Archives for January 2024

A Young Investor’s Guide to Navigating the Stock Market Wilderness

The Sketchbook of Wisdom: Get Your Copy Now

Buy your copy of the book Morgan Housel calls “a masterpiece.” It contains 50 timeless ideas – from Lord Krishna to Charlie Munger, Socrates to Warren Buffett, and Steve Jobs to Naval Ravikant – as they apply to our lives today. Click here to buy now.

I recently met a bunch of high school students, who wanted me to explain them the ‘idea of the stock market.’

One of them asked a brilliant question, “What does the market seem like? What kind of an experience does it provide to a new investor?”

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A Young Investor’s Guide to Avoiding the Fast-Wealth Trap

The Sketchbook of Wisdom: A Hand-Crafted Manual on the Pursuit of Wealth and Good Life

In the course of my interaction with young investors, a question that’s asked by many is this – “What do you think about the idea of trading in stocks early on to create capital, and then invest that capital for the long run?”

I ask, “Why do you want to do this?”

Often, the reply is, “So that I can create that capital for long-term investing fast, and grow rich fast.”

I then ask, “Why are you in such a hurry?”

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[New Book] The Worldly Wisdom of Charlie Munger

As the first dawn of 2024 breaks, we stand at a poignant milestone.

Today, Charlie Munger would have completed 100 revolutions around the sun. A century that was almost reached, yet remained just beyond grasp, as he left us on November 28, 2023.

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