This post compiles Munger archives and shareholder letters.
Category: Global Stock Markets
The pros and cons of investing in developing countries
Generally speaking, compared with developed countries, developing countries refer to countries with a lower level of economic and social development.
Markel in US and Canada, two baby Berkshire Hathaway
Markel in US and Canada, Baby Berkshire Hathaway, long-term stock performance are astonishing, both started as truck insurance companies and were founded by a single family.
Investment habits of Taiwanese investors
In my opinion, these “investment habits of Taiwanese investors” are actually the reason why most Taiwanese retail investors fail to make significant profits in the stock market. Therefore, I feel it’s necessary to list some of the “investment habits of Taiwanese investors” that I’ve observed in this article for your reference.
Almost no long-term Taiwan investors
I’ve concluded that no long-term Taiwan investors. Recently, due to the publication of my new book, “Investors Beautiful Heaven”, I had to attend media interviews. Through various interviews, my three published stock market books, six years of blogging, exchanges with readers, conversations with friends and family, and my own observations.
US Taiwan stock comparison, market at historical highs
US Taiwan stock comparison, both are currently at all-time highs. On September 22nd, US stocks hit new all-time highs, with the S&P 500 closing at 6,693.75, the Dow Jones Industrial Average at 46,381.54, and the Nasdaq at 22,788.976, all achieving new intraday highs and record closes.
Akeso’s lung cancer drug beat world best-selling drug, a biotech DeepSeek watershed
Akeso’s Ivonescimab performed better than world best selling drug Keytruda in treating patients with advanced lung cancer.
Chinese tech singularity or just a flash in the pan? From DeepSeek, Huawei, TikTok, to Game Science
Chinese tech singularity or just a flash in the pan? From DeepSeek, Huawei, TikTok, to Game Science; and from BYD, CATL, DJI, Shein, Temu, to Hesai.
How important is semiconductor industry to Taiwan?
Taiwan’s semiconductor industry accounts for 15% of Taiwan’s GDP. Taiwan produces more than 60% of the world’s semiconductors and more than 90% of the most advanced semiconductors. Semiconductors are the largest sub-category of the Taiwan stock market, accounting for 27.02%.
TSMC risks and disadvantages in Taiwan
In the past, when TSMC was smaller, the operational risks and disadvantages faced by TSMC were not strictly examined. But as chips become more and more important, when “165 billions investment, TSMC moat and competitiveness is fragile”, the operational risks and disadvantages faced by TSMC have been fully exposed.