In this episode, Coach Greg ‘Old Money’ Holmes joins us to discuss the recent newsletter he wrote on the True Fundamentals of Investing. During our feature presentation, Coach Greg discusses some of the most important fundamental concepts he considers before investing including the value of a company, stability, how to determine a fair price, P/E ratios, Return on Invested Capital, Operating Margins, and Dividend payments. Listen in for some insight and wisdom on an important topic for new and veteran investors alike.
Before that, Coach Matt, Mark, Tim, and Greg analyze the broad market conditions during our skyline. Last week the FOMC held a two-day meeting, followed by a policy statement and press conference with Chair Jerome Powell. The market bought on the initial price response Wednesday, seemingly liking what the Fed had to say regarding future economic growth, the prospects for the jobs market, maintaining low interest rates, and monthly bond purchases. Essentially the Fed ‘said’ everything the market wanted to hear, but the market sold on Thursday after digesting the reality of what the Fed’s statement means. Essentially, if things are going to get better as fast as they say, when will they raise interest rates? We discuss the mixed messaging from the Fed and the technical conditions in stocks, commodities, the dollar, and bitcoin during this weekly segment.