While diversification has been touted as a cornerstone of smart long-term investing, Charlie Munger claims, "Diversification is for those who don't know anything." https://t.co/7nFUXipWJw ...

Horizontal integration = combining with competitors.Vertical integration = taking control of suppliers or distributors.Two strategies, two very different paths to growth.https://t.co/ncD9kwmtxv https://t.co/kCxWXwyYTs ...

Gross profit is the profit a company makes after deducting the costs of making and selling its products or services. It's also referred to as gross income. https://t.co/UHXUdaj4GS ...

Warren Buffet has famously never split the Class A shares of Berkshire Hathaway. Here's why. https://t.co/gAqPKJt3aF ...

Coming up: reports from JPMorgan and other big banks, a bond market holiday, shutdown-related data delays, and remarks from top Fed and government officials. https://t.co/cvdq8Gcxyx ...

Learn about the benefits of cost accounting, how it differs from financial accounting, and the role it plays in businesses. https://t.co/ZrhCoCvXak ...

Discover Warren Buffett’s investing secret: emotional intelligence. Learn how patience, discipline, and self-awareness can make you a smarter long-term investor. https://t.co/8JUIPaK3Z5 ...

For value investors, low stock prices don't always signal value; they can also be red flags. https://t.co/1LlHOO5TE3 ...

Is inflation wearing down your dollars? Listen to Warren Buffett's advice on how to defend your finances against inflation. https://t.co/lsAm3F9kOj ...

Economic Indicators - Purchasing power parity (PPP) compares currencies to reflect cost and standards of living differences across countries [1]