There are tons of online platforms for investing research. Unless you’re an experienced trader or can afford a Bloomberg terminal (I’m guessing you can’t, it is $20,000 a year), it can be tough to know what products will bring you the most benefit.

I’ve personally never stuck with a product for very long. It is always either buggy, providing wrong information (looking at you, Robinhood), or has a bad UI. That is until someone recommended I try Koyfin.

Koyfin allows me to track my current holdings, research new potential stocks, and filter out relevant news regarding any finance topic or…


Most books recommend to novice investors are too complex. Classics like Big Debt Crises or even the Intelligent Investor are better reads after someone has a solid foundation under them. It can be discouraging for anyone interested in the topic of investing when books like that make the industry seem harder and more complicated than it really is.

Here are five I think are simple enough yet help lay the foundation needed for anyone interested in this field.

A Random Walk Down Wall Street


Big news out of Sweden this week. Spotify, everyone’s favorite audio streamer, has gotten exclusive rights to the number one podcast in the world, the Joe Rogan Experience (JRE).

This is a huge deal. Not just for Rogan, who will likely net over 100 million on the deal (exact numbers are not public), but for Spotify’s long-term ambitions. CEO Daniel Ek started talking in 2019 about the company’s strategy outside of music — “owning the ear,” as he has called it — but nobody thought they’d be this aggressive. …


Someone on fintwit once said:

Compounding is the highest form of living

I can’t remember who exactly said it, and it has probably been repeated many times before, but for some reason, that quote has stuck with me. I probably think about it once a week.

The definition of compounding money is “the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.” But compounding doesn’t just apply to money. Replace “asset” with “friendship” and “earnings” with “quality time” or “experiences” and you’ve defined how to build lasting relationships. …


I’ve said it before, but my portfolio was built for the pandemic. For whatever reason, the businesses I like to invest in are doing well in these volatile times. But what has made these stocks strong, while others have suffered? Was it just luck, or was there skill on my part? I’d like to think it was a little bit of both, but who knows, introspection is tough.

I didn’t position my portfolio for a pandemic-induced recession (if someone told you they did, they are probably lying). But there are some qualities in the stocks I own that are now…


*All quotes come from this book.

You’ve probably noticed already, but the U.S. economy is in a deep recession and possibly a depression. Unemployment, at least for the majority of 2020, will compete with peak Great Depression levels, a terrible tragedy for many Americans.

As someone who doesn’t know much about the Great Depression (GD), I want to understand what life was like then in case we are headed in a similar direction. …


I used to be a big fan of Disney stock. I thought because they had a tremendous moat and little-to-no competition that they would be a market outperformer. The “monopoly on happiness” as people like to say. But when the facts change you have to allow your opinions to change with it, and the pandemic has changed a lot about Disney’s business.

In this post, I’ll go through Disney’s four business segments (Media, Parks and Products, Studio, and Direct-To-Consumer) and analyze how they will be impacted by the virus. …


I sent out this tweet Friday morning: “$SHOP now with an EV/sales of 36, meaning like 5 years of 50% growth is already priced in. Why would anyone hold shares here?”

I expected some interesting responses, both bullish and bearish, to this question. What I did not expect was an onslaught of bulls fervently defending Shopify at a sales ratio above 40 (where it finished trading on Friday, April 17th). Here are some of the reasons they put:

  • Optionality
  • Multi-decade time horizon
  • Momentum/narrative
  • Accelerated e-commerce
  • Let your winners run

Sure…I guess all those points are true? Shopify the business


I got lucky. Heading into this crisis, 5% of my portfolio was in one of the few companies that would benefit from a pandemic: Teladoc Health (ticker: TDOC). The stock is up 71% in the past month due to a huge increase in demand for virtual healthcare, and it has officially become one of the “hot” stocks talked about on CNBC. I didn’t buy shares for either of those reasons, but hey, I don’t mind the returns.

(Twitter thread on Teladoc’s conference call)

Teladoc’s business has exploded recently, as you might expect. Visits are up over 100% on a per-day…


“Charlie says we have three boxes: “In,” “Out” and “Too hard.” You don’t have to do everything well. At the Olympics, if you run the 100 meters well, you don’t have to do the shot put…” — Warren Buffett

Investing in individual companies is easy to do but hard to be good at. Online brokerages with zero commissions have made it so you can buy stocks at the click of a button. But it doesn’t guarantee you will make money doing it.

Statistically, very few investors will outperform the indices. And that is okay! The goal of investing (at least…

Brett Schafer

Writing at chitchatmoney.com. Sharing my thoughts and favorite posts from the site. Mostly Investing and Business related.

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