Accounting is the language of business. As an investor you must know how to analyze a balance sheet. Here's a handy Cheat Sheet which teaches you everything you need to know.
Thank you kindly for yet another fantastic Quality Tuesday post!
The imagery in Item 2 is truly captivating, underscoring the profound nature of compounding – it's indeed the 8th wonder of the world! The quote in Item 3 had me chuckling; it's a witty and accurate observation!
Tomorrow marks the Big Day, and I must admit, I'm not sure if I'll manage to get any sleep due to my excitement. Lol!
I'm very happy to soon call you a 'PARTNER'. We're in this together from now on and I can guarantee you 1 thing: I'll eat my own cooking. All my investable assets will be invested in the portfolio. If you do well, I do well and the other way around.
“We have an attitude of partnership. Charlie Munger and I think of our shareholders as owner-operators.” – Warren Buffett
“I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.” - Charlie Munger
Most, if not all, large caps were small caps at one time. A well run small cap company should appreciate (price per share) more than a large cap...everything being equal.
My friend CQ,
Thank you kindly for yet another fantastic Quality Tuesday post!
The imagery in Item 2 is truly captivating, underscoring the profound nature of compounding – it's indeed the 8th wonder of the world! The quote in Item 3 had me chuckling; it's a witty and accurate observation!
Tomorrow marks the Big Day, and I must admit, I'm not sure if I'll manage to get any sleep due to my excitement. Lol!
I'm eagerly anticipating your email! ; )
Best regards,
The honor is all mine, Pavel!
I'm very happy to soon call you a 'PARTNER'. We're in this together from now on and I can guarantee you 1 thing: I'll eat my own cooking. All my investable assets will be invested in the portfolio. If you do well, I do well and the other way around.
“We have an attitude of partnership. Charlie Munger and I think of our shareholders as owner-operators.” – Warren Buffett
“I think I've been in the top 5% of my age cohort all my life in understanding the power of incentives, and all my life I've underestimated it.” - Charlie Munger
Is it ok that Tatton Asset Management is a small cap?
Every investor is unique and you always need to do your own due diligence. For me personally, I don't see problems to invest in small and/or mid caps.
Most, if not all, large caps were small caps at one time. A well run small cap company should appreciate (price per share) more than a large cap...everything being equal.
That's also what Buffett says all the time. Their large size hurts them A LOT.
The market is way less efficient when you look for small and mid caps, meaning that you can make a difference there if you make your homework.