The Wealth of Nations, written by Adam Smith, is truly a masterpiece. Billionaires such as Warren Buffett and Charlie Munger have admired and praised Adam Smith's writing. Here's a video form Berkshire Hathaway's 2015 shareholder meeting, where Warren Buffett and…
Tag: Price
What Determines The Wages Of Your Labor?
Wages have always been a topic of discussion. I sometimes see people talk about how even after getting a 4 year degree, they barely make enough money to sustain themselves. On the other end, I see folks who never went…
Is High Inflation Around The Corner?
As coronavirus outbreak has locked down many cities and states in the United States, unemployment is on a rise. According to the Department of Labor's news release on March 26, 2020, the seasonally adjusted initial unemployment claims was 3,283,000, an…
Are Commodities In Your Portfolio?
What are commodities? Commodities are basic goods, which are often used as inputs in the production of other goods and services. Overall, there are 4 kinds of commodities: Metals, Livestock & Meat, Energy, and Agriculture. Gold, silver, copper, hogs, live…
Value versus Price
While learning about value investing, one of the first concepts that I had to understand was the difference between price and value. This is the core concept that differentiates value investors from everyone else. Let's talk about this in detail.…
How and why China devalues its currency?
I am sure all of you have heard US President Donald Trump accuse China of manipulating China's currency. He claims that China devalues its currency in order to stay competitive. Let's break that down and see how and why China…
What is going on with the US Economy?
Now that the US stock market is at an all time high, you might be wondering when is this mania going to end? It's been about 10 years since the great recession of 2007. When I see the market tick…
What happened to GE?
Ever since Jack Welch left, it seems that GE just can't seem to be that blue chip that it once used to be. Some claim that Jack Welch is the reason why GE is in this tough position. They say…
Is Wells Fargo (WFC) a good investment?
Wells Fargo is an American financial company, which has had some backlash due to its account fraud scandal. Is this a big enough hole for you to abandon the WFC ship and hop over to another ship? Or are you…
Is Apple Overvalued?
Apple has been the spotlight of attention this year. Investors like Warren Buffett have been buying Apple shares in the open market. Now if guy like Warren Buffett thought that Apple was a good buy at around $175, I am…
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