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Want to go deeper on real companies with simple, long-term investing guidance? Subscribe to the Value Spotlight newsletter, where Dave and Andrew share stock ideas, valuations, and lessons from real businesses straight to your inbox.
In this episode of the IFB podcast, Dave and Andrew answer a thoughtful set of questions from listener Bruno about building confidence as a long-term investor, using ETFs like the S&P 500 and a quantum-themed ETF, and whether it ever makes sense to leverage an investment portfolio when buying a home.
Dave and Andrew share practical ways to narrow the universe of stocks using simple filters like the price-to-earnings ratio, plus how checklists and focusing on a single industry can make decisions easier and less overwhelming.
They discuss why knowing “what’s under the hood” is critical, how position sizing matters, and why most investors are better off treating thematic ETFs as small, speculative slices of a portfolio.
Finally, they address Bruno’s question about using an investment portfolio as collateral for a home loan, sharing their concerns about leverage, black swan risks, and why this is usually a high-net-worth, advisor-level conversation.
Key Topics Covered:
Timestamps:
00:00 Intro and Bruno’s email with three big questions
01:00 Struggling to trust your own analysis and fundamentals
06:00 Decision overload, restaurant menus, and narrowing your choices
09:30 How a checklist can build trust in your process
18:00 Question 2: Thoughts on ETFs like the S&P 500 and a quantum ETF
20:00 Why broad S&P ETFs are a “set it and forget it” core holding
22:30 Looking under the hood of a quantum ETF and its holdings
28:00 Question 3: Using your portfolio to help buy a home
37:00 Final thoughts on planning, margin of safety, and Bruno’s questions
At Any Rate with Evan Raidt
https://open.spotify.com/episode/1KSDP3QV8VnLLL9Bz03Hi7?si=a1aa66569c2b4148
Have questions or want your story featured? Email the show at [email protected] or comment below. Your feedback shapes the podcast!
Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
Buy and sell your next car the easy way with, Carvana—no haggling, no hassle, just click and drive.
Interested in how your company sponsor the show? Reach us at [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
Want to go deeper on real companies with simple, long-term investing guidance? Subscribe to the Investing for Beginners newsletter, where Dave and Andrew share stock ideas, valuations, and lessons from real businesses straight to your inbox.
In this episode, Dave and Andrew continue their Financials Demystified series by breaking down long‑term assets on the balance sheet and why they matter so much for long‑term investors.
They walk through real companies to show how different business models leave different “fingerprints” on the balance sheet. Martin Marietta Materials illustrates a classic capital‑intensive business, with huge investments in machinery, equipment, and mineral reserves.
NVIDIA shows the opposite: a capital‑light designer that outsources manufacturing to TSMC, runs with massive current assets, and converts that into high margins and free cash flow.
The guys also dig into Alphabet, Amazon, Meta, and others to explain goodwill, equity investments, reverse acqui‑hires, operating lease assets, and how all of these choices flow through to reported earnings and risk.
Key Topics Covered:
Timestamps:
00:00 Intro and Financials Demystified series setup
02:30 What are long‑term assets? (vs. current assets)
06:30 Real‑world examples: Walmart, Target, Home Depot, and leases
18:30 Martin Marietta example: machinery, equipment, and mineral reserves
24:00 NVIDIA example: capital‑light model, cash, and high margins
30:00 Amazon and Alphabet: equity investments, Anthropic, Rivian, Character.ai
34:30 Goodwill, write‑offs, and what they say about capital allocation
38:30 Ratios and metrics: PP&E vs. revenue, goodwill vs. total assets, ROIC
36:30 Operating lease assets, Texas Roadhouse, and store ownership vs. renting
End Why the balance sheet is underrated and how to practice with real companies
Have questions or want your story featured? Email the show at [email protected] or comment below. Your feedback shapes the podcast!
Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
You can download Evan’s free monthly budgeting spreadsheet here:
https://einvestingforbeginners.com/budget/
In this episode of At Any Rate, Evan Raidt and Dave Ahern tackle one of the most misunderstood tools in personal finance: credit cards.
They open with real-life horror stories—from a $20,000 cash advance to chase a “hot stock tip” to a college student stacking cards to upgrade his truck—and use them to show how easy it is to slide into crippling debt.
