Core Insights - The article discusses the author's background in value investing and experience in private credit and commercial real estate (CRE) mezzanine financing, highlighting a focus on classical value ratios for portfolio selection [1] Group 1: Author's Background - The author has a full-time commitment to value investing and writing, with a previous career in private credit and CRE mezzanine financing for a family office [1] - The author is fluent in Mandarin and has experience as a court interpreter, indicating strong communication skills in business and legal settings [1] - The author has collaborated with prominent CRE developers such as The Witkoff Group, Kushner Companies, Durst Organization, and Fortress Investment Group, showcasing a robust professional network in the industry [1]

美国总统特朗普刚刚迎来了他人生中最赚钱的一年。但从增幅来看，他的直系亲属——包括儿子埃里克、小唐纳德和巴伦，收益表现更佳。 图片来源：ILLUSTRATION BY LOUIS FISHAUF FOR FORBES 原文标题：《特朗普的孩子们靠父亲的总统身份赚了多少》 特朗普的父亲弗雷德（Fred），通过在纽约市建造两万套公寓发家致富。1968年，唐纳德加入父亲的公司。从一开始，他就显露出野心勃勃的本性与果决 无情的行事风格。 1982年，《福布斯》美国富豪榜首次发布，他与父亲一同上榜，当时他们的财富合计为2亿美元（按今日价值约合6.6亿美元），当时他留下这样一句名 言："人类是所有动物中最凶残的，而人生就是一系列战斗，结局非胜即败。"数十年后，随着特朗普入主白宫，他的家族正以全新的方式将这种"杀伐本 能"变现。 特朗普一家并非首个利用总统职位牟利的家族。 吉米·卡特（Jimmy Carter）的弟弟比利（Billy）曾推广过比利啤酒（Billy Beer），还收受过利比亚方面的资金；理查德·尼克松（Richard Nixon）因担忧 弟弟唐纳德的商业往来，曾窃听其电话；亨特·拜登（Hunter Biden） ...

Group 1 - The author has a background in private credit and commercial real estate (CRE) mezzanine financing, indicating expertise in financial analysis and investment strategies [1] - The author has collaborated with prominent CRE developers, suggesting a strong network and understanding of the real estate market dynamics [1] - The author is fluent in Mandarin, which may provide an advantage in understanding Asian markets and investment opportunities [1] Group 2 - The article does not provide any specific investment recommendations or financial advice, emphasizing the author's personal opinions and research [2][3][4] - There is no disclosure of any current stock or derivative positions in the companies mentioned, indicating an unbiased perspective [2] - The content is intended for general informational purposes and may not be suitable for all investors, highlighting the importance of individual financial situations [3][4]

Group 1 - The author has a background in private credit and commercial real estate (CRE) mezzanine financing, indicating expertise in financial analysis and investment strategies [1] - The author has collaborated with prominent CRE developers, suggesting a strong network and understanding of the real estate market dynamics [1] - The author is a fluent Mandarin speaker, which may provide advantages in understanding Asian markets and investment opportunities [1] Group 2 - The article does not provide specific investment recommendations or financial advice, emphasizing the author's personal opinions and research [2][3][4] - There is no indication of any current stock or derivative positions held by the author in the companies mentioned, which may suggest an unbiased perspective [2]

I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. My previous working background is in private credit and CRE mezzanine financing for a family office. I'm also a fluent Mandarin speaker in both business and court settings, previously serving as a court interpreter. I have spent a good chunk of my adult working life in China and Asia. I have worked with top CRE developers in the past including The Witkoff Group , Kushner Companies, Durst Organization and ...

Core Insights - The article discusses the author's background as a value investor with experience in private credit and commercial real estate financing, highlighting a focus on classical value ratios for portfolio selection [1] Group 1: Company Insights - The author has previously worked with notable commercial real estate developers such as The Witkoff Group, Kushner Companies, Durst Organization, and Fortress Investment Group, indicating a strong network within the industry [1] Group 2: Investment Position - The author holds long positions in several major companies including Johnson & Johnson (JNJ), Apple (AAPL), Microsoft (MSFT), Berkshire Hathaway (BRK.B), and Alphabet (GOOGL, GOOG), suggesting a diversified investment strategy [2]

Group 1 - The article discusses the ongoing trade war, highlighting that while it is not completely resolved, China remains a significant player in trade deals [1] - The author emphasizes the complexities and uncertainties surrounding the trade deal, indicating that the situation is fluid and requires close monitoring [1] Group 2 - The author has a background in private credit and commercial real estate financing, which may provide insights into investment opportunities in these sectors [1] - The author has experience working with prominent commercial real estate developers, suggesting a strong understanding of the industry dynamics [1]

Group 1 - The article discusses a value investing approach focusing on classical value ratios such as low P/B, P/FCF, Owner Earnings discounting, PEG ratios, and the Graham Number [1] - It emphasizes the importance of tracking earnings growth versus price appreciation as a key element in evaluating investment quality [1] - The author advocates for self-indexing using the Dow Jones Industrial Average combined with Joel Greenblatt's Magic Formula for tax efficiency [1] Group 2 - The author has a background in private credit and CRE mezzanine financing, having worked with notable developers like The Witkoff Group and Fortress Investment Group [1] - The author is fluent in Mandarin and has experience working in China and Asia, which may provide insights into those markets [1]