Aahus Investing

Today’s article is a guest post from Michelle Marki, who is my co-host on the Investing Mastermind Podcast . Michelle is a certified Project Management Professional (PMP) with a Master of Science in Biomedical Informatics, and on her YouTube channel and blog , Michelle seeks to help others achieve financial freedom through the educational lessons she shares from Warren Buffett-style investing and personal finance best practices. I hope you will enjoy this piece she shared about her investing practice. Hey there investing friends, I'm Michelle Marki. Today I’m sharing my investing practice and personal finance habits and routines with you because knowledge is power and maybe you'll get some ideas from some of what I'm sharing that you might want to include in your own routine of how you go about learning about investing. When I’m having my morning coffee and breakfast, I usually like to visit Wall Street Journal at wsj.com and check out the morning headlines across US and W

How does Buffett find outstanding businesses like Apple? This was recently revealed by one of the top managers in Warren Buffett’s company Berkshire Hathaway – Todd Combs. We can be grateful to Todd because now we have greater insights into Buffett’s formula that has given an outstanding return of 20% for over half a century.  Me in front of Warren Buffett's house, July 2022 We’ve known about the Combs and Buffett Saturday afternoon meetings at Buffett’s house in Omaha Nebraska, but we haven’t had insights into what is being discussed in those meetings. That’s what Todd Combs recently revealed at the “Graham & Dodd Annual Breakfast”.  According to Combs the meetings in Buffett’s house often Warren Buffett frequently asks these three questions: How many names in the S&P are going to be 15x earnings in the next 12 months?  How many are going to earn more in five years (using a 90% confidence interval),  How many will compound at 7% (using a 50% confidence interval)?” At time

“Quality stocks are typically super expensive, so I usually don’t buy them because I don’t have that kind of money. But maybe I should think like you, and now that they’re cheaper I should go ahead and buy!”, a young woman suggested while we were talking about investing. I’ve asked followers on Instagram for some input to new blog posts and that has led to some excellent conversations. And it was interesting to hear how my message about buying quality at a low price can be perceived.  Photo by Karolina Grabowska I was glad we had had that conversation because the stock price will not tell you whether a company is quality or not . The stocks that come with a high buy price are not necessarily quality companies, but I can see how people might think that. Because in the “real world” – the world outside the stock market, the quality and price often (not always) are connected. A high-quality leather wallet is often more expensive than a low-quality artificial leather wallet. It’s not always

A lot of people are getting ready for the new year and making New Year’s resolutions. But a study has found that 90% of people don’t continue a new year’s resolution beyond the first couple of weeks. The conclusion of the study was that the ones that failed had no plan and they had no “why”. With my goal setting workshop, you’re more likely to succeed because you must not only find the goal but also ask yourself why you’re committed to achieving these goals. I’ve created a Goal Setting Workshop that you can download for free – read this article first (because there’s some additional information here) and then use the guide when you’re ready for setting the goals. If you talk about it, it's a dream. If you envision it, it's possible. When you schedule it, it's real. Tony Robbins Don’t overthink it – it’s usually your first idea that you should go with – even if the idea seems either like a stretch or too small a goal. Because it’s the likely thing that will drive you and sm

“The most stressful thought I have about not investing in stocks is that I’m missing out” Christal said when we talked about investing. Like so many people Christal knows that she should start investing because it would improve the life for her and the family. She explains that she is in a situation where it’s stressful to think about NOT investing but also stressful to start because she feels that there’s such a high barrier to entry. “I have a feeling that if I started, I would actually be good at investing, but I lack knowledge and basic steps of how I get started”. With so many other things in life, getting started investing in stocks can seem like a high hurdle to jump but once you get over the first hurdle and learn how to do it, it is much easier than a lot of people expect – that’s my experience when I train new investors in my investing training sessions . For example, I help people choose a broker and open a trading account – they make the decision themselves, but I help with

