Index investing snatches the fruits of other people’s efforts In the capital markets, the prices of individual stocks cannot stay efficient all the time; they can be undervalued or overvalued. However, when an un… 2023-05-29 Noriyuki Morimoto The Meaning of Losses in Investments with No Endpoint The principle of investment is to not lose money, not necessarily to make money. Assets themselves have intrinsic profitability. In other words, earni… 2023-05-15 Noriyuki Morimoto Unexplainable anxiety and conservative investing An investment is a calculation of the value of an asset based on conservative assumptions and reasonable estimation techniques. Investment is an analy… 2023-05-01 Noriyuki Morimoto