Wealth Library

TLDR: HOLD Macro   ◇   Management   ◇   Risks   ◇   Fundamentals   ◇   Valuation   ◇   Investors Boot Barn (BOOT) is a US retail chain that sells western and work-related footwear, apparel, and accessories to a diverse customer base, including enthusiasts and blue-collar workers. Even with current negative macroeconomic factors, including short-term demand destruction for consumer cyclical, revenue growth supports that the business's profits will continue to rise, making it an investment opportunity available at a staggering discount for investors with a medium to long-term time horizon. Sustainable competitive advantage while trading at attractive valuations, with potential future valuations becoming more favorable. Impressive business growth, solidifying itself as the industry leader in a niche market. Macroeconomic factors will allow the investor to get in at the trough of the consumer cyclical. Business Model Boot Barn is a US-bas...

TLDR In this book, you'll learn the principles that guided Warren Buffett to become one of the most successful entrepreneurs in the world. With a fortune estimated at $109B, he has consistently been named one of the richest people in the world by Forbes magazine and his methodologies have been proven to be successful over a long investing career.   Have you ever wondered how successful investors make their decisions in today's volatile market? Look no further than "The Warren Buffett Way" by Robert G. Hagstrom. With 9 books published in finance and economics, Hagstrom is a highly accomplished author and expert in the field of investment. He has spent years researching interdisciplinary investment decision models, while also receiving the prestigious CFA certification as well as a master's in the liberal art of investment. He is most recently serving as a senior portfolio manager at EquityCompass. Unlike the current trend of focusing on quick returns, this book te...

TDLR "How to Win Friends and Influence People" by Dale Carnegie is a classic self-help book that teaches the reader how to be more likable and persuasive. It emphasizes the importance of treating others with respect, understanding their perspective, and avoiding criticism and arguments. Carnegie provides practical tips for building strong relationships, improving communication skills, and gaining the trust and respect of others. The book emphasizes the power of positivity, kindness, and empathy in developing successful personal and professional relationships. After reading this book, you can walk away learning eight key topics to enhance your professional success: Get out of a mental rut, think new thoughts, acquire new visions, and discover new ambitions; Make friends quickly and easily; Increase your popularity; Win people to your way of thinking; Increase your influence, your prestige, and your ability to get things done; Handle complaints, avoid arguments, and keep your h...

The CPI report released in January indicated a 6.5% average inflation rate averaging the last two years of inflation data. When averaging each month's inflation rate in 2022 by itself, we get a yearly inflation rate of 8.38% , and the monthly rates show a decline month over month from June's high of 9.1% to November's low of 7.1%.  Federal Reserve Chair Jerome Powell recently held a press conference where he discussed the state of the economy. He stated that the Fed is closely monitoring job data, and he doesn't expect the Fed to cut rates this year. Powell said the disinflationary process has started, with disinflation seen in goods prices, but it is too early to declare victory against inflation as the job is not fully done. Powell also said that the central bank could conduct a few more rate hikes to bring inflation down to its target and that the Federal Reserve raised benchmark overnight lending rates by 25 basis points . The hike brings the Fed’s target range to...