“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now. Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can […]
“Needless to say, the analyst cannot be right all the time. Furthermore, a conclusion may be logically right but work out badly in practice.” – Benjamin Graham. Here is the abstract on the problem of the security analysis from the book “Security Analysis” by Benjamin Graham. The object of security analysis is to answer, or […]
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” Benjamin Graham. We wanted to escape from most of the serious investment loss, therefore we try to apply stringent standards of stock selection and reasonably frequent scrutiny. Our first and foremost […]
“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.” – Warren Buffett. There are 200 plus countries in the world. Where exactly do we look for the next big investment idea? Well, we did ponder that question for a bit and the answer is […]
“All investment evaluations should begin by measuring risk, especially reputational” -Charlie Munger. Our stock performance reflects a great success during the past six years. It is primarily because of two reasons. First, the entire market was in a bull run. Second, we were lucky to pick some good winners. Our Success Our Failure We are […]
“The richest people in the world look for and build networks and everyone else look for work.” Robert Kiyosaki. Would you buy Facebook for $402 billion which earns $22 billion in net income out of $55 billion revenue per year? In average, 23.45 million people per trading day think Facebook is not worth $402 billion, […]
“The rich invest in time, the poor invest in money.” -Warren Buffett. There are numerous investment options. In pertinent to stock investing, there are an array of Investment philosophies. Some popular investing principles are: Value Investing Fundamental Investing Growth Investing Technical Investing For obvious reasons, I find none a good fit for me. For a few years, […]
“There is no shame in losing money on stock. Everyone does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are detorating.” – Peter Lynch. If you are one of the approximately 418,000 shareowners of General Electric (GE), the 127 years old American […]
” If investing is entertaining, if you are having fun, you are probably not making money. Good investing is boring.” – George Soros. We all want to make a good return on our capital. But, not all of the retail investors are equally qualified to deploy their capital. At least, I am not. A […]
“Price is what you pay. Value is what you get.” – Warren Buffett. My intelligence was validated by my very first investment success (Check it out here). I certainly was on fire. I went off on finding my next mission. Yes, this time I am making a big bet (keep in mind this is a […]