Stephen Read (@StephenReadHIT) header
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Stephen Read

@StephenReadHIT

I help ambitious professionals 35+ expedite their path to financial independence through customized planning & strengthened investments. FI at 35, 2x retired

 Houston, TX
hitinvestments.com
Joined September 2014
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An unproven drug isn't worth zero nor its best case.
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Behavioral hiccup: the law of the instrument. When the only tool you know is a hammer, all your problems look like a nail.
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Learn. Build. Learn with AI, Build, Invest.
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Here are a few of the questions I use, that do change:
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Restaurants: What does a mature store earn? A price increase with falling traffic isn't pricing power. Industrials: Where does the cycle stand today? A trough isn't normal, and neither is a peak. Biotech: What are the odds of approval? What is the size of the market?
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Banks: How cheap and stable are the deposits, what loans will lose, and how much over a full cycle? Software: How many customers stay, and is a customer worth more than it costs to win? Utilities: What does the regulator allow it to earn, and what does it earn in practice?
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The main lesson: a bank, a software company and a restaurant chain don't make money the same way, so one set of questions doesn't work. I don't want to niche down, I want to go where the opportunity lies, so I need to learn what is important for that specfic company I am
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There are some things that stay the same source evidence is key, and as much as AI wants it too, the current share price is not the source for intrinsic value.
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analyzing.
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AI improves, I improve, the research improves.
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HIT Capital's micro-cap stock research started with one AI prompt. Then two. Today I have nine, and counting.
Image from Stephen Read (@StephenReadHIT)
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Every recommendation gets a dollar figure.
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That's one of my goals: clarity you can run yourself.
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Do you know what your next three money decisions are worth?
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