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Or take the stock market. The valuation of every company is simply a number from today multiplied by a story about tomorrow.

Morgan Housel • Same as Ever: A Guide to What Never Changes

Reliance Industries Ltd (“Reliance” or “RIL”) is like an India-focused Exxon, Dow Chemical, Walmart, AT&T, and Comcast all rolled into one. If it fulfills its Jio vision, it will add Shopify, DoorDash, Zoom, WeChat, Square, AWS, and more to that roll. Its $200 billion market cap is the largest in India

Packy McCormick • Reliance: Gateway of India

Market Research

sari and • 8 cards

Alternative Investments

Anthony Fiedler • 8 cards

Our present liquid resources held in readily marketable common stocks are available for either acquisition of new businesses or for application toward greater profit opportunities in our present operations.

Warren Buffett • Berkshire Hathaway Letters to Shareholders, 2018

Incentives

nicole and • 16 cards

Thumbnail of www-x-com-whyyoutouzhele-status-1843674147282616748

10月8日晚，多家上市公司发布了股东减持相关公告。中谷物流公告称其股东宁波谷泽投资管理合伙企业将减持股票最多达6300.19万股，占公司股份总数的3%；格力电器计划减持不超过1242.81万股，占公司股份总数的1%。 https://t.co/VUkAs7BstP

李老师不是你老师

x.com

Growth Centric

Ivan Florentino • 1 card

I will create a rule for each of these five attributes. As we shall see, each works well on its own, but they are even more powerful when combined together into the Millennial Money strategy. The strategy identifies companies that: Have shareholder friendly practices (pay dividends, buy back shares, and pay down their debt) Earn strong returns on t