Meta-learning
You must not fool yourself, and you are the easiest person to fool.
Recent Articles
Raw egg and boiled egg
When we feel fragile, we’re like raw eggs; when we develop more resilience, we’re like hard-boiled eggs
Sunk cost and opportunity cost
Everything should be done in terms of opportunity cost.
How to evaluate investments - Future Value and Present Value
Remember that stock prices are not about the past. They are a prediction of future cash flows discounted back to the present.
How to read financial statements - CF Statement of Cash Flows
Why focus on cash flows? Because a share of stock is a
How to read financial statements - P&L Income Statement
For business owners, there are many important documents to learn to read. One of the most important is P&L.
How to read financial statements - Balance Sheet
We will reject interesting opportunities rather than over-leverage our balance sheet. - Warren Buffett
How to read financial statements - Financial statements - "Beginner's Guide"
The reaction of weak management to weak operations is often weak accounting.
The fast world and the slow world
The faster you go, the shorter you are.