Richard 1 year ago • updated by Jae Jun 1 year ago 1

So the new system is working out quite well. I have found several excellent investment ideas that I have taken action on. I use it in conjunction with the trusty OSV spreadsheets which I have become totally dependent on for making really good decisions.

I have learned from experience that it is best not to rely solely on screening selections. Once you learn how to use original OSV spreadsheets and learned how to interpret financial statements its pretty easy to sort the good companies from the weak or iffy candidates.

I tend to stick with best of breed. I don't like to risk money on flyers and would rather make a lesser profit, but not have to worry about my capital evaporating because they are invested in shaky companies.

Great stuff Richard. Yes the idea is to take the best of the best. Fish where the good fish are, not where the eels are.

I'm super glad that you found some great stocks. The goal is to try and make each process as efficient and productive as possible so that you can spend the majority of your time making good decisions.