Capitalist Letters

Capitalist Letters

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Capitalist Letters
5 Types of Business
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5 Types of Business

On the importance of adjusting your expectations accordingly to the type of the business you are investing in.

Oguz Erkan's avatar
Oguz Erkan
Jul 23, 2023
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Capitalist Letters
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5 Types of Business
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Not so Different than Humans

What is stock and stock market, why price movements happen, what is fair price and how it’s calculated and why we need a margin of safety… We have covered all of these topics so far in this newsletter and they are really the essence of investing, but they are largely on the dynamics of the stock market. What we mean by this, …

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