Quote of the Day

"One of the most important secrets of Warren’s life and of so many other successful investors and other such people is that they found their ‘games’ early – one they knew they could win at – irrespective of the money those games paid, and they kept playing those games joyfully for the rest of their lives."

(Vishal Khandelwal)

Chart of the Day

The equity risk premium has risen throughout 2022.