What Makes Businesses Abnormally Profitable?
As recently as 2016, salt lamps were considered luxurious items with high price tags of 4 to 15 thousand pesos per lamp. My wife saw that salt lamps were sold incredibly cheap wholesale,
Keith Lim
Why I'm Not Acting On A 2023 Recession (Could, Will, In)
I’ve noticed financial influencers are confident that there will be a recession ‘In’ 2023. In response, many are selling everything and planning to buy back at the bottom. But I would caution against acting on this thesis. It sounds plausible (and plausible mistakes are the most dangerous ones), but
How A 1% Fee Can Destroy 32% Of Your Retirement
Many are unaware of how much fees from financial products cost over the long run. Just a 1% fee per annum can reduce your retirement net worth by 32%.
How Staying Power Made Warren Buffett Billions
Buffett made around 20% per annum his whole career. Hwang did above 40%. Who is the better investor?
Buy As If You Will Never Sell
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years." - Warren Buffett