1) The Intelligent Investor - Ben Graham :
Classic book, suggested by investors all over the world. Start with this book.
** MEGA THREAD ON INVESTING **
I was thinking about what kind of resources I'd want to have if someone has to start learning investing right now, the ones I wish I had two three years back.
This thread is a compilation of the best resources I have come across. 👇👇👇
1) The Intelligent Investor - Ben Graham :
Classic book, suggested by investors all over the world. Start with this book.
Peter Lynch covers his strategies to find 10 baggers, and describes how an average Joe can do as well as the pros with simple methods and rock solid discipline and consistency backing it.
This is a Phil Fisher classic.
It's on the other end of the spectrum as the book dives into a deep qualitative approach in value investing rather than being fully quantitative like Ben Graham's.
Another book by Ben Graham that dives deep into analysing and understanding the valuations of any company you pick up to study.
This is one of the best investment books, coming from Howard Marks who has made his career making billions for his investors by trying to be slightly better than the average, and following timeless investing wisdom.
All of Warren's essays compiled together in a sequential fashion.
This is a treasuretrove of wisdom, as you get to see how Warren has progressed over years and his wisdom transcending generations of investors.
For years, Howard Marks has been putting out quality advice through his Oaktree Capital investor memos.
These combined with Warren's annual letters form an amazing combination of getting into the headspace of two brilliant investors of our generation.
This book by Joel Greenblatt is quite small, a no-nonsense book that really distills investing down to the barebone essentials and this method has worked (continues to work) in the stock markets.
But I believe that these eight are enough for you to learn investing theoretically and practically, and the best thing to do after reading these is to start applying what you learnt, in your analysis and research.
1) [Preston Pysh](https://t.co/DQIIP7TMj9)
Started the We Study Billionaires podcast, and covers Buffett style investing and Graham & Doddsville investors.
This is the Option Alpha channel - focuses predominantly on Options.
As investors, it's a very valuable skill to have, to know the ins and outs of options so that you can protect your portfolio come hell or high water.
This channel covers takeaways from investing books, and profiles several legendary investors.
This is one of my favorites. He's a damn good, level headed, sensible guy who talks common sense investing and diversification. My favorite because he mixes humor in most of his commentaries and explanations about things.
This is very underrated. Mr. Parikh's legacy is in this channel.
PPFAS annual meetings and regular investor meetings are uploaded here.
Mohnish is absolutely one of my favorite investors from India.
He rarely posts, but when he does post, it's usually one of his lectures or discussions with someone, and there's a lot of wisdom to take from them.
The keynote lectures and annual conferences posted here are worth their time in gold for those interested in value investing.
Famously called the Dean of Valuation, he's hands down the best guy you should learn Valuation and Corporate Finance from.
He's made his NYU class lectures available along with homework, assignments, etc., on his youtube channel.
Common sense personal finance videos is this guy's forte.
This one is not about investing, but about trading for most part, but one of the best channels to also learn about the other side of the coin.
Moving on, let's look at some of the best and most useful websites for investors.
This is truly an archive of Warren Buffett's work over the years.
From videos, clips of him spitting timeless advice, to his speeches, his annual letters, you can find everything there.
One of the best website hands down for beginners to go through and devour, when you start in the field of investing.
Concepts are made into simple digestible chunks and it's a breeze to learn from.
This is an incrediby useful forum for investing, with a strong community around it.
I picked up a lot of insights about companies I was researching on, from this website's discussion forum.
This is a collection of all the memos that Howard Marks has written since the early 1990s.
This is not WallStreetBets. This is a community where serious investing discussions take place. Lot of times, you can find some very good information about companies you're researching on, here.
This is a damn good blog on investing and trading altogether.
I personally love this website and the opinion pieces they write, and their pieces on market updates. Truly one of the best blogs to follow.
An Indian blog, curating the best of financial market updates from all over the world, focused more towards the Indian market.
I have learnt so much from this blog and the brilliant curation that's being done in it. Bookmark worthy!
This is a social media for investing.
You can see updates about stocks in Facebook feed style from different investors around the world.
You get to receive information first hand as a participant in this social media-ish website.
This website, combined with [ValueResearchOnline](https://t.co/oqakyn0pN9) are both very good sources of fundamental information and market updates.
