Wit. Wisdom. Value Investing.
Announcement: Admission to the 11th batch of my premium, online course in Value Investing – Mastermind – is now open, and will remain so till 25th March. Click here to pay your price and join now.
Warren Buffett recently released his 2019 letter to shareholders of Berkshire Hathaway.
I have prepared some notes on the letter. Click here to download my notes.
I recently spoke at the Value Investing Summit 2020 in Kuala Lumpur, on the subject of ‘financial freedom.’
Click here to watch the video of my talk, or watch below.
There are intermittent audio issues due to a problem with the microphone. But I know you are wise enough to not complain about the same and instead able to connect those dots looking at my slides and your own wisdom. 🙂
The secret to getting rich is simple.
Of course, I am not talking about owning a bank, or inheriting riches, or marrying someone rich as the secrets to getting there.
My simple secret of getting rich that is available to all is – start early, spend less than you earn, and invest that surplus well for the long run.
Much ado about nothing – If you describe a situation as much ado about nothing, you mean that people are making a lot of fuss about something which is not very important.
In his book Fooled by Randomness, Nassim Taleb wrote that “news makes idiots of us because it gives us confidence, not insight.” Like a PhD in macroeconomic theory. Now is one such time of the year in India, when after the Union Budget is announced, a lot of us are feeling and behaving like PhDs in macroeconomic theory.
Like a school friend of mine, who called up recently to ask my views on the Budget, and before I could say, “I don’t have any view!” lectured me for thirty minutes on his views.
“How should my investment strategy change with the Budget announcements?” he asked near the end of the call.