In investing, you should know what ‘not’ to buy rather than always focusing on what to buy.
Once you know what to avoid, the process gets filtered.
In our Fundamentals Analysis workshops too, extensive emphasis is put on what to avoid, what are the red flags, risks & dangers.
Once you control the risk, the margin of safety improves which in turn protects your capital.
Over a period of time, if your capital is safe, you’re bound to make money in stock market.
Return Of Capital is more important than Return On Capital.