The Alpha of learning

Financial,Investing,Business and Economic Interests

[Finding Compounders @F_Compounders]

Li Lu has held a single company’s stock for over 22 years

During this period , the stock has dropped more than 50% up to 6 times !

[Steve Burns @SJosephBurns]

“The goal of investment is to find situations where it is safe not to diversify.”

— Charlie Munger

[The Alpha of learning @manoffuture2050]

@QCompounding send

[Compounding Quality @QCompounding]

Profit on paper but no cash in hand?

There's a big difference between the Income Statement vs Cash Flow Statement

This e-book explains everything:

[Finding Compounders @F_Compounders]

Bill Ackman on What Makes a Great Investor

[Finding Compounders @F_Compounders]

Negotiating with Warren Buffett seems to be pretty tuff .

This is when he was negotiating to buy Clayton Homes

[Bill Ackman @BillAckman]

It is almost always the case that the higher the stock price, the greater the risk to shareholders.

Fannie Mae and Freddie Mac (F2) are rare examples of the phenomenon that the more their stock prices rise, the lower the risk of investing in F2, and the greater their intrinsic values.

The last time I experienced this phenomenon was when General Growth Properties (GGP) was on the path to emergence from Chapter 11 in 2009.

Like GGP, one of the risks to F2 is potential dilution to their common shareholders. As their stock prices rise, this risk is diminished, which increases shareholder value by further reducing the risk of dilution and so on. This phenomenon will continue to accelerate as more steps are taken to exit F2 from conservatorship.

You might call this phenomenon positive reflexivity. It is a rare but very powerful and important driver of shareholder value.

🌖

[Kevin Carpenter @kejca]

Warren Buffett: "If I had my choice of betting on who is going to have a special place in the minds of kids and their parents [10-20 years from now], I think I would probably bet on Disney."

"They call it share of market, but it starts with share of mind."

[Investment Wisdom @InvestingCanons]

Warren Buffett: Do this to clarify your thinking (& avoid investing mistakes)

[Finding Compounders @F_Compounders]

How shareholders have built, preserved Berkshire

[Finding Compounders @F_Compounders]

The folksy Billionaire from Omaha

[Finding Compounders @F_Compounders]

Start with buybacks in bargain hunt

[Finding Compounders @F_Compounders]

Warren Buffett preaches study, rational decisions

[Finding Compounders @F_Compounders]

Is McDonalds going bankrupt ?

We have all had a Big Mac, right ?

So McDonald’s will be a great example .

McDonald’s has a negative ROE .

What does that mean ?

I answer this question on my newsletter.

Link is in my bio

[Finding Compounders @F_Compounders]

Seeking value in small caps

[Finding Compounders @F_Compounders]

Warren and Me

[Finding Compounders @F_Compounders]

Buffett usually keeps companies

[Finding Compounders @F_Compounders]

Secrets of a Bargain Hunting Billionaire : Warren Buffett

[Finding Compounders @F_Compounders]

Money Master: Buffett

[Finding Compounders @F_Compounders]

Joel Greenblatt on the Efficient Market Hypothesis