To The Moon

Yang Delong, chief economist of Qianhai Kaiyuan Fund,At the end of February every year, what everyone looks forward to the most is Buffett's letter to shareholders. In the letter, Buffett will elaborate on his investment gains and losses in the past year and his investment experience in the past few decades, with frequent golden sentences.Buffett’s letter to shareholders published this year is rich in content, including some of his investment gains and losses in the past 58 years.1. Investing in stock is to be a good shareholder of the companyFor example, he said that neither Charlie Munger nor I choose stocks but companies, because short-term market trends are unpredictable. Stocks, thus gaining compound interest growth.The data shows that the

Rolls-Royce shares soar 23% after annual results beat expectations. Once the headline came out, people who can afford or cannot afford Rolls-Royce were shocked. In fact, Rolls-Royce's main business is aero-engines, now Rolls-Royce's car trademark already belongs to $Bayerische Motoren Werke AG(BMWYY)$. The jewel in the crown of the industry: the engine that saved BritainIn 1906, two engineers set up a company in Manchester, England, with the aim of building automobiles.Later, in response to national demand, the company became involved in the aero-engine business, producing the Eagle engine that was used extensively in World War I Allied aircraft.By the end of the 1920s, aero engines had become the company's main business, and Hurricane and S