Rocco Huang
13 posts
Businesses that can help people kill time, escape from reality and fantasize about a parallel life can prosper in a stagnating economy and an unequal society.
I'm getting increasingly interested in News Corp’s voting stock, as I am seeing some near-term catalysts that may increase the value.
Please render unto drinkers the Miller Lite which is theirs, unto smokers the Malboro that is theirs, and unto us, the shareholder value that is ours.
Value investing is frequently described as “buying dollar bills for 50 cents.” If I tell you that we are better off searching for dollar bills for 90 cents, you may laugh at my lack of ambitiousness: “Why should we settle for less?”
Wall Street economists like to use the term “on the other hand” when forecasting the economy just in case they are proven wrong later. It's a good career strategy.