While there are many more careers that capitalism doesn’t reward compared to those it ‘enormously rewards,’ a strong saving and investing strategy can make it possible for some to eventually achieve millionaire status. After all, as Munger pointed out, neither guru started out with a million dollars.“I don't think the wishing for the million dollars, though, is that — you know it just doesn't work that way, and I think, if you are lucky enough to have something that this market system rewards, you do very w ...

Strategy shares are back in the green along with Bitcoin today. Now, CEO Fong Lee made headlines when he said on the podcast podcast, "What Bitcoin did, that the company would consider possibly selling some of its cryptocurrency if needed to cover its dividend." But then the company announced it had acquired 650,000 Bitcoin. Now, that's the total, just over 3% of the total supply.It also established a $ 1.44% 44 billion US cash reserve that would cover that dividend for 21 months. Fong Lee is joining me now ...

Core Viewpoint - Value-stock selection should prioritize quality factors that support long-term growth rather than merely focusing on low earnings multiples according to Warren Koontz of Jennison Associates [1] Group 1 - Emphasis on quality factors in value-stock selection is essential for sustainable growth [1]

Group 1 - The core idea is that investing like Warren Buffett is achievable for anyone with a basic understanding of business quality, valuation discipline, and patience [1][2] - Buffett's investment strategy emphasizes buying high-quality companies with sustainable competitive advantages that drive long-term growth in earnings and cash flow [3][5] - Competitive advantages can stem from factors such as brand power, which allows companies to increase prices without losing customers, exemplified by American Express [4] Group 2 - A valuation philosophy is crucial for investing like Buffett; he focuses on business quality and maintains discipline regarding valuation when purchasing stocks [7][8] - Buffett typically avoids long-term investments in stocks with a starting price-to-earnings ratio (P/E) above 15, providing a margin of safety in his investment approach [9]

RT The Rollup (@therollupco)Delphi Labs founder @ZeMariaMacedo on his AI investing strategy."Investing in 10 funds with minimal overlap gets you exposure to 200 deals a year. You need funds with unique edge, not just SF party attendees." https://t.co/zwgidsf5ck ...