Evan and Dave also walk through the emotional and behavioral side—why points and 0% APR offers can push you to overspend, and why your credit limit is not your spending power.
But it’s not all doom and gloom. They outline the right way to use credit cards: as a tool to build credit, get fraud protection, and earn cash back—without ever paying a dime in interest.
You’ll hear practical tactics like weekly or automatic payoffs, keeping utilization low, consolidating high-interest debt with a personal loan, and even how parents can give their kids a head start by adding them as authorized users.
Topics Covered:
Timestamps:
Resources Mentioned:
Free monthly budgeting spreadsheet:https://einvestingforbeginners.com/budget/
Have questions or a credit card story to share? Email Evan at [email protected] or comment below—your questions help shape future episodes.
Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate, we’ll see you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
Buy and sell your next car the easy way with, Carvana—no haggling, no hassle, just click and drive.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
You can read the full blog post “Mohnish Pabrai’s Stock Buying Checklist” here:
In this episode, Andrew and Dave walk through a stock-buying checklist inspired by Mohnish Pabrai and his book The Dhandho Investor.
Instead of reading all 34 questions, they “draft” their favorites like a fantasy football team, using each pick to highlight a key principle of smart, long-term investing.
They discuss how to think about a company’s future prospects, why understanding how a business actually makes money is non‑negotiable, and how to identify key risks before you get too attached to a stock.
They also dig into moats, capital allocation, balance sheets, and valuation tools like DCFs and reverse DCFs—always tying it back to practical ways individual investors can avoid big mistakes and focus on quality businesses.
Key Topics Covered:
Timestamps:
Resources Mentioned:
Have questions or want your story featured? Email the show or comment below. Your feedback shapes the podcast!
Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
Buy and sell your next car the easy way with, Carvana—no haggling, no hassle, just click and drive.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
You can find more resources and tools at einvestingforbeginners.com.
In this episode, Andrew and Dave break down the recent volatility in the stock market, focusing on why certain stocks are crashing after earnings releases.
They dig into the stories behind big drops at companies like Fiserv, Chipotle, and Duolingo, exploring whether these moves are justified and what investors can learn from them.
They also debate the impact of AI on business models, the importance of understanding a company’s core strengths, and why sometimes the market’s harsh reaction is warranted.
Topics Covered:
Timestamps:
Resources Mentioned: Visit einvestingforbeginners.com (for calculators, tools, and more)
Have questions or want your story featured? Email the show or comment below. Your feedback shapes the podcast!
Remember, invest with a margin of safety—emphasis on the safety. Have a great week, and we’ll talk to you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
You can find Evan’s home buying calculator at einvestingforbeginners.com/home.
In this episode, Evan Raidt is joined by Andrew Sather to answer a listener’s question about how Evan was able to secure a 4% mortgage rate in today’s market.
They break down the process of finding below-market rates, discuss the pros and cons of new builds versus resale homes, and share personal experiences and tips for anyone considering buying a home.
They cover the details of FHA loans, builder incentives, the value of a good realtor, and why some traditional home buying advice may be outdated.
The conversation is packed with practical advice and actionable insights for anyone navigating the current real estate landscape.
Topics Covered:
Resources Mentioned:
Timestamps:
Have questions or want your story featured? Email Evan at [email protected] or comment below. Your feedback shapes the show!
Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate—we’ll see you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Download the Plynk app today to start building your investing confidence: https://plynkinvest.app.link/IFB
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to Evan at [email protected]
If you’d like to discuss sponsorship or advertising opportunities, shoot us an email at [email protected].
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the Investing for Beginners Podcast, Brad Freeman from Stock Market Nerd joins the discussion to provide his insights on various investment strategies and the importance of understanding financial statements.
Brad shares his journey into the world of investing, the critical factors he considers when evaluating stocks, and the role of strong leadership in company success. He also dives into specific sectors like cybersecurity and explains his cautious approach to AI and bubble markets. Brad discusses his meticulous research process, his valuation techniques, and the influence of international investments on his portfolio.
00:00 Introduction and Guest Welcome
00:35 Why Choose Stocks?
