10-K Diver

36/ To learn more about the concepts in this thread, I recommend Nassim Taleb's Fooled By Randomness -- a wonderful book about how the principles of probability apply to investing and life in general. Here's a relevant extract from the book (h/t @nntaleb):

21/ Perhaps it's NOT a coincidence that Shannon was ALSO a phenomenal *investor*. By some measures, Shannon's portfolio even outperformed Warren Buffett's over a multi-decade time frame! From the wonderful book Fortune's Formula by @WPoundstone:

Great thread Brian! When the odds seem to be in your favor, bet heavy. This is a systematic way to do that. (Although, the phrase “protected value” may be a bit misleading. It’s not like the portfolio can’t drop below this value.)

Outstanding thread Brian! With thousands of companies out there, it’s important to quickly decide from the financials: should I study this company further or not? And this 5-minute, fundamentals driven analysis can help us take that decision quickly and effectively. Kudos!

Kidding aside, it’s a wonderful book — full of research into practical questions backed by concrete data. I enjoyed it very much!