Interesting reads 06 Nov 2013 – Charlie Munger, Benjamin Graham

1. The Ultimate Guide to Successful Equity Investing –
A starter’s guide on Equity Investing from Covers all basics on how to build a portfolio, valuation ratios, and lessons from great investors.

2. Charles Munger: A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business –
Complete transcript of a speech that Charlie Munger did in the USC Business School in 1994. It could be a repeat, but, as and when I get to see words of wisdoms from greatest minds, I try to read them again and post them again.

3. Common Sense Investing: The Papers of Benjamin Graham –
Jae Jun has posted on the collection of papers from Benjamin Graham. Wealth of knowledge. Must read (I am yet to read in full though):)

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My EBook on Behavioural Finance was published today !!!

Hi all,
I am excited and feeling a bit proud to present my first (e)book which was published today on Behavioural Finance on one of the most leading websites in India on Value Investing ( founded and run by Vishal Khandelwal.This is the collection of all the articles on Behavioural Finance that I wrote on this blog.

Given below is the link to the eBook.
Please go through and let me know your valuable feedback, comments and opinions.


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Interesting reads 04 Nov 2013 – Best Advice, Macroeconomic forecasts and Mr.Market Mental model

1. The best advice I ever got – Warren Buffett & Charlie Munger –
A snippett on best advice Warren Buffett and Charlie Munger got from each other – Investments, Business, Temprament, and Learning

2. A Dozen Investors Talk about the Folly of Macroeconomic Forecasting and the Importance on Focusing on Valuation/Margin of Safety TODAY –
Tren Griffin on – Benjamin Graham, Warren Buffett, Charlie Munger, Howard Marks, Michael Price, Sir John Templeton, Walter Schloss, Bill Ruane, Barry Rithholtz, and James Montier words on Macroeconomics and forecasts

3. Mental Model: Warren Buffett on Mr. Market –
Warren Buffett’s explanation on Mr.Market in his 1987 letters to shareholders

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Interesting reads 02 Nov 2013 – Warren Buffett, Walter Schloss, Franklin Templeton

1. Buffett 101 & Investing for Higher After Tax Returns –
Pointers on cash flow discounting and also the link to the discussed “Investing for Higher After-Tax Returns” –

2. Value Investing Works – Here’s Why –
Some basics on Value Inveseting referred to greatest investing minds, and the link to Geoff Gannon’s article on Walter Schloss    “Walter Schloss: 1916 – 2012” –

3. Warren Buffett Warns Amateur Investors Against This Common Mistake –
Warren Buffett on mistakes made by investors like timing the market and frequent trading. The embedded slideshow on “Why people lose money while investing” is a great one to view

4. Top 10 corporations that control almost everything you buy –
A nice infographic on greatest brands of the world and how many fast moving products they have, controlling the market. Applicable mainly for the US.

5. When Small is Big –
An excellent write up from Franklin Templeton on ‘small is big’, tells us how and where to look for mid/small caps to become multibaggers – emerging markets and growth in middle class population which is and will drive this

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Interesting reads 31 Oct 2013 – Sir John Templeton, Warren Buffett, Benjamin Graham

1. How to get rich like Sir John Templeton –
A short and simple article on Sir John Templeton’s success – Surprisingly he borrowed money in 1930s and invested with guts in the stock markets, when everyone was running away from it during Great Depression

2. Warren Buffett: Top 3 investing mistakes to avoid –
Warren Buffett’s advice to avoid 3 investing mistakes – Timing the market, Mimicing others and Paying fees & Expenses

3. Seven Key Tips to Value Investing –
Benjamin Graham’s 7 advices for value investors – Never lose money, Do not speculate, Avoid margin trading, Beware of Mr.Market, Margin of Safety, Analyse Management, and Read, Read and Read

4. Benjamin Graham on Liquidating Value –
Though most of us do not invest in companies at liquidation value (unless you want to buy the entire business), this is still a good read to understand how Benjamin Graham analysed such companies during 1930s in his book Security Analysis

5. The Quality of Business Earnings – Checklist of Questions –
One more checklist for investors – these 17 questions provide some insights on what to look for in a business

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Interesting reads 28 Oct 2013 – Great Investors, Phillip Fisher, Walter Schloss, Bubbles

1. From Buffett to Fisher: Winning stocks identified using wisdom of 5 market gurus –
An excellent article from Economic Times – on short notes on 5 great investing gurus and a few stocks picked to match their style. Analyse these stocks further before deciding to buy or sell.

2. A Dozen Things I’ve Learned from Philip Fisher and Walter Schloss About Investing –
Tren Griffin distills the investment knowledge and wisdom from great investors Philip Fisher and Walter Schloss.

3. Historic Stock Market Bubbles Repeat. Learn and Predict the Next One –
A collection of articles posted on Old School Value blog on various stock market bubbles – An excellent read.

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Interesting reads 25 Oct 2013 – Value Investing, Behavioural Bias, Warren Buffett

1. Value Investing: Skill Versus Luck Part I –
A simple and nice article on Skill Vs Luck in investing, and why it is difficult to replicate great returns. Surprising to know Walter Schloss has underperformed indices for long time, but, eventually emerged out.

2. Value Investing: Skill Versus Luck Part II –
Part 2 of Skill Vs Luck article – discussing Luck Vs Skill in long term results and does luck play a role in good businesses etc.,

3. Five Ways Your Brain Tricks You Into Poor Investment Decisions –
An excellent infographic on how our mind tricks us when making investing decisions – providing some behavioural biases examples

4. How Warren Buffett’s ‘LeBron James Analogy’ Could Make You A Fortune –
About Warren Buffett on portfolio concentration by referring LeBron – NBA sports star and his endorsement concentrations

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