How I Know To Wait When Buying A Stock

Behavioral consistency breeds consistent results. Patience is your biggest investment asset

[@MapAtlass]

Great video, you have a criminally underrated channel here Hamish 😀

[@humbertocabrera4379]

Agreed

[@siggiAg86]

Sammála!

[@stephenkowalski2448]

So true, patience and buying when prices are low and sentiment is bad. Guess what, sentiment isn't low for many stocks

[@kmc-d1760]

Great video Ham! Would LOVE a part 2 on CTM; to hear how, when and how much you started entering a position. At $4.50, why didn’t for instance you drop the rest of your cash portfolio… great find!!

[@misterr2359]

Hamish, I have never seen an easier DCF valuation spreadsheet like yours! Thank you very much for your videos, which have been helping me. I've just subscribed! Cheers from Brazil.

[@susanl8478]

I need to clean up my act ... I am new to this and I am all over the map. Haven't made any horrible mistakes yet but will listen to this over and over and be a little more disciplined.

[@jarredwoolis4929]

Highly recommend Hamishs course. Best investment I've made.

[@hughjackson218]

Good on you.

[@HamishHodder]

Thanks Jarred, it's been great working with you. If you are interested in joining the wait list Susan, check out the link below. www.hamishhodder.com/enrolment-closed-page

[@jessicabee9299]

Great video!

[@TuanTran-sl3lv]

Great video

[@louisaparker]

I understand that you advise using completely different strategies for single stock investing vs index fund investing. For single stocks - buy only when the stock is cheap. For index funds - buy regularly without looking a the price. Is that correct?

[@stephenkowalski2448]

I love how every article said don't buy cruise lines in April 2020, I bought when the articles talk about how stupid it was to buy now they are now up 300% and they all say how much higher they will go now. Good luck will that, that basically told me time to sell. I hope everyone who buys at these levels gets rich! I took my profits. And now I hear how much higher stocks will go in 2021!!! maybe, but I do remember how much lower they always said they will go when the market was very low in late March, and the rally wasn't real, again, hmmmm .... Well good luck to those buying at these levels of "most" stocks. But there are still some buys, I do like Dropbox, some reason it is unloved which is why I'll take it into my portfolio of unloved misfit stocks who find loving homes just like my Cruiselines did. But hard to find deals now in good unloved stocks. I also owned Texas Roadhouse, great company, but it was also adopted by new loving owners getting rich off it in the future.

[@jackdunn1928]

I don't watch a heap of KZbin vids, but every time I watch one of Hamish's videos, he has another 10k subs. I think this is extremely well earned, keep it up!

[@TheTogmo]

Great video Hamish. I liked this one more than the previous one. It really does highlight the need for patience and the gains that can be made if you are patient.

[@EthanRooshock]

Great analysis and thought process! Patience is key!

[@AmitSingh-re4te]

Thanks, Hamish. Man, these stocks don't come down as often as they rightfully should. Damn it Fed and Govt stimulus, which doesn't let the price come down to its actual level.

[@DavidMM255]

More videos like this of how you analyze businesses please!! That was great and insightful

[@Ripred395]

Thanks for the video. I have just downloaded you’re 5 year spreadsheet. Could you make an entire video explaining every page of the sheet with a stock for example let’s say intel. I really want to learn more about value investing but sometimes I don’t know where to find the numbers and if I am actually choosing the right ones etc etc. this would be very helpful thanks 😊

[@HamishHodder]

On the first page of the spreadsheet there is a link to a full tutorial!

[@veetour]

I’m hoping Tesla falls to my buy price of $60.

[@ims7865]

Hello! What terminal value do you use? Also, changing the percentage of risk rate from 1% to 10% doesn't change the buying price... What is this risk rate role?

[@iqbalarshad5994]

Great channel! But started noticing that you just repeat the same content (repetition is not bad I guess). Wish you might cover other topics. 1) I know that using your valuation method it might be hard to value a tech startup (Shopify, Tesla, AirBnb)... but clearly the market sees huge upside in them. Can you share your insight on how to value them? 2) You should make more company analysis videos. Not for advice, it’s just great content. Companies like: MTCH, SAVE, DKNG, and afterpay (Australian) 3) More insights with industries that you are familiar with. Cheers.

[@RedThunder0000]

You are a legend, you nailed it on stamps.com

[@theoj4562]

Great video, really enjoy these types with a real example, thanks

[@arnulfsnek]

Great value for sure !

[@siggiAg86]

Awesome Hamish! You are such a wonderful teacher of the art of investing! Cheers!

[@thomasmatthews478]

Good to see someone who has read the intelligent investor 👍

[@thomasmatthews478]

Would ditch the terminal rate of return though

[@ccnbutter]

Hamish Hodder - Make Ivesting Geat Again

[@Allen-L-Canada]

Hamish, thanks for another great video! As always, your talk is clear and straight to the point. I like the examples you give to demonstrate how you patiently waiting for it to go down. When we see a stock is going up to all time high, we can't imagine one day in the future it will come down substantially. But via your examples, I get the confidence that great company do come down at some point in the long run. It's just a matter of time, and a matter patience.

[@WISERandHAPPIER]

If you are contrarian then you will make money during market crashes. Being patient will be rewarded. After a few years doing this you should be able to leverage other people's money. Interest rates are at an all time low - borrow money during a crash :-). Now is the time to do option trading while you wait for the next crash.

[@lahiruti]

Hamish, Great content. when do you consider exiting a stock? is it also on a set price model? Do you consider selling and gain the profit if they are substantially gained from buying price or keep if the business is doing great?.

[@victoreminefo8413]

Great video! What are your thoughts on REITS? Is the same method used to analyse such a stock?

[@ewoodism]

I rate the screen recording! If siphons how you teach and helps make it a lot more conceptual. You should throw more screen videos in the mix! Less time to develop it and probably increases the quality of what you're delivering. Like Sven!

[@HamishHodder]

Thanks for the feedback! Will definitely do this more often :)

[@jaroncorleone]

High Roic, low level of debt, good managment, wide moat. And your patience. Easy peacy! 🤪

[@brettambrose417]

To clarify, you used your pre-pandemic modelling to find a buy price of between $5 and $7, then post-pandemic your assumptions didn't change at all? Surely your target buy price would have dropped substantially under the uncertainty of Covid19

[@davidsaomi6493]

Question. I'm having a hard time deciding how expensive a business I own stock of should get before I should sell. Because rn I'm not finding a lot of opportunities, meaning that if I do sell I'll be holding lots of cash, but if my money stays in the business I'll get a low, but still positive return.

[@Jeff-ps5tg]

What does your spread sheet set the P/E ratio to on the buy price per share? Is that a way to adjust this?

[@HamishHodder]

There is no PE multiple applied. It's a sum (addition) of all the future cash flows added together to get the buy price