101 - How to find good stock ideas (FAQ)

Mental Models discussed in this podcast: Cloning / Copycat Please review and rate the podcast If you enjoyed this podcast and found it helpful, please consider leaving me a rating and review. Your feedback helps me to improve the podcast and grow the show's audience.  Follow me on Twitter and YouTube Twitter Handle: @TreyHenninger YouTube Channel: DIY Investing Support the Podcast on Patreon This is a podcast supported by listeners like you. If you’d like to support this podcast and help me to continue creating great investing content, please consider becoming a Patron at DIYInvesting.org/Patron. You can find out more information by listening to episode 11 of this podcast. Show Outline The full show notes for this episode are available at https://www.diyinvesting.org/Episode101 Question: How do I find good stock ideas? Identify 3-5 of your favorite investors you follow Open a new spreadsheet For each investor: Go to their website and write down the ticker and company name for every single company they've ever written up If articles are paywalled that's fine. You don't need to read the articles, simply take down the name and ticker.  With 5 investors you should have a nice long list. At least 100 stocks.  Now simply go one by one and read the annual report or 10k for each company. Value the company and add the valuation to your spreadsheet.  Now you have a watchlist.  Alternative Idea: Access the OTC Manual Database with an exclusive coupon code! Purchase the OTC Manual Database access at SvendaManual.com  Exclusive Coupon Code: "Trey" Without quotes Receive a discount on your annual subscription cost Summary: The best way to identify good stock ideas is to copy a watchlist of investors you trust and respect. Their best ideas can form a strong foundation for your watchlist.