This is Saul’s Board. Saul spends a lot of time and energy trying to maintain the high quality of this board and we should be thankful for it. One way to ease Saul’s burden is to RESPECT ‘HIS’ MONDAY MORNING RULES OF THE BOARD whether or not we agree with them.
Both versions of the Monday Morning Rules of the Board clearly state that only individual high-growth companies should be discussed, it means companies with at least 40% of revenue growth.
RULES OF THE BOARD - LONG VERSION
“This board is for the discussion and analyzing of individual high-growth companies in a cooperative and courteous manner and, secondarily, the philosophy around investing in them. (Usually high-growth currently means 40% revenue growth or more, although there are a few rare exceptions of companies we grandfathered in because many of us had been invested in the company for a long time before revenue growth gradually tapered off).” https://discussion.fool.com/monday-morning-rules-of-the-board-35…
RULES OF THE BOARD - SHORT VERSION
“We DO discuss and analyze individual high-growth companies. (Usually that currently means 40% revenue growth or more, although there are a few rare exceptions of companies we grandfathered in because many of us had been invested in the company for a long time before revenue gradually tapered off).” https://discussion.fool.com/monday-morning-rules-of-the-board-35…
If you don’t agree with Saul’s Rules, you can always start your own discussion board or follow other boards that do not have the above restrictions, see INVESTING STRATEGIES, https://discussion.fool.com/investing-strategies-10100.aspx or INVESTMENT ANALYSIS CLUBS, https://discussion.fool.com/investment-analysis-clubs-10101.aspx…. There are some of them, like Abandoned Arctic Outpost #13, The Mongoose Chronicles, New Paradigm Investing, Where Angels Fear to Tread, that were started or are followed by people who follow this board or post here.
Please respect Saul’s Rules of the Board and take your discussions of companies that do not qualify under Saul’s Rules to those other boards. Thank you!
THE PURPOSE OF SAUL’s DISCUSSION BOARD
Saul’s board has the singular focus of analyzing and discussing individual, rapidly growing, disruptive companies. That means that certain topics and basic questions that are acceptable on other boards are not appropriate here. We are trying to keep our discussions as advanced and detailed as possible and encourage you to chime in, provided your comments are on-topic and within the guidelines outlined in the Monday Morning Rules of the Board, see above and the links below.
Saul’s board has grown tremendously in recent years, and Saul has had to establish rules, usually published every Monday morning, to keep off-topic and non-contributing posts to a minimum. Thank you notes to Saul are best incorporated into posts discussing our rapidly growing companies instead of a separate, one-line post.
Saul has also engaged several assistant board managers, who will remind posters when they veer off topic, and stop off-topic threads from continuing. The names of the Assistant Board Managers, and the DO’S and DONT’S for this board are found here:
Monday Morning Rules of the Board
Please remember that these ARE the rules of the board. If you are unhappy with them, or feel that they are too restrictive for you, no one is keeping you on the board. You can leave whenever you want. You should know though that this board has been very successful, and is a real treasure, for a great number of people.
If you are new to investing, we strongly recommend subscribing to one or two of the Fool’s paid services specializing in high growth companies where basic investment questions are welcome and handled by paid staff.
Stock Advisor, https://www.fool.com/premium/stock-advisor/landing/
Rule Breakers, https://www.fool.com/premium/rule-breakers/landing/
The Motley Fool and especially Saul’s board are different from reddit, Twitter, Facebook, or Yahoo were snappy little one-liners may be welcome. To help you get oriented, TMF publishes The Motley Fool’s Community Posting Guidelines, https://www.fool.com/community/posting-guidelines/. We urge you to read them and study the links provided below.
This link will lead you to articles on
How to Write a Post https://support.fool.com/hc/en-us/sections/360005717094-Disc…, including an article on
To profit most from this highly focused board, we suggest reviewing the links below to Saul’s investing approach and philosophy, especially The KnowledgeBase many of us have read and reread several times. The knowledge contained therein is priceless, and for many of us here, it has been literally life-changing. Since this board has attracted many well-informed, analytical minds, including industry insiders, we also found a review of several months worth of prior posts extremely helpful. All of this valuable information is given generously and freely to help us be better investors.
