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 about shareholder yield.

This is a term that I came across when I read a book by Meb Faber,

one of my favorite podcasters.

He's a Quant Investor that runs a EDF that he's a fantastic guy, really,

really interesting, super smart, and sometimes he can be a little technical, but he's very interesting and he wrote some great

books that are on Amazon and quite a few of them are actually free so the book

that we're going to talk about tonight that we're going to reference, let me rephrase that, is actually free.

And I will put the link to that in the show notes.

So if you guys want to check out a little more deep dive into what Andrew and I are going to be talking about tonight

that'll give you an opportunity to check that out so without any further do

Andrew once you go ahead and start us off and talk a little bit about shareholder

yield and capital allocation.

Yeah, so shareholders yield.

A metric, it's a good kind of description for a metric where you're essentially looking at a CEO management of a company and seeing how are they allocating capital. You have earnings that you get, right?

Profits that these companies have.

And as we've mentioned in previous episodes,

...