On Note Taking

Few days back, my friend Anil Tulsiram tweeted about the importance of having a proper system in place while reading. I couldn’t agree more with what he stated. Reading more is useless if you can’t recall what you read. Click here to read the rest.

The Zen of Corporate Finance

I promised my friends that I will do a small presentation on the drivers of the intrinsic value of a business. To fulfill that promise I am doing this write up. Take a look at the Net Operating Profits Less Adjusted Taxes (NOPLAT) for Great and Gruesome. Both companies are generating the same NOPLAT and…

What’s your gift?

Over the last three years, since I started blogging, I have been collecting a lot of amazing YouTube super videos. You can find them all here. The recent one that I added to my collection is “Lessons From the Great Minds of Investing”, Google talk given by William Green. If you haven’t listened to this talk then I would highly encourage…

United Spirits Limited

Want to become a millionaire? All you need to do is to invest a billion dollars in the airline industry. To complicate it further fund the investment by taking a lot of debt. This is what Vijay Mallya did when he started Kingfisher Airlines in 2003. What is the result? Click here to read the…

Berkshire Hathaway 2015

Archimedes was an Ancient Greek mathematician and physicist. He once said that — Give me a lever long enough and a fulcrum on which to place it, and I shall move the world. The claim of Archimedes is theoretically possible as levers can be used to exert a large force over a small distance at…

Lecture Notes Available on Kindle

I received a lot of positive feedback for my lecture notes on value investing. Some of you wanted to read the lecture notes on Kindle. Couple of hours back I published it on Kindle. Click here to purchase the Kindle version for $1.99. I wanted to give away the Kindle version for free. But Amazon doesn’t allow this and…

Visa & MasterCard

In 1949 Frank McNamara was having dinner in a Manhattan restaurant and when the bill came he realized that he had left his wallet at home. By the time his wife arrived and the bill had been settled, McNamara was deep in thought. After ruminating for sometime McNamara came up with the idea of using…