The Swedish Investor's video: Financial Statements Made Simple For Investors

Accounting is the language of business. Much like you cannot understand what type of dish you are ordering if you don't know the language of the menu, you cannot understand what type of business you are buying in the stock market if you don't know financial statements. By the way, don't worry. You don't need a college degree in accounting or math for this. You just need to listen to how Bob makes shady deals with the Swedish Mars Mafia and how he beats his second Cousin Stephan to build the first empire of restaurants on the red planet. --- My main tool for fundamental screening and analysis of stocks: https://app.tikr.com/register?ref=tsi (If you sign up I earn a small commission) --- Timestamps for understanding the financial statements: 00:00 Intro 00:22 The Language of Business 01:43 Issuing Common Stock 01:55 Important Difference Between the Statements 02:28 Cash & Equivalents 02:40 The Accounting Equation 04:41 Long-Term Debt 05:02 Property, Plant & Equipment 05:31 Current VS Long-Term Assets 07:40 Cost of Goods Sold (COGS) 07:57 The Income Statement 08:15 Gross & Net Income 08:34 Selling, General & Admin Expenses (SG&A) 09:43 COGS or SG&A? 10:20 Introduction to Depreciation 11:28 Capitalization 12:02 Depreciation & Amortization 12:45 Accumulated Deprecation 13:05 The Importance of Profit Margins 13:43 Interest Expenses 13:53 Income Tax Expense 14:11 Retained Earnings 14:21 The Cash Flow Statement 14:39 How the Statements are Linked 15:00 Cash from Operations 15:31 Cash from Investing 16:01 Capital Expenditures 16:16 Cash from Financing 16:28 Net Change in Cash 16:58 Only the Balance Sheet Accumulates 17:30 The “Stickiness” of Expenses 18:16 Inventory 18:26 Change in Net Working Capital 20:02 Research & Development (R&D) 20:36 Freeing up Cash 21:10 Collateral & Defaults 21:40 Debt/Equity Ratio 22:08 Issuing More Stock (Equity) 22:50 Equity VS Debt 23:29 Additional Paid in Capital 23:43 Other Intangibles 24:14 Amortization of Intangible Assets 24:35 Expanding the Costs 25:22 Major Expansion & Expenses 25:45 Accounts Payable 25:58 Accounts Receivables 26:39 Accrued Expenses 27:06 Dividends 27:58 Repurchasing Shares 28:40 Treasury Stock 29:12 Acquisitions 29:45 Goodwill 30:18 Short-Term Investments --- My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.