Focused Compounding

Ep 22. Tandy Leather Factory (TLF)

In this episode, Andrew and Geoff talk about Tandy Leather Factory (TLF), a stock Geoff wrote about at Singular Diligence back in 2015.    www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com  

Ep 21. NACCO industries, Inc $NC

In this episode, Andrew and Geoff go over NACCO Industries, a stock that Geoff personally has invested 50% of his portfolio in. They decided to revisit the stock due to it currently trading near Geoffs original buy-in price.    www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com

Ep 20. Habits For Becoming a Better Investor

In this episode, Andrew and Geoff go over habits they believe individuals should work to develop to become a better investor.      www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com    

Ep 19. All About Moats

In this episode, Andrew and Geoff go over the topic of investing in businesses with “moats”.      www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com  

Ep 18. The Two Types of Value Investing: Cheap vs. Quality

In this episode, Andrew and Geoff give their thoughts on the controversial topic of the two types of value investing: Cheap vs. Quality.       www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com

Ep 17. Investing in Net-Nets

In this episode, Andrew and Geoff talk about investing in Net-Nets.    www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com

Ep 16. Investing in Spinoffs

In this episode, Andrew and Geoff talk about their experience investing in spinoffs.    www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com

Ep 15. Q&A from Listeners: Part 3

In this episode, Andrew and Geoff answer questions that we asked on Twitter. The questions that were asked were:    1.Does capital gain tax affect your investing decision in terms of holding periods? Like if there is capital gain tax at all, will that affect how u invest in any way?    2.How valuable have you found the paying-member service level at data providers such as GuruFocus or Morningstar as a tool for initials checks on companies? What I mean is, when you first get interested in a company, is having access to long-term historical financial information a useful tool in getting a high-level sense of the business before diving deeper into the 10-K? Or are there other uses for this sort of data? For context, I consider reviewing the historical data in the 10-K an absolutely critical step in studying a business, but it is not simple to review that data and quickly get a sense of how margins and various components of a business have changed over time, and at times I wish I had access to a quick    3. What is your methodology for assessing management's honesty, operating ability, capital allocation skill, and incentives?   4.Why do investors consider low margin established brand companies as “good” while high margin tech or bio tech is risky and/or “bad”?   5.Could you give your thoughts on compounding through long-term investing vs. short-term trading? i.e. 20% annually over 30 years vs. 5% 100 times. What's the best way to turn a small amount of capital into a large amount of capital?   7.If “good” is stability then rent stabilized HUD housing leveled to the moon is “good”. So second Q. Why is the term good conflated with financial returns when discussing biz value? Bad biz can have good returns, but that isn’t a good biz       www.focusedcompounding.com   Thanks for listening, and be sure to sign up using the promo code **Podcast** to get $10 off your monthly subscription price forever.   Contact Andrew at:  Twitter: @Focusedcompound Email:  Andrew@pilotswmg.com   Contact Geoff at: Twitter: @GeoffGannon Email:  gannononinvesting@gmail.com