An Introduction to Saul’s Investing Philosophy
A superb introduction to Saul’s development as an investor is his letter to his daughter, followed by the first five references, posted on the right panel on any post on this board, under “Announcements.” If the announcements panel does not show up on the right, click “unthreaded” and it will. You can shift back to “threaded” and the panel should remain, at least until next time.
In addition, Saul’s End of Month Summaries provide insight into each of his investing decisions. Several other investors provide extremely useful end of month summaries as well.
1. An investing primer for my daughter, https://discussion.fool.com/an-investing-primer-for-my-daughter-…
2. KnowledgeBase in three parts, is Saul’s compilation of his basic investing philosophy:
Saul has picked several of his classic posts to aid you. Here they are:
3. How I pick a company to invest in, https://discussion.fool.com/how-i-pick-a-company-to-invest-in-33…
4. Why my investing criteria have changed, https://discussion.fool.com/why-my-investing-criteria-have-chang…
5. Why it Really is Different – (SaaS companies and subscription software), https://discussion.fool.com/oh-this-time-it8217s-different-33123…
6. Category Crushers, https://discussion.fool.com/category-crushers-and-my-portfolio-3…
7. Here is a recent example of how Saul evaluates and follows a stock:
part 1, https://discussion.fool.com/zscaler-a-deep-dive-into-my-notes-pa…
part 2, https://discussion.fool.com/zscaler-a-deep-dive-into-my-notes-pa…
You will also find many excellent deep dives by other investors on the board.
8. Saul’s End of Month Portfolio Summaries, https://docs.google.com/document/d/1yF_lLGs3pI4SPcYOfIvpO5FY…
OTHER HELPFUL LINKS FOR FINDING YOUR WAY AROUD THIS BOARD
1. How to find out if a stock has already been discussed, see the search tools below, also to be found on the right-hand panel:
1.1. Datahelper Search (Mark’s multi-board Search), http://www.datahelper.com/mi/search.phtml
1.2. Easy Stock Search (Greg, sarksnz, Board Member’s Saul-only Search), https://easystocknumbers.com/search.html
2. How to present a new growth stock in a format that will generate lots of engagement. Tossing out a simple “What do you think about XYZ” onto this board won’t cut it. You have to tell us about the company, what it does, and why you like it. Here are a few examples of SaaS companies and other fast-growing companies currently not the focus of this board:
2.1 Discussion of SaaS-type companies currently the focus of this board:
a. Introductions to a Stock, examples:
• PagerDuty (PD), https://discussion.fool.com/pagerdutypd-a-deep-dive-34191497.asp…, and
• Slack (WORK) IPO, https://discussion.fool.com/slack-ipo-a-first-look-34208321.aspx…
b. Earnings Follow-up Notes, examples:
• Alteryx (AYX), https://discussion.fool.com/alteryx-q120-and-its-new-apa-platfor…, and
• MongoDB (MDB), https://discussion.fool.com/mdb-quick-and-dirty-34223901.aspx?so…
2.2 Fast-growing companies not currently the focus of this board but welcome if presented as follows:
a. Introduction to a New Stock
• Peleton (PTON), https://discussion.fool.com/introduction-to-pton-34527814.aspx?s…
• CarGurus (CARG), https://discussion.fool.com/cargurus-carg-a-2017-ipo-winner-3401…
b. Earnings Follow-up Notes
• DocuSign (DOCU), https://discussion.fool.com/docu-q2-34609983.aspx
• Carvana (CVNA), https://discussion.fool.com/my-ongoing-case-for-cavana-34213744…
3. CMF_muji’s Distilling Knowledge, a summary of accumulated wisdom from many of this board’s members, outlining the investing criteria for hypergrowth stocks, https://discussion.fool.com/distilling-knowledge-34529397.aspx.
4. If you are an investing novice and you are looking for basic information, we have prepared a list of good references for you. It is posted on another board so as to not clutter up this board. I have linked to it here: https://discussion.fool.com/for-investing-novices-34193680.aspx
5. List of Discussion Boards for Topics not suitable for Saul’s Discussions, https://discussion.fool.com/i-thought-it-might-be-useful-to-prov…
6. How to send an EMAIL off-board
Hit the “post reply” button, un-check the box "Post this Reply to the Boards,” then check the box “Email this Reply to the author.” The boxes are beneath the text field. Note that when you send such a private reply, the other person will then have your e-mail address.
We hope that this was of help,
Saul and Assistant Board Managers