Financial statements need to provide answers for three questions.
Author: Andy Lin
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”
How does ubiquitous Yum! Brands make money?
Yum! Brands is the world’s largest fast-food catering group
SEC asked: important risks disclosed in financial report
Buffett carefully explained the important risks that the SEC must disclose in the financial report.
Duke Energy, representative of monopoly energy companies
Duke Energy is a regulated monopoly energy business
Excuses to comfort yourself? Or masters’ method is not suitable for you?
Most people make excuses for failure
How does BlackRock, the world’s largest index and asset management company, make money?
BlackRock’s AUM like index trackers and ETFs top $9 trillion by mid-2023
Some Reasons Buffett Thinks about Poor Investment Returns
Buffett listed some of the main reasons for poor investment returns.
Union Pacific, representative of the duopoly
Union Pacific and Berkshire’s BNSF, the U.S. railroad duopoly