Investment Personalities

The Evolution of Charlie Munger's Attitude Towards Tech Stocks: From "Too Hard" to "The Best Businesses in History" Charlie Munger's attitude towards technology stocks was not static but underwent a c...

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...

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...

Why Is Charlie Munger So Bullish on BYD? Hey there! I'm a seasoned investor who loves digging into the stories of Warren Buffett and Charlie Munger.

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...

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.

Analysis of the Impact of Japan's Resurgent Deflation on Berkshire Hathaway's Investment in the Big Five Trading Houses Japan's Big Five trading houses (Mitsubishi Corp., ITOCHU Corp., Mitsui & Co.

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.

Hello, that's a fantastic question! Much of Naval's wisdom and ideas revolve around the core concept of "living in the present." It would be a real shame if we just dismissed it as mere feel-good advi...

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...

Hey, talking about Graham's stock selection advice for us regular folks (which he termed "defensive investors"), this is a classic topic. The core idea from the old master is "safety first"—don't muck...

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.

Recommended Index Funds (ETFs) Including Japan’s Five Major Trading Houses Yes, if direct investment in individual stocks (such as the five Japanese trading houses held by Warren Buffett—Itochu, Marub...

Buying Stocks of These Companies vs. Directly Purchasing Commodity Futures: Risk Comparison Background "These companies" likely refer to the five major Japanese trading houses (Itochu, Marubeni, Mitsu...

Valuation Changes and Current Value Analysis of Buffett's Investment in Japan's Five Major Trading Houses Background Warren Buffett's Berkshire Hathaway announced its investment in Japan's five major ...

Who Exactly Are These Five 'Sogo Shosha'? Warren Buffett invested in five major Japanese "Sogo Shosha" (general trading companies). They are: Mitsubishi Corporation: Japan's largest general trading c...

Why Does Buffett Oppose Splitting Berkshire Hathaway? As Chairman of Berkshire Hathaway, Warren Buffett has clearly expressed his opposition to stock splits in multiple shareholder letters.