I read the book Thinking Fast And Slow for the first time in 2012. I managed to read 25 percent of the book with reasonable comprehension. After that my understanding started to dip and I stopped reading. I felt miserable and thought I was dumb and that’s why I couldn’t understand it. I read the…
I rarely buy the same book in three different formats [Physical, Kindle, Audible]. The recent one I made a triple purchase was for the book Peak. The book came out of a collaboration between a psychological scientist [Anders Ericsson] and a science writer [Robert Pool]. Together they spent 5 years to write this book. Click…
I started investing in the stock markets [both US and India] from 2006. I never believed in picking individual stocks as I was heavily influenced by John Bogle’s writings. I took a passive route to investing by dollar cost averaging in index funds. Click here to read the rest.
In the last four years, since I started reading voraciously, I have been collecting a private digital archive of quotes that I have found intriguing. I call these intriguing quotes as super-paragraphs. Couple of months back, I came across a super-paragraph which Peter Kaufman shared with Columbia Business School students. Click here to read the…
Peter Bevelin is one of my favorite authors. If measured in the scale of page-for-page wisdom, then his books will feature among the best of the best. I like his writings because he organizes the contents around key themes. The technique of organizing based on themes is called as common placing. This is a powerful way to understand…
Last year I asked my friends to send me the names of the companies run by able and honest managers like Warren Buffett. Without hesitating both of them mentioned about Mark Leonard, a terrific guy who runs Constellation Software. I promptly added it to my reading list. In a recent interview, Shane Parrish mentioned about…
I am a big fan of Sachin Tendulkar. One of my favorite shots of Sachin is a full blooded drive, second boundary in the video. He would score a boundary of Brett Lee without moving an inch. Brett Lee delivered the ball at 152.5 kilometers per hour. At that speed the ball would reach Sachin…
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.
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…
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…
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…
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…
