Heavy thunderstorms sent the typically arid United Arab Emirates into chaos yesterday, with Dubai recording more than 5.59 inches (142 mm) of rain in just 24 hours since Monday night
The most in 75 years and equivalent to 1.5x the total seen in a typical year. Source: Chartr, The Washington Post
How does Buffett find great investments?
He uses his 4 filters: "Charlie and I look for companies that have a) a business we understand; b) favourable long-term economics; c) able and trustworthy management; and d) a sensible price tag." Simple, but not easy rules to follow. By "The Investing for Beginners Podcast"
The master has failed more than the beginner has tried
Thru Yasin Arafeh
Scarcity matters by Quartr.
Enzo Ferrari's iconic quote "Ferrari will always deliver one car less than the market demands" remains deeply ingrained in $RACE's DNA until this day. While companies in this chart are leveraging different strategies, they are all automakers. Comparing the EBIT margins (FY 2023) of a select group of automakers:
Don’t time the market
Thru Compounding Quality
Eisenhower Matrix : Busy-ness doesn't equal productivity.
Credits : Ben Meer, Alvin Foo
Agree
Source: CNBC
Any person capable of angering you becomes your master
Source: Psyche Wizard
