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10 Key Takeaways from the book: The Emotionally Intelligent Investor

 1. Investing success does NOT come from ignoring or suppressing emotion. Assuming that you have relevant expertise, disregarding intuition and empathetic feelings because they cannot be explained, is a mistake!
2. Self-awareness is the first and most important step in improving as an investor. An investment approach needs to fit with your unique set of motivations, personality traits, weaknesses, and strengths. Don’t try to be exactly like Warren Buffett if you are not like him!
3. Humans have certain common investing vulnerabilities, but everybody is unique in their susceptibility to them. Consider your weaknesses to be the investing biases and traps to which you are most prone.
4. Because we are constantly changing, introspection should be incorporated into the daily and weekly routines of any investor. Try writing in a trading/Investing journal.
5. An investing style that involves riding trends can require very different personality traits and competencies than a more contrarian investment strategy. It is important to make sure an investment’s thesis matches the approach.
For example, don’t get shaken out of a highly contrarian bet just because short-term business conditions are slightly worse than expected.
6. Trading success involves recognizing and taking advantage of the mistakes of others. This requires empathy.
7. Technical analysis is a tool for empathizing with the current shareholders of an investment. Investors that completely ignore stock charts are potentially missing out.
However, avoid getting caught in the weeds of chart reading without thinking about what the chart is telling you regarding how other shareholders may be feeling.
8. Management teams of the companies we invest in should be self-aware and trustworthy. They are making investments every day with our money.
9. Intuition is not a magical sixth sense. It is based on pattern recognition. Within an overall market that can seem quite random, there are many patterns that repeat over and over again.
The expert investor is good at quickly spotting these patterns developing. Fundamental analysis is very important, but good decision-making should start with intuition and should then be safeguarded with logic.
Every potential investment should remind you of something that was successful where luck was not a major factor.
10. Intuition is best built through objectively reviewing prior decisions. It is important to make this a continuous process, since investing intuitions can become obsolete. Gut instincts can also be developed through mental simulation exercises.
Instead of simply listing risk factors, try to visualize failure and then work backward to understand patterns that help with sensing danger. Mental simulations can also help with portfolio construction and are a useful way to leverage the intuitions of others.
Here is the link of the book:

https://t.co/g7cwp21SLn
Substack Post: https://t.co/rlNfmCakml

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Thread Best books recommendation by one of best investor I knew @insharebazaar (Virtually)

He grab many multibagger stocks and His style also unique(1st Seen interview in @TraderHarneet's YT Channel)

He follow Simple process

Young Intelligent Investor who also appeared in ET

1. One Up On Wall Street

2. Rich Dad Poor Dad

Access here : https://t.co/UWOCF732z6


3. The Unusual Billionaires

4. Trading in the Zone

https://t.co/G7mqVPtEM0


5. Market Wizards

6. The Intelligent Investor

https://t.co/yPKBzYyPAl


7. The Five Rules for Successful Stock Investing

8. Reminiscences of a Stock Operator

https://t.co/PiioB3hdHP
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Investment Books (Dhaval)
Investment Books (Dhav...
@InvestmentBook1
40 Investing Books Recommendations from 20 Legendary Investors

Including Warren Buffett, Charlie Munger, Joel Greenblatt, Mohnish Pabrai, Guy Spier, Li Lu.......

Worth More than $100 Billion!


1. Warren Buffett

The Most Important Thing - https://t.co/9noBa9TIYk

The Outsider -

2. Charlie Munger

Influence: The Psychology of Persuasion - https://t.co/UnBFJ90J9o

The Warren Buffett Portfolio -

3. Mohnish Pabrai

100 Baggers - https://t.co/CrIt3kJlaF

A Gift to My Children: A Father’s Lessons for Life and Investing -

4. Chris Mayer

The Little Book That Beats the Market. - https://t.co/7NEKHgNCSD

100 to 1 in the Stock Market by Thomas Phelps -
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@Vivek_Investor With an insider's view of the mind of the master, Mary Buffett and David Clark have written a simple guide for reading financial statements from Buffett's successful perspective.
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Investment Books
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Knowledge sharing initiative Book 3: "Zurich Axioms" by Max Gunther

The book crystallizes how to think about taking investment bets (position sizing), and how to reduce risks in investing & speculation. It focuses on teaching a balance between rewards & risks.

(1/n)


Here are the key takeaways from the book:

1. Take sizeable bets in life: Taking small bets will give you a good night's sleep as you have very little to lose, but the important point is "it won't ever make you rich".

