Finance Articles A-Z. Excellent Bookmark page (scroll down a bit), to refer whenever you want to learn more on important Financial concepts with solid explanations and examples. h/t CFI 👏
Phenomenal compilation of about 50 great Book summaries. Such condensed knowledge from many great books in Business, Finance, Psychology & Biographies. h/t @stig_brodersen@PrestonPysh 👏
When I'm investing for the long-term in individual businesses, I would rather invest in the wrecking balls and not the crumbling walls, irrespective of the short term fears. (Not advice).
$UPST These are definitely weird times. You never expect a position (bought for long-term) to return more than 100% in 7-8 business days.
Although I usually wait few Qtrs after any IPO to understand the how the Business & Management perform in Public Mkts, in this case as I was still researching/liking the Company, Mr. Market offered a 50% discount on March 5th/8th and I couldn't resist.
✔️Attractiveness of it's current products (making credit available for more eligible people, using better/comprehensive metrics compared to legacy ones).
✔️Confidence in your analysis
✔️Don’t check stock quotes daily
✔️Diversify
✔️Be completely objective in your selection AND selling process
✔️Invest in ETF’s and index funds
✔️Focusing on the long term
✔️Building a portfolio from a position of strength
Few good quotes from the article.
"If you are playing the markets to get rich as opposed to building wealth, you are almost certainly bound to lose."
Along with Clayton Christensen and David Gardner, the person that inspired me the most to think about innovation, disruption, growth and trends is @adam_hartung🙏
Highly recommended blog for anyone interested in those topics.
✔️the major ongoing trends
✔️on the importance of not ignoring them
✔️how certain Co's are capitalizing on them while others fall behind
✔️how to leverage trends, scenario planning & strategizing in effectively serving your Customers