Recently, the "International Finance News" reporter visited a number of bank outlets in Beijing found that the first and second home loan interest rates were upside down: the first home loan interest rate mainstream is the benchmark interest rate plus 10%, while some individual banks are at 30%; The second home mortgage interest rate is still 20% higher than the benchmark interest rate.
Investing: The Last Liberal Art
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In his seminal 1994 talk at USC’s Business School, Charlie Munger – the
greatest mind ever to apply himself to investing – started by saying “the
art of st...
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