Wells Fargo, a major holding once praised by Buffett and Munger

Wells Fargo, a major holding once praised by Buffett and Munger, Company profile, Berkshire Hathaway (NYSE: BRK.A and BRK.B) started buying Wells Fargo stock in 1990, a story worth mentioning.

The gap between China and US, is all China-made software and hardware possible?

The technology gap between China and US, On 5/6/2022, there was a news report that Beijing ordered central government agencies, state-owned enterprises and government-related enterprises or institutions to replace the currently used foreign brand computers with domestic equipment.

How does Starbucks make money? and the current predicament

I mentioned in subsections 5-6 of the book “The Rules of Super Growth Stocks Investing” that Starbucks has been confirmed to be successful, and the stock has been split 6 times so far.

Are Chinese stocks suitable for long-term investment?

Chinese stocks is not a wise choice, I have previously written two articles on the theme of China concept stocks: “The biggest risk to hold Chinese stocks, taking Alibaba and Tencent as examples”, and “Why do many Chinese companies want to be US listed?”.

Qualcomm diversifies success, no nonger highly dependend on phone

Qualcomm diversifies success, no nonger highly dependend on phone, Qualcomm (ticker: QCOM) has a key position in the global technology industry, especially in the development of mobile phones in the past three decades

Unbelievable brokage zero fees, How could this happen?

Why can US brokerages have zero fees? Order flow payment (Payment for order flow: PFOF) involves retail brokerage brokers, such as Robin Hood (ticker: HOOD) and TD Ameritrade (has been acquired by Charles Schwab, ticker: SCHW) to sell their customers’ market orders to third parties

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