How To Find Profitable Stock Ideas Around You

How To Find Profitable Stock

Ideas Around You

“You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries however, is vital.”

~ Warren Buffett

So How Do You Identify YourCircle of Competence ?

For A Start, You Can Always Start With Your Job or

Profession

A Medical Practitioner Can Look For Pharmaceutical

CompaniesThat Manufactures Drugs or

Medical Equipment

An Auto Salesman Can Look For Companies That

Manufactures Automobiles or One That Supplies The

‘Parts’

With Industry Knowledge, You Will Know Which Are

The Companies That’s Top In The Industry

As Well As The OnesThat’s Losing Steam &Going On A Decline…

Another Way To IdentifyYour Circle of Competence

Is The Way You Shop & Consume

What Do You Purchase?Shavers, Mobile Phones,

Shampoos, Hair Gels, Detergents, Clothings…

How About The PlaceWhere You Dine In?

Restaurants, Cafes… etc

Staying Within YourCircle of Competence

Can Yield Huge AdvantageFor An Investor

First, As Mentioned Previously, It Gives You

Industry Insights & Experience Into The Psychology Of The

Consumers

It Also Narrows DownYour Stock Selection.

Of The 46,332 StocksWorldwide, You Only Need To

Select Those You Have Interaction & Experience

With

Not Only Does This Help YouCut Down Time & Getting

Idea For The Next BIG Thing…

It Also Reduces Your Chances Of Picking A Bad

Investment

Less Mistake = More Profitable

Once You Are Confident & Start To Understand

Business A Little More…

You Can Then Seek To Expand Your Circle of

Competence Through Linked Industries

For Example:Restaurants > Catering

Once You Have Experience In Catering, Which Has

Similarities To Do With Supply Chain…

You Can Then Look At Business Models Within The

Supply Chain Industry & Expand From There…

You Can Then Look At Business Models Within The

Supply Chain Industry & Expand From There…

Full Step-By-Step Case Study On How We Discovered, Evaluate & Sold This Stock For A 243.5% Return In 18 Months

Questions?Feel free to reach out to us…

Website: http://www.fifthperson.com