Graham’s Newsletter

In 2016, Akagi Nyugyo, a Japanese frozen dessert maker, released an unusual commercial. It showed the company employees and executives bowing down in apology, expressing regret. The reason? For the first time in over 25 years, the company increased the price of Garigari-kun, their best-selling popsicles, from ¥ 60 to ¥ 70 — an increase of roughly 7 Cents. The company wanted to apologize for this price hike. The company did it again when they raised the price from ¥ 70 to ¥ 80. And this is not...

What’s up Graham, it’s guys here :-) After a break, the newsletter is starting up again! Looking forward to bringing you some interesting content... From the 1950s to the mid-2000s, homeownership was seen as the ultimate financial goal. The housing market was booming, and everyone believed owning a house was the key to becoming wealthy. It was the American Dream. But by 2008, the housing market faced one of its most significant downturns in American history. Home prices began to decline in...

When I saw the headlines talking about a new “45% Capital Gains Tax Rate,” expiring middle-class tax cuts, and otherwise bringing the “highest tax rate – for many – in a century,” I initially wanted to stay out of it, because I hate getting political and being taken out of context. Source: Tax Foundation But I’m going on a limb to talk about this topic because there’s a ton of misinformation openly being spread as fact – and because the full proposal is 256 pages of fine print, I don’t want...

“First they ignore you, then they laugh at you, then they fight you, then you win.”– Not Gandhi Few people are as famous in the Bitcoin community as Laszlo Hanyecz, the man who bought two Papa John’s pizzas using Bitcoin in what was one of the first commercial transactions on the network. But what’s so special about buying pizza with Bitcoin, you ask? The amount. He paid 10,000 BTC for that one purchase – worth approximately $41 at the time, in 2010. Now, 10,000 BTC is worth $667 million! The...

Hi! If you're new here, you can subscribe and check out all previous issues here: Subscribe here Time in the market vs timing the market If you're itching to time the market, here's a cautionary tale: If you had invested $10,000 in the S&P 500 and left it untouched, it would have grown to $64,000 in 20 years.But missing just the best 10 days – out of 7,300 days – would drop your return to $29,000. If you missed the best 20 days, you'd lose out on $47,000 worth of profit. If you miss the best...