Value Investing

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...

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...

Actually, Warren Buffett's investment theory hasn't become outdated; on the contrary, many people are still learning from it.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

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...

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 ...

Warren Buffett's View on Conglomerate Valuation Discounts Yes, Warren Buffett believes that the valuation discounts typically applied to conglomerates (such as Japan’s five major trading houses) are e...

Answer Investing in American Express during the "salad oil scandal" perfectly illustrates Warren Buffett's investment principle: "Be fearful when others are greedy and greedy when others are fearful.

Was the investment in BYD Buffett's decision or Munger's decision? The investment in BYD was primarily Charlie Munger’s decision. In 2008, Munger conducted in-depth research on BYD and strongly recomm...

Why Did the Acquisition of See's Candies Have a Profound Impact on Buffett and Munger's Investment Philosophy? In 1972, Berkshire Hathaway acquired See's Candies for $25 million.

Why Does Warren Buffett Consider Market Prediction a "Fool's Game"? As a leading figure in value investing, Warren Buffett has repeatedly emphasized in his shareholder letters that attempting to predi...

Does Warren Buffett Prioritize Historical Performance or Future Potential When Evaluating a Company? As a leading figure in value investing, Warren Buffett places greater emphasis on a company's futur...

Why Does Warren Buffett Almost Never Invest in IPOs (Initial Public Offerings)? As a leading figure in value investing, Warren Buffett rarely participates in IPO investments due to his investment phil...

Warren Buffett's Three-Word Definition of a "Wonderful Business" Economic Moat: A sustainable competitive advantage that protects the business from rivals.