On Holding reported great results
Here's what you really need to know about today's earnings report.
On Holding $On Holding AG(ONON)$ reported great results, which were very muddled by foreign currency changes. A strong Swiss Franc makes sales in other countries "look" smaller and the cash held in USD led to the quarterly loss.
90% of beating the market is really just:
Buy great companies
Doing nothing for YEARS
Profit
It's harder than it looks, but the formula is simple.
It's the hardest thing to learn and I'm 99% convinced it can only be learned with experience.
https://twitter.com/TravisHoium/status/1767571533222875300
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