Introduction to Fundamental Stock Research

Welcome, new investor! This multi-part guide will walk you through some of the basics of stock research, with practical guidance and exercises to try. The goal is to help you become an independent investor who is able to understand and interpret financial data in order to make informed investing decisions.

Even though there is a lot to say about investing, we don’t want to overwhelm you with too much information all at once. Each chapter is short and has concrete tasks for you to practice. We’ll also be sprinkling in links to additional resources.

Click below to get started. Note that unlinked chapters are not yet available.

Table of Contents

  1. Introduction to this Guide (this page)
  2. A Few Introductory Concepts
  3. A Workflow for Researching Stocks
  4. Balance Sheet
  5. Income Statement
  6. Cash Flow Statement
  7. Profitability
  8. Valuation
  9. Risk Considerations
  10. Portfolio Construction
  11. Performance Evaluation
  12. Next Steps

Almost all of the financial information we discuss can be found directly in Stock Rover, and we’ll be linking to supporting materials that show you where to find it all.

This guide was created in partnership with bivio, which provides online investment club accounting and hedge fund management services.

Planned downtime Friday, May 20th 7:00-10:00 EDT for a network upgrade. Sorry but Stock Rover will be offline.