When I started my career in 2003, I “confidently” counted myself among the elite few from my MBA college to have made it to the lucrative “equity research” industry (MBA + campus placement + finance job = Overconfidence!)
I thought I had a wonderful chance to bring into practice whatever I’d learnt during my specialization in Finance, and especially things I’d learnt reading the subject of “Security Analysis and Portfolio Management”.
Things looked great till about early 2006, while I was still learning the “tricks” of the trade – the concepts of CAPM, beta, and efficient markets seemed so relevant.
However, things took a turn in around April 2006, when a friend forwarded me the link to Warren Buffett’s letter to shareholders. Till then, I had known Buffett as a successful investor, but had never bothered to read the philosophy that made him an investing great.
But as I started reading his letters one by one, I was hooked! The hook was so strong that I started reading anything and everything that was written on, and by Buffett (though I’m sure I still have a lot to read of him).
Along with Buffett, I also moved to Peter Lynch, Philip Fisher, Charlie Munger and Seth Klarman…though in bits and pieces.
Those I think were the “playgroup” years for the value investing student in me (I am still passing through the “pre-primary” phase :-))
Anyways, while I’m fully devoted to value investing now, the only thing I rue is that I realized this gem of a career (of being a value investor) late in my professional life.
I still wish I had read Buffett during my MBA days so as to have my priorities set earlier in life. But better late than never!
Over these years, thanks to the Internet, I’ve collected a lot of timeless pieces of resources (articles, writings, lectures etc.) on value investing, behavioural finance and related subjects.
I recently shared the link to the page on Safal Niveshak that contains these resources with participants at my “Art of Investing” workshops.
However, during my “holiday” last week, and after having searched for whatever resources I’d collected over these past few years, I’ve added a lot of new links to this page, which I’m now sharing with you.
Before I share the link to the Resources page, know that what you see on it might seem like, “Oh God, there’s so much to read!”.
But if you go through these resources one by one, and make your own “swipe file” using the best ideas you read across these links, it would make the task achievable and enjoyable.
Here’s the link to the amazing…Value Investing Resources.
Isaac Newton once said, “If I have seen further, it is by standing on the shoulders of giants.”
Reading these resources is akin to standing on the shoulders of giants in value investing. I’m already experiencing the charm of seeing things from top…and now invite you to be my partner-in-standing. 🙂
Finally, even after collecting so many insightful resources on one page, I’m sure I must have missed a lot of other invaluable stuff that you might know of.
So let me know in the Comment section below what I have missed that you think must also be on this page for the benefit of other tribesmen.