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.
Category: Warren Buffett
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.
The simpler the investment, the better
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, Deep dive on Buffett’s case
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.
Investors need to think different
As long as a paid worker should agree that there are many undocumentted rules in the workplace, such as can’t think differently.