Rejected 10 times in Harvard, rejected in 30 jobs, first 2 businesses didn’t work out.
This book is extremely motivating as it tells how a man from humble beginnings built Alibaba into one of the largest internet companies
2/n
The Peaceful investor & Company Analysis Volumes 1, 2, 3, and 4 (covers 40 stocks in total) by @drvijaymalik
After reading these, you learn the fundamental analysis process completely!
@drvijaymalik is rightly called the Doctor of stocks, he is the best in fundamentals!
3/n
Ode To Geniuses
The book discusses philosophers and poets from the Renaissance era - Epictetus, Euclid, Horace, Nikola Tesla, and a few more
It's fascinating to note how they started out and the way they ended up in their respective fields to make a big mark!
4/n
Beyond the End
This is about unfinished masterpieces of art -This is also very interesting as the stories of incompletion and the artists behind them grip you completely!
Note - This book + the one before are private publications, they were gifted to me by @Sharad9Dubey
5/n
Arnold's Encyclopedia of Modern Bodybuilding
This is a colossal book (Arnold is too, so the book lives up to that) - it talks about posing, nutrition, exercise, techniques, etc.
For any1 wanting to get motivated in fitness, this is the book! (Watch Pumping Iron movie too)
6/n
You Are What You Eat: The Plan That Will Change Your Life By Gillian McKeith
It features real-life diet makeovers and case studies, easy to use lists and charts, and beautiful photos. It encourages you to eat more nutrient-dense and flavorful whole foods.
An OK read
7/n
Jaya Mahabharata by Devdutt Patnaik
The epic tale of the Kurukshetra War and the spiritual lessons learned from it.
The main takeaway for me - The greatest battle isn't with others, it is with yourself. And if you win this battle, that is the greatest victory :)
8/n
Intelligent Fanatics of India by Rohith Potti and Pooja Bhula
The book covers some top-quality entrepreneurs and their businesses from India (Aravind eye care, Furtados, and many more). Stories of perseverance, uncommon common sense, and true grit in the face of odds.
9/n
Late Parag Parikh Sir's Timeless Book (Memoir)
This e-book chronicles his journey as a student, as a fund manager, and as a family person. The book also shows his articles from 1-2 decades back which shows his clarity of thought!
A spiritual book that speaks about the four basic wheels of life - Balancing personal life, maintaining relationships, regulating work life, and managing social contributions.
Written in a cool way, a good weekend read.
11/n
Stocks to Riches by Late Parag Parikh Sir
This is the first book one should read as a beginner to the stock markets/Investing World. Simple, easy-to-understand language, which imparts sound thinking on the behavior and philosophy of investing in the stock market.
12/n
Charlie Munger: The Complete Investor
The book tells us more about Charlie Munger and his investment philosophy. It stresses the importance to have a good understanding of various disciplines like psychology, strategy, finance economics, etc.
This amazing book covers in detail the businesses that were wealth creators such as Southwest, National Cash Register, Marks & Spencer, FedMart, Price Club, Nucor and many more.
14/n
The Unusual Billionaires by Saurabh Mukherjea
The amazing stories of Asian Paints, HDFC Bank, Marico, Axis Bank, Hindustan Unilever, and Berger Paints - unusual Companies, built by Unusual Billionaires.
Many unknown facts also covered inside the book!
A must read!
15/n
Financial Shenanigans book (3rd Edition) by @HowardSchilit & Jeremy Perler.
An amazing read on how to find out if the mgmt is cheating in any way.
I am Sharing one image from the book that shows the famous frauds and how one could identify them!
16/n
The Little Book That Beats the Market Book by Joel Greenblatt
A short read that uses humor and real-life examples to show how investors can outperform the popular market averages by a system of applying a formula that seeks out good businesses at bargain prices.
17/n
Bad Blood: Secrets and Lies in a Silicon Valley Startup by @JohnCarreyrou
A thrilling read on the rise and fall of Theranos! The kind of frauds that they were doing will really surprise you!
The unbelievable stories of our armed forces will give you goosebumps!
19/n
The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company (Robert Iger)
Describes the author's elevation to fame and corporate achievements in his life + the many acquisitions and milestones by Disney.
Good read on the creative industry!
20/n
The 22 Immutable Laws of Marketing Book by Al Ries and Jack Trout
Two of the world's most successful marketing strategists, call upon over 40 years of marketing expertise to identify the definitive rules that govern the world of marketing.
