Good traditions carry on. Every last weekend of February, value investors can count on one thing to happen that will make their weekend time very well spent: reading newly published annual letter from Mr. Warren Buffett, Chairman and CEO of Berkshire Hathaway. Being students of Ben Graham/Warren Buffett’s school of value investing here at Fuji… Read More »
How do you invest when we are 8 years into this current cycle? We get this question a lot, from friends and family, from clients, from colleagues and fellow investors. Unfortunately this is such an open-ended question that we have take a careful assessment to have a reliable answer. First of all, does number of… Read More »
Rainy-day fund, as the name suggests, is a fund with money set aside in case of emergency. Since it is for “rainy day” only, not “prolonged pouring month”, such money is not supposed to last for a long period of time. However, a recent article from CNBC showed that “only 39% of Americans have savings… Read More »
It is naturally the case, isn’t it? Your body, your belongings are your physical assets. Your reputation is your intangibles. Your borrowings (credit card, loans, mortgages, excessive level of cholesterol/body fat/blood sugar) are the liabilities. Your wages/incomes are the revenue you earn, the food you eat, the utility bills you pay are the operating expenses.… Read More »
Said Warren Buffett. “Then the people who took subway may end up riding out of Wall Street in a Rolls Royce, leaving their clients at subway station” – Author It is not to say that people taking subway are not experts in finance or money management and cannot give advice to people who are wealthier.… Read More »
Note 1: Before you continue, please read the disclaim at the bottom of the post. Note 2: This discussion here is at summary level. For specific numbers, calculations and considerations, please email the author at contact@fjicorp.com Big 5 (“BGFV”) has approximately 100% appreciation potential as the market works to correct extremely negative sentiment which put… Read More »
Recently I have been reading Ben Graham and David Dodd’s “Security Analysis” for the third time. Every time I found myself extracting some more wise advice from the book, and every time I can draw some crazy observations used by the authors as examples of speculation with something happening in today’s market, even though the… Read More »
Lots of things has happened in the past 1 week of February: Falcon Heavy was successfully lifted to the space – starman and the Tesla Roadster is traveling lonely in space listening to Prince’s Space Odyssey Twitter became profitable (finally!) 10-Year Yield rose to 2.85% XIV was “terminated” by crude hands of Credit Suisse Oh,… Read More »
From latest Gates Note blogpost, Mr. Gates recommended the upcoming book from Steve Pinker: Enlightenment Now. The book is going to be on sale by end of February and here is a link to pre-order: Enlightenment Now (Amazon Link) Please note that this link is not generating any reference fee for this website. I read… Read More »