Thread by @jain_satwik_

Starting this thread on the handpicked videos about investments & life I found intriguing. Looking forward to knowledge & Goodwill compounding
#gyanwithsatwik #ValueInvesting

1) "We should be a little more sceptical about our ability to build Excel models, calculate margins of safety & give more focus to think about people"Rob Vinall
Of RV Capital in an eye opener on mgmt. quality judgement
Link:
Courtesy @abhymurarka

"Participation in price movement is not same as ownership of business"- Anthony Deden
Amazing insights into capital preservation, fallacies of #WallStreet , seeing #stocks as participation by @RealVision
These 145 mins will leave you thinking for days

"When asked Uncle #Templeton the most important one word in investing, he replied it's PATIENCE", Laurence Templeton, the great niece of Sir John Templeton in these amazing insinghts into the #ValueInvesting & #BehaviouralFinance at @googletalks

Excellent motivation by @VijayKedia1 sir for all of us.
- Shows no capital is too small if we have patience and hunger to excel
- Very nicely explains Chinese bamboo theory for patient #investing

"The way to long term returns is through preservation of capital and home runs" - Stanley Druckenmiller, the famous #HedgeFund manager who compunded at 30% for 30 yrs.
A must watch interview with @RealVision on #algotrading, #investing , #philanthropy

" Murders in P&L account are normally buried in Balance Sheet"- Carson Block explaining beautifully to @RealVision how he caught #financialfrauds, Chinese scam, what to look for in unethical managements & how to navigate #financialsheningans
Link:

An excellent audiobook on " #Buffet the making of an American capitalist"

Literally gives a blow by blow account of how Buffet started from scratch and became one of the greatest investors of all time


#ValueInvesting

Invaluable lessons for Mr Durgesh Shah from his vast experience over 40 years
Shows no one is immune to mistakes

Very nice initiative by @CFASocietyIndia to conduct an event on #ValueInvesting

Words of wisdom from one of rare interviews of mavericks of Dalal street, Mr Rajiv Khanna

The humbleness after such exponential success is mind boggling

" Brands creating economic value should either have high switching costs or increase in happiness value"

Pat Dorsey succinctly explains concept of brands & creation of shareholder value using more than 50 diverse e.g.s



#ValueInvesting #gyanwithsatwik

A masterpiece on behavioural finance by the one and only Late Parag Parikh, the founder of @PPFAS

Simple and lucid. Enjoy



#ValueInvesting

12) "Never underestimate the power of incentives".
Watched " #Fyre - The Greatest Party That Never Happened" robbing people of millions of dollars
It was the ultimate convergence of social proof, envy, greed, power & influencer marketing netflix.com/in/title/81035…

Amazing insights into the thesis, pain, guts & vision required for short selling frauds by none other than Marc Cohodes

It simply isn't talking down a company on internet after shorting a stock



#ValueInvesting

Crowd- Why are you not richer than Warren #Buffet ?
Charlie Munger- Why is Albert Einstien poorer than me?

Amazing 2 hour AGM of #DailyJournal chaired by none other than Charlie Munger

No wonder Buffet formed a partnership with him


#ValueInvesting

"Decade long goals should not be measured by quarterly results"- Morgan Housel

He gives a great session on human follies, behavioural biases and common mistakes which most investors make

A great initiative by @CFASocietyIndia

Excellent primer on the dairy sector by @raj_mehta89 of the highly respected @PPFAS
The huge untapped opportunity, especially in the value added products would present interesting investing opportunities



#ValueInvesting

" What has continued to amaze me is that fund managers have a pointless obsession with unknown & irrelevant factors instead of focus on finding good cos with good products, cash flows, profitability & market share"- Terry Smith, top UK fund manager

18) Excellent primer on UK's top fund manager, Terry Smith's views on #India and investing
- Find great cos, don't overpay, do nothing
- Has 43% weight to India vs 9% for the MSCI
- Invested in great cash flow machines like #Nestle, #Asianpaints , #Emami

"Too many analysts have gotten into 'business modelling". It's such a wonderful phrase, it leads you to your doom. It's like lemmings walking into sea"- Sanjoy Bhattacharya

Amazing insights into understanding businesses & sectors by him & @Raamdeo sir

"Successful investing is counterintuitive to our human nature. It's a lifelong process of retraining our minds to think different and better"

Amazing insights by @iancassel on microcap investing

"If #McDonalds & #starbucks can become multi-billion dollar brands selling vada paav & coffee, then anyone can be extremely successful focusing on niches"- Rahul Bajaj of #bajajauto at his best sharing insights in marketing, #strategy & brand building

If confidence had a name it would be Aditya Puri right now.

Superb interview on the way ahead for #hdfcbank , extremely delighted as a shareholder

Superb primer on the diagnostics industry by @oraunak of @PPFAS

A must watch for anyone analysing the sector

A presentation par excellence by Paresh Sanghi of Club Millionaire PMS @IIC_2020
It takes courage and guys to sit on cash and buy quality businesses at fair price with high allocation.

Hats off to the team.

indianinvestingconclave.com/alpha_series

Great learnings about consumer businesses and great franchises from the latest AGM of @FundsmithLLP
Always a pleasure to listen to Terry Smith's views



#ValueInvesting

An excellent video on the virtues of #valueinvesting by Mr Bharat Shah of ASK Investment Advisors
A must watch in these turbulent times

Superb presentation on framework for investing in emerging markets equities by @FundsmithLLP

They are overweight India with 42% weightage and invested in high quality consumer staples and building materials stocks.

Excellent primer into the #forensic frameworks and processes followed by @MarcellusInvest to identify frauds

This video alongwith the book named "Financial Shenanigans" by Howard Schilit is a must for every investor to avoid landmines

" Value is important at all times. We need to be cognizant of what we define as value. Judging value is both an art and a science." - Bharat Shah

Superb insights into long term compounding, asset allocation and creating wealth through #equities

" Investing is a long haul game. You should be willing to hold that asset for 10-15 years. You could only do that if you understand the business value chain, economics & management rather than taking a punt "- @unseenvalue

We try to own businesses that can go on delivering value forever. We like companies that create an intangible value that enables them to have premium pricing due to tech know how, control of distribution & brands- Terry Smith of @FundsmithLLP