◆ Price is what you pay, value is what you get◆ Support is a zone, not a line◆ Volume confirms moves◆ Risk first, reward second◆ Earnings ≠ cash flow◆ Diversify across uncorrelated risks◆ RSI measures momentum, not direction◆ P/E needs context◆ Price is what you pay, value is what you get◆ Support is a zone, not a line◆ Volume confirms moves◆ Risk first, reward second◆ Earnings ≠ cash flow◆ Diversify across uncorrelated risks◆ RSI measures momentum, not direction◆ P/E needs context

Glossary

Terms, defined plainly

CapexFundamentals: Capital expenditure: cash spent on long-lived assets such as property and equipment.; Lesson: Cash flow and free cash flow
Working capitalFundamentals: Short-term operating assets minus liabilities; its changes consume or release cash.; Lesson: Cash flow and free cash flow