Tag: elon musk
-
14. It’s a war
“In business, I look for economic castles protected by unbreachable moats” Warren Buffett Capitalism is like life, it is a war. Our goal is to find the best fortress where to put our capital, ideally a fortress with a wide moat, and a smart and powerful lord.In the course of human history, battlegrounds have changed…
-
13. 10-K
“The SEC enforces the securities laws to protect the more than 66 million American households that have turned to the securities markets to invest in their futures—whether it’s starting a family, sending kids to college, saving for retirement, or attaining other financial goals.” sec.gov As explained on the first page of the SEC website, the…
-
Cryptocurrencies
As usual, I want to start with a quote, in this case, Naval Ravikant, a notorious entrepeneur and angel Investor. For those uninformed about this branch of investing: Angel investors are the first investors in embryonic projects, namely start-ups. Naval is active on Twitter (@Naval) and, if you are interested, I warmly suggest you to…
-
Case Study 2 – Berkshire Hathaway
Do you remember when I spoke about how companies reward us? (7. How the companies reward us). I decided to write some case studies in the course of this blog because I think that reinforces the concepts in our minds. Initially, the goal of those studies is to explore events that give us a hint…
-
12. Starting point
Well, let’s start our journey through the numbers. As I said, quantitative analysis isn’t my preferred part. I prefer good stories, but over time, due to some errors, I understood the importance of numbers. Stories sometimes lie (i.e because the CEOs lie, often they are only good salesmen. We will learn how to value a good…
-
11. Stories and numbers
“Investing in stocks is an art, not a science, and people who’ve been trained to rigidly quantify everything have a big disadvantage.” Peter Lynch Peter Lynch is one of the best investors of all time, he ran the Magellan fund, which earned an annual return of 29.2% from 1977 until 1990. In other words, if…
-
10. Circle of competence
“The game of investing is a process of discovering who you are, what you’re interested in, what you’re good at, what you love to do, then magnifying that until you gain a sizable edge over all the other people.” Li Lu – Himalaya Capital Fund. One of the most essential things in investing is to…
-
Case study 1 – Tesla (TSLA)
In the eighth article (8. Mr Market), I wrote about Tesla (TSLA) and its high quotation in relation to other carmakers. In my series of articles I haven’t touched the fundamental analysis basis.Anyway, Tesla gives me the chance to highlight some points and concepts. As you can read in the “Mr. Market” article, sometimes the…