Let's have a final recap of the things we have learned throughout the course shall we. To become a master investor, you have to follow this process. The very first thing to do is to get your foundation right know how it works, and the important people behind the scenes that make it happen. Understand the common investment misconceptions and avoid making them. Next we begin the four vital steps. Step A, which is about creating a list of potential reads by using online screeners.
Customize the filters according to your competence and look out for performance, consistency and track records. Step B, which is about picking exceptional reads from your list using the hlm framework, then when it comes to step C. Step C is all about determining the worth of a reap via valuation model so that are propelled by logic, grounded by reasonable conservatism and made simple by Occam's razor. And then last, but certainly not the least is step D, which is about keeping track and managing the risks associated with every route that you bought. With that said, I would like to thank you for spending the time to listen and understand the concepts taught throughout this course. It shows how serious you are towards the goal of increasing your knowledge and wealth. As my parting gift, the final tip I want to share with you is about the concept of leverage.
Look at this picture, what do you see? Do you see the black dots how many black dots are there in between those gray lines? Pause the video if you need more time to count. Okay, if your answer is 12, you are correct, but can you see all of them at once? quite unlikely correct. Similarly, when it comes to investing, sometimes even a master repeat investor cannot see the full picture and might make mistakes in the process.
What makes an exceptional reach to you might be a mediocre reach to another. So to better yourself, you have to leverage on others knowledge and experiences. Share learning points benefit from others discovery as others benefit from yours. If you're interested to find other talented investors to leverage on, simply search for this Facebook group and like the interest page, I will provide this link under the course section, section six. So do check it out. It's 100% free, and the benefits are enormous.
In this interest page, we will talk about rates hold discussions, get alerts on some of the other types of dividend yielding investments. And you can also ask me any questions regarding rates in Singapore or in the US? Well, the decision is yours. So if this is the last time I'm speaking to you, then thank you once again for picking up this course. And all the best to you and your journey towards financial independence. You can do it