https://t.co/3XTFXy0Zap
1/ I'm a huge fan of checklists
I use them every day to help me find great investments
Want to create your own investment checklist?
Here are some great resources to help you get started
⬇️

https://t.co/aZiIqCIOVY
Just finishing reading "The Investment Checklist" by Michael Shearn.
— Brian Feroldi (@BrianFeroldi) July 4, 2020
It's EXCELLENT.
I HIGHLY recommend it!
(Puts my checklist to shame.)
Here's the book's checklist:
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https://t.co/wbA3UYPzpJ
1/ How to create an investment checklist (thread)
— Brian Feroldi (@BrianFeroldi) December 8, 2020
Checklists are an amazing, FREE, underutilized investing tool
Here's the step-by-step process for how to create your own
\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f\u2b07\ufe0f
https://t.co/QYHH8nQJE8
1/
— Brian Feroldi (@BrianFeroldi) November 29, 2020
My Mission: To Spread Financial Wellness (thread)
I added some free sheets to my public checklist to help do just that
New Tabs:
1\u20e3Profile
2\u20e3Personal Finance Checklist
3\u20e3Goals
4\u20e3Income Statement
5\u20e3Net Worth Statement
Details are below \U0001f447\U0001f447\U0001f447\U0001f447\U0001f447\U0001f447\U0001f447\U0001f447\U0001f447
Interested? https://t.co/SjeNPq5bzl

More from Brian Feroldi
I receive tons of wonderful replies and read through them all
Here are 31 amazing threads that are well worth your time ⬇️
1/ @10kdiver on
1/
— 10-K Diver (@10kdiver) April 10, 2021
Get a cup of coffee.
In this thread, I'll walk you through the basics of leverage -- in our personal lives and in the companies we invest in. pic.twitter.com/9MilmwE9f7
2/ @aaronbush100 on 20 semi-controversial investing
20 semi-controversial investing beliefs [THREAD]:
— Aaron Bush (@aaronbush100) May 24, 2020
3/ @annieduke on category
The most dangerous category of poor decisions are ones that remain easily hidden from view because any instance of that type of decision is so easy to rationalize.
— Annie Duke (@AnnieDuke) October 7, 2020
1/12
4/ @awilkinson on losing
This is a story about how I lost $10,000,000 by doing something stupid.
— Andrew Wilkinson (@awilkinson) March 30, 2021
Ten. Million. Dollars.
Literally up in smoke. Money bonfire.
That\u2019s enough to retire with $250,000+ in annual income.
Here\u2019s what happened\u2026
Here’s everything you need to know:
The income statement shows a company’s revenue and expenses over a period of time, usually a quarter or year.
It’s also called:
▪️Profit and Loss statement, or “P & L”
▪️Statement of earnings
It follows this basic format:

Most public companies show their income statement in their quarterly earnings press release, but not always
Find them by looking at:
▪️10-Q (quarterly report)
▪️10-K (annual report)
▪️Aggregator websites like @theTIKR

Let's use Home Depot fiscal 2021 as an example
Step 1: Get the data
▪️ Go to https://t.co/OO3BfNGWVl
▪️ Search "HD"
▪️ Click the "10-K" from March 23rd
▪️ Scroll to "Statement of earnings"

The income statement flows in a step-down manner.
The top number is revenue (sales), and costs + expenses are subtracted as you go down
