Stock MarketPreview

What is the ‘Stock Market’

The Stock Market is the market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter.The Stock Market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership in the company.

History of Stock Exchange

1. The London Stock Exchange was officially formed in 1801.

2. The New York Stock Exchange was formed in 1817.3. Toronto Stock Exchange was founded in 1861.4. The Tokyo Stock Exchange was founded in 1878.5. The Hong Kong Stock Exchange was founded in 1891.

Stock ExchangeStock Exchange Markets – best-known and big corporations;

NYSE Stocks: NASDAQ: Berkshire Hathaway Inc. – BRK-A, BRK-B Apple Inc. - APPL

IBM – IBM Facebook Inc. – FB

The Coca Cola Company – KO Sisco System Inc. - CSCO

Wells Fargo & Co. – WFC Microsoft Corporation - MSFT

Alibaba Group Holding Ltd – BABA Intel Corporation – INTC

OTC – Over the CounterOTC Markets – smaller companies, US locates on NasdaqAAA Century Group USA, Inc. AAAG

USA Aareal Bank AG AAALY

Germany AIA Group, Ltd. AAGIY

Hong Kong AAP, Inc. AAPJ

Japan

Athens Water & Sewage Public Co. Eydap AHWSF Greece

Allied Irish Banks, P.L.C. AIBSF Ireland

Air China, Ltd. AICAF China

Biggest Stock Exchanges In The World

Why Listed? To expand and grow the business; Can be cashed-in quickly; Lower cost of funds compared to borrowings from

banks; Enhance the reputation of the company.

Raise CapitalCompany

Bank

- Limited capital - More requirement

Public

ShareSell to public

List on ExchangeOTC MarketsStock Exchange Markets

COC – Circle of Competence What are the businesses? Where are the businesses? Type of business? What are the future plans?

6 business types Fast growth: potential to expand, small and aggressive,

business successful in more than one location Medium growth: relatively big, still grow but slowly Slow growth: buy for dividend Cyclical: not stable but predictable with cycles, industry or

economic Turn around: currently in trouble, specific plans to turn

around Asset play: sitting on valuable asset

Bill Gates1: Crown Castle (CCI)2: Caterpillar (CAT)3: Wal-Mart (WMT)4: United Parcel Service (UPS)5: Waste Management (WM)6: Coca-Cola FEMSA (KOF)7: Canadian National Railway (CNI)8: Walgreens Boots Alliance (WBA)9: Ecolab (ECL)10: FedEx (FDX)11: Grupo Televisa (TV)

These are the top holdings of Warren Buffett as of 2015-12-31 in the order of significance:

Thanks for yourAttention!!!