What You Aim At Determines What You See!
Inflation: A Monetary Phenomenon and Its Remedies
Inflation, the sustained increase in the general price level of goods and services, has long been a subject of economic analysis and debate. Among the most influential voices on this issue is Milton Friedman, a renowned economist and Nobel laureate. His profound insights on inflation have shaped modern economic policies and remain highly relevant. Friedman’s main insight is that inflation is "always and everywhere a monetary phenomenon" and can only be controlled through disciplined monetary policy. Friedman’s views on the causes of inflation, its consequences, and the solutions he proposed are timely lessons for the current time we live in...
The 5 Core Principles of Value Investing
Value Investing, according to Charlie Munger, should just be called investing, because all other forms of investing are speculation or gambling.
1. A stock is a fractional ownership of the company and should
be thought of as owning part of the underlying business.
2. Mr. Market
3. Margin of Safety
4. Circle of Competence
5. “It is much better to buy a wonderful company at a fair price,
than a fair company at a wonderful price”-Charlie Munger
be thought of as owning part of the underlying business.
2. Mr. Market
3. Margin of Safety
4. Circle of Competence
5. “It is much better to buy a wonderful company at a fair price,
than a fair company at a wonderful price”-Charlie Munger
Meet joshua
My name is Joshua Thompson, if you're here it's probably because you're interested in investing.
“Focus on the Finish” is a principle. It is not necessarily a new idea, but often a forgotten one that each generation must re-discover. It is, most simply, the idea of long term thinking paired with delayed gratification. There are many good principles to live by, but it all starts with having a long term mindset.
This is primarily a place for me to write about and discuss investing, economics and related subjects; a way for me to convey my thoughts on investing, with other aspects like faith, family, and personal growth mixed in. I want to share what I know and am still learning about investing, and my perspective of faith, family, and personal growth all affect the way I invest.
I hope this will be beneficial to those who come across it. It would be wonderful if I can help others who are interested to learn something about investing, and inspire them to think long term about their future in every aspect of life.
“Focus on the Finish” is a principle. It is not necessarily a new idea, but often a forgotten one that each generation must re-discover. It is, most simply, the idea of long term thinking paired with delayed gratification. There are many good principles to live by, but it all starts with having a long term mindset.
This is primarily a place for me to write about and discuss investing, economics and related subjects; a way for me to convey my thoughts on investing, with other aspects like faith, family, and personal growth mixed in. I want to share what I know and am still learning about investing, and my perspective of faith, family, and personal growth all affect the way I invest.
I hope this will be beneficial to those who come across it. It would be wonderful if I can help others who are interested to learn something about investing, and inspire them to think long term about their future in every aspect of life.
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ContactJoshua Thompson [email protected] |
