Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”
Category: Financial statements
Why market fall after Q2 2024 earning report?
Except for a few companies, such as Apple, Meta, PayPal, Shopify, and MercadoLibre , most of the US listed companies have Q2 earning reports were generally poor. What’s more important: Most companies’ financial forecasts are disappointing, exacerbating market concerns, which is more lethal to stock prices than the results of quarterly earnings reports that have already occurred.
What’s TSMC DCF intrinsic value?How to calculate it quickly with a free tool?
use the discounted cash flow method to estimate, What’s TSMC DCF intrinsic value?
How does the all-powerful Huawei make money?
No company in modern corporate history has ever won this honor. You can imagine the importance of this enterprise. The United States has discovered the signs of Huawei’s development. For the first time in history, the Department of Defense replaced the Department of Commerce to supervise Huawei.
Fintech’s valuation plummeted and current dilemma
Fintech is no longer a super new blue ocean in the technology and financial circles ten years ago.
PayPal’s current crisis and appeal
PayPal in my two books In my book “The Rules of Super Growth Stocks Investing“: In the book “The Rules of 10 Baggers“: How bad is it? The pandemic catalyst is no longer In the two or three years before 2021, PayPal’s stock price, like most technology stocks, has repeatedly hit new highs. Since the … Continue reading “PayPal’s current crisis and appeal”
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?”
Three questions that financial statements must answer
Financial statements need to provide answers for three questions.
SEC asked: important risks disclosed in financial report
Buffett carefully explained the important risks that the SEC must disclose in the financial report.
US credit rating downgrade by Fitch, the easons and implications
Fitch announced on August 2, 2023 that it would downgrade the US credit rating by one notch from the top AAA to AA+
