You Pick the Stock. I'll Run the Vitals.

A new weekly series where subscribers pick the stocks I screen through PULSE

I’ve been publishing free weekly PULSE screens for a couple of weeks now, both here on Substack and on my YouTube channel, and I’ve noticed something.

The most common response I get isn’t about the framework or the methodology. It’s some version of: “Can you do this for [ticker]?”

People don’t want to learn PULSE in the abstract. They want to know what the vitals say about the stock that’s been on their mind - the one a colleague mentioned, the one they’ve been reading about in the news, or the one they’re tempted to buy.

So I am adding something new.

Introducing Subscriber PULSE Check

Starting next Friday, I’m launching a new weekly video series here on Substack called Subscriber PULSE Check.

Here’s how it works:

Paid subscribers submit the tickers they want me to screen. Each week, I’ll pick three or four, open the PULSE template on camera, and walk through the vitals - Economic Profits, Underlying FCF, Leverage, Smoothed FCF Yield, and EV Cap Rate - just like I do in the regular weekly series. Only this time it’s for the stocks that you most care about at the moment.

Everyone can watch. The episodes will not be paywalled. But only paid subscribers can submit tickers.

Why This Format

PULSE is a triage tool. It’s designed to answer a simple question before you go any further: do the financial vitals of this business justify spending your time on a deeper look? That question is most useful when it’s applied to the stock you’re actually curious about - not the one I happened to pick that week.

I have used this framework for over a decade and have applied it to literally thousands of stocks. So my pattern recognition on what looks interesting vs. what does not is pretty decent.

You bring the name that’s been on your mind. I’ll anchor on the hard historical financials before either of us engages with the story. That’s the whole point of the framework: anchor on the relevant financial history to decide how to allocate your scarce research time, not on management narrative or Wall Street hype.

I’m not going to tell you what to buy. That’s not what this is. But I will show you what the vitals say, on camera, for the stocks you care about. What you do with that is up to you.

The Details

• When: Every Friday

• What: Video - webcam and screen share, walking through the PULSE template

• How many: Three or four subscriber-submitted stocks per episode

• Who can watch: Everyone

• Who can submit: Paid subscribers

The regular free PULSE article continues on Tuesdays, unchanged. Subscriber PULSE Check is a separate series running alongside it.

How to Submit

If you’re a paid subscriber, just reply to any Subscriber PULSE Check email with the ticker or tickers you would like me to screen or put it into the dedicated Subscriber PULSE Check chat. I’ll select from the submissions each week. If yours isn’t picked right away, it stays in the queue.

If you are not a paid subscriber yet and there is a stock you have been wondering about - this is one of the things that a paid subscription gets you.

The first Subscriber PULSE Check goes live next Friday. I already have one ticker in hand with a couple of slots remaining. See you then.

One more thing. If you could please help me spread the word by restacking this post, I would really appreciate it. Thank you in advance.

Disclaimer: Not financial advice, for educational purposes only.

About the author

Gary Mishuris, CFA is the Managing Partner and Chief Investment Officer of Silver Ring Value Partners, an investment firm that seeks to apply its intrinsic value approach to safely compound capital over the long-term. He also teaches the Value Investing Seminar at the F.W. Olin Graduate School of Business.