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@micscof1eld
Michael Scofield
85 following27 followers
“The Little Book That Beats The Market” by Joel Greenblatt
Greenblatt in this book offers a simple investment strategy for beating the market - buy high-quality, low-priced stocks and hold them for a year before rebalancing the portfolio.
  1. Look for companies with a high Return on Capital
  2. Look for companies with a high earnings yield
  3. Use a ranking system
  4. Stick to the strategy over the long-term
  5. Rebalance the portfolio annually
You can read about this in a bit more detail here:
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Michael Scofield (@micscofie1d) on X
Its hump day & that means its time for another edition of "Wednesday Wisdom", where we explore the best investing books of all time & share key takeaways that help investors make better decisions. This week we are taking a look at "The Little Book That Beats The Market". 🧵⬇️

Walmart getting into EV Charging
Wouldn’t it be easier for Walmart $WMT to acquire or link up with one of the many existing EV charging companies like $CHPT, $EVGO, $BLNK or $BEEM instead of waiting for 7 years and coming up with a EV charging infrastructure of their own? This way they can get into the charging market today.

Engadget
Walmart announces major expansion to EV charging network
Walmart just announced they are building fast-charging stations for electric vehicles to be housed in thousands of retail locations throughout the country. The company promises these will all be finished by 2030, though they stopped short of suggesting that every Walmart and Sam’s Club would get a charging station.

I never understand why companies make stupid decisions like this. "Think smarter not harder" is a mantra the execs should say to themselves in the mirror when they learn of new technologies becoming popular
+ 6 comments
"Principles" by Ray Dalio:
The book outlines Dalio's philosophy of life and work. These principles cover everything from decision-making and problem-solving to managing people and achieving success. Here are 5 key takeaways from the book:

  1. Embrace failure
  2. Build a culture of radical truth
  3. Embrace radical transparency
  4. Be open-minded and willing to learn
  5. Use a systematic approach to decision-making

If you'd like to read about this in a bit more detail: https://twitter.com/micscofie1d/status/1643601960933773312?s=20
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Michael Scofield (@micscofie1d) on X
Welcome back to "Wednesday Wisdom". In this weekly series, we explore the best investing books of all time & share key takeaways that help investors make better decisions. This week, we are looking at "Principles" by Ray Dalio. 🧵⬇️

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