03:10 Developing an Investment Framework
05:34 Learning from Mistakes
11:29 Research Process and Tools
25:20 Identifying Investment Opportunities
28:36 Evaluating Rubrik's Competitive Landscape
30:36 Building a Wishlist of High-Quality Companies
31:50 The Importance of Trusting CEOs
38:35 Valuation and Investment Strategies
42:46 Market Cap Preferences and Geographic Considerations
47:38 The AI Bubble and Investment Caution
54:19 Conclusion and Final Thoughts
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
More from Brad:
Stock Market Nerd
X: @StockMarketNerd
Instagram: @thestockmarketnerd
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of the pod, Andrew and Dave discuss pivotal 'light bulb moments' from their investment journeys. They explore essential insights including company growth's impact on valuation, the importance of understanding a business before investing, differentiating between types of stock dips, and critical lessons learned from investment mistakes with companies like Intel, Crown Castle, Starbucks, and GameStop.
The hosts also share valuable knowledge gained from reading notable investment literature and shareholder letters, emphasizing key concepts like financial statement connections, the role of ROIC and WACC, the power of scale economies, and more. Through their experiences, they illustrate how these revelations have shaped their approach to analyzing and selecting stocks.
00:00 Welcome to Investing for Beginners
00:29 Andrew's Light Bulb Moment: Growth and Valuation
02:48 Dave's Light Bulb Moment: Learning from Mistakes
04:49 Understanding Business Models and Competition
13:52 The Importance of Financial Statements
20:12 Valuation and the DCF Model
25:31 Lessons from Investment Masters
32:42 The Power of Scale Economies
34:43 Wrapping Up and Listener Engagement
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
Download the Plynk app today to start building your investing
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
You can find Evan’s home buying calculator at einvestingforbeginners.com/home.
In this episode, Evan Raidt and Dave Ahern tackle the classic debate of renting vs. owning a home.
They break down the numbers behind home affordability, share real-life experiences, and discuss how your personal goals and financial situation should drive your decision—not outdated advice or pressure from others.
From the dramatic shift in home price-to-income ratios to the realities of being “house poor,” Evan and Dave offer honest insights, practical tips, and a few laughs to help you make the best choice for your life.
Topics Covered:
Timestamps:
Resources Mentioned:
Questions or feedback? Email Evan at [email protected] or comment below—your stories and questions help us make the show better!
Remember, financial freedom is built one smart move at a time. Keep it simple, keep it steady, and at any rate—we’ll see you next time.
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Download the Plynk app today to start building your investing confidence: https://plynkinvest.app.link/IFB
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to Evan at [email protected]
If you’d like to discuss sponsorship or advertising opportunities, shoot us an email at [email protected].
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
Welcome to the Investing for Beginners podcast! In this episode of 'Financials Demystified,' we dive into the world of current assets, focusing primarily on current assets and their importance in investment strategies. Learn about balance sheets, liquidity, current vs long-term assets, and popular financial ratios like the current ratio and quick ratio.
We use examples from companies like Walmart, Target, and Circuit City to illustrate key points and explore how effective inventory management can impact a company's financial health.
00:00 Welcome to Investing for Beginners
00:30 Understanding Current Assets
03:41 The Importance of Inventory
04:36 Analyzing Walmart and Target
09:57 Liquidity and Solvency
10:51 Current Ratio Explained
15:01 Quick Ratio and Circuit City Case Study
23:00 Other Current Assets
29:59 Airlines and Liquidity Challenges
35:03 Conclusion and Final Thoughts
Timestamps are generated by artificial intelligence, and are not 100% accurate depending on the platform used for listening.
Today’s show is sponsored by:
Download the Plynk app today to start building your investing confidence: https://plynkinvest.app.link/IFB
Go to SHOPIFY.COM/beginners to start selling with Shopify today.
This message is sponsored by Greenlight. Don’t wait to teach your kids real-world money skills, start your risk-free Greenlight trial today at greenlight.com/investing.
Have questions? Send them to [email protected]
SUBSCRIBE TO THE SHOW
Apple | Spotify | YouTube | Amazon | Tunein
Learn more about your ad choices. Visit megaphone.fm/adchoices
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