value creation.
Thoughts

Warren Buffett

Company’s moat Warren Buffett consistently emphasizes that he wants to buy businesses with prospects for sustainable value creation. He suggests that buying a business is like buying a castle surrounded by a moat and that he wants the moat to be deep and wide to fend off all competition. Economic moats are almost never stable. […]

universe
Thoughts

stephen hawking

What makes us unique is transcending our limits… How we transcend these limits-with our minds and machines.-stephen hawking Life would be tragic if it weren’t funny We are human but our nature is fly The greatest enemy of knowledge is not ignorance, it is illusion of knowledge People who boast about their IQ are losers   […]

Warren Buffett
Thoughts

Warren Buffett

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What’s needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework.-Warren Buffett Please follow and like us:0

mind
Thoughts

Josh Davis

Our minds operate like computers to some extent – when we are on autopilot mode, we would automatically work on the tasks at hand without thinking about whether these tasks are worth the time and effort. Just like when computer programs are running, they won’t stop unless commanded so.-Josh Davis Please follow and like us:0

John D. Rockefeller
Thoughts

John D. Rockefeller

I believe the power to make money is a gift of God … to be developed and used to the best of our ability for the good of mankind. Having been endowed with the gift I possess, I believe it is my duty to make money and still more money and to use the money […]

time
Thoughts

George Wald

“The time with which we have to deal is of the order of two billion years. What we regard as impossible on the basis of human experience is meaningless here. Given so much time, the ‘impossible’ becomes possible, the possible probable, and the probable virtually certain. One has only to wait: time itself performs the […]

abraham-germansky
Thoughts

Abraham Germansky

The more successful you are at something, the more convinced you become that you’re doing it right. The more convinced you are that you’re doing it right, the less open you are to change. The less open you are to change, the more likely you are to tripping in a world that changes all the […]

bull-markets
Thoughts

Abraham Germansky

Bull markets make stocks expensive, expensive stocks leave little room for error, and little room for error increases the odds of bull markets ending. Same thing in the other direction. Recessions cause pessimism. Pessimism causes underproduction, underproduction leads to scarcity, scarcity leads to a new boom.- Abraham Germansky Please follow and like us:0

big business
Thoughts

J.A. Hobson

“For big business has succeeded in imposing a wide acceptance of the view that success is a sound test and measure of a socially serviceable fitness or ability, and that large profits, even when visibly resulting from price-fixing monopoly, are a natural, a necessary, and a just incentive to the exercise of high business qualities […]