Baid: Prudent investors must review ten years of annual reports and filings
Gautam Baid · The Joys of COMPOUNDING with Gautam Baid! · Feb 7, 2022 · at 31:49
Gautam Baid, founder of Stellar Wealth Partners and author of 'The Joys of Compounding', explains the core due diligence steps required before taking an equity stake in a business.
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“A prudent investor never purchases ownership in a business without conducting the necessary due diligence. You should study about the company and its competitors, both listed and unlisted from company website, company filings, information on the internet, and you should read the last 10 years annual reports, proxies, notes and schedules to the financial statements, and the management discussion and analysis section, or what we call MDA.”
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