“If you are shopping for common stocks, chose them the way you would buy groceries, not the way you would buy perfume.” “Obvious prospects for physical growth in a business do not translate into obvious profits for investors.” “Most businesses change in character and quality over the years, sometimes for the better, perhaps more often … More Investing Wisdom Series 5: Lessons from Ben Grahman [5 Mins]
@Naval – https://twitter.com/naval
To Think To Meditate To fast Being on time Efforts Body Language Energy Attitude Passion Being prepared
One way to answer this question is to say: Luck matters more in an absolute sense and hard work matters more in a relative sense. The absolute view considers your level of success compared to everyone else. What makes someone the best in the world in a particular domain? When viewed at this level, success … More Absolute Success vs. Relative Success [5mins]
Ray Dalio Ray Dalio is an American billionaire investor, hedge fund manager, and philanthropist. Dalio is the founder of investment firm Bridgewater Associates, one of the world’s largest hedge funds. As of January 2018, he is one of the world’s 100 wealthiest people, according to Bloomberg. Below are my favorite videos from Ray Dalio’s collection. This is one of the … More Ray Dalio: Life + Business lessons [Videos]
Quick checklist from the book ‘The Art of Short Selling’ written by Kathryn F.Staley. One of the masterpieces on the art of short selling. A checklist for shorting stocks: Analyse the financial statements Fuzzy assets, inventories, receivables Proxy statements Cash flow is the King! Greed and Sleaze Management pay scheme Proxy statements Options awarded to … More Investing Wisdom series 4: Checklist for shorting stocks [7 mins]
