Guide to Wise Investing
Preface
About the author
Disclaimer
I Principles
1
Buffett’s wisdom
1.1
Rule No. 1
1.2
Value investing
1.3
Investing for the long term
1.4
Dealing with losing investments
1.5
Right mindset for investing
1.6
Market crashes and recessions
1.7
Importance of learning
1.8
Ignoring market noise
1.9
Index funds
2
Munger and Town’s lessons
2.1
Charlie Munger’s four principles of investing
2.2
Five and a half moats
2.3
Big four numbers
2.4
Management numbers
2.5
Pricing methods
II Business
3
Largest companies
4
My watchlist
4.1
Comprehensive financials
4.2
Key financials
4.3
Big four numbers
4.4
Investment decision
5
Small-cap list
5.1
Intellia Therapeutics (2.8B $)
5.2
Nano-X Imaging (413.2M $)
5.3
Parrot (155M $)
5.4
AeroVironment (2.2B $)
5.5
Surface Oncology (59.9M $)
6
CEO analysis
6.1
CEO payment relative to business income
6.2
CEO analysis reports
6.2.1
Ran Poliakine (Nano-X Imaging)
6.2.2
Serge Saxonov (10X Genomics)
7
Stock price trend
7.1
Normalized closing price
7.2
Adjusted closing price
7.3
Stock price correlation
III Environment
8
Technology market share trend
8.1
Operating system
8.2
Browser
8.3
Search engine
8.4
Social media
8.5
Device vendor
9
Sector evaluation
9.1
PE ratio
9.2
Expected growth rate
9.3
PEG ratio
9.4
ROIC
10
Index evaluation
10.1
Index trend (2 years)
10.2
Index trend (30 years)
10.3
Index correlation
11
Market evaluation
11.1
Market capitalization
11.2
GDP and market capitalization
11.3
GDP and Buffett indicator
11.4
Market valuation
11.5
Projected annual return
11.6
U.S. stock market valuation
12
Global economy
12.1
GDP
12.2
GDP growth
12.3
Inflation
12.4
OECD Composite Leading Indicators
IV Practice
13
My portfolio
13.1
Invested asset composition
13.2
Current and target asset allocation
14
Asset growth simulation
14.1
Simulation in USD
14.2
Simulation in KRW
Resources
References
Published with bookdown
Guide to Wise Investing
Resources
Google Finance
Yahoo Finance
Federal Reserve Bank of St. Louis
World Bank
OECD
Gurufocus
Worldometer
StatCounter
multpl.com
Investopedia
Wikipedia
Company ranking by market cap
Industry sector classification
Adjusted Graham formula