MI321: Uncovering Stocks Like A Pro w/ Stephen Clapham

Kyle Grieve chats with Stephen Clapham about how to use “laterals” to leverage your circle of competence and find great ideas, simple ways to test your investment hypothesis, methods to reduce your exposure to investing frauds, the importance of investing in businesses with properly incentivized management, why you should pay close attention to the value a business's debt, the role that stock charts can play in a fundamental investors toolbox, the power of simplicity in valuation, and a whole lot more! IN THIS EPISODE, YOU’LL LEARN 00:00 - Intro 01:54 - How to detect frauds. 04:55 - How to find interesting ideas in different geographies. 11:31 - How to utilize your friends as an investing filter. 17:42 - How charts can help you identify great opportunities even if you are a fundamentally focused investor. 18:16 - The importance of market perception. 25:16 - Management red flag. 31:34 - Why you should place a heavy emphasis on back-of-the-envelope evaluations. 35:24 - Why it’s important to have the skill to detect frauds. 41:01 - The pitfalls of ESG investing. 46:30 - The best ways to build investing skills. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Pick up Stephen’s book: The Smart Money Method here. Subscribe to Stephens’s Newsletter here. Check out Stephen’s courses here. Check out the books mentioned in the podcast here. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Toyota Airbnb DeleteMe Yahoo! Finance Fundrise Public NetSuite NerdWallet Connect with Kyle: Twitter | LinkedIn | Website Connect with Stephen: Twitter | Newsletter | LinkedIn Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Om Podcasten

Millennial Investing by The Investor’s Podcast Network is hosted by Patrick Donley and Kyle Grieve.  Millennial Investing is one of the top-ranked investing podcasts in the world geared to the millennial generation. Here’s what we do: - We have conversations with the world’s best investors, entrepreneurs, authors, and thinkers and explore their ideas, methods, and stories to help YOU better invest your time and money. - Think of us as your research team who finds the most interesting and profitable investing and business insights that you'd normally have to pay for. Except it’s free! - Our mission is to improve people’s financial literacy and business savvy to help in making better investment decisions with their time and money. Start listening. Master the best of what other people have already figured out so you can use their lessons in your life to learn how to invest and build wealth. Follow Patrick on Twitter at @JPatrickDonley, and Kyle on Twitter @IrrationalMrkts. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm