Wealth Library

TLDR   Through compiling many annual meetings and college speeches, I have isolated key points Warren Buffett has for how young investors can successfully build their wealth. This article is his advice geared toward individuals who want to replicate his success.  Key Points Start Early Study Many, Purchase One Go Big On Good Opportunities Surround Yourself With Winners Start Early Build experience.  If you want to be a successful investor, you should work at a number of businesses to understand how each of them works. Investing in stocks is a small piece of business, so to truly get into this world, you should know the inner workings of a variety of companies from firsthand experience. This includes talking to individuals in the different aspects of the business to build a holistic view of the operations. Along with firsthand experience, reading every book you can get your hands on about investing and the markets is a must. Successful investors must love to read and consu...

TLDR   This book series teaches the strategies, tactics, and principles that have contributed to the wealth creation of some of history's greatest investors, how these ideas came about, and how readers can improve their financial futures by learning various investment styles, such as growth and value investment strategies. The following summary brings to light key parts of each chapter to provide the reader with a thorough overview of the book's topics.   The Father of Value Investing Benjamin Graham is considered the father of modern investing, as many money managers and analysts have based their thinking on his principles. Those who have followed his approach have consistently achieved 20% annual returns. Before Graham's ideas, investing was more speculative and relied on tips, guesswork, or insider information. He introduced a new approach to investing, known as fundamental analysis, which transformed the industry by turning investors into professionals who rely on in-d...

TLDR A bond is like borrowing money from someone and promising to pay it back later with interest. It's a debt security that allows an investor to lend money to an organization or government in exchange for regular interest payments and the return of principal at maturity. What Is a Bond and What Is Their Purpose? Governments and corporations issue bonds when they need to raise money. You are basically lending the issuer money when you buy a bond. In return, they agree to pay you the whole amount of the loan on a specific date as well as regular interest payments (usually twice a year) during the repayment period. Bonds issued by firms do not provide ownership rights, in contrast to stocks . You won't necessarily benefit from the business's development, but you won't notice as much of an impact when the company isn't doing as well either, as long as the company still has the ability to make loan payments on time and doesn't default. This means that if you includ...

TLDR: BUY Macro   ◇    Management   ◇    Risks   ◇    Fundamentals   ◇    Valuation   ◇    Investors Occidental Petroleum (OXY) is an American company engaged in international hydrocarbon exploration, petrochemical manufacturing, and building up low-carbon technologies. Major macro factors are about to influence oil, and I believe picking up Occidental Petroleum at current prices will yield long-term gains from its recent lower swing in stock price. The Ukraine conflict, OPEC+, China easing lockdown policies, and US Government support the thesis of higher oil prices. Even using conservative valuations, I believe OXY stock is poised for major shareholder returns over the next 5 to 10 years. In my view, Occidental Petroleum is a strong buy at current levels and the inevitability of oil price increases favors the long-term holder. My personal average in OXY is around $55 per share,...

Happy New Year!!! Welcome to my blog! I have many ideas and plans I want to pursue each week that will help organize my thoughts and hopefully spark some new ideas regarding your investments.  So... l et's jump into it and talk about what has happened recently. What a crazy year we had. November closed out the annual inflation rate information for the U.S. at a whopping 7.1% . The next update on inflation will come out on January 12 at 0830 , so save the date! It's essential to track how inflation is doing in this environment and the thoughts of the FED.  The FED is looking to slow down the rate hikes, with many economists saying 2023 will begin the recession. It is important to remember that the economy lags behind the stock market, so the bottom will be in before the economy sees any relief.   Demand destruction is inevitable; the economy will spiral into a downturn with both interest rates and inflation remaining at current values. With this knowledge, perilous in...