The wealth-building power of index ETF help you achieve the following: The greatness of investment masters recognized by the world is due to two very difficult achievements: First, their performance “almost” beats the market every year; second, they maintain positive returns every year, which is also very difficult.
Category: Investing Guru
2025 Buffett Thanksgiving Message to Shareholders
On November 10, 2025, 2025 Buffett Thanksgiving Message to Shareholders. Key points and the link included
5 ways to improve company earning
Buffet’s view: 5 ways to improve company earning
Why Shiller CAPE is more popular than the Buffett indicator?
Shiller CAPE Ratio is calculated by dividing the actual stock price adjusted for inflation by the average of the company’s inflation-adjusted earnings per share over a ten-year period
Li Lu, Munger’s disciple, and his Himalaya Capital
He met Munger on Thanksgiving Day 2003, and they became lifelong friends. Meeting Munger was one of the most important events that changed Li Lu’s life. Munger said Li Lu was the only outside manager he had invested in and called him “China’s Warren Buffett.”
Charles Ellis and his “Winning the Loser’s Game”
“Winning the Loser’s Game” is the most famous book by Charles Ellis, this book is also a must-read investment that I often recommend to investors.
“How to Invest”
“How to Invest” was written by David. Rubinstein interviewed 24 famous investors. These 24 famous investors came from different investment fields. They are all top-notch business founders or investors in their respective fields and are very representative. I hope readers can gain inspiration for getting rich from the heartfelt advice given to other investors by 24 famous investors.
Key points from Munger Wesco’s 24 years of shareholder meetings
First of all, Munger Wesco shareholders’ meetings over the years (1987 to 2010) are a must-read collection for U.S. stock investors.
Learning to avoid failure
The advantages to avoid failure: Learning to avoid failure and mistake, avoid areas beyond your capabilities, avoid mistake of omission.
Why is Costco’s valuation so staggering?
Don’t use ordinary retail or general industries to explain its valuation. Costco’s valuation phenomenon in the retail industry should be comparable only to Amazon.