Money Archives

What Philip Arthur Fisher Taught Warren Buffett About Investing

Beyond its financial statements, what indicates a company’s health? How can you evaluate the subjective qualities of a company? If you learn investing from Warren Buffett, you indirectly learn a vital principle from Philip Arthur Fisher. Fisher taught that, when you consider whether to invest in a company, you must look beyond its quantitative factors; you must also assess its qualitative factors such as its potential and management. Keep reading to discover what Warren Buffett learned from Philip Arthur Fisher.

How to Control Costs as You Grow: Advice From an Economist

What causes runaway costs? How can you keep your costs from spiraling out of control as your business scales? Managing costs is vital as your organization grows. When scaling up, you can take certain precautions to stay on top of overhead costs and per-unit expenses and keep them at a level that allows for sustained profitability. Continue reading for tips from economist and professor John A. List on how to control costs over time.

How to Reframe Self-Limiting Thoughts to Become Rich

Do you want to become rich and financially stable? Why do you need to adjust your self-limiting thoughts? You may not realize it, but you’re the number one reason why you’re not making more money. This is because you have negative beliefs about yourself and money that are setting you back. Below we’ve listed steps on how to reframe self-limiting thoughts, according to Rachel Rodgers’ book We Should All Be Millionaires.

How to Analyze a Business Model Like Warren Buffett: 3 Metrics

How does Warren Buffett choose his investments? What does he look for in a business model? Investment professional Robert G. Hagstrom lays out Warren Buffett’s investment strategies in his book The Warren Buffett Way. One of the steps in Buffett’s process is to evaluate a company’s business model. He looks for three things: simplicity, predictability, and a competitive edge that will last. Read more to learn how to analyze a business model like Warren Buffett does.

How to Change Your Money Mindset: Advice for Women

Do you want to change how you think about money? What should you do to transform your money mindset? According to Rachel Rodgers’ book, We Should All Be Millionaires, an essential part of becoming a millionaire as a woman is to transform the beliefs you have about money. These beliefs are holding you back from earning more and building wealth. Learn how to change your money mindset and add some zeros to your bank account.

Why “Buy Now, Pay Later” Regulation Is on the Horizon

Why is “Buy Now, Pay Later” regulation in the works? Who do these programs help and harm? Buy Now, Pay Later (BNPL) services provide short-term financing that enables people to make large purchases they might otherwise not be able to afford. But critics argue that the services put financially vulnerable individuals at greater risk. Continue reading to learn about BNPL programs and regulations.

How to Evaluate Management Like Warren Buffett: 3 Metrics

How should companies allocate capital? How important is it for businesses to resist trends? If you’re looking at a company as a potential investment, you need to assess its leadership. Warren Buffett looks for three things: how they allocate capital, how transparent they are with their finances, and how resistant they are to trends. Continue reading to discover how to evaluate management in the same way that Warren Buffett does.

Rachel Rodgers’ We Should All Be Millionaires: Overview

Why are most self-made millionaires men? Why do women find it more difficult to become millionaires? What can you do to become one? In We Should All Be Millionaires, Rachel Rodgers discusses ways to develop a positive money mindset, manage your time and energy, and increase your wealth by recognizing the worth of your work. These steps are crucial for women who want to feel empowered about making more money. Read below for a brief overview of Rachel Rodgers’ We Should All Be Millionaires.

Financial Independence for Women: 3 Steps Toward Wealth

Are you a woman wanting to become a millionaire? How are you holding yourself back from achieving this status? Women can be their own worst enemy sometimes. Rachel Rodgers writes in We Should All Be Millionaires that they underestimate their worth and don’t stick up for themselves enough to make more money. Below is a guide for financial independence for women.

Focus Investing vs. Modern Portfolio: Warren Buffett’s Choice

What’s focus investing? How is it different from modern portfolio theory? Which approach does Warren Buffett take? According to Robert G. Hagstrom, Warren Buffett departs significantly from the mainstream when it comes to portfolio management. While most investors diversify their portfolios broadly to minimize volatility, Buffett focuses on a select handful of stocks to maximize his chances of above-market returns. Read more to learn about focus investing and why Buffett prefers it to the modern portfolio approach.