https://seekingalpha.com/article/4162971-chinas-secret-weapon
https://www.amazon.ca/dp/B018HDTZL6?ref_=r_ea_vl_b_0_rsw_ss_AAAUAAA
This is the story of Japan’s largest private investor, Wahei Takeda: how he made his fortune and how he thinks about money—making it, investing it and using it for good in the world—based on his profound teaching of maro, the core principle of his way of life and the foundation of his success. By learning about maro through the example of Wahei’s life, you can also become financially successful—and profoundly happy to boot.
Often called “the Warren Buffet of Japan,” Wahei Takeda is the most successful investor in the country, and no doubt he’s the happiest one, too! My success is a direct result of listening and applying Wahei’s philosophy of “Maro Up!” to my own life and business. We know from personal experience, that if you take what you learn in this ebook and apply it to yourself, you too, will see success blossom in your life.
I am very grateful to have read this short book about Wahei. You should take a moment and read this too.
https://seekingalpha.com/article/4161269-amazon-powerful-force-universe
https://seekingalpha.com/article/4157375-basic-guide-successful-investing-part
Most investors jump into and out of stocks after a few years, or even months, and miss the true power of long-term investing. Sure, we take a beating here and there along the way, but quality always recovers and buying a stock in a high-quality company when it is priced as a bargain generally works out better than trading in and out. Remember, you are collecting those juicy dividends along the way. The annual dividend on 14,400 share in 2017 was $63,412.
So, sticking with quality companies and investing for the long term to allow the power of compound interest work for you are the first two key elements of successful investing. I will get into more about how I identify “quality companies” in practice as we move through the series.
https://seekingalpha.com/article/4157783-basic-guide-successful-investing-part-ii
If you want to be a millionaire you need to invest like one. The ultra-wealthy do not need all the income from their investments. And they certainly are not desperate to increase their income from investments every year. But it just happens anyway without their trying. How? I’m glad you asked.
You see, wealthy people can afford to wait for bargains.
There may be more skill, in terms of knowledge and experience, on Wall Street than most of us have. But we don’t really need that much skill. The thing we need the most is patience. Add a little skill and a solid plan to a lot of patience and you’ll do much better than relying on Wall Street.
https://seekingalpha.com/article/4153684-bitcoin-new-gold
Many people have questioned Bitcoin’s ability to be considered a viable store of value due to its volatile price action. This is primarily because Bitcoin is still in the relatively early stages of its existence, and at this stage of the cycle Bitcoin is still more of a creator of value than a store of it, for now. Despite its sharp fall from recent all-time highs, Bitcoin is still up by roughly 1,000% over the past year. Moreover, it is up by an unprecedented 450,000,000% or so since its first two pizza “commercial” transactions was implemented in 2010, when Bitcoin was valued at just one quarter of just one cent. Once Bitcoin’s price stops ballooning and becomes more stable it will stop being a “creator of value” and can be viewed as a store of value instead, as well as a possible “more stable” form of a worldwide currency.
While the scenario I proposed may take several years to play out, various favorable developments may materialize as soon as the second half of this year. These factors could spark a significant rally in Bitcoin that may propel the digital asset’s prices considerably higher into year’s end. My end of year price target for Bitcoin is $35,000.
https://seekingalpha.com/article/4156666-apple-tech-rally-exhausted-time-hedge
The trend is your friend.
Be fearful when others are greedy and be greedy when others are fearful.
Buffett wasn’t merely telling a teenager to stay away from bullies or the kid smoking pot in the back of the school. He’s teaching a life lesson for all of us about absorbing the very qualities and traits of successful people further down the path than you — the ones whom have demonstrated the people skills and character traits that will elevate us and make us better as leaders, workers, and human beings.
In growing your influence as a leader, business owner, or professional so others will gravitate to your inner circle, there are four things that you want to look for in people better than you, so you can “drift in that direction.”
…
https://seekingalpha.com/article/4154445-netflix-the-new-content-king-seemingly-unstoppable
http://www.berkshirehathaway.com/letters/letters.html
The Annual Meeting (2017)
The annual meeting falls on May 5th and will again be webcast by Yahoo!, whose web address is https://finance.yahoo.com/brklivestream. The webcast will go live at 8:45 a.m. Central Daylight Time. Yahoo! will interview directors, managers, stockholders and celebrities before the meeting and during the lunch break. Both the interviews and meeting will be translated simultaneously into Mandarin.
Our partnership with Yahoo! began in 2016 and shareholders have responded enthusiastically. Last year, real-time viewership increased 72% to about 3.1 million and replays of short segments totaled 17.1 million.
For those attending the meeting in person, the doors at the CenturyLink will open at 7:00 a.m. on Saturday to facilitate shopping prior to our shareholder movie, which begins at 8:30. The question-and-answer period will start at 9:15 and run until 3:30, with a one-hour lunch break at noon. Finally, at 3:45 we will begin the formal shareholder meeting, which usually runs from 15 to 45 minutes. Shopping will end at 4:30.
On Friday, May 4th, our Berkshire exhibitors at CenturyLink will be open from noon until 5 p.m. We added that extra shopping time in 2015, and serious shoppers love it. Last year about 12,000 people came through the doors in the five hours we were open on Friday.
……
Come to Omaha – the cradle of capitalism – on May 5th and meet the Berkshire Bunch. All of us look forward to your visit.
February 24, 2018 Warren E. Buffett
Chairman of the Board
https://seekingalpha.com/article/4153142-still-just-correction-start-something-much-worse
Despite the worsening macro image, tarnished by Fed-induced tightening, higher rates, rising inflation, and the prospect of increased trade tariffs, the broader economy appears to still be largely insulated from these threats.
Moreover, GOP tax cuts, increased infrastructure spending, record corporate profits, GDP expansion, robust but still relatively stable inflation, positive sentiment, and increased overall economic activity should continue to serve as a catalyst to propel stocks higher in the short to intermediate term. Therefore, these fundamental elements coupled with a relatively constructive technical setup suggest that this correction is likely nearing an end, rather than transitioning into a bear market.
Longer term, the inflationary pressures coupled with rising rates, and other constricting elements are likely to cause a significant slowdown in the U.S. economy, which will likely lead to a recession coupled with a severe bear market. However, I do not expect this scenario to materialize until 2019/2020.
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