About Core Investment Concepts
“Buying stocks is buying companies.”
“Investing is simple, but not easy.”
“You must look at the company, you must understand the business, and you must understand future cash flow.”
“Most companies are not easy to understand.”
“Buffett’s margin of safety does not refer to cheapness, but to how much you understand the company.”
“Cheap things can become cheaper.”
About Understanding and Not Understanding
Fang Sanwen: Buffett said not to invest in four-wheeled businesses. Do you think electric cars or the current trend of autonomous driving will change the fundamental nature of four-wheeled businesses?
Coinbase is acquiring crypto derivatives exchange Deribit for $2.9 billion, aiming to strengthen its presence in global options trading, especially in Asia, Europe, and the Middle East. The acquisition will also provide Coinbase with a leadership position in options trading, boosting its profitability and market reach.
Weatherly爱尔兰·都柏林 – 2025 年 5 月 8 日 – AB 慈善基金会与 AB 公链在都柏林成功举办了AB第一届“技术驱动世界公益闭门论坛”。
AlexDublin, Ireland – May 8, 2025 – The AB Foundation and AB Blockchain successfully hosted the inaugural "Tech-driven Global Philanthropy Closed-door Forum" today in Dublin.
AlexPresident Trump’s official meme coin has ended its competition for a private dinner with the President, rewarding the top 220 holders and all participants with NFTs and perks. Background checks are required for attendees, sparking backlash from critics who call the initiative inappropriate and even grounds for impeachment.
CatherineBlindfolded and taken into the Nevada desert, a Vegas crypto host was held at gunpoint and told to choose between his $4 million wallet or his life. The teen attackers claimed they had his father and would kill him without the passwords.
KikyoCoinbase will make history as the first crypto company to join the S&P 500 index, effective 19 May 2025. The announcement led to a surge in its stock price, highlighting the growing recognition of digital assets in mainstream finance.
JoyDubai’s Department of Finance has partnered with Crypto.com to enable crypto payments for government services, signalling the city’s push toward digital asset integration and cashless innovation.
CatherineAmerican Bitcoin, co-founded by Eric Trump, will go public through a merger with Gryphon Digital Mining, expected to close by Q3 2025. The newly formed company will be listed on the Nasdaq under the ticker "ABTC" and aims to expand Bitcoin mining in the US.
WeatherlyThe hacker behind the SEC’s X account breach tried to cover his tracks—while Googling if the FBI was onto him. A would-be mastermind undone by his own paranoia?
KikyoFrank DeGods has stepped down as CEO of the DeGods NFT project after three years. The change in leadership comes as sales for DeGods NFTs rose sharply on both Solana and Ethereum.
Anais