A thesis, or dissertation (abbreviated diss.), is a document submitted in support of candidature for an academic degree or professional qualification presenting the author's research and findings. In some contexts, the word "thesis" or a cognate is used for part of a bachelor's or master's course, while "dissertation" is normally applied to a doctorate.. This is the typical arrangement in TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis Strategic Planning and Decision Making in State Departments of Transportation examines state and provincial transportation departments' experience with strategic planning and synthesizes current approaches to linking strategic planning with other decision-making processes, including operational and tactical 3. The refusal to decriminalize abortion is inextricably linked to the sovereign decision. The progressive confusion between Zoe and Bios is anything but innocent; it is at the base of the modern concept of sovereignty. Should abortion be legal thesis statement? The sovereign is the one who can decide who has the right to die and live
What Is an Investment Thesis? | The Motley Fool
Investing is a process. One important task an investor should perform before putting money into an opportunity is to develop an investment thesis. An investment thesis is a written analysis laying out the case for why an investment opportunity should generate a compelling return.
Here's a closer look at how to build an investment thesis and why it's essential to create one. Many people make the mistake of investing their hard-earned money into opportunities they don't fully understand.
Maybe they received a tip on a hot stock at a party or got caught up in the frenzy of meme stocks and cryptocurrencies on social media.
Perhaps that investment has now lost value, and they're not sure whether they should buy moresellor continue holding. An investment thesis can help solve this problem. By creating a thesis on why you believe an investment will deliver an attractive return, you can use it as a guide to determine your next step when the investment experiences a large decline or some disturbing news emerges. You can measure those factors against make or buy decision thesis original thesis to see if it remains intact.
If the thesis hasn't changed, make or buy decision thesis, you can continue holding or potentially increase your investment. However, if you found that the thesis is busted, you can sell your investment and move on. It's important to take the time to write a well-thought-out and thoroughly researched investment thesis. That will allow you to easily make sense of it for future reference. Here are four easy steps for writing an investment thesis. The first step in writing an investment thesis is to determine and then outline the catalyst driving your investment thesis.
For example, are you interested in the long-term upside from a secular trend or economic supercycleor a shorter-term rebound from the economic cycle or a bear market?
Write out the primary reason you believe this investment has attractive upside potential. Next, look at how the particular investment opportunity compares to others that benefit from the same catalyst. Is it the largest publicly traded company focused on this opportunity? Smaller but with more upside potential? Does it align with a particular long-term investment strategy? Will it help you with balancing your portfolio? Write out why this investment is a solid choice to benefit from this catalyst.
As the saying goes, the best-laid plans often go awry. That's why it's vital to consider what will happen to this particular investment opportunity if something goes wrong.
Some examples to consider:. Consider and jot down anything that could negatively impact this investment. Finally, write down your expected return from this investment and how much conviction you have in its ability to achieve that return, make or buy decision thesis. By going through these steps and writing a detailed investment thesis, you can proceed with confidence, make or buy decision thesis.
Further, you can reference it in the future to ensure your thesis is playing out as expected. If not, you can make changes to your investment. An investment thesis doesn't need to be that long. It just needs to contain the most important factors driving your decision to invest in a particular opportunity. Here's a simplified example based on my investment thesis for Brookfield Renewable NYSE:BEP NYSE:BEPCone of my largest holdings:.
Renewable energy is make or buy decision thesis of the biggest megatrends of our lifetimes. One of the leaders in this energy transition is Brookfield Renewable. It has one of the largest globally diversified renewable energy platforms and an even bigger pipeline of development projects.
Brookfield also has an extensive track record of creating value from make or buy decision thesis sector, including two decades of steady income and dividend growthdriving superior performance. Brookfield is also well positioned to navigate the biggest risk facing the industry — access to low-cost capital to finance capital-intensive development projects — due to its rock-solid financial profile backed by a top-notch balance sheet.
Given Brookfield's position within this megatrend and its historical success, I have high conviction that it can deliver market-beating total returns for years to come and would consider adding to my position on any meaningful price decline. This example succinctly lays out the catalyst the renewable energy megatrendthe investment opportunity's position in the trend Brookfield is a global leaderits ability to withstand risks Brookfield has a top-tier financial profileand my conviction level high.
An investment thesis isn't just for stocks; you can craft one for any investment opportunity you're contemplating. For example, you might have the opportunity to invest in a new business venture or a private company.
To write an investment thesis for a venture capital or private equity opportunity, you would follow the same outline, make or buy decision thesis. Here's a simplified investment thesis for a new coffee shop:. People love coffee, make or buy decision thesis. That growing market will benefit coffee shops. This particular shop would be the first one in a trendy area of downtown make or buy decision thesis undergoing a dramatic revitalization.
While restaurant retail can be brutal, the group starting the coffee shop has opened several profitable locations around the city in recent years. Their past success, when combined with the coffee industry's growth, suggests this new shop should thrive. Because of that, you have a high conviction that this investment will earn a much greater return than if you invested the money in another retail opportunity.
Thinking through and crafting a thoroughly researched investment thesis can help you make better informed investing decisions. While it's best to write one before you invest, you can also create one for existing holdings. The investment thesis will serve as a guide allowing you to measure whether the opportunity is living up to your thesis — suggesting you hold or buy more — or if that's no longer the case, and it's time to sell. Discounted offers are only available to new members. Stock Advisor will renew at the then current list price.
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Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Matthew DiLallo Make or buy decision thesis Updated: Aug 19, at PM. Author Bio Matthew is a senior energy and materials specialist with The Motley Fool, make or buy decision thesis. He graduated from Liberty University with a degree in Biblical Studies and a Masters of Business Administration.
You can follow him on Twitter for the latest news and analysis of the energy and materials industries: Follow matthewdilallo. Image source: Getty Images. Join Stock Advisor Discounted offers are only available to new members. Stock Advisor launched in February of BEP Brookfield Renewable Partners L. NYSE: BEP. BEPC Brookfield Renewable Corporation Inc. NYSE: BEPC. Prev 1 Next.
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3. The refusal to decriminalize abortion is inextricably linked to the sovereign decision. The progressive confusion between Zoe and Bios is anything but innocent; it is at the base of the modern concept of sovereignty. Should abortion be legal thesis statement? The sovereign is the one who can decide who has the right to die and live This will make the writing process easier and will allow the writer to tailor the paper just for you. We are a prepaid service, so we will start searching for the writer once the payment is made. Based on the delivery date and the subject of the paper, you can calculate the TRB’s National Cooperative Highway Research Program (NCHRP) Synthesis Strategic Planning and Decision Making in State Departments of Transportation examines state and provincial transportation departments' experience with strategic planning and synthesizes current approaches to linking strategic planning with other decision-making processes, including operational and tactical
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