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"The real money in investment will be made not out of buying and selling but of owning and holding securities" - Charlie Munger
Source: Investment Books (Dhaval)
The number of unicorns is plummeting
Since 2018, over 250 new unicorns have been minted each year, with the exception of 2021, when this number spiked to 787 – a rate of more than two unicorns per day. In 2022, new unicorn creation collapsed in 2022. Peak to trough there was a 90% drop in the new unicorn rate within five quarters. Just 21 new unicorns were created in Q1 2023. Source: Dealroom.co, TME
The young Warren Buffett with GEICO Analysis - a simple one-pager, so much powerful than an endless investment analysis
Source: The Investing for Beginners Podcast - IFB_podcast
How all 3 Financial Statements Connect
by Josh YourCFOGuy
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