The Thinker's Expression

Successful investing does not need stratospheric IQ, insider information or luck for that matter. Instead what's needed is a sound intellectual method for making decisions combined with an ability to keep emotions from ruining it. In "The Intelligent Investor", Benjamin Graham presents such a framework together with logic that will help to keep your emotions under control. Arguably, his investing strategy has been one of the most successful one during the last hundred years. The impressive records, not just for Graham himself but also numerous of his disciples, are impossible to ignore. Among these disciples is the brightest shining star, Warren Buffet , who, at the time of this writing, is the 7th richest person in the world ( Ranking dropped from 3rd due to the corona-virus pandemic). Warren Buffet refers to this book as "by far the best book on investing ever written". Let us dive into the key points of this book. Defining "Investing" and "Sp...

There are two primary ways to generate income and they are active income and passive income. Active income is any income received from doing a service in exchange for money in the form of wages, tips, salaries, and commissions. Usually, this will require you to allocate a certain amount of time to be in a certain place to fulfill the job requirement. Passive income is any earnings that is generated through the use of systems that works for you, and in which you may not be actively involved, all the time, for it to work. This include income from investments, rentals and making YouTube videos. Active income is usually the first and sometimes the only way that we think of making money. It is certainly the most common way to make money and many would argue that it is also the easiest way. There are advantages and disadvantages to active and passive income. An advantage of active income is that it can be generated immediately. All you have to do is to show up at work and start using the ski...

Who is the fastest self-made billionaire ever? While it took Warren Buffet 55 years to join the billionaires club, Jay Walker literally did it in less than a year. He launched priceline.com during the DotCom Bubble and his net worth instantly jumped from zero to billions. However, it was not sustainable because when the bubble burst, his net worth crashed as well, while Buffet is still on top of the list, and he does not seem to go anywhere anytime soon. That is the kind of wealth you would want to build.  The game of money is not easy - it's tough, competitive and ruthless. And if you do not know the rules, you will fail. The problem with most people is that they might work hard their entire lives but still end up poor at the end of the journey because they do not know how the game works. So if you want to find yourself on the other side of the coin, you better master the rules first. 1. Money does grow on trees I am sure that many of you have been taught the opposite truth b...