There were a few earnings announcements last week of interest so I wanted to go over them. They are Alibaba, AstraZeneca, Facebook, Apple and Weiss Korea Opportunity.
A student once asked Warren Buffett how best to prepare for an investing career. Buffett thought for a few seconds and then reached for the stack of papers he had brought with him.
“Read 500 pages like this every day,” said Buffett. “That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.”
So here are some of my picks from my reading over the last couple of weeks for you to browse this weekend and make up some of your daily 500 pages.
Another installment in the AIM IT Project. I cover three more investment companies, one of which is managed by a value investor and has a very interesting proposition of buying undervalued preferred stock. I intend to initiate a position in it.