Andy Lin's Long-term Stock Investment Blog

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.

Morgan Stanley, the king of investment banks

In 1933, during the Great Depression, Congress passed the Glass-Steagall Act, prohibiting firms from providing both commercial and investment banking services.

The Morgan empire was thus split into two: the old Morgan Stanley and Morgan Bank. Morgan Bank later merged with Chase Bank to become today’s JPMorgan Chase.

“The Big Short”

The film “The Big Short” received unanimous praise from all walks of life and won the Oscar for Best Adapted Screenplay. The content is compact, the plot is exciting and gripping. It is the best movie to understand the 2008 financial crisis.

“Too Big To Fall”-best to know 2008 financial crisis

“Too Big to Fall” is a film that has received unanimous praise from all walks of life. It is recognized as a true historical story that describes the power tug-of-war and mutual influence between the key players such as the U.S. government, the Federal Reserve, Wall Street, and the stock market during the 2008 U.S. financial crisis, and how to ultimately avoid causing a truly uncontrollable global financial crisis.

“Inside Job”

“Inside Job” received critical acclaim, with praise for its pacing, research, and interpretation of complex material. The film won the Best Documentary Award at the 83rd Academy Awards.

How did Silicon Valley Bank collapse? What is the impact?

The root cause of the collapse of Silicon Valley Bank and its impact

How does IBM make money? What’s next?

The predecessor of IBM was ITR, which was founded in 1906. Later, the two companies merged and CTR (Computing Tabulating Recording) was established in 1911.