Course 104: What Matters and What Doesn't
The Bottom Line
In this course
1 Introduction
2 Investing Does Not Equal Trading
3 Investing Means Owning Businesses
4 You Buy Stocks, Not the Market
5 Competitive Positioning Is Most Important
6 The Bottom Line


It is very easy for new stock investors to get started on the wrong track by focusing only on the mechanics of trading or the overall direction of the market. To get yourself in the proper mind-set, tune out the noise and focus on studying individual businesses and their ability to create future profits. In the coming lessons, we will begin to build the skills you will need to become a successful buyer of businesses.

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