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In 1912, one of Sweden’s greatest inventors, physicist Gustaf Dalén, was blinded during an accident involving pressure containment for his gas accumulators. He had created a device for use in unmanned lighthouses. This device lit itself at night and extinguished in the morning, improving marine safety, thereby saving countless lives and immeasurable property. Despite the setback […]
It’s no secret I read a lot. In the past seven days alone, I’ve finished 4 books totaling 1,067 pages, as well as worked on three other books which, between them, probably account for another 500+ pages finished but not in the tally. (I only know this because, at least a few times a week, […]
If asset intensive businesses are inferior investments, why would any rational investor ever buy one? Hi Joshua,I’ve been reading about capital-intensive businesses and from what I gather, their cash guzzling nature makes them inherently unattractive for a long-term investor who would expect significant cash flow. Warren Buffett has been snapping these up because he already […]
While I can’t offer any opinion on the topic itself, here is how I would approach it were it a logic problem … Joshua, I know you pay attention to the news and are probably keeping an eye on the civil rights ordinance in Fayetteville, Arkansas. The ordinance as a whole seems good because it […]
You aren’t imagining it, a lot of the blog posts disappeared over at About.com … Dear Joshua, I love your blog, which I use multiple times a day, every day. I have been searching for an article from the past for some time, but I still can’t find it. The article is about selling stocks […]
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