Investment Philosophy

Hello, regarding this question, let me share my thoughts. This matter is actually quite easy to understand if you look at it from these angles: First, the strong wealth effect and compelling narrative...

Certainly, this isn't complicated. Let's break it down thoroughly. First, don't get intimidated by the term "First Principles." Just understand it as: getting to the root of things, constantly asking ...

Actually, Warren Buffett's investment theory hasn't become outdated; on the contrary, many people are still learning from it. His core principles are just a few: buying stocks means buying companies, ...

That's an insightful question. When ordinary people look at Naval Ravikant, they might think he's preaching "ivory-tower theories" about personal hustle.

Okay, let's talk about this topic. If you've listened to Naval Ravikant's podcasts or read his quotes, you'll find he's someone who enjoys cutting through complexity and getting straight to the essenc...

Naval's Stance on Venture Capital: A Double-Edged Sword and an Optional Tool Hey, great question about Naval's view on venture capital (VC). Many assume that as the founder of AngelList and a renowned...

Here is the translation: Ha, talking about Graham’s "bible," there’s always so much to say. In my view, the enduring charm and vitality of The Intelligent Investor, spanning nearly a century from ciga...

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...

Okay, let's discuss this classic topic. Graham vs. Market Efficiency Theory: A Classic Showdown Simply put, Benjamin Graham did not believe at all that the market was perfectly efficient.

Answer: My friend, you've asked a particularly core question regarding The Intelligent Investor. This book holds significant weight in my heart, and reading it at different stages yields completely di...

Okay, let's discuss this question. Simply put, Graham does not emphasize macroeconomic analysis. In fact, it could be said that he held a rather cautious, even negative view towards it.

Haha, talking about The Intelligent Investor—this truly is the "bible" of the investment world. It's not a manual promising to tell you which stock will make you rich tomorrow; it’s a foundational phi...

Hey, that's a great question and truly fascinating. It's like asking, "If Li Bai were alive today, would he write poems with a keyboard or use voice input?" We can only make a reasonable deduction bas...

Friend, you've hit the nail on the head with this question – it's a topic many value investors constantly ponder and debate. My view is this: The "soul" of Benjamin Graham's investment philosophy is t...

Great question! This is a classic dilemma that almost everyone encounters when learning about value investing. Having played the investment game for many years, I've pondered this deeply myself.

Sure, no problem. When talking about Graham's book, The Intelligent Investor, it's like the "Nine Yang Manual" of the investment world. Despite being several decades old, its core principles feel even...

Okay, let's talk about Buffett and his teacher, Graham. If Buffett is the "Oracle of Omaha" in the investment world, then Benjamin Graham is the teacher of the "oracle.

Hey there, friend, that’s an excellent question you've asked—one that really hits on one of the core secrets in the world of investing. Many people assume that making money in the stock market require...

Okay, the question gets to the heart of value investing. Benjamin Graham objected to investing based on market predictions—this is almost the cornerstone of his entire investment philosophy.

How to Keep Your Emotions in Check Amid Market "Storms"? Bro, you've hit the nail on the head. Honestly, this question is a hundred times more important than asking, "What stock will rise next?".