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

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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 9 Dhandho 202: Invest in Businesses with Durable Moats

Every once in a while a business with a secret sauce for enduring outsize profits emerges. Moat allows businesses to earn supernormal profits. Example of businesses with deep moats: Coca-Cola, Citigroup, BMW, American Express and more. How to identify moats? Look at it’s financial statements. The balance sheet tells us the amount of capital deployed and the income and cash flow statements tell us how much they are earning off that capital. Example: if a Chipotle store costs $700,000 to open and it generates $250,000 a year in free cash flow, every three years it can take that cash flow and open another Chipotle.  When it starts franchising, the return on invested capital is exponentially higher. There is no such thing as permanent moat. When you are using DCFs, better to not calculate for longer than 10 years.

Watch The Dhandho Investor Chapter 8 full summary here 👇:
https://youtu.be/C67kDLn3VrM

Read The Dhandho Investor Chapter 8 full summary here 👇:
https://mysweetluck.blogspot.com/2019/08/the-dhandho-investor-summary-chapter-8.html

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