Key ideas for successful investing

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.…

Invest in yourself

What should I invest in, so that I am well prepared for retirement? It is a question that I get asked most often from my friends. My response to them is simple: Invest in yourself. Spend less than you earn. If you can stomach a drawdown of 50+ percent, then invest your savings in a…

Three bucket framework to Investing

For Value Investing Almanack, Anshul Khare asked me the following question: “Being a value investing disciple and also working in a company which is at the bleeding edge of technological disruption, how has your investing style evolved in last five years?”. 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…