Eivind Kallevik is an engineer and economist from Norway who has a strong interest and pleasure in thinking about the stock market and the businesses that one can get an ownership of, how to invest well over the long term and increase your net worth, and how to consistently grow your earning power in many forms.
He is a businessman as well as an investor, and in this blog he aims to teach and inspire the reader to get better at investing by learning from some of the best investors in history. Through this blog the reader might get new perspectives from old ideas, and take steps towards developing a sound investor’s mindset.
The inspiration and ideas of this blog are based upon the teachings of Warren Buffett, Charlie Munger, Benjamin Graham, and Joel Greenblatt.
An important motivation of this blog is to share the two ideas of Buffett:
- Rule No. 1: Never lose money. Rule No. 1: Don’t forget Rule No. 1.
- It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
What do they mean and what do they imply?