The better you know the facts, and the more facts you know, the better you do as an investor.
Category: John Maynard Keynes
Investors hope everything will develop as they wish
But hope does not necessarily happen. Expectation is an imagination that may not come true. Reality and expectation are always two ends of the scale.
The importance of cash, Apple’s experience in using cash
Apple, managed by Steve Jobs, adopted a conservative financial policy and reserved more cash for the company’s research and development and operations. This was not unreasonable at the time, but Cook’s financial management was more efficient.
Keynes’ investment principles and achievements
To help you understand Keynes, I suggest readers first read my post four years ago, “John Maynard Keynes, Investment master“ The only academic investment master The following are some of Keynes’ special achievements in investing: Related Works by Keynes There are some books related to Keynes’ investment in the market, which are listed below for … Continue reading “Keynes’ investment principles and achievements”
Investment vs speculation
Jesse. Livermore’s opinion on investment vs speculation is really to the point: speculators want possibilities, while investors want value.
Statistics can be deceiving
The most serious and most capable of changing statistical results is preconceived ideas “Shoot before set target”────because statistics and market surveys belong to more fields of non-science, and the mathematics and statistics involved in the middle are just tools . It is people who report and interpret in the end; as long as there are people, there will be prejudice.
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.
Information investors need should be important and knowable
Buffett pointed out that “for a piece of information to be worth pursuing, it should be important and knowable.”
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 most important qualifty for an investor is temperament, not intellect
The most important qualifty for an investor is temperament, not intellect. I must admit that when I was young, I had doubts about the view of “The most important qualifty for an investor is temperament, not intellect”.