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Mastering the best of what other people have already figured out. Few days back, Larry Page announced his plans to create a new holding company called Alphabet. And Google will become a wholly-owned subsidiary of Alphabet. Also he made India-born and bred Sundar Pichai as the new CEO of Google. Three Edges to Beat Mr.
Your goal as an investor should simply be to purchase, at a rational price, a part interest in an easily-understandable business whose earnings are virtually certain to be materially higher five, ten and twenty years from now. What advice would you give to new investors? Asymp; 13 Comments. This is a recurring question that I keep getting, especially during bull markets which bring many new investors to the stock markets.
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Latticework of mental models. September 25, 2015. I have come across very few people in my life, who can solve complex problems effortlessly. I always wondered why? As usual I came up with an answer. They are born genius. For a very long time I never realized that it was a first conclusion bias. Some time back in the book Thinking Fast and Slow. By Daniel Kahneman, I came across the following story. 1,625 more words. July 16, 2015. Latticework of mental models. Blog at WordPress.com.PARSED CONTENT
The site had the following in the homepage, "I have come across very few people in my life, who can solve complex problems effortlessly." I noticed that the web site stated " I always wondered why? As usual I came up with an answer." They also stated " For a very long time I never realized that it was a first conclusion bias. Some time back in the book Thinking Fast and Slow. By Daniel Kahneman, I came across the following story."ANALYZE MORE BUSINESSES
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How a Fashion Icon Found his Life Purpose at Age 40. Finding your genius that special something you do very, very well can take time. Look at Giorgio Armani, who started the Italian fashion brand named after him in 1975 when he was 40 years old. Back then, he was just another middle-aged man wondering if the best days of his life were behind him, writes Michael Hainey in this gq.
Value is what you get. Checklists are important in a way that they help keep a tap on things for you and in investing many a times emotions and short term deprival super reactions can bring about the worse in you. That being said, the importance of serendipity and embracing multi-disclipinary thinking cannot be underscored. You know or you think you know? .
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