Essays of Warren Buffett
10 things we can learn. Source: The Investing for Beginners Podcast @IFB_podcast
Credit spreads have rarely been this tight.
So why are investors in corporate bonds undeterred despite the significant tightening in risk spreads (chart below)? Two reasons: 1) Higher yields ("risk free" component + spreads 2) More and more investors see corporate bonds as less risky than sovereign bonds Source chart: Bloomberg
😨 Worried about investing at all-time highs?
History says you shouldn’t be. Since 1989, forward returns after new highs have actually been better than at other times: 1yr: +13.5% vs +11.8% 3yr: +44% vs +39% 5yr: +82% vs +74%. Source: Charlie Bilello
Shorting the market is not an easy sport...
Below S&P 500 returns following Michael Burry’s stock market warnings... Source: Peter Mallouk
Let's hope that all that capex pays off
Source: @PeterBerezinBCA
If you buy individual stocks, you must know how to identify a moat
Source: Brian Feroldi
How to not lose money in the stock market
1: Wait longer Source: Brian Feroldi, BofA
Peter Lynch in a nutshell
Visual summary by @MnkeDaniel thru Brian Feroldi
