Dear Shareholder

After reading Dear Shareholder, I was reminded of “Outsiders” which I introduced on this blog.

Wolfspeed, the upstar of gen 3 semiconductor

Wolfspeed is the world’s largest silicon carbide substrate factory, and its patent strength in silicon carbide substrates and crystallization is far ahead. Its global silicon carbide substrate market share in 2021 is estimated by TrendForce to be as high as 62%.

Big pharma spin-offs, and advantages to invest them

The following are the three big pharma spin-offs I know of in the past ten years. These three pharmaceutical companies are all world-renowned super pharmaceutical companies

How does Texas Instruments make money? Amazing long term capital reward and company net profit margin!

Take Texas Instruments (aka TI, ticker: TXN) as an example; this company was founded earlier than Intel (ticker: INTC), for Intel, I suggest you refer to my previous blog post “How Does Intel Make Money? And the Benefits of Investing in It”

Commercial-oriented firms perform better in recessions

U.S. stocks have rebounded a lot from the bottom of the bear market in June. Many investors believe that the worst time has passed; but the reality is not so optimistic. But there is another important point in this article — commercial-oriented companies are more resilient to recessions.

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