The CEO Factory: Management Lessons from Hindustan Unilever by @SudhirSitapati
We know about the Paypal Mafia, but we something similar at HUL. It is estimated that 400+ HUL alumni are CEOs/CXOs across corporate India - The book tells many stories of why that is!
22/n
The Go-Giver: A Little Story About a Powerful Business Idea by @BobBurg and @JohnDavidMann
This book teaches the readers that if you want something, then, first of all, you must start giving. A book to change your thinking!
The Tatas: How a Family Built a Business and a Nation by @girishkuber
It is more than just a history of the Tatas; it is an inspiring account of India in the making. Shows each generation of the Tatas and narrates some amazing stories!
The book tells you why you need to plan for retirement even if you are 25 years away from retirement, the options available, and how to make retirement a time it is truly meant to be a time for rest.
25/n
Chanakya in You by Radhakrishnan Pillai
It is a fictional story of a person whose life changed completely by “Kautilya Arthshastra”. Also talks about its application in the smallest to the biggest challenges we face in our lives.
26/n
Coffee Can Investing: The Low-Risk Road to Stupendous Wealth by Saurabh Mukherjea
Talks about the Coffee can approach of investing
27/n
The Richest Man in Babylon by George S. Clason
A 1926 book that dispenses financial advice through a collection of parables set 4,000 years ago in ancient Babylon.
Found it to be an OK read
28/n
Investing Through A Crisis: A Handbook From Marcellus Investment Managers
Talks about the market gyrations and how investors can tide over them if they bet on quality companies that have sustainable moats and avenues to redeploy profits at high ROCE
29/n
Bajaj Finance - 8 years of Bajaj Finance concalls and everything about them (numbers, interviews, events, milestones) since incorporation
It was a book in itself as it helped me learn everything about the NBFC / Consumer durable sector
Kotak Mahindra Bank - 10 Years of concalls and Annual reports since inception + 39 quarters of management commentaries on the bank and financial services
Making money is important but preserving it is more important!
In 1999, Cuban and his partner Todd Wagner sold Broadcast.com to Yahoo for $5.7 billion. Cuban received 14.6 million shares of Yahoo. With Yahoo shares trading at $95, he became a billionaire overnight.
Cuban wasn’t alone. The internet bubble made many ppl rich. But after the bubble popped in March 2000, most of them lost their fortunes. Cuban, on the other hand, actually got to keep his money. Because he had the foresight to execute a shrewd option trade to protect the wealth.
Cuban had a feeling that Yahoo stock was funny money. Yet, as part of his deal with Yahoo, he wasn’t permitted to sell his shares immediately.
So he entered a massive options trade to protect his $1.4 billion stake.
In the early 1930s, selling cars to rich zamindars in southern Tamil Nadu wasn't easy. They preferred horse-drawn carts. T.V. Sundaram Iyengar & Sons, or TVS & Sons, which had bagged a General Motors dealership, decided to drive its message home quite literally
A Chevrolet car, complete with chauffeur, would be sent to a zamindar's house, with a request that he use the car for a week. Over the next seven days, the family would often get used to the comfort and status the car gave them, and end up buying one.
TVS, established in Madurai in 1911, did not cater only to the rich. Indeed, its first business, started in 1912, was a rural transport service. TVS went the extra mile to ensure buses ran on time.
So Reliance Retail is in the news as it is being touted to be in the race to acquire Future Group assets to become a bigger Indian Retailer (It is already a behemoth).
According to Trak.in , "All the control from Future retail basket, including FBB, Big Bazaar, Food Hall and Central, along with Future Lifestyle Ltd, and Future Supply Chain Solutions will be handed over to Reliance. These three entities will be merged into one.
Speaking of Biyani, he will be leftover with control of Future Group’s FMCG business and some other smaller group companies."
RELIANCE IND has a Board meeting on April 30th to discuss Q4FY20 Results, Dividend, and a Proposal of a rights issue
The last rights shares that RIL issued was in 1991 in ratio of 1:20
So here's a small thread on RIL, Dhirubhai Ambani, Mukesh Ambani, and a few amazing facts
#1 This is the first public raise the company is doing after 1991 or after 29 years. (No Splits in its history)
The company does have a history of Bonus shares. (attached)
Before jumping onto 2nd fact, we see that unlike other behemoths, Reliance Industries doesn't do concalls and management interviews. Now some ppl would argue that that's bad, but I think that's quite professional. They focus on business and not interviews!