Imitating great investors is the fastest and most effective way. What kind of person are you?
There are indeed monopoly in this world, Buffett said that a moat is the competitiveness of a business economy. Most companies have many competitors because a profitable industry attracts competitors to join in for a piece of the pie.
Do it right a few times in your lifetime is enough, Good investments are very rare, I quoted Charlie Munger, “Good investments are very ‘rare’, and when this once-in-a-lifetime investment opportunity presents itself, you have to bet all your chips.” in my book “The Rules of Super Growth Stocks Investing”
What company is Snowflake owned by Buffett? Where is its value? In May 2017, The Economist published an article “The world’s most valuable resource is no longer oil, but data” Over time, the Economist was proven right.
Richer, Wiser, Happier. You may have read a lot of reviews of this book “Richer, Wiser, Happier”, but I’m going to talk about this book in a different way and from a different perspective.
The simpler the investment, the better, Buffett’s most philosophical quote, In my previous introduction to subsections 1-1 at the beginning of Chapter 1 of my book “The Rules of Super Growth Stocks Investing”, I used a famous quote from Buffett’s influential philosophy in the field of investing,
Possibility of long-term holdings, Many friends have read my book “The Rules of Super Growth Stocks Investing” and my blog, and they all feel the same way about long-term investing.
As long as a paid worker should agree that there are many undocumentted rules in the workplace, such as can’t think differently.
Regardless of individual stock investment or ETF, band trade, timing the market, or speculation on the market, choose the time to enter and exit the stock market, so as to accurately grasp the maximum profit potentia
When I wrote about Buffett a few days ago, I noticed that many people, regardless of Wall Street and many friends around me, attribute Buffett’s investment success to the Survivorship Bias