Buffett pointed out that “for a piece of information to be worth pursuing, it should be important and knowable.”
Category: Warren Buffett
Why Shopify is so killing?
The problem is there are hundreds of listed e-commerce companies in the world. But why only Shopify can suddenly emerge and let Bezos of Amazon target it as the only competitor?
UnitedHealthcare, the world’s largest health insurer, role model of Dow Jones
UnitedHealthcare, the world’s largest health insurer, role model of Dow Jones, UnitedHealth (ticker: UNH) was founded in 1974 as Charter Med Incorporated, headquartered in Minnesota, and reorganized a few years later as United HealthCare Corporation, which eventually formed its current structure and name.
Why Modern Portfolio Theory Unreasonable?
Why Modern Portfolio Theory Unreasonable? The inventor himself did not use it. I should have computed the historical covariance and drawn an efficient frontier. Instead I visualized my grief if the stock market went way up and I wasn’t in it – or if it went way down and I was completely in it. My intention was to minimize my future regret, so I split my [retirement pot] 50/50 between bonds and equities.
Why is the efficient market hypothesis unreasonable?
The Efficient Market Hypothesis (EMH) is an investment theory proposed by Eugene Fama of the University of Chicago in the 1970s
Imitating great investors is the fastest and most effective way
Imitating great investors is the fastest and most effective way. What kind of person are you?
There are indeed monopoly in this world
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
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?
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
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.