Weekly Summary

A quote, A blog, A Sport update, A Twitter thread.

My new blog on common mistakes in investing is out you can read it here.

A quote

“Progress is made from contradiction, not confirmation”- Chetan Parikh

A blog

This blog is by Morgan Housel who writes well on how reality always sets in and you do not get what you do not deserve.

“But Bill Gates had it right when he said success is a lousy teacher because it makes you forget how the world works. That’s especially true when all you focus on is the “success” – the higher stock prices, the higher valuations, the more social media followers – and not the earned work that goes into building enduring success”

A Twitter thread

This thread is of great use to everyone. Munger is one of the smartest people in the world and his mental models are always a great thing to know.

Thomas Chua @SteadyCompound

Buffett says that Munger has the best 30-second mind in the world. He sees the essence of everything before you even finish the sentence. That’s because Munger has a robust latticework of mental models in his mind. These 8 mental models will help your investment process:

Sports Update

Federer has retired. One of the greatest if not The greatest to ever step on the court. Federer was one of the most aesthetically pleasing tennis players who has been at the top for a long time of around two decades. It is really sad to see the greats of all sports like Ronaldo, Messi, Tendulkar, Nadal and many more legends come to the end of their career. I grew up watching and idolising these players they are the reason I fell in love with these sports but this is going to soon be an end of this era.