Polestar. L

@635730590

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194 Followers

A master ice cream taster.

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While rent control and housing cooperatives still exist, the idealistic ideology

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Hazelnuts! Trying this week

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But the intelligent investor always digs deeper. Here’s what a skeptical look at Cisco and Sysco’s financial statements would have turned up:

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世上只有一种英雄主义，就是在认清生活真相之后依然热爱生活。

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鸿渐“咄咄”道：“那里来的话！真是神经过敏。”

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• Being naïvely optimistic. Being hopeful is often helpful in other fields, but in investing it’s much better to be objective and

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with the bursting of stock market bubbles. For example, on February 14, 1929,

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This was followed by a second crash, another boom from 1932 to 1937, and a

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放弃无法转变的思维，事情就会有转机

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8 Louis K. C. Chan, Jason Karceski, and Josef Lakonishok, “The Level and Persistence of Growth Rates,” National Bureau of Economic Research, Working Paper No. 8282, May, 2001, available at www.nber.org/papers/

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T he “aggressive” investor should start from the same base as the defensive investor, namely, a division of his funds between high-grade bonds and high-grade common stocks bought at reasonable

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