正在加载视频...

视频加载失败

*NEW EPISODE* VALUE: After Hours (S08 E27): I Studied Every 100-Bagger Stock in History. Here’s What I Found | Chris Mayer The Real Secret to Long-Term Investing What Makes a Potential 100-Bagger? The Four Things Chris Mayer Looks for in a Stock Jake’s Veggies: Why Investors Should Stop Trying...

11,630 次观看 • 27 天前 •via X (Twitter)

3 条评论

Delilah Wilder 的头像
Delilah Wilder25 天前

love these takeaways, especially starting small makes a big difference

Maeve Gallagher 的头像
Maeve Gallagher26 天前

definitely gonna check this out, sounds solid advice

Bill B 的头像
Bill B26 天前

If you created a neversell closed-end fund with 0.25% expense ratio I would buy it. You buy the best 200 stocks equally weighted. Dividends, private equity raids, and specials, just distribute every month as dividends in a t-bill buffer pool. Rather than buying new stocks for the fund, just every 5 years create a new fund. Neversell forever until last stock gone. In his 2016 book, I tested the 10 stocks that had the highest returns. BRK, CP, MO, WMT, TJX, LUV. I think they overall beat the market by 3% between 2016 and 2026. It is not that if market cap goes up, what matters more is if the price goes up. Just buying top 100 stocks by bagger amount probably beats Buffett and 99% of money managers. Just a guess.

相关视频

This is what it looks like when you tell your wife you just lost hundreds of thousands of $ dollars on Tesla stock… I just watched the latest video from Korean Tesla YouTuber “Tesla Crazy Lady” (테미녀), and honestly, it changed the way I see her. I used to really like her content bc I thought she represented the mindset of a true long-term Tesla investor. But after watching this, I think I understand why I don’t feel that way anymore. Holding a stock for 6 or 7 years doesn’t automatically make you a long-term investor… your mindset does. From what she shared, a roughly -14.5% one-day drop and many more from recent highs, it took her portfolio from around 1 billion KRW to 700 million KRW - a paper loss of about 300 million won (roughly ~$205,000 USD). She talked about feeling mentally overwhelmed, needing the $ money soon for a housing deposit, lowering her sell targets, and even wanting to sell everything and move into leveraged Nasdaq products. To me, that’s a major sign she isn’t built to be a long-term $TSLA investor. She’s much weaker than I thought. I’m not saying she’s a bad person or that selling is always the wrong decision. It’s her $, she can do whatever she wants… everyone has different financial situations. But if one earnings reaction is enough to make you question everything after YEARS of holding, it tells me the conviction wasn’t as deep as I originally thought. Tesla has NEVER been an easy stock to own. It’s gone through brutal drawdowns before, and every time they’ve tested investors’ conviction. If your thesis changes bc of short-term volatility, then most likely your conviction was tied more to the share price than to the business itself. Right now, Tesla is pouring $ billions into Robotaxi, Optimus, AI, and expanding manufacturing. Those investments are hurting near-term margins, but that’s EXACTLY what you’d expect from a company trying to build the next chapter and books of its business. Not everyone is built for that. Long-term investing is measured by so much more than just how many years you’ve owned the stock… it’s also measured by what you do when your conviction is tested. That’s when you find out who was investing in Tesla’s future… and who was simply enjoying the ride while the stock was going up. I’m disappointed in you 테미녀 : 테슬라에 미친 여자. Here’s the link if you want to watch her whole video:

Teslaconomics

39,230 次观看 • 2 个月前

A clip from Li Lu's greatest-ever public speech. The Columbia Lecture for Bruce Greenwald's 2006 Columbia Class. Here are 9 Learnings from Li Lu's Investment Strategy: 1. Why Value Investing Works The market isn’t built for value investors. It is built in a way that increases the urge to speculate. That’s why businesses are so often misprized in the short term. Value investors can benefit from this circumstance. 2. Understand Who You Are You’ll be more interested in some industries/topics than in others. And in investing, you can choose in what industries you’ll look for opportunities. Investors should use this advantage and be sure about their circle of competence. 3. Be a Journalist Being an investor is a lot like being a research journalist. You have to dig into the company on a level that journalists do when they research their stories. You also need to clearly articulate your thesis and research and bring it to paper. 4. Find the Truth A journalist also has to find the truth before he publishes a story. Same goes for an investor. It could be fatal if he makes a decision before he knows “the truth” about a company. Thus, he has to avoid all sorts of biases and misleading influences. 5. Commitment Bias One of these biases is the commitment bias. To avoid this one, Li Lu rarely agrees to public appearances. The more you talk about investments, the more you talk yourself into them. The perceived knowledge about a company increases for no reason. 6. ROIC Just like Charlie Munger, Li Lu emphasizes the importance of ROIC as a metric for superior performance and competitive advantages. The longer your holding period, the more your return will equal the ROIC of the underlying company. 7. Volatility As explained before, stock prices are a lot more volatile than the business behind that stock. Investors, therefore, should pay attention to slow, long-term changes in the business instead of stock prices. 8. Self Defense To Li Lu, the Margin of Safety is a concept of self-defense. Even if the company is more valuable than the market gives it credit for, the management could destroy this advantage. This possibility is something investors have to look out for. 9. Uninvestable Some industries are impossible to value. Li Lu gives the example of restaurants. Even if the business is great, there are little to no durable advantages. Investors shouldn’t try the impossible and just focus on what can be valued. You can find the whole Lecture on YouTube. I highly recommend watching it!

Daniel Mahncke

244,951 次观看 • 3 年前