Why Berkshire Hathaway Can Buy Companies for Less Than Fair Market Value
Imagine you are an entrepreneur. You started a company decades ago with a few thousand dollars, and now that company has grown into a large business that makes tens of millions of dollars per year...
Last week, Biden used emergency powers to ban U.S. investors from investing in Chinese quantum computing and computer chip manufacturing companies. The full scope of the ban still has to be fleshed...
Three years ago, I designed a trading algorithm that predicted market moves based on the propagation of information & sentiment from niche communities in Twitter and Reddit to niche media sites...
"The 2023 banking crisis is not over as long as there are banks with Deception Ratios over 100%. The Fed solved the bank liquidity problem without addressing the bank solvency...
"Imagine if you bought $100,000 of bonds and then the bond market dropped by 20%. If you were a normal, rational person, you would say your portfolio is now worth $80,000. However, if you were a...
Bank balance sheets are filled with lies because the majority of assets on their balance sheet are usually reported at "amortized cost" rather than "fair value". When interest rates go up, the...