Cohort 3

Brian Feroldi

Brian Stoffel

Financial Statements Explained Simply

Microsoft

Pfizer

Coinbase

Teach For America

Yet, the vast majority of professionals can't read financial statements. This 2-week course will teach you how to find, read, and interpret financial statements like a pro. These skills will make you a better investor and accelerate your career.

Accounting is the language of business

Investors who want to learn how to analyze a business and manage their own portfolio.

Ambitious leaders and professionals who want to advance their careers by gaining fluency in financial statements.

Entrepreneurs who want to learn how to see their business through the eyes of an investor.

Who is this course for

Key outcomes

You'll discover where to look for trusted data that leads to stellar financial decisions.

Locate important information

You'll know what each item represents on an <a href="https://longtermmindset.co/income-statement-explained-simply/" rel="noopener noreferrer" target="_blank">income statement</a>, <a href="https://longtermmindset.co/balance-sheet-explained-simply/" rel="noopener noreferrer" target="_blank">balance sheet</a>, and <a href="https://longtermmindset.co/cash-flow-statement-explained-simply-2/" rel="noopener noreferrer" target="_blank">cash flow statement</a> — and how the <a href="https://longtermmindset.co/introduction-to-financial-statements/" rel="noopener noreferrer" target="_blank">financial statements</a> work together.

Analyze financial statements

Learn how to identify warning signs in financial statements that can reveal trouble on the horizon.

Identify Yellow + Red Flags

Learn the key numbers &amp; metrics that the best investors focus on when they analyze a business.

Think like an investor

You'll be able to quickly identify the key variables that truly matter in the long-run.

Separate noise from signal

Learn how a few simple calculations will empower you to analyze financial statements in minutes.

Calculate useful ratios

We start with an overview of the three financial statements. We then look at the balance sheet in detail. We review every line item and then analyze the balance sheets of several public companies. FREE BONUS: A downloadable cheat sheet + full transcript of the live session with Q&amp;A

Balance Sheet - Foundations

On day 2, we study the income statement. We walk through the statement line by line. We then examine the income statements of several public companies. FREE BONUS: A downloadable cheat sheet + full transcript

Income Statement - Foundations

Day 3 starts with an overview of the statement of cash flows. We study each line in detail and then analyze the cash flow statements of several well-known businesses. FREE BONUS: A downloadable cheat sheet + full transcript

Cash Flow Statement - Foundations

On day 4, we return to the balance sheet for a more rigorous analysis. We calculate several helpful ratios, learn how to spot yellow + red flags, and analyze several complex balance sheets. FREE BONUS: A downloadable cheat sheet + full transcript

Balance Sheet - Advanced Analysis

On day 5, we return to the income statement for a more detailed discussion. We learn how to calculate margins, spot warning signs, and analyze several tricky income statements. FREE BONUS: A downloadable cheat sheet + full transcript

Income Statement - Advanced Analysis

On day 6, we cover the cash flow statement again, this time with a much more rigorous analysis. We calculate ratios, learn how to spot yellow flags, and analyze several complex cash flow statements. FREE BONUS: A downloadable cheat sheet + full transcript

Cash Flow Statement - Advanced Analysis

It's time to put your new skills to the test! Each student will analyze the financials of a company of their choosing. We will review the submissions together and discuss the strengths and weaknesses of several businesses.

BONUS Session - Student Practice

Course syllabus

Don't Take Our Word For It:

Student Improvement: Before & After

What Course Alumni Think:

Mon, Jan 8 - Balance Sheet 1Wed, Jan 10 - Income Statement 1Mon, Jan 15 - Cash Flow Statement 1Wed, Jan 17 - Balance Sheet 2Mon, Jan 22 - Income Statement 2Wed, Jan 24 - Cash Flow Statement 2Thurs, Jan 25 - Putting it all together

January 8th, 2024

9:00 AM - 10:15 AM PST5:00 PM - 6:15 PM BST10:30 PM - 11:45 PM IST Every class starts with 30 minutes of instruction followed by 45 minutes of case studies, Q&amp;A, and homework review. Each class is followed by an optional 30 minutes of small group discussion.

Monday & Wednesday

Ask us anything format! Thursday, Jan 11th, 12 PM - 1 PM ESTThursday, Jan 18th, 12 PM - 1 PM EST

Office Hours!

Course Schedule

If you attend the sessions, actively participate, and still don’t find the course valuable,&nbsp;we’ll happily refund your payment in full. Simply let us know before the end of the 4th class, and we will issue you a speedy refund.

Money Back Guarantee

100% Risk-Free

Meet your instructor

Frequently Asked Questions

Why Take This Course?

Author, Speaker, Decision Strategist, and Former Professional Poker Player.

Founder Contrarian Thinking, Investor, Entrepreneur

Content creator. 230,000+ Twitter followers

What Others Say About Brian & Brian:

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BONUS! You'll receive a copy of our free accounting ebook!

Still not sure?

This course focuses on live workshops and hands-on projects

Active, not passive

You’ll be learning in public through breakout rooms and an engaged community

Learn with a cohort of peers

Ensure that lessons have sunk in by practicing the necessary skills and checking for understanding

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