Skip to main content

999 Warren Buffett Quotes - Learn His Secrets of Investing During & After Crisis

Featured

One Up On Wall Street SUMMARY Conclusion Chapter 20 – 50,000 Frenchmen Can Be Wrong

The market, like individual stocks, can move in the opposite direction of the fundamentals over the short term Be optimistic about America and investing in general Market declines are great opportunities to buy stocks in companies that you like You can never predict the market It takes years, not months to produce big results You can make serious money by compounding a series of 20-30 percent gains in Stalwarts Stock prices often move in opposite direction but the long term, the direct and sustainability of profits will prevail Buying a company just because its cheap is a losing strategy Selling an outstanding fast grower because its stock slights overpriced is a losing technique You don’t lose anything by not owning a successful stock Stock doesn’t know that you own it Don’t be attached to a winner Don’t stop monitoring the story If you don’t think you can beat the market then buy a mutual fund Keep an open mind to new ideas Read One Up On Wall Street by Peter Lynch Chapter 19 full su...

The Dhandho Investor SUMMARY Chapter 7 Dhandho 102 Invest in Simple Businesses

What is the formula to determine the intrinsic formula? John Burr Williams defined it as intrinsic value of any business is determined by the cash inflows and outflows – discounted at an appropriate interest rate that can be expected to occur during the remaining life of the business. For an example: a gas station for sale at $500,000. After 10 years it can be sold for $400,000. Free cash flow $100,000 a year. If you use discounted cash flow, the gas station will have an intrinsic value of $775,000. The gap between the intrinsic value and the purchase price is where the profit lies. John Burr Williams 'definition may be simple but the calculation for it is not. The Dhandho way to deal with this is only invest in businesses that are simple. The most potent way is to buy simple businesses with simple theses for why you can win more lose less.

Subscribe, Like and Follow me
YouTube: https://youtube.com/user/MySweetLuck
Twitter: http://twitter.com/MySweetLuck
Instagram: https://www.instagram.com/MySweetLuck/
Facebook: http://www.facebook.com/mysweetluck4u

#thedhandhoinvestor #mohnishpabrai #charliemunger #guyspier #warrenbuffett #valueinvesting #pabraifunds #chaiwithpabrai

Hey everyone, I'm Michael. I don't read books, I research them. This channel is all about best business books and I will be summarizing the books that I am researching chapter by chapter. Do Subscribe and Follow MYSWEETLUCK.

Subscribe: http://www.youtube.com/subscription_center?add_user=mysweetluck

Comments