Thread on 50 GOLDEN RULES of Warren Buffett ( One Rule Per Day)

Day 1:

4 Filters Of Investing.

Day 2:

To understand Investing you need not required to be a genius. Investing is not a rocket science.
Day 3 :

Personal Finance.
Day 4 :

Margin of safety.

Image Courtesy: Prof. Sanjay Bakshi blog.
Day 5:

Management.
Day 6:

Start Early.
Day 7 :

Reputation is your biggest asset.
Day 8 :

If you have time to study the businesses then go for direct equities otherwise SIP in low cost index funds.
Day 9 :

Risk.
Day 10:

Prediction🔮
Day 11:

Investor & Market fluctuations.
Day 12 :

Focus on Process.
Day 13:

Invest in yourself.
Day 14:

Honesty.
Day 15:

How about investing in turnaround stories?🤔 👇
Day 16:

Your inner scorecard matters.
Day 17:

Handful of few good stocks are enough.
Day 18:

Associate with people better than you 🤝
Day 19:

Quality business @ fair price 👊👊
Day 20:

Speculation.
Day 21:

A clever person likes to solve the problem, whereas a smart person clearly avoid it!

Investing is not for clever people but it is for smart people. Be smart.
Day 22:

On ideal business.
Day 23:

Dealing with people.
Day 24:

Invest on future growth of the business & not based on past glory.
Day 25:

On "Circle of competence" ⭕
Day 26:

Spend money prudently...otherwise👇
Day 27:

Invest only in this kind of businesses with this kind of mindset.
Day 28:

Simple businesses| Higher degree of predictability| Less vulnerable to technological disruption.
Day 29:

First focus on survival.
Day 30:

Choose the right "role models".
Day 31 :

On Leverage.
Day 32 :

Advice to new investors.
Day 33 :

Admit your mistakes and move on, it is a part of the game, and better if you understand this in the early stage.
Day 34 :

How to deal with advisors.
Day 35 :

Learn from everyone. But walk in your own path 🛤️
Day 36 :

Keep the things simple & be disciplined (Remember: Looks simple but not easy 😊)
Day 37:

On Banking business.
Day 38:

Compounding is a long journey.
Day 39:

It is the path & not the speed. Be careful about the path you have chosen.
Day 40:

Sharing wealth.

#Respect 🙏

Courtesy: The giving pledge web portal.
Day 41:

WB investing approach in a nutshell.
Day 42:

On valuations.
Day 43:

Whatever the rally... be it IT rally in the 2000s, Infra rally in 2007-08 & recent Graphite electrode rally....wise people made money but most of the retail investors entered in later stage & trapped.
Day 44:

Longer the holding period = Risk 🔽
Day 45:

During crisis = Cash is king, at the same time your courage is also important.
Day 46:

Think about this 👇
Day 47:
In a good time, even a mediocre business looks amazing.

Remember almost all IT companies trading at a ridiculous valuations b/w the late 90s to early 2000s & most of them now either disappeared or turned out to be a penny stock.
Day 48:

Don't break the rules. Don't look for shortcuts.
Day 49:

Before buying any stock don't look for "how much I make". Look downside protection ( both in terms of price & quality)
Day 50:

Never forget this 🙏

[ End ]

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**Thread on Bravery of Sikhs**
(I am forced to do this due to continuous hounding of Sikh Extremists since yesterday)

Rani Jindan Kaur, wife of Maharaja Ranjit Singh had illegitimate relations with Lal Singh (PM of Ranjit Singh). Along with Lal Singh, she attacked Jammu, burnt - https://t.co/EfjAq59AyI


Hindu villages of Jasrota, caused rebellion in Jammu, attacked Kishtwar.

Ancestors of Raja Ranjit Singh, The Sansi Tribe used to give daughters as concubines to Jahangir.


The Ludhiana Political Agency (Later NW Fronties Prov) was formed by less than 4000 British soldiers who advanced from Delhi and reached Ludhiana, receiving submissions of all sikh chiefs along the way. The submission of the troops of Raja of Lahore (Ranjit Singh) at Ambala.

Dabistan a contemporary book on Sikh History tells us that Guru Hargobind broke Naina devi Idol Same source describes Guru Hargobind serving a eunuch
YarKhan. (ref was proudly shared by a sikh on twitter)
Gobind Singh followed Bahadur Shah to Deccan to fight for him.


In Zafarnama, Guru Gobind Singh states that the reason he was in conflict with the Hill Rajas was that while they were worshiping idols, while he was an idol-breaker.

And idiot Hindus place him along Maharana, Prithviraj and Shivaji as saviours of Dharma.
॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..


• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.