Monthly Archives: February 2018

5 major takeaways from Warren Buffett’s 2017 annual letter

By | February 28, 2018

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

By | February 26, 2018

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 »

How much money do you need for “Rainy Day Fund”?

By | February 22, 2018

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 »

Everyone is a company

By | February 17, 2018

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 »

“Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.”

By | February 16, 2018

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 »

Stock Recommendation – Big Five Sporting Goods

By | February 15, 2018

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 Big 5 (“BGFV”) has approximately 100% appreciation potential as the market works to correct extremely negative sentiment which put… Read More »

Four key principles for selections of bonds

By | February 14, 2018

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 »

Top 3 things you should never do in a market sell-off

By | February 8, 2018

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 »

Book recommendation

By | February 2, 2018

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 »