This is a Glass Fox Media Podcast.

You're tuned in to the Investing for Beginners Podcast.

Finally, Step-by-step premium investment guidance for beginners.

Led by Andrew Sather and Dave Ahern to decode

industry jargon silence crippling confusion and help you overcome emotions

by looking at the numbers.

Your path to financial freedom starts now.

All right folks, well welcome to the Investing for Beginners Podcast. I'm Dave Ahearn and Andrew Sather is here with us. Tonight we're going to talk about Investing Checklists.

We're going to talk a little about when to use

checklists and how they can help you when you make buying stock decisions as well

as selling stock decisions. So I'm going to start us off and talk a little bit about my

friend Monish Pabrai. I've talked about him in the past. He's an investor that's

originated from India and he's a value investor cut right out of the Charlie Munger

Warren Buffett Elk and he's very conservative and he's been very very successful

with his investments I believe he's in the high 40% range in

returns over the last 10 years or so. So he is one of those gentlemen who has a

very concentrated portfolio. I believe he only has six

or seven stocks in his portfolio right now and the majority of them is in actually

one or two companies. So he is a gentleman he's written a book called the

Dondo Investor and if you have not read this book it is fantastic it's very easy

to read and he weighs out a lot of his investing principles in the book and he's very very well read and he's a great writer I've talked about this before and I really enjoy his writing and he's just he's one of those people that's so smart that he's

really good explaining things and makes it sound easy and Andrew and I've talked a lot

...