Phenomenal compilation of summaries of🔟important Business/Finance/Investing books. h/t @EdelweissFin 👏
An excellent weekend read.👍

cc: @dmuthuk @Gautam__Baid @saxena_puru

edelweissmf.com/Files/Insigths…
Snapshots of the Key Takeaways of the books discussed.

1⃣ "A Piece of the Action" is an excellent book to understand the Finance Industry evolution in the US.

2⃣ The obvious classic "The Intelligent Investor".
3⃣ Ray Dalio's "Principles"

4⃣ Howard Marks' "The Most Important Thing"
5⃣ "Thinking Fast and Slow" is a good book on Behavioral Finance.

6⃣ Another obvious classic "One Up on Wall Street"

7⃣ "The Little Book of Behavioral Investing" is another good behavioral finance book.
8⃣ "The Black Swan" by Taleb. A very important book about unpredictability and cautioning against over-relying on Models/predictions.

9⃣ "The Millionaire Next Door". I haven't read it, but hear it's a good personal Finance book.

🔟"Nudge" about improving decision making.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Ram Bhupatiraju

Ram Bhupatiraju Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @RamBhupatiraju

31 Jan
🔟Investing Philosophies I greatly admire. Learning from the best Investing Teams out there (that match your Philosophy/Strategy) and improving your own process is one of the best investing hacks. What are some others that you admire?

🔟of my principles at the end.
⬇️⬇️
1⃣ Buffett : Gotta start with the🐐

businessinsider.com/warren-buffett… Image
Read 19 tweets
29 Jan
Excellent review of a very important book "7 Powers" by Hamilton Helmer. It digs deep into Competitive strategies of Companies that end up creating Moats and long-term shareholder value.👍

chrisstoneman.medium.com/notes-on-7-pow…
Main pts (Benefits & Barriers) for the 7 Powers.
1⃣ Scale Economies
2⃣ Network Economies
3⃣ Counter Positioning
4⃣ Switching Costs
5⃣ Branding
6⃣ Cornered Resource
7⃣ Process Power
If you're a long-term investor in individual Businesses, having deeper insights into the below are important.

✔️Relationship between the Business & their Customers
✔️How that translates to Economic value for the Business
✔️How the Co is beating Competition
Read 5 tweets
28 Jan
Now might be a good time to read Robert Shiller's "Irrational Exuberance".🧐

cc: @Gautam__Baid @saxena_puru @dmuthuk

✔️Natural Ponzi processes
✔️This time is different
✔️Compounding biases
✔️Herds and epidemics
✔️Rationalizing Irrational exuberance

minervareview.com/irrational-exu…
My fav parts.

1⃣
2⃣
Read 5 tweets
27 Jan
"Poor Charlie’s Almanack" about Charlie Munger is a phenomenal book that should be read by all investors at least once. Excellent summary of that book by @allenxcheng👏

cc: @dmuthuk @Gautam__Baid

Thread below with my fav content.

allencheng.com/poor-charlies-…
Topics in the article ⬇️
Key points ⬇️
Read 8 tweets
23 Jan
Remembering the great Prof. Clayton Christensen (today is his 1st death anniversary). 🙏🙏

Great collection of his knowledge to cherish in this link.

cc: @7Innovator @Gautam__Baid @saxena_puru @FromValue @richard_chu97 @BrianFeroldi @dhaval_kotecha

hbr.org/2020/01/the-es…
1⃣ Disruptive Technologies: Catching the Wave

hbr.org/1995/01/disrup…
2⃣ Meeting the Challenge of Disruptive Change

hbr.org/2000/03/meetin…
Read 10 tweets
22 Jan
Thank you @DavidGFool🃏 @TMFRuleBreakers @themotleyfool for relentlessly educating, entertaining and empowering the individual investor.👏

My illustration for David's beautifully crafted - Six traits of a Rule Breaker
✔️Company
✔️Investor
✔️Portfolio.
Podcast 🎙️ links to those 3 episodes. 👇

The 6 Traits of a Rule Breaker Company ⬇️

fool.com/investing/2017…
The 6 Traits of a Rule Breaker Investor ⬇️

fool.com/investing/2018…
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!