Way better than moneycontrol any day.
1) @10kDiver - His deep dives on investing related topics is brilliant.
It's a crime not to follow him.
3) @sweatystartup - Lots to take away from this guy in terms of wisdom regarding the market, business, life.
5) @Post_Market - Level headed investment insights and psychology.
6) @iancassel - Everything small and microcap investing.
8) @mjmauboussin - Very good account for tweets on behavioral aspect of investing and on mental models.
10) @IndiaETFs - Neatly compiled data on Indian ETFs, Index Funds, and Mutual Funds. Check their pinned tweet for more details.
Somehow he gets the exact levels, exact timing, exact points of breakouts, reversals, market pauses, etc., and I don't even know how.
This guy is a technical analyst I'd suggest as a **MUST-FOLLOW** account.
These screeners are the best of all screeners and fundamental information platforms available on the web.
It has data of almost all the currently listed companies for the last 10 to 12 years, with filtering/querying capabilities.
Good user experience, minimal and no-nonsense platform.
More from Shravan Venkataraman 🔥🚀💰
In today's round up, I have some amazing threads, resources, and plenty of solid advice for business, finance, career from twitter.
Here's the roundup of 17 of the best and the most useful threads, tweets, and resources I found last week. 🧵
1/ How to find spreadsheets on any topic in the
2/ A thread by @wes_kao on making your customers hungry and excited to buy from
3/ Life brings you a lot of afflictions. But if you look around, there's a lot of beauty around you. Most often, drowning in the afflictions, we can't recognise or appreciate the beauty.
@wdmorrisjr wrote a damn good thread on finding beauty around us.
4/ This one is for all the job goers and job seekers.
@SahilBloom who recently hit 500k followers and has several accomplishments to his belt (career wise) wrote this thread on standing out in a hiring
Here's the roundup of 17 of the best and the most useful threads, tweets, and resources I found last week. 🧵
1/ How to find spreadsheets on any topic in the
How to find spreadsheets on any topic in the world:
— Blake Emal (@heyblake) February 13, 2022
1. Go to Google
2. Search site:docs(dot)Google(dot)com/spreadsheets \u201cYOUR TOPIC\u201d
3. Search, scroll, succeed pic.twitter.com/VJsYQKyi0J
2/ A thread by @wes_kao on making your customers hungry and excited to buy from
How to get customers excited, hungry to buy, and ready to say yes:
— Wes Kao \U0001f3db (@wes_kao) February 13, 2022
3/ Life brings you a lot of afflictions. But if you look around, there's a lot of beauty around you. Most often, drowning in the afflictions, we can't recognise or appreciate the beauty.
@wdmorrisjr wrote a damn good thread on finding beauty around us.
You\u2019re not looking for more success, stuff, or sex.
— David Morris (@wdmorrisjr) February 13, 2022
You\u2019re searching for beauty.
Here\u2019s how to find it: \U0001f9f5
4/ This one is for all the job goers and job seekers.
@SahilBloom who recently hit 500k followers and has several accomplishments to his belt (career wise) wrote this thread on standing out in a hiring
10 ways to stand out in a hiring process (that don\u2019t involve your resume):
— Sahil Bloom (@SahilBloom) February 13, 2022
Have you ever had 4-5 profitable trades in a row, and you bet all your profits on your next trade feeling "in the zone" only to lose it all?
That's called as "hot-hand fallacy" bias.
I ran a poll recently to outline two classic biases we have as humans.
Thread below 👇👇
1/ *Hot-Hand Fallacy* first had its origin in the game of basketball.
If a player shoots few baskets in a row, people generally predict that the next shot will also be a basket.
This is ignoring the fact that each shot is independent of the ones that came prior.
2/ In this poll, 41.1% people voted that the batsman who hit 4 sixes in a row, will hit a sixer in the 5th ball also.
This is classic hot-hand fallacy.
Each ball's outcome is independent.
The probability is not 50% FYI (number of outcomes is not 2).
These 148 people who voted that the next ball will also be a sixer, did so because they believe that the batsman is on a hot streak, and that his streak would continue.
This is an emotional bias and is usually attached to human performance related events only.
3/ 45.3% (162) people voted that the 5th ball would be a dot ball, meaning the batsman wouldn't score anything.
