The 5 filter every stock must pass before I allocate a dollar.


1. Trading below intrinsic value at entry.
2. Has a moat.
3. Has pricing power.
4. Has a durable competitive advantage.
5. OK to hold the shares long term if assigned.
Every. Single. Box.
Miss one. It is a no.
95% of the companies I look at fail this filter.
That's fine!
The name of the game in investing is saying no.
Not finding reasons to say yes.
When all 5 boxes hit.
I allocate.
The filter does not care about hype.
The filter does not care about your feelings.
The filter does its job.
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