Around a third of the world is estimated to be under quarantine.
And that means most of us have more time in our hands.
We donโt have to waste our time.
There are productive ways to use our time to become smarter investors.
Even when we watch a Netflix (NASDAQ: NFLX) series.
With that in mind, one movie stands out for me โฆ Moneyball.
Moneyballing the world
Ok, Moneyball is not a movie about investing.
Moneyball follows the story of Oakland Athletics General Manager Billy Beane, who found himself in an impossible situation; He had to pull together a winning baseball team with the least amount of funds among its peers.
The conventional approach was not going to cut it.
With the help of his assistant, Peter Brand, Beane overturned the game of baseball by focusing on player statistics that few were watching.
To bring it back to investing, Beaneโs inspired approach should challenge us on whether we are focusing on the right things in a business or an industry.
For instance, in the case of Starbucks (NASDAQ: SBUX), does forecasting coffee bean prices matter to investors? Or is it more important to know that the coffee brewer has pricing power?
I reckon that the latter factor is far more important.
And as the saying goes, not everything that counts can be counted, and not everything that can be counted counts.
With share prices battered to multi-year lows, many attractive investment opportunities have emerged. In a special FREE report, we show you 3 stocks that we think will be suitable for our portfolio. Simply click here to scoop up your FREE copyโฆ before the next stock market rally.
Disclaimer: Chin Hui Leong owns shares in Starbucks and Netflix.