Below you’ll find a series of questions that we find a lot of people have. Click on any of the questions to read the answers. If you have additional questions that are not covered by this FAQ, then feel free to Contact The Author directly.
Financial companies are a different animal in that they are moneychangers. They don’t deliver a product or service in the normal business sense. Since the balance sheet composition of financial companies basically revolves around monetary resources and obligations, generally accepted accounting principles (GAAP) does not require the current/noncurrent breakdown of assets and liabilities on the balance sheet as with non-financial entities. Please go to the February 19, 2014 blog post called “Financial Companies Are Different” for an in-depth discussion of this issue.
Click the link below and you will be transferred to a page where you can enter your password provided in the book. After entering your password, you will see a button to click to start downloading the Excel spreadsheet.
It is intended for anyone interested in learning more about investing money into common stocks.
My method is aimed at finding quality at a bargain price. If you are disciplined to only buy when you can identify quality companies trading at bargain stock prices, you have a strong likelihood of realizing above-average returns.
No investing method can assure investment gains. The best way to achieve consistent and solid profits when investing in common stocks is to minimize risk at the time you purchase by identifying quality selling for a bargain price. Presented in the book, my balance sheet formula, known as the Adjusted Floor Price Scorecard, seeks to identify quality trading at a bargain price.
Approximately four out of five stocks have provided gains while one out of five has resulted in loss.
I’ve had a number of stocks yield returns in the hundreds of percent…a few stocks better than 1,000 percent.
There are people who espouse stewardship techniques for budgeting resources wisely and for avoiding personal debt or digging out of it. This is a good thing. My desire is to contribute by addressing a stewardship technique for investing resources into common stocks according to a careful, risk-minimizing approach. I’ve taught the balance sheet to accounting students for years now. (I still teach part-time even though I’m retired from a full-time standing.) God has shown me how to manage my investing dollars more wisely, based on using the balance sheet, and granted me much success in terms of investment returns. I want to share this approach with you because I hope, as a result of learning more about the vital, useful information found on the balance sheet, you can become a better steward of the funds you put into the stock market.