Milton "Todd" Ault III - Chairman of Ault and Company, Inc.
Full Episode: successstorypodcast.com/miltion-todd-ault
Cut through the noise, focus on the fundamentals
Ever feel overwhelmed by the constant barrage of financial news and "hot tips"?
Remember, the stock market isn't a casino.
Investing is about owning a piece of a business.
So, what should you focus on?
Read the 10-Ks and 10-Qs. These reports aren't just regulatory filings, they're a treasure trove of information about a company's operations, financials, and future plans.
Understand the business. What does the company do? What are its competitive advantages? What are the risks?
Know your risk tolerance.
Common stock is the riskiest part of the capital structure.
There's potential for high returns, but also for losses.
Bottom line: Don't be a gambler, be an owner.
If you don't understand what you're buying, you're just speculating. And that's a dangerous game.
#investing #fundamentals #knowwhatyouown #commonstock #preferredstock