This article is for you if you’re confused; in doubt about investing or having difficulties coping right now in the bear market . These days the market is up one day and down the next. What I experience from some people is a loss of faith in the stock market because stocks are continuing to decline. If you are a beginner value investor and have bought stocks at a margin of safety price but the stock price of your wonderful business is continuing to decline, my advice to you is to review the case you built using your checklist . Read the case, reflect, and review what you wrote. In my experience this will restore faith. An important discipline within value investing is being the devil’s advocate and inverting the case of your wonderful business. In this environment it’s easier to think in “worst case scenarios” – add those scenarios to your notes and reflect on how this company will survive these scenarios. Remember to be realistic – don’t be overly pessimistic just because the market i

Today I have some news to share. I’m so excited and thankful because a new investing podcast is launching today: The Investing Mastermind Podcast is created in collaboration between myself and my friend and business partner Michelle Marki . The idea behind the podcast is to share everything we have learned about value investing from our mentors: Warren Buffett, Guy Spier, Phil Town, Danielle Town and Monish Pabrai. The podcast is created for beginner investors and people who are looking for a proven investing strategy.   Because you’re a reader I will give you the unique opportunity before anyone else to ask questions that you’d like Michelle and I to answer in the show. Please send an email to investingmastermindpodcast@gmail.com   The idea behind the IMP name is the power of the collective mind: the mastermind. When lots of great minds come together our collective knowledge increases and magnificent things happen. The goal is to create an educational show in collaboration with the au

There’s a lot of headlines and talk about recession these days and you might have heard news that we are already in a recession while other experts say we aren’t. In the USA a nonprofit academic panel that has the task of identifying recessions - The National Bureau of Economic Research (NBER) - has not identified that we're in a recession.  Past recessions identified by NBER - click for large image I can’t say whether we’re heading into a recession or something else is coming up, but I can feel that my own patterns have changed recently, and my priorities aren’t the same. This has made me think about what I would do in case we do see further slowdown in the economy. I already know that my investing strategy is just perfect for this type of environment, but there are definitely some extra cautionary steps I would take. Here’s what I would do: 1. Buy Quality Stocks  Behind every stock is a business and I would go for quality businesses. Here's a watch-out though: When some peopl

Here are 5 myths about investing in the stock market explained. The insights in this post will change a traditional view on investing, trading stocks or ETFs and about how the stock market works. Myth #1: The way to forecast if a stock is a good buy is by studying the graph. Behind door number one is one of the most common myths I see today. Many people will look at the stock’s price graph and if it’s been going steadily up over a period, they will buy the stock. The belief is that the past price and upward trend on the graph indicates success and that the stock is likely to continue trailing upwards. But the past doesn’t equal the future and the price of the stock is not equal to value of the business behind the stock.  If you’re currently buying stocks this way, a good way to make a small change is to add in a few steps before you buy the stock: Check the company behind the stock. Is it profitable or reporting a loss? Does the company have debt? And does the management have integrit

You might have heard about the concept of paying yourself first and here you’ll get my step-by-step recipe that can turn your focus from bills and expenses to being able to pay yourself before you pay anything else. Today you might be in a situation where everything you earn is going to expenses and fun. Most people pay their bills first but with this concept you pay your bills last. It’s really a mindset change more than anything else. You want your money to first and foremost go into “cash-flowing asset” and in plain English that means something that is producing cash for you. These are my steps; they don’t work for everyone, and ex. author Robert Kiyosaki would likely not recommend you do it this way because he would rather want you to set a goal on how you could earn more rather than cut anything out. But this is what worked for me and if you would prefer to set a goal like Robert Kiyosaki, jump to step #2 Step #1: Cut Down on Unnecessary Expenses Make a list of everything you buy

The interest rates are increasing and with that so is the interest rate on your debt. Whether it’s mortgage, credit card, car or other types of debt, we could potentially see further increases in the years to come. This means that you want to decide how to pay off your debt as soon as possible so your debt wont snowball. Read this article if you’re trying to save money because the principles will be the same. This is my method and I’ve tested it on myself, and it works! If you’ve been following me for a while, you know that I had a lot of debt when I was in my 20’s. I can’t say I spent the money on something valuable. It was on takeout food and café latte’s, new outfits, handbags and shoes – plus a student loan. At the end of the month, I would have sleepless nights because the credit card bill was due. The new month would start in minus, and I would never plan ahead, so having to buy Christmas presents came at a surprise every year. Haha. Whether or not your debt comes from mindless s