Reader #1 says...
I attended few of your "Evening with AK and friends" sessions and like the way you analyse stocks.
Can you share how you filter stocks, any key criteria before you put in your shortlist and start going through in details?
AK says...
Well, I cannot give you a set of criteria.
Like Charlie Munger would say:
"I can never make it easy by saying ‘Here are three things’. You have to derive it yourself to ingrain it in your head for the rest of your life."
However, I would tell you my starting point.
I invest mostly for income.
So, whether a stock pays a dividend is an important consideration.
Then, pick it up from there.
If you were to invest for growth, you would have a different starting point.
It is important to match our motivation and our methods. :) ......