The Wall Street General

 The Oracle of Omaha, Warren Buffett is probably one of the best investors of all time if not the best. He has been the legend or the figure most long-term investors look up to.  Buffett's Berkshire Hathaway posted its Q3 earnings a few days back, and unsurprisingly the company also posted a net loss on their investments. Even though the company posted $7 Billion in operating earnings from their other businesses like insurance, railroads, and utilities, the company reported a $10.1 Billion loss on their investments during Q3 because of the recent market turmoil which has brought the total losses to $63.9 Billion for 2022 till now.  The legendary investor once again told investors again that the amount of investment losses in any given quarter is "usually meaningless." But on a broader view, shares of Berkshire Hathaway have been outperforming the markets this year with the stock just being down by 3% this year, compared to the S&P's   21% downfall. And eve...

A lot of rappers and musicians are known to lose all of the wealth and money that they have ever made in their careers. But Edward Avedisian isn't one of them. Edward is a retired musician from the Boston Pops and he didn't inherit a hoard of cash and he didn't work for a company that gave him some stock options as well. According to an interview conducted by MarketWatch , he was a self-taught investor who read investing-related books and would also read about stocks and markets on CNBC, and Wall Street Journal every day, as much as he could.  Avedisian didn't exactly share his current holdings or investments, but Zacks' stock strategist, Tracy Ryneic believes that he holds some of Berkshire Hathaway, Microsoft, Amazon, and Monster Beverage. The 85-year-old who has given most of his fortune away, despite this year's market volatility, said he is bullish on the markets more than ever and envied those who are just beginning to invest. He also said, "It's ...

What is the number 1 factor which affects your success in the financial markets, especially the stock market, you might think it is research, studies, theories, etc. Well, in order to generate good returns over a period of time, you do need to possess good skills in all of the above. Still, the most crucial factor in deciding whether you will be a successful investor is Perception. The good old perception. It is necessary to research, back your company with good reasonings, and have a strong philosophy while investing in it, but more than that it is the perception that will define whether you make money or not Perception in simple words is the way you look at things, your perspective and point of view on certain things. Specifically, in the stock markets, there are two types of investors. Pessimists and Optimists.  When the market dips or even crashes, the pessimists are the ones who panic sell, are usually in fear, and don't invest at all but on the other hand,  the  op...