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First Principles are the core ideas or facts that exist in the world that are irrefutable. We can build on them in order to come up with more complex ideas.
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Many things are random, but many things are not. When it comes to investing in stocks, it pays to know the difference. What are the cause and effects relationship in the market and what must be accept as truly random events?
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Charles Schwab is one of the largest asset managers and broker-dealers in the U.S. I used to think that all they did was execute trades, but their business model is actually a lot more involved than that. They're also a bank and an investment manager.
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Today we look at another one of the U.S.'s largest asset managers, which has always operated from a philosophy of growth investing.
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Franklin Resources is one of the largest asset managers in the country and boasts a very clean balance sheet and a strong record of delivering returns to shareholders. Will the future be as great as the past for new investors?
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Let's look at one of the faster growing companies in the S&P 500. Starbucks sells coffee, and is one of the largest coffee companies in the world.
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Today we discuss a mental model that, well, talks about models!
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It's one of the largest healthcare companies in the world. From medical devices, to drugs, to Band-Aids and Tylenol, Johnson and Johnson is the premier healthcare conglomerate in the United States.
Johnson and Johnson's quality of earnings is so high, I am willing to bet that they are a company that will actually be around and earning a profit 50 years from now. I found their credo inspiring, and their de-centralized business model helps them continue to grow at a steady pace in spite of their size.
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General Electric has had some major changes recently. Let's discuss their impact for current and new investors.
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Let's talk about the fourth of the big four payment providers - Mastercard. We'll discuss similarities between MA and its main competitor, Visa (V), as well as the present and past valuations of this stock.
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