warren buffett investment strategy for beginners Many people search for Warren Buffett advice on life. After all, he is the world’s most famous investor. Almost everyone knows about Warren Buffett buying stocks. The man has a unique investment philosophy, which has proven to be successful, which is why it doesn’t come as a surprise that people search for Warren Buffett investment...
Karl Marx was wrong about the labor theory of value (and everything else)
“My business is worth $250,000 because that’s how much I have put into it over the years.” I hear that all the time. If you’ve ever watched Shark Tank, you’ve seen it too. Entrepreneurs who value their business by the amount of time and money they’ve put into it, independent of its value in the market or the value of its products as determined by supply and...
The tyranny of small decisions: how they add up
In 1888 Bertha and her 2 sons, Eugen and Richard, set off on what would be the world’s first road trip – 180 km from Mannheim to Pforzheim, Germany. This road trip is considered dangerous, but necessary to demonstrate the usefulness and viability of her husband’s recent invention, the automobile. It is a small decision that will change the lives of billions and set in motion industries around the...