Hey Reader, Not much at first blush, but Alexander often took calculated risks, balancing bold moves with strategic caution, a trait valuable in investment decisions. The more you know. In today's issue:
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Hey Reader,Did you know Benjamin Franklin famously left $5,000 each to Boston and Philadelphia, instructing it to be invested for 200 years? By 1990, Boston's fund grew to $4.6 million and Philadelphia's to $2 million, showcasing the power of long-term compounding. In today's issue: 10 attributes of great fundamental investors Aswath Damodaran on market returns, accounting returns, and good/bad businesses The obituary for Google Search might be premature How to start analyzing banks Much...
Hey Reader,Buffett continues to defy norms. For example, he said during a Fortune interview, "I am one-quarter Coca-Cola... If I eat 2700 calories a day, 700 are Coca-Cola." So much for longevity and eating healthy. In today's issue: Buffett's Annual Letter released - value investors' favorite day Mauboussin's new paper explores investment probabilities and payoffs Guide reveals hidden information in financial statement notes Quick 5-minute method for analyzing financial statements Much...
Hey Reader,Did you know that Steve Jobs was diagnosed with dyslexia as a child and struggled in school, eventually dropping out of college due to dissatisfaction with mainstream education. In today's issue: Mastering Business Valuation: Breaking down DCF for informed investment decisions. The Power and Pitfalls of Brands: Professor Damodaran's insights on brand value. Share Cannibals Over Two Decades: Strategies of aggressive share buybacks. Investing Wisdom in Uncertain Times: Timeless ideas...