I think this “work till 40, save aggressively and retire early” is a flawed proposition. Why do you think the billionaires like Warren Buffett and Charlie Munger haven’t retired? Are they still working for money? I don’t think so.
“Simplicity is the ultimate sophistication.” — Leonardo da Vinci
Like many things in life, ‘Investing’ works best when it is kept ‘simple’.
You don’t need a jazzy dashboard or a complex excel model to make wealth over the long run. The wealth generation process is simple and boring. And it is the same for everyone.
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This is the 1st post in our quarterly result update series for Q2FY21.
In this post, we’re sharing the latest updates of the stocks from our watchlist. Please don’t treat this as a buy recommendation. We find these businesses interesting and we may build position (or buy more of those that are already in our portfolio) in them in the future. The purpose of this post is to bring...
A slightly edited version of this post was originally published in Morningstar.
The price to earnings ratio, or P/E ratio, is probably the most commonly used valuation metric in the stock market. It is a mathematical expression calculated by dividing a company’s current market value by the net profits of the current year.
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MissioN SMILE is an investor education initiative where we help our users understand and identify the important fundamental factors & business characteristics that drive a particular company or industry that we cover each month.