In this episode of Intelligent Investment Today , we complete our trilogy of financial statement analysis by exploring the cash flow statement through the lens of Benjamin Graham. Why do experienced investors place so much importance on cash generation? Because while profits can be adjusted and narratives can mislead, cash flow often reveals the underlying economic reality of a business. We examine operating cash flow, free cash flow, capital allocation, financing decisions, and the critical dif...
Jun 30, 2026•17 min
Benjamin Graham believed that intelligent investing begins with understanding the real economics of a business. In this episode, we explore the income statement and the critical role it plays in determining intrinsic value. From stable earnings and operating margins to interest coverage and accounting scepticism, we examine how Graham-style investors separate durable businesses from temporary success stories. A discussion on financial discipline, long-term thinking, and the enduring importance o...
Jun 23, 2026•17 min
In this episode of Intelligent Investment Today , we return to the foundations of classic value investing and explore the discipline Benjamin Graham considered essential: balance sheet analysis . While modern markets obsess over stories, growth narratives, and technological excitement, Graham insisted that intelligent investing begins with something far more concrete — financial reality . Drawing directly from Graham’s principles, we break down why assets, liabilities, liquidity, and debt matter...
Jun 16, 2026•16 min
In this episode of Intelligent Investment Today , we take a deep dive into the world of bonds and fixed income investing — and explore why Benjamin Graham believed many investors misunderstood the risks involved. While bonds are often presented as “safe” investments, the reality is far more complex. We examine the critical differences between government bonds, corporate bonds, secured debt, unsecured debt, senior debt, subordinated debt, and high-yield bonds. You’ll learn: What bonds actually ar...
Jun 09, 2026•19 min
What can a mindset book teach us about investing? In this episode of Intelligent Investment Today , David Coombs explores the surprising connection between The Subtle Art of Not Giving a F*ck and the principles of value investing. From ignoring short-term market noise to staying disciplined during volatility, this episode examines how selective focus, emotional control, personal responsibility, and long-term thinking can shape better investment decisions. Because successful investing is not abou...
Jun 02, 2026•14 min
In this episode of Intelligent Investment Today , we explore a powerful and often overlooked idea attributed to Warren Buffett: “If your salary is your only income, you are only one step away from poverty.” At first glance, the statement may seem extreme. But as we unpack it, a deeper message emerges — one about financial vulnerability, behavioural habits, and the true foundations of long-term wealth. This episode examines why relying on a single income source creates risk, regardless of how muc...
May 26, 2026•13 min
In this episode of Intelligent Investment Today , we explore Common Stocks and Uncommon Profits by Philip Fisher — a book that takes investing beyond the numbers and into the heart of the business itself. While traditional value investing, as taught by Benjamin Graham, focuses on valuation and margin of safety, Fisher introduces a different perspective: the importance of business quality, long-term growth, and exceptional management. This episode examines Fisher’s distinctive approach, including...
May 19, 2026•13 min
In this episode of Intelligent Investment Today , we analyse The Coca-Cola Company through the lens of value investing. Often regarded as one of the most recognisable and durable businesses in the world, Coca-Cola offers a powerful case study in simplicity, brand strength, and competitive advantage. But as every disciplined investor knows, a great business is not always a great investment. Drawing on principles popularised by Warren Buffett and Benjamin Graham, we explore: Why Coca-Cola is such ...
May 12, 2026•15 min
In this episode of Intelligent Investment Today , we explore the early life and formative experiences of Warren Buffett — one of the most influential investors in history. From his childhood fascination with numbers and small entrepreneurial ventures in Omaha, to his first lessons in the stock market and the pivotal influence of Benjamin Graham, Buffett’s journey is a masterclass in the development of disciplined, long-term thinking. We examine the investments that shaped his philosophy — includ...
May 05, 2026•15 min
In this episode of Intelligent Investment Today , we explore a subtle but critical question for investors: how much should we trust management? Drawing on the insights of Benjamin Graham, the father of value investing, we examine why even the most disciplined investors must be cautious when evaluating the people running a business. From Graham’s famous “moustache” anecdote to the challenges of assessing leadership from the outside, this episode uncovers the hidden role of bias, perception, and o...
