Curate an Actionable Investment Thesis

In crafting the investment thesis, apply a bottom-up research approach that identifies and considers stakeholders within the company, including the board of directors and senior management. Also, treat market participants as stakeholders, but primarily to confirm or contradict your investment thesis.

Excerpted from the Chapter 12 of my upcoming fifth book, Quality Value Investing: Uncover Winning Stocks of Enduring Companies.

Read or listen to the manuscript on my author website, hosted by Substack.