Module 1 of 5 in Practical stock research
A research process
A repeatable way to research a listed company, starting from its products, customers and revenue drivers, with a checklist you can reuse.
3 lessons in this module. Progress is saved in your browser as you go.
Good research follows a process, so that the same questions get asked every time and conclusions can be checked. This module sets out that process, starting with the business itself before any valuation.
By the end of this module you should be able to
- Follow a repeatable sequence of steps to research a listed company.
- Identify a company's products, customers and main revenue drivers from its own disclosures.
- Build and use a research checklist without letting it replace judgement.
Lessons in order
Module test
10 questions, chosen at random from a bank of 30 questions and balanced across this module's learning goals and difficulty levels. Every question comes with an explanation. You need 80% to pass, and you can retake it as often as you like with a fresh set of questions.
This module builds on
- Competitive advantages and their limits: Judging the business and its competitive position is the first and most important step.
- How an Indian annual report is organised: The annual report is the main primary source for most steps.