Free Stock Analysis Excel

Process, Practice, Perseverance

Have you ever wondered why a doctor’s clients are called ‘patients’? Even a more interesting question, why do doctors call their work as ‘practice’? Well, one of the reasons is that you can’t become a good doctor without practicing what you learn in textbooks. For that matter, any work done under any profession is nothing […]

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Lesson from a Dozen Angry Men

In June 2016, I got the opportunity to attend Prof. Sanjay Bakshi’s workshop in Flame University. Prof. Bakshi’s style of teaching is remarkably unconventional. He uses a lot of images, videos and stories to explore ideas. Such method serves three purposes. First, unlike traditional classroom lectures, Prof. Bakshi’s classes, from start to finish, are very […]

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Before Your Song Is Over

Warren Buffett wrote this in his 2000 letter to shareholders… The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into […]

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Safal Niveshak Value Investing Contest 2018

Here’s your chance to showcase your analysis skills to the Safal Niveshak tribe, and in the process win a prize if your entry gets chosen amongst the best. Contest Rules Write a 3,000 word (max.) report on one listed Indian company of your choice. You may submit more than one report, but will be eligible […]

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Latticework of Mental Models: Benford’s Law

On 25 November 2003, Kevin Lawrence was sentenced to 20 years in prison for pulling off possibly the biggest financial fraud in Washington State’s history. Here’s the backstory. Kevin Lawrence graduated from high school in 1984. After a brief stint with a brokerage firm Lawrence bought a bowling alley and converted it into a fitness […]

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How Much is Enough, and A Few Other Questions

Note: I gave this talk to a group of friends working in Silicon Valley during my recent trip to the US. Surprisingly, they liked what I spoke and wanted me to share the transcript, which I am doing today in a deeper and more refined form. Hi Friends, Thanks for inviting me to speak to […]

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Latticework of Mental Models: Thinking From First Principles

Elon Musk

First principles thinking is one of the most effective mental tools for solving problems, especially the hard ones. And no one embodies this philosophy of first principles thinking better than Elon Musk, founder of PayPal, SpaceX, Tesla Motors and SolarCity. Musk, in one of his interviews, said – It’s most important to reason from first […]

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How to Get Rich

“What’s keeping you from being rich? In most cases, it’s simply a lack of belief. In order to become rich, you must believe you can do it, and you must take the actions necessary to achieve your goal.” – Suze Orman Well, that was the theory of getting rich. Here are the pratical tips, the […]

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