A short YouTube talk by Ndubuisi 'Andy' Egwim encouraging retail investors to focus on fundamentals rather than industry jargon. The speaker explains simple concepts like "shares outstanding," promises to show viewers where to find such data, and criticizes media investment pundits (notably a recurring CNBC analyst), arguing that ignoring their advice can lead to better outcomes.
Whenever you hear the term shares outstanding. And I'll show you how to find this thing for any company. It's all out there. It's not difficult. Don't let people move you with jargon. There's one particular analyst on cnbc, if you follow all his investment recommendation, you'll be homeless. If you do the opposite, you'll be fine. And there's actually an index that has tracked this particular analyst on CNBC and showing what he has been predicting to happen or talks about. And they just show that if you go the opposite way, you'll be fine. But people sound smart when they say outstanding shares, book value, shares, outstanding earning per share. But once you understand the fundamentals, you become a bit of a, I'll not say a dangerous investor. But you, you become a safer investor. You're dangerous to Mr. Market, who I'll introduce to you later, but in yourself. You know what you're doing. Nowhere good. It doesn't mean you not miss it sometimes, but you know where you missed it.
