Value Investing Contest 2020
Here’s your chance to showcase your devil's advocate skills to the Safal Niveshak tribe, help others understand what can permanently lose them their capital, and in the process win a prize if your entry gets chosen amongst the best. Contest Rules Write a max. 1200 words SELL or AVOID report on a listed Indian company of your choice (BUY …
The Fault, Dear Investor, is Not in Your Investments, But in You
Consider these statistics. The average commercial aircraft flies at an altitude of thirty-five thousand feet. The average passenger in a commercial aircraft flies at an altitude of twenty thousand feet. …
[Read More...] about The Fault, Dear Investor, is Not in Your Investments, But in You
A 2000-Year-Old Technique for Weathering Life’s Storms
In ancient Greece and Rome, many prominent thinkers subscribed to a philosophy called Stoicism. As part of this philosophy, they practiced a thought exercise called premeditatio malorum, which means premeditation of evils. It simply means taking a moment to think through everything that could go wrong with a particular plan. It means visualizing …
[Read More...] about A 2000-Year-Old Technique for Weathering Life’s Storms
Dear Mr. Buffett
This is a Warren Buffett birthday post, and like all birthday wishes, I will not take long. This message will never reach Mr. Buffett, but I silently hope the thoughts form some kind of waves and time-travel to reach him before he celebrates his 100th birthday. * * * Dear Mr. Buffett, Happy birthday to you (it’s still 30th August, 11.29 PM in …
A Value Investor’s Lesson on Valuing People
Here is your weekly Saturday newsletter, where I share the latest updates from the site, an idea worth thinking about, few stories you shouldn't miss, and a question for you. Let's get started. On SN This Week When You Become a Millionaire …
[Read More...] about A Value Investor’s Lesson on Valuing People
When You Become a Millionaire
The Money Game by Adam Smith (pseudonym used by George Goodman), first published in 1968, is a timeless classic on investing and human behaviour. It is a witty book wherein the author shares his insights on the irrationality with which most of us make our investment decisions. He also shatters common myths and misconceptions, revealing why …
High Risk ≠ High Return
Here is your weekly Saturday newsletter, where I share the latest updates from the site, an idea worth thinking about, few stories you shouldn't miss, and a question for you. Let's get started. On SN This Week The Sketchbook of Wisdom …
The Sketchbook of Wisdom: A Hand-Written Manual on the Pursuit of Wealth and Good Life
I am writing, actually handwriting, a new book. It is titled - The Sketchbook of Wisdom: A Hand-Written Manual on the Pursuit of Wealth and Good Life. I aim to release it in December 2020. My idea through this book is to bring to you wisdom from Krishna to Taleb, Socrates to Munger, Vivekanand to Steve Jobs, and Kabir to Naval Ravikant, as it …
The Five Most Irrelevant Facts of Stock Investing
Look at this. This is a stock's price. Now look at it another way. This is not just a stock's price. It is, borrowing from the legendary John Bogle, a "giant distraction to the business of investing." Long term investment returns are created by how businesses perform, but most investors make their investment decisions based on where stock …
[Read More...] about The Five Most Irrelevant Facts of Stock Investing
Personal Finance for Smart People: A Pocket Guide for Wealthier Life
I recently made a pocket-zine for my kids that contained some lessons on living a good life. They loved holding and reading it as much as I loved creating it. Well, call it a positive feedback loop, that zine has led me to create one more. This time on the most important things in personal finance. I call it - Personal Finance for Smart …
[Read More...] about Personal Finance for Smart People: A Pocket Guide for Wealthier Life