Investment Philosophy

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...

Here's the English translation of the provided content, maintaining the Markdown format: Good, let's discuss how Benjamin Graham, the "father of value investing," viewed investment versus speculation.

The Essential Difference Between Warren Buffett's "Owner Earnings" and EBITDA Warren Buffett emphasizes "Owner Earnings" as a metric for evaluating a company's true profitability in value investing, w...

How Does Warren Buffett Handle Regret Over Missed Investment Opportunities (Such as Google)? Warren Buffett, a leading figure in value investing, has frequently discussed the regret stemming from miss...

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.

Charlie Munger's View on the "Spirit of Contract": Trust Trumps the Contract Hey, you asked about how Charlie Munger views the "spirit of contract" in business relationships.

Why Does Charlie Munger Emphasize a Macro Life Philosophy and Micro Emotional Management? Hey, I’ve always been fascinated by Munger’s ideas—he’s Warren Buffett’s partner and an exceptionally intellig...

How Does Charlie Munger Analyze How "Ponzi Schemes" Exploit Human Nature? Well, I've always enjoyed studying Munger's investment wisdom—I've gone through his book Poor Charlie's Almanack several times...

Here is the translation of the provided content into English, maintaining the original Markdown format: What are Charlie Munger's views on "things that cannot be quantified are still important"? Char...

Charlie Munger places such high value on mathematical and engineering thinking because he believes these two modes of thought form the bedrock of "Worldly Wisdom" and rational decision-making.

What is "Inversion"? How Does Charlie Munger Apply This Principle to Investing? Inversion, also known as "reverse thinking," is one of the core mental models most highly regarded and frequently used b...

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...

Actually, Warren Buffett's investment theory hasn't become outdated; on the contrary, many people are still learning from it.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, ...

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...

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.

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.

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...

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?".

What is the Core Investment Philosophy of this Book? If I had to summarize the soul of "The Intelligent Investor" in one sentence, it would be: Treat investment as a serious business, not a gamble.

Would you consider investing in these Japanese trading companies without the Buffett halo effect? Yes, I would consider investing in these Japanese trading companies (such as Mitsubishi Corporation, M...