“Winning the Loser’s Game” is the most famous book by Charles Ellis, this book is also a must-read investment that I often recommend to investors.
“How to Invest”
“How to Invest” was written by David. Rubinstein interviewed 24 famous investors. These 24 famous investors came from different investment fields. They are all top-notch business founders or investors in their respective fields and are very representative. I hope readers can gain inspiration for getting rich from the heartfelt advice given to other investors by 24 famous investors.
On, a niche athletic shoe and performance sportswear, amazing performance
Nike and Adidas, the big two, each have their own difficulties. The 3rd, 4th, and 5th place in terms of market value of sports shoe brands have quietly changed their faces. Deckers, which sells HOKA, has taken the 3rd place, and On and ASICS have jumped to the 4th and 5th place. The three “new kings” are running fast and taking small steps to narrow the gap in competition.
The Wisdom of Charlie Munger-Key points from Munger Wesco’s 24 years of shareholder meetings
These days, I spent several days and finished my reading of book The Wisdom of Charlie Munger, it’s a collection of all the transcripts of the Q&A sessions at Munger Wesco Financial’s shareholder meetings during the 24 years
Fedex directly linked to economic prosperity, how does Fedex make money? why it’s downward?
Amazon has terminated its air and ground logistics cooperation with FedEx in June and September 2019. However, Amazon previously did not restrict third-party sellers on the website from using FedEx, but only banned Amazon’s own products.
Learning to avoid failure
The advantages to avoid failure: Learning to avoid failure and mistake, avoid areas beyond your capabilities, avoid mistake of omission.
Why Bitcoin monopolizes the cryptocurrency market?
Brand power, limited supply, growing institutional adoption, security, and first-mover advantage all point to it remaining dominant for years to come. Despite fierce competition, these characteristics will give Bitcoin monopolizes a unique and lasting advantage
How much stock-based compensation company paid?
Meta paid out $41 billion in compensation in 2024; 40% of that was in the form of stock-based compensation. Alphabet’s stock-based compensation was at 35% in 2024.
Wix, the leading brand of online website building
According to data from W3Techs, a technology survey website, as of September 2023, 2.5% of websites worldwide use Wix. As of the latest report in June 2024, Wix has over 260 million users worldwide.
Consequences of Index Fund and ETF Regulations and Restrictions
The original intention of the Index Fund and ETF Regulations and Restrictions is to limit the concentration of holdings, but the result is that the trends of market indexes and ETFs are almost linked to these few large-capitalization stocks. As long as these few large-capitalization stocks surge or plummet, these automated programmed transactions will be triggered, and huge amounts of buying and selling will occur simultaneously.