Some stuff I am reading today morning:
SEBI may seek forensic probe of ICICI Bank’s books (ET)
Govt likely to cut excise duty on fuel (Rediff)
Champion Trader: Prashant Shah (MC)
India’s IPL is beginning to rival English soccer (CNBC)
Should you still invest in large cap mutual funds? (Mint)
On Portfolio reviews (Subramoney)
Annual Letter to shareholders (Vallum)
Blind spots in investing (Niraj)
Peak S&P 500 Multiple (Macro Tourist)
Interview with Joel Greenblatt (Barry)
The Book ‘Charlie Munger-The Complete Investor’ is written by Tren Griffin who blogs at 25IQ.Com
I am a huge fan of Charlie Munger and he is one of my biggest intellectual heroes.
As such,I was delighted to read this book which captures the investing essence of Charlie Munger
The Book is not a biography…instead it captures the various quotes. anecdotes and lessons from Charlie Munger’s investing career.
The Book covers the basics and principles of value investing as practised by Charlie Munger,his famous worldly wisdom and psyschology of human misjudgement as well as the values required to be a great investor.
There is a chapter on Berkshire Hathaway which explains why it succeeded …a source of permanent capital and float being the key ingredients.
The Bibliography section contains a treasure trove of information-one can enhance one’s investing skills just by reading the notes.
Do buy this book if you are a Charlie Munger fan.
Here are the most clicked items on Alpha Ideas this week:
Domino’s India : Shocking if true (AI)
Why Hotel Stocks are rallying (AI)
The strange investment choices of ICICI Prudential MF (Vinit)
Infosys’ whistle blower is back (BS)
The new nameplates at India’s toniest localities (Forbes)
How Dominos Pizza drove 90x increase in stock price value (Product Habits)
Infographic: How 10 Billionaires faced failure (AI)
The most important chart of India (AI)
Hindustan Unilever is pure evil (AI)
From penniless immigrant to multi Billionaire (Forbes)
Some off beat reads for the weekend:
How to get rich quick in Silicon Valley (Guardian)
Ambedkar on Gandhi (Swarajya)
How united is the front against Modi? (Open)
Too many men (Washington Post)
Who killed Tolstoy? (Granta)
Inside Rex Tillerson’s ouster (New Yorker)
Tiger Farms in Laos (SCMP)
Is the Japanese Yakuza headed for extinction? (ATimes)
Twists in the Football World Cup Tale (Mint)
In Photos: India’s most luxurious trains (BI)
On being accused as a Soviet Spy (J Mathrubootham)
Mumbai meri jaan (Arre)
Meet the wolves on Instagram (Guardian)
The best new shows on Netflix (HP)
Spoof: Tips for travelling solo (The Onion)
Hat Tip: Nooresh
