Constellation Brands owns seven of the top 100 best-selling premium wine brands in the U.S., including Meiomi and Kim Crawford in the top ten.
Category: Warren Buffett
Investment vs speculation
Jesse. Livermore’s opinion on investment vs speculation is really to the point: speculators want possibilities, while investors want value.
Buffett’s 2025 Berkshire Shareholder Letter
The following is the internet link of Buffett’s 2025 Berkshire Shareholder Letter, including English version and Chinese version
Identify good companies with corporate culture, how to do in overheated market?
If the company you are tracking “seems” to be similar to a well-known listed company’s corporate culture that can bring huge benefits to investors, you should at least give it an extra point in your mind.
The crowd tend to lose their judgment and get lost
People get lost in market: Seeing is believing NOT exist in market, Markets are not rational, Academic hypothesis not refect the fact.
The larger the portfolio, the lower the return on investment will possibly be over decads
If you have a good memory, investors, have you ever thought about this: Why are most of the so-called investment celebrities who were once so glorious, had amazing return on investment, and were all over major print and electronic media, disappearing later? The reasons are here.
Complicated math is not a prerequisite in stock investing
Most people has a myth, complicated math play a key role to invest successful. Peter Lynch said “All the math you need in the stock market you get in the fourth grade.”
Apple repurchase, Buffett sold most of Apple stake,Nvidia capital operation, Tesla, AI bubble, Willow quantum chip
Peter read my post of Apple repurchase two days ago, inspired to write me a letter, raised several great questions and his concerns, I wrap up the feedback to him as this post.
Walmart, the real retail overlord, how it makes money?
Walmart has been ranked at the top of the Fortune 500 list for eight consecutive years since 2014. According to the October 2022 Fortune Global 500 ranking, Walmart is the largest company in the world by total revenue.
Charlie Munger, a great investor worth remembering
Buffett said: “Because Munger… made me go from an orangutan to a human being, if I didn’t know him, I would be much poorer than I am now!” Buffett said in a statement on Charlie Munger’s death: “Without Charlie’s inspiration, wisdom and Without participation, Berkshire would not be where it is today.”