Common Sense Investing: Sharing an excellent set of simple videos (less than 60 minutes) by Rick Van Ness. All that an average individual investor needs to know and follow. This is what the site http://www.financinglife.org/ says about these videos: “These short videos teach basic financial concepts to make it more likely that you’ll achieve common life … Read more
Came across an interesting conversation that the famous value investor Mohnish Pabrai had with Steve Pomeranz. He talks about what value investing is, why individual companies matter to him more than broader markets (though not advised for normal passive or ‘defensive’ investors), the importance of temperament which should be a strange mix of patience and … Read more
..and again!! That’s the title of a memo sent by the famous investor Howard Marks of Oaktree Capital to his clients recently. And it refers to how he is happiest writing when bull markets start going far, risk aversion disappears and there’s money all around inflating potential bubbles. It is quite a long memo listing … Read more
Some articles and talks that I found worth reading and listening to over last few days: Video: Why Bruce Berkowitz still likes stocks others hate? LINK Get Rich Slowly – Jason Zweig LINK Video: Mohnish Pabrai Talks at Google LINK
I had the opportunity to read two books over the past two weeks. The First One was ‘The Lazy Person’s Guide to Investing’ by Dr Paul Ferrell, a former investment banker with Morgan Stanley and a columnist later, with some really useful and simple advice for the individual investor. Here are some excerpts: “Investing really is very … Read more
Prem Watsa was once called the savviest value investor you will never know. He is also known as the Canadian Buffett. In fact, his investing approach is uncannily similar. He heads Fairfax which owns multiple insurance companies. He generally buys companies in whole and mostly when they are in trouble (Blackberry being a recent example). … Read more
This year marks 50 years of Buffett and Munger running Berkshire Hathaway. Since 1977, Buffett has been writing an annual letter to his shareholders. A compilation of these letters was also published as a book. This year the letter has its details on business performance, plus the now regular interesting insights and wisdom as usual, … Read more
I found this wonderful talk – both in style and substance, in numbers and stories – as he mentions – delivered by Prof Aswath Damodaran (of New York University) at Google posted on Youtube over this weekend. Here are some notes/ statements from this talk to takeaway: “Accounting is not valuation” “Goodwill is the most … Read more
It has been a while since I posted to the blog. The reason being I had nothing much to say. So while I find something to say, there is always a lot of interesting stuff to read. While the message remains the same like all the basics of investing, it is not a bad time … Read more