Finance and Investment

Here’s the translation in Markdown format: Hey, that’s a fantastic question! Much of Naval’s thinking actually teaches us how to make wiser decisions, and the "sunk cost fallacy" is one of the most co...

Buddy, putting it this way: giving someone root access to your server is pretty much like handing them both the password and the key to your home safe.

Alright, let's break down the conditions for opening a NISA (Nippon Individual Savings Account) in Japan. The process isn't complicated; it's easier to understand if you think of it as a "tax-free inv...

Why Does Warren Buffett Say "Accounting is the Language of Business"? Warren Buffett has repeatedly emphasized in his shareholder letters that "accounting is the language of business" because accounti...

Simply put, 100QA tokens will embody the value of the 100QA system. Token Distribution Token distribution reflects your contribution to this system.

Hey, regarding this question, I can chat with you about it. Saying "Japanese people don't like stock investing" was largely true for a very long time, but the situation is undergoing some really inter...

Feasible Upgrade Paths To address the quantum computing threat, the Bitcoin community could consider the following upgrade paths: Adopt quantum-resistant signature algorithms: Hash-based signatures ...

Okay, this is an interesting question, let me break it down for you. This issue can't be simply answered as "good" or "bad"; it's more like a double-edged sword.

Hello! I totally get this question. When I first started researching Japanese stocks, I was completely overwhelmed by financial reports that looked like "gibberish.

Charlie Munger's criteria for evaluating fund managers are exceptionally rigorous. He seeks not merely investors with outstanding performance, but a "thought partner" who is intellectually mature, pos...

Charlie Munger on "Incentive-Caused Bias" and Its Harm to Corporate Decision-Making Charlie Munger regarded "Incentive-Caused Bias" as one of the most powerful and dangerous cognitive biases humans po...

Hey there! That's a great question. When people first start using NISA, this is a common concern – the fear of accidentally exceeding the investment limit.

Hello, this question really hits the nail on the head. This idea from Naval can arguably be seen as the "cornerstone" of his entire philosophy.

What Does Buffett's Loss on IBM Investment Indicate? Was It a Failure in Judging His Circle of Competence? Buffett's investment in IBM indeed ended in a loss (purchased in 2011, sold in 2017, with a l...

Hey, talking about Charlie Munger's philanthropy, it's actually quite fascinating. Like his investing, it's full of his personal style. He doesn't set up a global foundation like Bill Gates.

Charlie Munger's Perspective on the Life Value of Delayed Gratification Hey, that's an interesting question! I often enjoy reading Munger’s books and speeches too.

Okay, let me clarify the issue of asset inheritance within NISA accounts for you. Can assets in a NISA account be inherited? Let's start with the conclusion: Yes, assets can be inherited, but there a...

好的，关于旧NISA转新NISA的问题，我来给你梳理一下，尽量说得简单易懂。 Key Takeaway: You don't need to do anything; your New NISA account will open automatically. First and foremost: You do not need to complete any "conversion" proc...

Alright, no problem. Let me break down the tax implications of buying and selling stocks in Japan for you, trying to keep it as simple and easy to understand as possible.

Ha, you’ve hit the nail on the head. Before encountering Graham's ideas, like most people, I thought "risk" was something rather vague. But after studying his philosophy, especially after digesting Th...