Today’s wisdom comes from a Joshua Kennon quote about building wealth. Joshua Kennon is a value investing portfolio manager with a history of writing about investing and personal finance. This Joshua Kennon quote discusses the importance of education to the successful accumulation of wealth. Bolded emphasis is mine. Accumulating money is like playing the piano […]
Efficient Market Hypothesis Case Study: Amazon vs Berkshire Hathaway
The efficient market hypothesis (EMH) states that it is impossible to outperform or beat the market because stocks and bonds are always priced at fair value. Fair value is determined by the market incorporating all publicly available about a company into it’s stock price. As an investor, you should determine whether or not you believe the […]
