Unbelievable brokage zero fees, How could this happen?

Why can US brokerages have zero fees? Order flow payment (Payment for order flow: PFOF) involves retail brokerage brokers, such as Robin Hood (ticker: HOOD) and TD Ameritrade (has been acquired by Charles Schwab, ticker: SCHW) to sell their customers’ market orders to third parties

Costco moats, and the Differences from Other Competitors

This post will discuss Costco moat and the differences between Costco and other retail competitors. Please read the first the article I wrote a few days ago about Costco, “How does Costco make money?”.

The significant valuation impact of diversity to listed companies

The valuation impact of diversity to listed companies. I have always emphasized in the book “The Rules of Super Growth Stocks Investingrowth Stock Investment Rules” that investors do not like all kinds of uncertainties.

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