Andy Lin's Long-term Stock Investment Blog

Don’t lose set you to be a millionaire at least

Don’t lose money when investing. With the accumulation of compound interest over time, it is impossible not to become a millionaire.

Permanent capital loss is the biggest risk investors must face

Howard Marks: “I don’t think most investors worry about volatility. In fact, I’ve never heard anyone say, ‘The expected return isn’t high enough to withstand all the volatility.’ They worry about It’s the possibility of permanent capital loss.”

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”

Are you honest as an investor?

Being honest with yourself is the first step to successful investing. People who cannot be honest with themselves can only live a mediocre life (which is not a bad thing), but they will never achieve anything that satisfies them.

How Buffett decide on CEOs?

In Buffett’s 2024 Berkshire Hathaway shareholder letter, I will now quote directly (in italics) some of the considerations he personally believes are important how buffett decide on CEOs?

How Buffett’s new stake in Constellation Brands make money?

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.

Investment vs speculation

Jesse. Livermore’s opinion on investment vs speculation is really to the point: speculators want possibilities, while investors want value.

Key points from Munger Daily Journal’s 10 years of shareholder meetings

I spent some time reading through all the transcripts of the Q&A of Munger Daily Journal (ticker: DJCO)’s sessions at shareholder meetings during his 10 years (2014-2023) . Summarized my personal thoughts and ideas in the article you are reading now.