Inventors are rarely successful, but improvers are successful and profitable

Successful businesses are improvers, not inventors. Many investors are working hard to find companies that can disrupt the market or fundamentally change technology, hoping to seize the opportunity and gain the first opportunity to invest,

Dear Shareholder

After reading Dear Shareholder, I was reminded of “Outsiders” which I introduced on this blog.

What company is Snowflake owned by Buffett? Where is its value?

What company is Snowflake owned by Buffett? Where is its value? In May 2017, The Economist published an article “The world’s most valuable resource is no longer oil, but data” Over time, the Economist was proven right.

Possibility of long-term holdings, Deep dive on Buffett’s case

Possibility of long-term holdings, Many friends have read my book “The Rules of Super Growth Stocks Investing” and my blog, and they all feel the same way about long-term investing.

The Power Law

What I want to talk about in this post is a just-published English book “The Power Law”.

How does IBM make money? What’s next?

The predecessor of IBM was ITR, which was founded in 1906. Later, the two companies merged and CTR (Computing Tabulating Recording) was established in 1911.

The gap between China and US, is all China-made software and hardware possible?

The technology gap between China and US, On 5/6/2022, there was a news report that Beijing ordered central government agencies, state-owned enterprises and government-related enterprises or institutions to replace the currently used foreign brand computers with domestic equipment.

How does Starbucks make money? and the current predicament

How does Starbucks make money? and the current predicament. I mentioned in subsections 5-6 of the book “The Rules of Super Growth Stocks Investing” that it is a company that has been confirmed to be successful, and the stock has been split 6 times so far.

What is Web3? What are the related companies?

What is Web3? Web 1.0 only provides user information in one direction, kind of Geocities. your basic message boards, things like that that you did in the early internet. During this period, static pages are more common, which are basically websites that cannot be truly interactive and do not need to be updated regularly.

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