Fundamental Analysis (An Introduction)
At the Heart of Long-Term Investing In the world of stock investing, the journey to building real, sustained wealth rarely lies in short-term speculation or riding price momentum. For a long-term investor, the most reliable foundation is fundamental analysis: an in-depth, disciplined process of assessing the intrinsic value of a business. Rather than chasing trends or price charts alone, fundamental analysis helps us understand what a company truly is: the strength of its business model, the quality of its management, its financial health, and its growth potential. By anchoring our investment decisions in fundamentals, we aspire to buy companies that are undervalued by the market, hold them through cycles of volatility, and let compounding do its work. PESAWALA Digest hereby explores fundamental analysis in detail: its principles, the tools and techniques, how to interpret financial statements, and how it supports a long-term investing mindset. What Is Fundamental Analysis? Fundamental...