Center for Diseases Control (CDC) said Coronavirus is here for this Season and Year. Well, it appears that it is going to be true. Till now, there are 85 thousands of Coronavirus confirmed cases, including 2,900 deaths. 60 countries have confirmed one or more cases and majority of those are in China, South Korea, Italy […]
There Are Certain Things That Cannot Be Adequately Explained To A Virgin Either By Words Or Pictures. – Fred Schwed Jr. There are few investing books, which have not lost their relevance after more that 15 years of publication. One of the books from that category is “Where are the Customers’ Yachts?” by Fred Schwed […]
Let’s hear it straight from the horse’s mouth! Here is an abstract of an interview with Warren Buffett. Reporter: “…when I spoke with [Warren Buffett] last fall in his office in Omaha, he very characteristically made his investment style seems so perfectly simple.” Warren Buffett: The first rule on investment is – don’t lose and […]
Happy Thanksgiving! That means Black Friday is around the corner. What are the best deals on Black Friday? Here is the list: Samsung UN55RU7100FXZA Flat 55-Inch 4K UHD 7 Series Ultra HD Smart TV with HDR and Alexa Compatibility (2019 Model) Powerful 4K UHD processor optimizes your TV’s performance by upscaling every show, season, and […]
There are two times in a man’s life when he should not speculate: when he can’t afford it, and when he can. – Mark Twain. The most important investment decision you will probably ever make concerns the balancing of asset categories (stocks, bonds, real estate, money-market securities, and so on) at different stage of your […]
Daniel Kahneman and Tversky are two Nobel price winning economist. Their most important contribution is called prospect theory which describes individual behavior in the phase of risky situations where there are prospects of gains and losses. Below is an insightful abstract from one of my favorite book “Thinking, fast and slow“. In general financial economist […]
Lately, I was collecting a list of myths about stock Investing and wealth. Some of the findings were mind opening and I would like to share with world. When it comes to stock investing, some obvious things are not quite obvious. Anyone can make a killing just by investing in the stock market. There is no point in investing […]
We’ve demonstrated a strong track record of being very disciplined with the use of our cash. We don’t let it burn a hole in our pocket, we don’t allow it to motivate us to do stupid acquisitions. And so I think that we’d like to continue to keep our powder dry, because we do feel […]
The investor cannot enter the arena of the stock market with any real hope of success unless he is armed with mental weapons that distinguish him in kind – not in a fancied superior degree – from the trading public. – Benjamin Graham, The Intelligent Investor (1949). Over the past seven decades, the U.S. stock […]
Netflix is one of the best performing stock in history. From its IPO date, its stock is up more than 25,000 times. If you had invested $10,000 in Netflix on its IPO date, you will have $2.5 million today. Well, I certainly am not that lucky person! However, I did speculate in its sock for […]