How does BYD make money? Why it beat Tesla? Sweeping the global EV market

Due to geopolitical risks and the United States’ anti-China policy and decoupling from China in various fields, BYD may become another target of embargo, retaliation, or containment by the United States after Huawei.

How big a factor does luck play in investment success?

Luck does play an important role in success, but it is definitely not the most critical or important “determining” factor – this is the reason for whether a person can be successful in life.

Duan Yongping’s investment empire and his BBK Group

Almost no Taiwanese have heard of Duan Yongping, but it is not an exaggeration to say that he is a household name in Chinese circles outside Taiwan, especially in the business and investment circles.

Why would Buffett oppose to EBITDA and financial forecasts?

In Buffett’s 2020 shareholder letter, he mentioned several common but unreasonable accounting techniques used by CEOs of US-listed companies in their financial statements: especially EBITDA and financial forecasts.

Two or three stocks in your life can make you very rich

I have repeatedly emphasized in the 4-3 of my book “The Rules of 10 Baggers” and 1-5 in the “The Rules of Super Growth Stocks Investing“, as well as in the blog: “An investor only needs to choose two or three stocks in his life. Can make you very rich; without holding too many stocks, … Continue reading “Two or three stocks in your life can make you very rich”

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