understanding What a Business Is Worth and Why It Matters - Fundamental Analysis Series
Fundamental analysis is the art and science of understanding a business from the inside out, rather than reacting to short-term market movements. This tutorial introduces fundamental analysis exploring how investors evaluate companies through business models, financial statements, growth prospects, management quality, and valuation, while setting realistic expectations about time horizons and uncertainty. We also explain how fundamental analysis differs from technical analysis and behavioral finance, and how all three can be combined thoughtfully. Through practical examples , learners discover how the ownership mindset transforms investing from speculation into a disciplined, long-term practice.
The Language of Finance: How to Read Financial Statements and Understand a Business’s True Story - Fundamental Analysis Series
Financial statements are the most reliable window into a business's true operations, moving you beyond headlines and stock prices. This tutorial explains the three core documents—the Income Statement, Balance Sheet, and Cash Flow Statement—in clear, practical terms. You'll learn what each reveals, how they connect, and how to spot the real story they tell together. Through a single, unified example, you'll see how profits, assets, and cash interact. By the end, financial statements will feel less like intimidating spreadsheets and more like a coherent biography of a business you can understand and analyze.
Financial Health Check: Understanding Liquidity, Solvency, and Leverage - Fundamental Analysis Series
A profitable company can still fail if it cannot survive financial stress. This tutorial explains how to assess a company’s financial health using the critical lenses of liquidity, solvency, and leverage. You’ll learn to read balance sheets with a focus on resilience, not just growth, and understand if a business can pay its bills today and endure downturns for years to come. Through clear explanations and concrete stories, we focus on what real financial strength looks like. By the end, you’ll be able to distinguish between a company that’s merely successful in good times and one that’s truly built to last.
The Engine of Profit: How Margins and Return Metrics Reveal the True Quality of a Business - Fundamental Analysis Series
This tutorial explores how businesses transform revenue and capital into real economic value, showing why efficiency matters more than raw profit size. We unpack profit margins and return metrics as tools for understanding the quality and discipline of a business model, not as abstract ratios to memorize. Through intuitive examples, you’ll learn why Return on Invested Capital (ROIC) is the ultimate test of long-term value creation. The goal is clarity, not precision—to see how well a business rewards the capital entrusted to it. By the end, you’ll understand why two equally "profitable" companies can represent vastly different economic realities for an owner.
Cash Is King: Mastering Cash Flow Analysis and Assessing the Quality of Earnings - Fundamental Analysis
This tutorial explores why cash is the ultimate test of a business’s health and durability. We break down the three types of cash flow—Operating, Investing, and Financing—and introduce Free Cash Flow as the central measure of a company’s ability to thrive. Through practical examples and intuitive mental models, you'll learn to assess the quality of earnings and see how accounting can distort reported profits. By connecting cash flow to everything you’ve learned, you’ll be able to identify the resilient, cash-generating businesses that are built to compound value for decades.
The Growth Imperative: Sustainable vs. Speculative Growth - Fundamental Analysis Series
Growth is celebrated in the investing world, but not all growth is created equal. This tutorial explores the difference between sustainable growth, which creates lasting value, and speculative growth, which can be risky and fleeting. We examine the drivers of growth such as reinvestment, cash generation, and return on invested capital, while highlighting red flags like debt-fueled expansion and aggressive accounting assumptions. Through practical examples and historical perspective, readers will learn how to evaluate whether a company’s growth can truly compound wealth over the long term.
The Competitive Landscape: Industry Analysis & Economic Moats - Fundamental Analysis Series
This tutorial explores how a company’s position within its industry determines its ability to earn and protect profits for decades. You will learn to evaluate industry structure, identify durable competitive advantages (economic moats), and connect these qualitative strengths to financial results like pricing power, stable margins, and high ROIC. Through clear mental models and practical examples, you’ll gain a framework to distinguish businesses that are merely successful today from those that are defensibly profitable for the long haul. The goal is to move beyond numbers and see the structural foundations of enduring value.
The Human Factor in Investing: Evaluating Management, Capital Allocation, and Governance for Long-Term Wealth Creation - Fundamental Analysis
Understanding a company’s competitive advantages is only part of the investing journey. This tutorial explores the human factor: how management quality, capital allocation decisions, and governance structures shape long-term shareholder value. Readers will learn frameworks for assessing executives’ strategic clarity, execution skill, and adaptability, as well as practical insights into evaluating reinvestment, dividends, share buybacks, and acquisitions. Real-world examples illustrate both successful and disastrous decisions, reinforcing how disciplined leadership amplifies competitive moats and drives sustainable growth.
Valuation 101: Price, Value, and Relative Metrics - Fundamental Analysis Series
Valuation is the final bridge between understanding a business and making an investment decision. This tutorial moves beyond simple formulas to explore valuation as a practical judgment. You will learn the critical distinction between price and value, master how to interpret common metrics like P/E and P/FCF in context, and understand why a company's growth, ROIC, and management quality dictate what it deserves to trade for. By the end, you'll have a repeatable framework to assess whether a market price reflects optimism, pessimism, or reasonable expectations, turning abstract multiples into a tool for confident decision-making.