The Finance Journal

Financial due diligence The Finance Journal 📈

“The best thing that happens to us is when a great company gets into temporary trouble… We want to buy them when they’re on the operating table.” - Warren Buffett The Finance Journal 📈

"Money is the barometer of a society's virtue." — Ayn Rand The Finance Journal 📈

“The proliferation all over the country of building regulations, zoning laws, and other governmental actions has raised the cost of housing drastically.” — Milton Friedman The Finance Journal 📈

“The market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.” - Warren Buffett. The Finance Journal 📈

“The 3 stages of a bull market”: the first stage, when a few unusually perceptive people believe things will get better, [Stage 2]: when most investors realize that improvement is actually taking place, and the third stage, when everyone concludes things will get better forever.” - Howard Marks. The Finance Journal 📈

"If you want to be successful in business and in life, you have to create more than you consume." - Jeff Bezos The Finance Journal 📈

U.S. stock market vs. the world. The Finance Journal 📈

“Competition does not protect the consumer because businessmen are more soft hearted than bureaucrats or because they are more altruistic or generous, but only because it is in the self-interest of the entrepreneur to protect the consumer.” — Milton Friedman The Finance Journal 📈

"A debt free company can't go bankrupt." - Peter Lynch The Finance Journal 📈

Milton showing that free market is just the logical choice, it’s literally human nature. You can’t fight it, bro. The Finance Journal 📈

“Investment success doesn’t come from “buying good things,” but rather from “buying things well.” - Howard Marks. The Finance Journal 📈

Important research papers on business valuation The Finance Journal 📈

"What costs us money is when we do not properly assess the fundamental characteristics of the business" - Warren Buffett. The Finance Journal 📈

Ranked: The World’s Largest Companies by Revenue The Finance Journal 📈

$10 million of investment gains vs taxes The Finance Journal 📈

💰 Average Salary Monthly (Net): Geneva 🇨🇭 - $7,984 Zurich 🇨🇭 - $7,788 San Francisco 🇺🇸 - $7,092 Luxembourg 🇱🇺 - $6,156 Boston 🇺🇸 - $5,940 Chicago 🇺🇸 - $5,203 New York 🇺🇸 - $5,128 Amsterdam 🇳🇱 - $4,755 Copenhagen 🇩🇰 - $4,666 Frankfurt 🇩🇪 - $4,512 Los Angeles 🇺🇸 - $4,439 Sydney 🇦🇺 - $4,310 Singapore 🇸🇬 - $4,231 Melbourne 🇦🇺 - $4,133 Dubai 🇦🇪 - $4,064 Oslo 🇳🇴 - $4,027 London 🇬🇧 - $3,974 Munich 🇩🇪 - $3,905 Dublin 🇮🇪 - $3,832 Hong Kong 🇭🇰 - $3,775 Edinburgh 🇬🇧 - $3,736 Paris 🇫🇷 - $3,630 Tel Aviv 🇮🇱 - $3,580 Berlin 🇩🇪 - $3,565 Stockholm 🇸🇪 - $3,455 Helsinki 🇫🇮 - $3,412 Vienna 🇦🇹 - $3,393 Abu Dhabi 🇦🇪 - $3,308 Wellington 🇳🇿 - $3,297 Seoul 🇰🇷 - $3,278 Brussels 🇧🇪 - $3,272 Vancouver 🇨🇦 - $3,229 Toronto 🇨🇦 - $3,208 Auckland 🇳🇿 - $3,165 Doha 🇶🇦 - $3,062 Birmingham 🇬🇧 - $3,054 Montreal 🇨🇦 - $2,862 Tokyo 🇯🇵 - $2,592 Riyadh 🇸🇦 - $2,442 Milan 🇮🇹 - $2,242 Madrid 🇪🇸 - $2,193 Prague 🇨🇿 - $2,113 Barcelona 🇪🇸 - $2,082 Rome 🇮🇹 - $2,046 Warsaw 🇵🇱 - $2,031 Taipei 🇹🇼 - $1,749 Moscow 🇷🇺 - $1,650 Cape Town 🇿🇦 - $1,529 Shanghai 🇨🇳 - $1,502 Beijing 🇨🇳 - $1,451 Budapest 🇭🇺 - $1,409 Lisbon 🇵🇹 - $1,397 Johannesburg 🇿🇦 - $1,374 Kuala Lumpur 🇲🇾 - $1,340 Bangalore 🇮🇳 - $1,261 Athens 🇬🇷 - $1,141 Istanbul 🇹🇷 - $934 Mexico City 🇲🇽 - $852 Bangkok 🇹🇭 - $844 Santiago 🇨🇱 - $840 Mumbai 🇮🇳 - $837 Buenos Aires 🇦🇷 - $733 São Paulo 🇧🇷 - $658 Delhi 🇮🇳 - $657 Manila 🇵🇭 - $534 Source: Deutsche Bank @dailystats

“We aim to achieve superior returns by being long-term owners of high-quality companies (with substantial economic moats, great growth potential, and run by trust-worthy people).” - Li Lu The Finance Journal 📈

"Brilliance is the ability to simplify a mass of information into a simple yes-no decision." - Warren Buffett The Finance Journal 📈

"Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings." — Ludwig von Mises The Finance Journal 📈