Apr 28, 2026•13 min
In this episode of Intelligent Investment Today , we take a deeper dive into one of the most overlooked works by Benjamin Graham — Storage and Stability. While Graham is best known for The Intelligent Investor and Security Analysis , this lesser-known book reveals a broader and more ambitious side of his thinking—one focused not just on investing, but on economic stability itself . We explore Graham’s concept of “storage” as a mechanism for stabilising commodity prices, his proposal for a commod...
Apr 24, 2026•16 min
When markets turn volatile, many investors do the same thing: sell, step back, and move into cash. It feels safe. It feels smart. But what if that instinct is quietly working against you? In this episode, we unpack the rush to cash during times of crisis — and reveal the less visible risks that come with it, including inflation, missed opportunities, and long-term wealth erosion. A must-listen for anyone looking to think more clearly and invest more intelligently during uncertain times. Support ...
Apr 17, 2026•13 min
Why did Charlie Munger say the first $100,000 is the hardest to earn—and what does that mean for your investing journey? In this episode of Intelligent Investment Today , we break down one of the most powerful (and often misunderstood) ideas in value investing. Alongside insights from Warren Buffett’s long-time partner, we explore why the early stages of building wealth feel slow—and why that’s completely normal. You’ll learn: The real meaning behind the $100,000 threshold theory How compounding...
Apr 10, 2026•13 min
Would the father of value investing ever buy Bitcoin? In this episode of Intelligent Investment Today , we explore how the principles of legendary investor Benjamin Graham might apply to the modern world of cryptocurrency. Long before digital assets existed, Graham established the foundations of value investing , teaching investors to focus on intrinsic value, thorough analysis, and the famous concept of the margin of safety . But how would those ideas hold up when applied to assets like Bitcoin...
Apr 03, 2026•15 min
Benjamin Graham is widely known as the father of value investing and the mentor to Warren Buffett. Most investors associate Graham with undervalued stocks, intrinsic value, and the famous concept of the margin of safety. But Graham believed intelligent investing involved much more than stock selection. In this episode of Intelligent Investment Today , we explore Benjamin Graham’s views on bonds — a crucial but often overlooked component of a well-balanced portfolio. We discuss: • What bonds actu...
Mar 27, 2026•15 min
Geopolitical tensions can shake financial markets within hours. Headlines intensify, oil prices surge, and investors often react emotionally. But how should disciplined investors respond? In this episode of Intelligent Investment Today , we explore how the timeless principles of value investing — first articulated by the legendary investor and teacher Benjamin Graham — can help investors remain rational during periods of geopolitical uncertainty. Using the current tensions in the Middle East as ...
Mar 20, 2026•12 min
Even the greatest investors make mistakes. In this episode of Intelligent Investment Today, we examine five of the most instructive errors made by Warren Buffett - Graham's most famous student - and explore what they reveal about the true practice of value investing. From the costly acquisition of Dexter Shoe to missed opportunities like Amazon, these moments of misjudgement illuminate principles that matter more than isolated success: durability, cyclicality, adaptability and opportunity cost. ...
Mar 13, 2026•16 min
Why do so many value investors live modestly, drive unfashionable cars, and get strangely excited about discounted groceries? In this episode of Intelligent Investment Today , we explore the surprising connection between frugality and value investing — and why the principles taught by Benjamin Graham often extend far beyond the stock market. From dented tins of beans to £5,000 sports cars, we examine how concepts like margin of safety , intrinsic value, and capital allocation quietly reshape eve...
Mar 06, 2026•13 min
In this episode of Intelligent Investment Today , we explore one of the most frustrating experiences in investing: watching carefully chosen undervalued stocks underperform for months — or even years — while speculative assets surge. Drawing on the teachings of Benjamin Graham, widely regarded as the father of value investing and mentor to Warren Buffett, we examine why value investing can feel ineffective in the short term — and why that discomfort may actually be part of the strategy’s long-te...
Feb 27, 2026•13 min
Warren Buffett is widely celebrated as the greatest stock picker of all time. But what if that popular belief misses the real source of his success? In this episode of Intelligent Investment Today , David Coombs explores a provocative idea: Buffett’s enduring advantage is not stock selection — it is capital allocation. From his early days applying Benjamin Graham’s value investing principles to the transformation of Berkshire Hathaway into a permanent capital allocation machine, we examine how B...
