Tom SpencerWARREN Buffett is the world’s most successful value investor. Very few people have ever managed to achieve his level of investment success. The interesting thing about that fact is that there are only a few simple principles that you need to know if you want to be a successful value investor. Stick to your Circle […]
Printing money is the last refuge of failed economic empires and banana republics QUANTITATIVE EASING is a monetary policy tool sometimes employed by central banks to stimulate the economy when conventional monetary policy becomes ineffective. To stimulate the economy, the central bank normally carries out expansionary monetary policy by lowering short-term interest rates through the […]
THERE MAY be a business school bubble for other people, but not for you. Whether you are buying into a bubble depends on whether the cost of what you are buying significantly exceeds its intrinsic value. For most assets, you can find the intrinsic value by looking at the expected return – the more money […]