Reading Time: 2 minutes What a day. I mean the stock market. Monday IBM gave us some good news. Today neither Citi nor Apple (and New Oriental if I may add) sent out re-assuring news, and the market (both Dow and Nasdaq) tanked… These days I started to read the Buffett shareholder letters date back to year 1978. I
Reading Time: 2 minutes These days “Buffett sold PetroChina stocks” are all over the news, especially in the Chinese news media. After all, Warren has the best track record among stock investors in our time. But, what should we, average investor, read from this news? Or (on the other hand) can we simple ignore this news? First let me
Reading Time: < 1 minute Jeremy Siegel, a Wharton Finance professor and a well known author, took 100 Wharton students to see Buffett as an annual tradition between the school and the Oracle of Omaha. Here is Jeremy’s report. You don’t need to read it all. I think this is the most important part: “Priorities:…But Warren does not stew about
Reading Time: < 1 minute If you read my blog for a while, you know I am a fan of Warren Buffett. Not just because he is the second richest man in the world; it has more to do with his investment philosophy and the way he lives his life. Last night CNBC’s had an one hour show in which the reporter
Reading Time: 2 minutes Words from Warren Buffett’s interview, mostly regarding his opinion on the markets, the full article is here. …Common stocks are part of a business. Markets are there to serve you, not to instruct you. You can often find a couple of companies that are out of line. Find one; get rich. Most people think that
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