Feb 20, 2026•13 min
In this episode of Intelligent Investment Today , we step away from stock prices, market forecasts, and short-term noise to explore how one of history’s greatest investors actually thought. Charlie Munger, long-time partner of Warren Buffett and vice chairman of Berkshire Hathaway, believed that investment success was not driven by complex formulas or superior intelligence—but by sound judgment, emotional discipline, and the consistent avoidance of obvious mistakes. His influence fundamentally r...
Feb 13, 2026•15 min
What does it take for a company to survive—and thrive—for the next 100 years? In this episode of Intelligent Investment Today , David Coombs introduces the 100-Year Stock Test , a long-term value investing framework inspired by the principles of Benjamin Graham and enduring business fundamentals. Instead of chasing short-term market trends, this episode challenges investors to think like long-term owners and focus on resilience, durability, and structural strength. You’ll learn why most companie...
Feb 06, 2026•15 min
In this episode of Intelligent Investment Today , we explore the dark side of finance by examining some of the worst balance sheets in modern corporate history . Instead of celebrating great businesses, we analyse how Enron, Lehman Brothers, and WeWork —once admired, widely owned, and highly praised—were ultimately destroyed by weak financial foundations. Each of these companies appeared successful on the surface, but beneath the headlines and hype were excessive leverage, hidden liabilities, po...
Jan 30, 2026•12 min
Are net-net stocks —Benjamin Graham’s most extreme value-investing strategy—still alive in today’s hyper-efficient markets? In this episode of Intelligent Investment Today , David Coombs revisits the legendary net-net investing strategy , a deep-value approach made famous by Benjamin Graham, and examines whether it still works in 2026 . Once considered the purest form of margin of safety , net-net investing involves buying stocks for less than their net current asset value , often paying less th...
Jan 23, 2026•14 min
What would happen if the stock market shut down for an entire year — no trading, no price quotes, no daily volatility? In this episode of Intelligent Investment Today , we explore a powerful thought experiment inspired by Benjamin Graham , the father of value investing and mentor to Warren Buffett. By imagining a world without market prices, we strip investing back to its essentials and confront the timeless distinction between price and value , speculation and investment , and activity and inte...
Jan 16, 2026•13 min
Are financial markets truly efficient, or are they driven by emotion, fear, and human error? In this episode of Intelligent Investment Today , we take a deep but accessible look at the Efficient Market Hypothesis (EMH) and place it head-to-head with the philosophy of Benjamin Graham , the father of value investing. We explain what EMH really means, why it appears convincing in theory, and why it often falls apart in the real world. Drawing on Graham’s famous concept of Mr. Market , we explore ho...
Jan 09, 2026•16 min
Most investors associate value investing with stock markets, balance sheets, and ticker symbols. But Benjamin Graham never said value investing was about stocks — he said it was about the intelligent allocation of capital. In this episode of Intelligent Investment Today , we explore how the core principles of value investing apply just as powerfully to private businesses as they do to listed companies. Using the example of a small, independent grocery store, we ask how a value investor — in the ...
Jan 02, 2026•16 min
In this special episode of Intelligent Investment Today , we explore value investing through the lens of the Seven Deadly Sins — revealing how Pride, Greed, Envy, Wrath, Sloth, Gluttony, and Lust quietly sabotage investor decisions every day. Drawing on the timeless wisdom of Benjamin Graham , we examine how emotional impulses, market hype, and behavioral biases can derail even the smartest investors. Each sin takes the stage as we uncover: How Pride fuels overconfidence and destroys discipline ...
Dec 26, 2025•14 min
In this episode of Intelligent Investment Today, host David Coombs takes listeners on a deep-dive into a fictional company - North West Widgets - to explore how Benjamin Graham and Warren Buffett might each evaluate the same investment opportunity. If you have ever wondered how value investors think - or how to apply classic value-investing principles to real-world companies - this episode offers a clear, entertaining walkthrough. #valueinvesting #BenjaminGraham #WarrenBuffett #intrinsicvalue #m...
Dec 12, 2025•12 min
In this episode of Intelligent Investment Today, host David Coombs breaks down one of the most essential - and most misunderstood - principles in all of investing: the true difference between investment and speculation. Drawing from the timeless wisdom of Benjamin Graham, mentor to Warren Buffett and father of value investing, David explains why so many market participants think they are investing when really they are speculating - and why that confusion can lead to dangerous, unintended riaks. ...
Dec 05, 2025•13 min
