Essays
This is a collection of all my essays that I have written. Hopefully one day I look at this and be proud of myself of how consistent I was and how much I have improved.
Companies
Books
Shoe Dog summary
Shoe Dog- A Summary “Like books, sports give people a sense of having lived other lives, of taking part in other people’s victories. And defeats. When sports are at their best, the spirit of the fan merges with the spirit of the athlete.” ― Phil Knight,
Others
Crafting Balance
“I deal with writer’s block by lowering my expectations. I think the trouble starts when you sit down to write and imagine that you will achieve something magical and magnificent — and when you don’t, panic sets in. The solution is never to sit down and imagine that you will achieve something magical and magnificent. I write a little bit, almost every d…
Disruptors
In India and in the world there is a lot of disruption going on. Whether it is Artificial intelligence or it is things like renewable energy or electrification of vehicles. In times of disruption we are seeing the traditional companies lagging and new companies rising.
Ed Thorp: Ahead of the curve
For those of you who cannot recognise the person in this picture this is Bernie Madoff. He is an American financier who had run the largest Ponzi scheme in history amounting to close to $65 billion.
Recognising Hunger
I picked up a book recently of someone who every single Manchester United fan absolutely idolises. This book is written by Sir Alex and Michael Moritz. I am finding it an amazing read so far. One of the chapters titled Recognising Hunger was one which really had me impressed.
Why we cannot copy Warren Buffett
Warren Buffett, Terry Smith, Mohnish Pabrai , Bill Miller, Charlie Munger all have their public market holdings out in the public. You can find them in Dataroma. If all their holdings are available online why don’t people copy them? In fact Pabrai even publicly talks about cloning and says that he shamelessly copi…
Chandrakant Sampat
An extra post this week. “Knowledge is that which liberates and not captivates”.-Chandrakant Sampat Chandrakant Sampat is someone my father told me about as he was his mentor. My father is a full-time investor who got into investing when he met Chandrakant Sampat. He wrote a weekly review of The Economist magazine on capital ideas online. They are a litt…
Patel Motel Dhandho
Patel Motel Dhandho Many people have heard about the Patel Motel Mafia. Charlie Munger even said that nobody can compete with them in motels. Why is this? What are these Patel Motel and why are they so special? In the book, Dhandho investor Mohnish Pabrai does a wonderful job of explaining this case study.
Why I love investing
Let’s start with a quote from the Godfather of investor Buffet: “Someone’s sitting in the shade today because someone planted a tree a long time ago.” Investing is something I keep writing about. So let me tell you all why I love investing (the process) and why I believe that most successful investors have worldly wisdom to offer.
Joel Greenblatt's Magic formula
Joel Greenblatt’s Magic formula “Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot”- Joel Greenblatt “On Wall Street, there ain’t no tooth fairy!”- Joel Greenblatt
Value Investing
An Analysis of value investing in the stock market Value investing is a time-tested long-term method of investing. Value investing is a very different approach to investing compared to what is popularized among the crowd. Most people who invest in the stock markets want a high return on their investment as quickly as poss…
Index fund
Why Index funds? " A low-cost index fund is the most sensible equity investment for the great majority of investors." - Warren Buffett "The two greatest enemies of the equity fund investor are expenses and emotions." -Jack Bogle "On average, the average large-stock fund manager produces average returns before fees and below-average returns after fees. So c…
Compounding
Compounding "All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest " ~ Naval Ravikant Above we can see how the richest investor in the world compounded his wealth Compound interest has an impact on all of our lives. The formula for compound interest is simple and well known it is
Common Mistakes in Investing
Common Mistakes In Investing Investing in stocks is very hard, but at the same time simple to understand. As Munger says “It is simple, not easy ". There are a lot of things that go wrong when people try to invest in stocks. Why do people lose money on stocks? Let’s see the most common mistakes in investing.