Teaminvest

Insights

How Value Investors Really Define Risk (And Why It Has Nothing to Do With Volatility)

Most investors measure risk by watching share prices move. The investors who build lasting wealth use a different definition entirely,

Insights

When Good Earnings Crash Share Prices: The Value Investor’s Reporting Season Advantage

Every February and August, Australian markets hand prepared investors an advantage most participants never see: the gap between a company’s

Insights

How To Tell When A Market Story Has Outrun The Facts

Why do smart investors keep paying too much for a good story, and too little for a good business caught

Insights

Why Volatility During Reporting Season Rewards Patient Investors

Reporting season moves faster than most investors can properly digest, and that mismatch is exactly where genuine value hides. Here’s

Insights

Why a Great Result Can Still Send a Share Price Down

A record profit can still send a share price tumbling, and a disappointing result can sometimes send it soaring. Here’s

Insights

Why Avoiding Losers Beats Picking Winners in Investing

Every investor is active — even buying an index is a decision, and by definition one that can never do

Insights

When Your Winning Investment Becomes Your Biggest Risk

When does a winning investment become a concentration risk? A patient investor’s framework for trimming, holding, and knowing the difference.

Insights

The Small-Cap Signals That Actually Predict Compounding

Utilities, industrials and materials quietly beat tech and healthcare in FY26. Here’s what the pattern means for patient investors heading

Insights

Why the Best Investors Focus on What Could Go Wrong

Most investors ask what they should buy. The sharper question — and the one that actually protects long-term returns —

Insights

The Quiet Opportunity: Why Quality Companies Are Trading at 20-Year Valuation Lows

The most reliable businesses in the market are being ignored. While capital crowds into a narrow band of AI-adjacent names,

Insights

Great Product, Weak Business: Why Product Quality Is the Wrong Test for Investors

Not every great product makes a great investment. The businesses that quietly compound wealth for decades are rarely the ones

Insights

Inflation, Pricing Power & Why Australian Banks Worry Us

Inflation is back in focus for Australian investors — and the question isn’t whether it matters. It’s how to respond

The Conscious Investor Method

3 steps to identify great share market investments

Thank you for buying my book!

I wrote it to help fellow investors improve their returns using the Conscious Investor Method — the same methodology used by Teaminvest members, whom I coach. It has made a significant difference to my own returns and to those of many members.

Of course, your results will depend on how well you manage your emotions, how diligently you apply the method, and on market sentiment itself. Please undertake your own due diligence on the material presented and any companies discussed.

If you've found this page, you're clearly after more — so welcome, and well done for digging deeper.

The ARB Case Study

Throughout the book, I explain the three key financial statements and the ratios every investor should understand. To bring these to life, I use Australian vehicle accessory manufacturer ARB Corporation Ltd as a case study — their financials are refreshingly straightforward.

Note that ARB's figures update twice a year: interim results at the end of December, and annual results at the end of June.

Downloads

All the figures and tables from the book are compiled in a single reference document:

Download PDF

If you prefer to work with a printout beside you as you read (and save some trees), this 10-page excerpt covers the financial statements and the most important figures:

Download PDF

For ARB's latest results, download their current reports directly from www.arb.com.au.

Errata

Page 33

Tip: change 105 to 115.

Page 120

Total return should be 6.7% (4.0% dividend + 2.7% retained growth), not 10.7%, which double counts the dividend (paid out of earnings).

Page 143

TNE's daily turnover of 740K shares out of 372M ordinary shares is 0.2%, not 20%. So 99.8% remain passive.

Page 157

Table 9 quotes ARB's EPS & SPS as 1.40¢ & 7.642¢ per share. They should be $1.40 and $7.642 respectively.

If you have any feedback or further questions, I’d love to hear from you, email me at keithf@teaminvest.com.au.
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