If you’re new here, you may want to subscribe to my RSS feed. If you have a website or blog or your own, please consider linking to this blog. Thanks for visiting!Understanding financial statements is very important if you are looking to invest, become a consultant, work as a CEO or in upper management, or [...]

What is an asset?
The question, “What is an asset?” seems like an absurdly simple question. But if you understand the answer to that simple question, and act on it, you have started down the path that leads to riches. Few people become rich, so clearly then, few people understand the answer to this question. Let’s [...]

I recently watched a talk given by Warren Buffett to a group of MBA students at the University of Florida, College of Business. In the speech, Buffett gives his perspective on investing, in which he outlines the need to understand the underlying economics of the businesses that you invest in, and the need to stick [...]