August 6, 2018 -

Seth Klarman Protege David Abrams Says “Value Investing Is The E = mc² Of Money And Investing”

Seth Klarman Protege David Abrams Says “Value Investing Is The E = mc² Of Money And Investing” Please follow and like us:0

Risk

October 17, 2018 amit

Using beta and volatility to measure risk is nonsense. Please follow and like us:0

Article

 Analytical edge o Investment framework; smarts/IQ; experience; technical expertise (in a sector/security/geography/etc.)  Psychological edge o Willingness to bear pain and delay gratification; avoidance of (or ability to exploit) fear and greed; lack of interest in one’s popular perception; willingness and ability to go against the crowd when appropriate.  Institutional edge o Properly […]

Reading Links

Jonathan Gray: Favourite Areas For Real Estate Investing and Successful Investments

October 16, 2018 amit

Jonathan Gray: Favourite Areas For Real Estate Investing and Successful Investments Please follow and like us:0

Thoughts

Samuel Johnson

October 16, 2018 amit

A horse that can count to ten is a remarkable horse – not a remarkable mathematician.” Likewise, any company that allocates capital brilliantly within its industry is a remarkable company – but not a remarkable business. Please follow and like us:0

Thoughts

Paul Singer

October 15, 2018 amit

“To perform the task of money management properly, there must be a true partnership and understanding between investors and their managers. The partnership does not mean that investors are sitting in the kitchen watching the sausage being made. Rather, it means that investors should have rational expectations based on past performance and current market conditions, and should […]

Thoughts

Frank Martin

October 15, 2018 amit

“Large losses, though initially only on paper, often derail an otherwise rational investor. An illogical fear of loss insidiously exerts an undue influence on portfolio decision making. (Rationally, the lower prices go, ceteris paribus, the less the likelihood of further loss—a truism that falls on deaf ears when fear has the upper hand.)” Please follow […]

Thoughts

Charlie Munger

October 15, 2018 amit

If you can’t stomach a 50% fall in a stock price, the markets are no place for you. Please follow and like us:0

Thoughts

Joel Greenblatt

October 14, 2018 amit

“We start with some good news about your education: simply put, if your goal is to beat the market, an MBA or a PhD from a top business school will be of virtually no help. Well, it’s good news, that is, if you haven’t squandered tons of money and time at a business school in the single-minded quest for stock […]