Archives for December 2015

Safal Niveshak’s 2015 Annual Letter to Tribe Members

December 28, 2015 | 32 Comments

Note: The genesis of this idea lies in the annual letter that Shane Parrish of Farnam Street wrote to his readers few days back. I have shamelessly cloned the idea here because, like Shane, I find great relevance in mastering the best of what others have already figured out. 🙂

Dear Tribe Member,

Trust you are doing great.

2015 was another tremendous year for Safal Niveshak. The tribe doubled to cross 20,000 members by the end of the year. Our Twitter count also crossed 10,000 followers. We conducted five workshops during the year, meeting 200+ tribe members in the process.

The Mastermind Value Investing Course count crossed 1,500 students. We launched a new premium newsletter – Value Investing Almanack (VIA) – in March, which is now 400 members strong, and has gotten great reviews from its subscribers, including Prof. Sanjay Bakshi. The idea to launch VIA came from the need I felt of a detailed value investing newsletter in the Indian context, which had deep insights on the subject, business analysis, and interviews with practitioners of the art. I had always missed such a product in India, and could not find a better way to get it than to create it myself. Anyways, when we opened membership in February, I expected less than 100 people to join. But the final count after ten days was an overwhelming 250+.

Poke the Box: Compounding Goodwill

December 25, 2015 | 1 Comment

Let’s Start with Safal Niveshak
Just in case you missed any of this on Safal Niveshak in the last week…

Create meaningful life for yourself, and you’ll create positive externality for others. Here’s my latest post in the Latticework series – Externalities.
Vishal’s presentation on saving and investing at Mindscape 2015.

Book Worm
Stephen King’s book On Writing had been lying in my anti-library for quite sometime. Every time I would go near my bookshelf, the book seemed to catch my attention, as if asking, “Dude, are you ever going to read me?”. When I couldn’t tolerate its stare for many weeks I finally picked it up.

Latticework of Mental Models: Externalities

December 23, 2015 | 8 Comments

About five years back when I moved into my current apartment community, the area around was pretty much empty. The open land and the surrounding greenery attracted so much that making the decision was a no-brainer.

Or so I thought because I forgot one thing. I should have asked for a guarantee that the greenery will stay that way.

It didn’t take much time for small houses to start mushrooming around the campus. Honestly, I shouldn’t be complaining. It’s a free country and people are allowed to construct houses. But it’s always the second order effects which create unexpected problems.

With inadequate supply of water from the government, came the need for bore wells for every house. I guess you can imagine where this story is going.

With bore wells getting installed in some or the other house every few weeks, started the unwanted and unbearably irritating noise emanating from heavy mechanical devices, drilling holes in mother nature’s heart.

I felt I was living in the middle of a factory. I had never signed up for this.

In today’s capitalist society, when I want to listen to a song on iTunes, I have to shell out money for it. But if I am forcefully exposed to a deafening, non-musical, and unhealthy sound, why am I not being compensated for it? Who should pay for my misery? The driller, the landowner, the government? I demand that all of them should but nobody seems to be interested.

It’s Your Money, Honey – My Lecture on Saving and Investing at Mindscape 2015

December 21, 2015 | 19 Comments

I recently delivered a lecture on the importance of saving and investing to a group of 300+ people, mostly college students, at Mindscape 2015 – an annual ideas festival that features talks, film screenings & performances and is held in Navi Mumbai.

Click here to download my presentation slides PDF (13.8 MB file). I will share the video when I receive the same from the organizers.

I have been extremely fortunate to be able to share my thoughts and experience with budding minds.

Please share this presentation or the ideas it contains with the young around you. Even if you can enlighten one mind and get him/her on to the right path of managing his/her money and behaviour sensibly, it would be a great job done.

Let me know your thoughts/feedback on the presentation in the Comments section of this post.

Poke the Box: Simplify

December 18, 2015 | 4 Comments

Let’s Start with Safal Niveshak
Just in case you missed any of this on Safal Niveshak over the last few weeks…

Latticework of Mental Models – Mental Accounting.
My most powerful tool for thinking and decision making.
Read Safal Niveshak’s latest e-book – Cheat Sheet for Investing Your Money.