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.”
Category: Investing Methods
The quant’s must-read book for Jim Simons “The Man Who Solved the Market”
I personally rarely believe in investment geniuses or gurus hyped. Buffett and Munger are. The semi-autobiography “The Man Who Solved the Market” for Jim Simons that I want to talk about today is another person who is full of mystery, but his investment achievements can’t help but awe me.
Commonalities in Quantitative Investment
If you want to enter the field of quantitative investment without having financial background, as long as you study hard and find someone to help you, you will be able to change your life. However, whether one is smart or not is not impossible to make up for through acquired learning.
Investing is a game of chance
There is a 60% chance of stock investing success in the long run
Jim Simons, the lord of quantitative investing
In 36 years, Jim Simons achieved an astonishing annualized return of nearly 40%. This is the best performance of any known investment guru today. For this part, please see my previous post: “The career annualized return on investment of top investment masters”.
People who are good at deferred gratification is more likely to succeed
More freedom is worth for who are deferred gratification, self-control cannot be achieved simply by persisting or saying “no”, but by changing our way of thinking, and this thinking mode is “deferred gratification”
Why is stock investment a better way to manage money?
This article will tell you from the most vernacular and ordinary people’s point of view, using the most concise reasons: why stock investment is the better way of financial management for modern people?
Is Buffett no longer hold for long haul? TSMC, HP, and US Bancorp cases study
Regarding stock hold for long haul, Buffett has clarified that he has not promised to hold any holdings permanently.
Global stock markets performance comparision over the past 30 years in a table
Indian stocks performance is best among global stock markets in the past 30 years
Stocks are the best bet for long-term investors
Holding stocks for a long time is the best investment method, which has already been confirmed by many figures and actual data. Stocks are the best bet for long-term investors