Welcome to the Investing for Beginners podcast. In today’s show, we discuss:

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The top checklist ideas with Simon and Braden from the Canadian Investor.
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Different metrics and items to look for in the financials.
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The importance of knowing what you own, looking for great businesses, and how to value those opportunities.


For more insight like this into investing and stock selection for beginners, visit stockmarketpdf.com

Today’s show is sponsored by:

Lightstream.com/IFB

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Transcript

[00:00:00] Dave: All right, folks. Welcome to Investing for Beginners podcast tonight. We have a very special episode. We have two of our friends from the Canadian investor, the top Canadian investing show, and actually, one of the best-investing shows out there, period, wherever it is in the world.

So we have our friend Braden, who’s been back a few times, and then we also have his partner, Simon Belanger, with us tonight. So they are here to talk to us about investing and share with us some of their wisdom. Hey guys, you want to say hello and tell us a little bit about what’s going on.

[00:00:31] Braden: Dave, thanks for the intro and the kind words on the show. Thanks for having us on; like you said a yeah, me and Simon do host the Canadian investor podcast. It’s everywhere you get your podcasts. We talk about Canadian businesses, US businesses, things we see in the market, and a happy chat tonight.

[00:00:50] Simon: Yeah. Yeah, exactly. Thanks for having us on really excited to be here. Obviously, I’ve listened to your podcast quite a few times, and of course, the times of Braden’s been here excited to be around and talk about some of the things we look at when we look at specific companies.

[00:01:07] Andrew: Thanks for joining us. Why don’t we dig into that?

So you guys recently did an episode that I thought was interesting on investment checklists and checklists are nice for investors. No matter if you’re a beginner or advanced because it can ground you and make sure you’re thinking of the different parts of buying the stock. So can either one of you start with what would be some of the first good ideas for somebody who is trying to build a checklist?

[00:01:35] Simon: Sure, I can start. The first thing I will definitely look at is probably the easiest thing to look at when I find a company. I will look at the market cap. So for those of you who are starting out, the market cap is basically what the value is. So you simply take the number of shares outstanding,