Pranesh Srinivasan, a close friend of mine, is an engineer working at Google building intelligent and super fast systems to answer all the world’s questions. Pranesh attended my value investing class, almost four years back, and that’s how I got introduced to him. Truth said I learned more about investing and other disciplines from him.
Recently I read an excellent note from him on the key ideas for successful investing. In it, he talks about how a know-nothing investor can outsmart the majority of active investors, how a world’s worst market timer generated 9% returns by staying the course, what happens if everyone chooses to index, and many more.
Pranesh was generous to share his note on my blog. I would highly encourage to read, reread, and reflect his note: Key ideas for successful investing.