(2/n)

2. Taking size-able risk is necessary to get rich but make sure you don't go bankrupt taking that risk.

3. Don't diversify too much as gains & losses will nullify each other.

(3/n)

4. Be less greedy to make money - Book some profits when you see a sudden huge increase in wealth - fear of regret will stop you from booking profits but don't be greedy as consistent streaks of lucks are rare in life.

(4/n)

5. Cut losses when you go wrong don't start praying that your losses will recover rather act quickly take some loss and sell out.

(5/n)
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@contrarianEPS I don't know about crypto but I invested because it's was rising

- Retail Investor
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Last week Hizbollah's finance institution Al Qard el Hasan was hacked by Spiderz. A group of people took that Data and tried to make sense out of it. Below are the findings

https://t.co/eGLqvb28o5


Loans are provided to borrowers for gold deposits or other guarantees, to the association's members and to unsecured applicants.

AQAH had a carried forward loan balance of $450 million as of December 31, 2019. This balance has been increasing at a yearly rate of 13.4%.


AQAH laundered around $475 million in 2019 in the form of disbursed loans paid to more than 20,000 borrower accounts; mostly to borrowers with gold deposits.

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A simple thread to understand relationship between US Dollar and Emerging Markets.

The relationship between the performance of Emerging Market stocks and the US Dollar is one of the tightest macro relationships that exists in investing.

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The weekly return correlation between US Dollar and MSCI Emerging Market Index is -0.70 over last 10 years. Which means when US Dollar weakens, Emerging Market stocks rally and vice versa.

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As seen in this chart, the MSCI EM Index and the MSCI World Index ratio and the US Dollar Index are negatively-correlated.

When US Dollar weakens, EM index outperform World Index and when US Dollar strengthens EM index underperform World index.

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From 1995 to 2000, the USD appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by over 15% annualised.

Then from 2001 to 2010, the U.S. dollar depreciated over 18% while the MSCI EM Index outperformed the MSCI World Index by 14% annualised.

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Then from 2011 to 2020, the U.S. dollar appreciated over 30%, while the MSCI EM Index underperformed the MSCI World Index by 7% annualized.

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I'm lucky to attain financial freedom before 30.

I credit Fintwit for my learnings.

Here's 10 key concepts every investor must know:

1. $$ needed to retire
2. Researching a business
3. Reading annual reports
4. Reading earnings calls
5. Criteria of a multi bagger

(Read on...)

6. Holding a multi bagger
7. Economic moats
8. When to buy a stock
9. Earnings vs cashflow
10. Traits of quality companies

Here's my 10 favourite threads on these concepts:

1. How much $$ do you need to retire

Before you start, you must know the end game.

To meet your retirement goals...

How much $$ do you need in your portfolio?

10-K Diver does a good job explaining what's a safe withdrawl rate.

Hint: It's NOT


2. Research a business

Your investment returns are a lagging indicator.

Instead, your research skills are the leading predictor of your results.

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To be a good investor, you must be a great business researcher.

Start with


3. Reading annual reports

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You cannot just listen to opinions from others.

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Full chart learning course 🎓
In single thread 🧵

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price action ✨👇

1⃣Time frame - always start looking chart 📊 with higher time frame (weekly/monthly) then after go for lower one .

Positional trader - weekly/monthly

Swing trader - daily /3hours

Intraday trader - 15/30min

2⃣ demand /supply zone - then draw major/minor demand & supply zone .।।।

Ex : #SIS


3️⃣ Trading style -

⚡If you are positional trader then focus on major demand & supply zone.

⚡If you are swing trader then focus on minor demand & supply zone.

Wait for price to come on it then, 👇

4⃣find consolidation -

⚡Positional trader - consolidation should be above 1/2years.

⚡ swing trader - consolidation should be below 1/2 years

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(1/14) The World Bank’s 2017 report titled ‘Precarious Drop’ pointed out how nearly 20 million Indian women were ‘missing’ from the workforce during 2004-2012.


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sthithE manasi susvasthE sarIrE sathi yO nara:
dhAthusAmyE sthithE smarthA visvarUpam cha maamajam (1)

tathastham mriyamANam thu kAshtA paashaNa sannibham
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Meaning:

Oh Bhumi Devi! The entire universe is my body (sarIram).
I do not have births or deaths .

When my bhakthAs with mahA visvAsam (utmost faith) surrender to me, while they are still in a state of tranquil mind and healthy body and reflect about Me as as SarvAdharan (root cause
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sarva sEshi (the ultimate),

aasrayaNeeyan (One who is fit to be worshipped),
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