Investors should be happy when the stock market crashes, because the deeper the stock market falls, the safer it is
Author: Andy Lin
How does Intuit, the leader in financial management software for individuals and small businesses, make money?
Company history Intuit (ticker: INTU) was founded in Palo Alto, California in 1983 by Scott Cook and Tom Proulx. The first product they developed was Quicken, and later Microsoft launched Microsoft Money competed with Quicken, but with little success. After going public in 1993, Microsoft once tried to buy the company, but the transaction fell … Continue reading “How does Intuit, the leader in financial management software for individuals and small businesses, make money?”
The evil US, How did Japan, Alstom, Toshiba, Via, HTC and Taiwan’s panel industry collapse ?
US basically does not allow any country in the world to lead it. It only allows US to set fires, but does not allow others to light lamps.
Warner Bros. Discovery, a new media giant
Warner Bros. Discovery is a new company formed by the merger of WarnerMedia and Discovery, spun off from AT&T, on April 8, 2022
Why Can Underperforming CEOs Keep Their Jobs?
There must be many investors who are curious about why the underperforming CEO of listed companies will not step down.
The artificial intelligence bubble in the capital market is forming
How did the AI bubble form? Inexplicably soared In the past six months or so, countless listed companies have nothing to do with AI at all, but only issued a press release stating that they have established commercial cooperation with the popular Nvidia, Microsoft, or OpenAI, and the investors are not clear. In this case, … Continue reading “The artificial intelligence bubble in the capital market is forming”
How does Shein, the world’s fastest growing fast fashion seller, make money?
Shein’s valuation may reach as high as 100 billion U.S. dollars. With ByteDance having 2 billion users holding Douyin and TikTok, It is on par with SpaceX and is expected to rank among the top three unicorns in the world.
Three questions that financial statements must answer
Financial statements need to provide answers for three questions.
Return of market index and the market index ETF is not identical
Market index and the market index ETF is different thing.
The power of compound interest
In the 2019 shareholder letter, Buffett spent a considerable amount of time talking about the most important element of investment success “the power of compound interest”