What is an investment strategy?

Most people don’t understand the difference between investment strategy, investment principles, and investment philosophy. What is strategy? “Strategy” is a word with many meanings. I simply define it as “the actions taken to achieve a specific objective under uncertainty.” What is an investment strategy? I guess you can already guess what I’m going to say … Continue reading “What is an investment strategy?”

Apple’s Crisis Part 2: Apple’s AI is seriously lagging behind

For Apple’s AI is seriously lagging behind, challenge lies in seamlessly integrating AI features or acquired technologies into all of Apple’s products and user interfaces, leveraging Apple’s traditional strengths and demonstrating the powerful value of the Apple ecosystem—this is the sole key to Apple’s resurgence.

Li Lu, Munger’s disciple, and his Himalaya Capital

He met Munger on Thanksgiving Day 2003, and they became lifelong friends. Meeting Munger was one of the most important events that changed Li Lu’s life. Munger said Li Lu was the only outside manager he had invested in and called him “China’s Warren Buffett.”

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