Beat the Market

Hai Di lao It is a stock that make up more than half of my portfolio, I’ll discuss why I’m interested in it. I will break them down to few points. Most of the information in this article is from the IPO prospectus. For the info that is not from the prospectus I would normally start the statements with the words like “In my opinion” or “I think”. Business Moat As mentioned in their prospectus, their advantage versus other hot pot restaurant would be their unique management structure. What it does is to connect the incentives among all the employees effectively and doing it in a scalable way(prospectus can explain better with charts) To do this effectively you will need a good brand power in order to ramp up customer fast in newly open restaurant, experience management, and good supply chain. They had countless copy cats for many years but none of them causes a threat. Good service comes only with good pay check. A good “culture” without good economic compensation and career

Welcome! Hey guys thank you for visiting my blog   I would start this blog by introduce myself first.   My name is Vincent and I’m a chef who started to invest 3 years ago.   At first I was just thinking of finding a passive income(later found out that it couldn’t’ be more active). After that I started to find the best investors to learn from. The first come to mind is of course none other than Warren Buffett. Upon learning more his teaching naturally I also learnt something about Charlie Munger, thus it lead me to his “Poor Charlie's Almanack”. That is the book that changed my life. I’ve became his pupil and practice everything that he preached. Most notably is of course to have a moral obligation to be rational and making sure that I learn something everyday. Luckily with internet and books I easily acquired knowledge that I need to have so that to become a better business analyst. I’m a very curious guy, books about history, business, biographies, and psychology