Read financial statements as a stock investor
What you'll learn
- Acquire useful practical skills based on financial statements.
- Identify the good and bad stocks from the financial statements within 30 minutes.
- Be able to make a quick quantitative assessment of stocks based on the right numbers from the financial statements.
Requirements
- No knowledge required
Description
This course is to enable newbie or keen stock investors to arm with some basic skills in reading financial statements. The ability to read financial statements is the first step to be a good stock investor. It is a financial language that all stocks wannabe should aim to acquire to significantly augment the success rate in stock investments.
When one comes across the financial statements of a stock, the first thing that an investor should do is to be able to identify whether that stock is a good stock or a bad one. If the stock is a good one, what makes the company successful. And if the stock is a lousy one, then what makes it to be bad. This course aims to arm you with just that, at least at the first level.
As this is a course for the newbies and keen stock investors, we do not expect anything from the audience other than an enthusiastic learning mind to pick up some basic skills to increase your success rate in picking up stocks.
This is a basic but powerful course. It takes only about 2 hours of your time to focus on the essentials taught in the lessons. Pick up some skills for just a song!
Who this course is for:
- For stock investors, particularly the newbies and stock investors wannabes, who want to start with fundamental analyses.
- For veteran stock traders who want to start on value investing.
- For students who want to learn more about financial statements and their applications.
- This course is not meant for practice accountant or train one to become an accountant or an account executive. Its objective is to help students identify good stocks and bad stocks fairly quickly using financial statements.
- This course is not meant for investors who look for quick-fixed solution to their stocks that have deteriorated in value.
- Students shall not ask instructors to analyse stocks other than those discussed in the course. The instructors are not stock analysts who special in specific stocks.
Course content
3 lectures • 14minIntroduction to READ THE FINANCIAL STATEMENTS AS A STOCK INVESTOR
- Preview04:11
- 04:23Disclaimer
- Preview05:06
6 lectures • 41minThe balance sheet
7 lectures • 42minIncome statement
3 lectures • 30minCash flow statements
1 lecture • 3minStatement in changes of Equity
1 lecture • 8minThe round -up
Instructor
![Brennen Pak](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.3 Instructor Rating
- 45 Reviews
- 300 Students
- 4 Courses
Brennen Pak has been investing in the stocks for the past 27 years. With a wealth of experience about stock investments, he started to teach stock investing and personal finance for the past 5 years. By today, he had already taught thousands of students. Brennen Pak's investing journey is not without setbacks. In fact, his stocks tanked 10 years after his start in stock investment. During 1998, his stock portfolio went into a tailspin at the peak of the asian financial crisis (AFC). He lost more than $100k as he sold stocks in a panic. What was more painful was that after he sold most of his stocks, the stock market went up 100% within a matter of 6 months and then another 75% in the year that followed. From that lesson, he learnt that picking up the essential financial skills is the mother of success to being a good investor. Knowing that Warren Buffet would not be what he is today without financial knowledge, Brennen Pak decided to use his financial skills that he learnt during his MBA to invest in stocks. Surely, major events such as dot-com bubble burst, terrorists attack on the World Trade Center in New York, the Severe Respiratory Syndrome (SARS), the global financial crisis and the euro-zone crisis, just to name a few, would have badly affected the stock markets. However, despite these crises, he turned around his battered assortment of stocks into a phenomenal stock portfolio by year 2009.
Brennen's first degree is in engineering from National University of Singapore. Prior to his degree course, he had been developing along the areas in technical fields. He had been admitted to the best technical school of his time. He had spent 2 years in woodwork, 4 years in metalwork and six years in technical drawing.His technical background enabled him to pick up new technologies in modelling techniques and 3D-printing fairly quickly. Consequently, he also develops on-line courses specializing in product designs, modelling, 3D printing and, more recently, micro-controller. With a wealth of technical knowledge that cuts across several technical disciplines, he is now working on on-line courses on product designs & development that help students develop physical inventions from imaginations and paper designs to physical designs that can be seen, touch and feel.