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Buying stock is actually "Saving" not "Investing"!!
INVESTINGWe used to think that buying stock at the stock market as investing. Financial magazine say so, your brokers say so, and everyone says so. But I want to share with you an idea that hit me really hard. The idea is from Cullen Roche's book "Pragmatic Capitalism". While I don't agree with all the...- baobie
- Thread
- investment saving stock market investing
- Replies: 19
- Forum: Investing, Crypto, Personal Finance
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Should i buy a business (M and A) or start a business in health care sector, medical device industry?
INTROHow is your research going?- baobie
- Post #4
- Forum: Introductions
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Should i buy a business (M and A) or start a business in health care sector, medical device industry?
INTROWhether to buy it or not, should be determine by the selling price of the business. May be a PE ratio of 9 is low for a medical device company.(or may be it is too high) On the other side, is the business have any barrier of entry? Can you build another business like it also?- baobie
- Post #2
- Forum: Introductions
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Introduction and First Post, From Bao
INTROEnglish. That was a few years back, MPH bookstore or Popular bookstore, I couldn't remember. I buy books at Google Book now. Your book is famous among Mainland China and discussed in several forum like Zhihu too. (I am a Chinese diaspora so I can understand Chinese too.) Below is the link of...- baobie
- Post #3
- Forum: Introductions
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Introduction and First Post, From Bao
INTROHello everyone, I am Bao from Malaysia. I just finished reading “Millionaire Fastlane” and can’t wait to join this forum. First, I would like to thanks MJ for crystallizing his experience and wisdom in the book. I am sure the book benefited a lot of people. (I finally read it after someone...- baobie
- Thread
- experience introduction mistakes to avoid
- Replies: 2
- Forum: Introductions
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