These people displayed the classic "negative-recency" bias, which is also called the "Gambler's Fallacy".
That's called as "hot-hand fallacy" bias.
I ran a poll recently to outline two classic biases we have as humans.
Thread below 👇👇
Let's say you see a cricketer hit four 6's in a row.
— Shravan Venkataraman \U0001f525\U0001f680\U0001f4b0 (@theBuoyantMan) December 30, 2020
If you have to bet on the next ball's outcome, what would you bet on?
1/ *Hot-Hand Fallacy* first had its origin in the game of basketball.
If a player shoots few baskets in a row, people generally predict that the next shot will also be a basket.
This is ignoring the fact that each shot is independent of the ones that came prior.
2/ In this poll, 41.1% people voted that the batsman who hit 4 sixes in a row, will hit a sixer in the 5th ball also.
This is classic hot-hand fallacy.
Each ball's outcome is independent.
The probability is not 50% FYI (number of outcomes is not 2).
These 148 people who voted that the next ball will also be a sixer, did so because they believe that the batsman is on a hot streak, and that his streak would continue.
This is an emotional bias and is usually attached to human performance related events only.
3/ 45.3% (162) people voted that the 5th ball would be a dot ball, meaning the batsman wouldn't score anything.
These people displayed the classic "negative-recency" bias, which is also called the "Gambler's Fallacy".
** MEGA THREAD ON Cryptocurrencies/Blockchain**
I wanted to know the best resources to learn about cryptocurrencies and blockchain for someone with zero knowledge. I asked Twitter, and Twitter answered.
This thread is a compilation of the best resources I was recommended. 👇👇
Let's start with ** BOOKS **
The first thing you should do before you pick up any book:
Learn about Bitcoin & Ethereum by reading the respective whitepapers.
- [Bitcoin white paper](https://t.co/cErOaFn6QL) by Satoshi Nakamoto
- [Ethereum White paper] (https://t.co/0g5kYCGJGq) by Vitalik Buterin
Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.
1) *The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them* by Antony Lewis
This book covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining.
It also answers how payments are made and how transactions are kept secure.
Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens.
I wanted to know the best resources to learn about cryptocurrencies and blockchain for someone with zero knowledge. I asked Twitter, and Twitter answered.
This thread is a compilation of the best resources I was recommended. 👇👇
Let's start with ** BOOKS **
The first thing you should do before you pick up any book:
Learn about Bitcoin & Ethereum by reading the respective whitepapers.
- [Bitcoin white paper](https://t.co/cErOaFn6QL) by Satoshi Nakamoto
- [Ethereum White paper] (https://t.co/0g5kYCGJGq) by Vitalik Buterin
Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.
1) *The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them* by Antony Lewis
This book covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining.
It also answers how payments are made and how transactions are kept secure.
Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens.
More from Screeners
You May Also Like
BREAKING: @CommonsCMS @DamianCollins just released previously sealed #Six4Three @Facebook documents:
Some random interesting tidbits:
1) Zuck approves shutting down platform API access for Twitter's when Vine is released #competition
2) Facebook engineered ways to access user's call history w/o alerting users:
Team considered access to call history considered 'high PR risk' but 'growth team will charge ahead'. @Facebook created upgrade path to access data w/o subjecting users to Android permissions dialogue.
3) The above also confirms @kashhill and other's suspicion that call history was used to improve PYMK (People You May Know) suggestions and newsfeed rankings.
4) Docs also shed more light into @dseetharaman's story on @Facebook monitoring users' @Onavo VPN activity to determine what competitors to mimic or acquire in 2013.
https://t.co/PwiRIL3v9x
Some random interesting tidbits:
1) Zuck approves shutting down platform API access for Twitter's when Vine is released #competition
2) Facebook engineered ways to access user's call history w/o alerting users:
Team considered access to call history considered 'high PR risk' but 'growth team will charge ahead'. @Facebook created upgrade path to access data w/o subjecting users to Android permissions dialogue.
3) The above also confirms @kashhill and other's suspicion that call history was used to improve PYMK (People You May Know) suggestions and newsfeed rankings.
4) Docs also shed more light into @dseetharaman's story on @Facebook monitoring users' @Onavo VPN activity to determine what competitors to mimic or acquire in 2013.
https://t.co/PwiRIL3v9x
