“The best or nothing” – Mercedes Benz “The Ultimate Driving Machine” – BMW In the past few days/weeks, Mercedes and BMW reported their earnings. The results were consistently terrible. The stock price after earnings release reflected the disapproval from public market. Indeed, if we take a closer look at these German car giants, they are… Read More »
4 months ago, I wrote about “The beginning of the end for Facebook” (here). In the past week, Facebook had its biggest drop since the company went public and lost approximately 20% of the company valuation one day. That among of market value is larger than 400 companies in S&P 500 index. Just pause here… Read More »
(This article was originally written in Chinese and published here. Please pardon the inaccurate translation here from original article) In 1970, a man named Eugene Fama put forward the theory of efficient markets, believing that any open market information has been reflected in the prices of real-time financial products (stocks, bonds, etc.) and therefore individual… Read More »
Note: topics under case studies are for illustration purposes only. They are not investment recommendations. We may or may not maintain active holding at time of publishing and we will make decisions about the investments involved solely on their merits from value investing perspective without any prior updates to this post. Ticket: LL Category: Long… Read More »
Unfortunate event, but excellent opportunity for investors who can remain unaffected by market sentiments