MJ Industries

Affiliate Disclosure:  This blog may earn a commission from purchases made through affiliate links. This means that if you click on a link and make a purchase, I may receive a small compensation at no extra cost to you. Your support helps keep this blog running and allows me to continue providing valuable content. Thank you! Excellent business and economics books:  Poor Charlie's Almanack by Charlie Munger The Intelligent Investor by Benjamin Graham The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle Schwinn Loop Adult Folding Bicycle, 20-Inch Wheels, 7-Speed

I nvest in a company with a competitive advantage that can stand the test of time. When it comes to investing, having subject matter expertise can give you a significant edge, especially in industries like biotechnology or healthcare. By leveraging your knowledge in these areas, you can make informed investment decisions and identify companies with a competitive edge in their respective markets. Take, for example, the biotech industry, where companies like Pfizer and Moderna are making groundbreaking advancements in vaccines and medicine. Your expertise in this field allows you to assess which companies have a competitive advantage based on their operations, management, and future prospects. Warren Buffett, one of the most successful investors of all time, emphasizes the importance of focusing on the long-term performance of businesses rather than short-term fluctuations in stock prices. He believes in investing in businesses that he understands and trusts, regardless of the day-to-day...