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 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 11:
Investor & Market fluctuations.
Day 12 :
Focus on Process.
Day 13:
Invest in yourself.
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 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 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 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 ]