Sapiens: A Brief History of Humankind by Yuval Noah Harari
Sapiens is the best book of the last decade I have read. He had decades to write Sapiens. There are lots of great ideas in there and itโs just full of them, chock-full per page @naval
A great book by Randall Munroe. In this book, he explains complicated concepts, all the way from climate change to physical systems to submarines while using the thousand common words in the English language
Six Easy Pieces: Essentials of Physics Explained by Its Most Brilliant Teacher by Richard Feynman
I would give my kids a copy of Richard Feynmanโs Six Easy Pieces and Six Not-So-Easy Pieces: Einsteinโs Relativity, Symmetry, and SpaceTime. @naval
This is a great book I really like that summarizes some of the larger themes of history; itโs very incisive. And unlike most history books, itโs actually really small, and it covers a lot of ground @naval
I open this one all the time. I love on the back cover how it has this great little pitch that says, โThe only book used in both grade school and graduate school.โ Itโs true @naval
Thread ๐งถ on Investment/trading mistake and way to overcome it
You lost money in Trading or Investment
Here how can you overcome from it
Potential Reason :
What the reason of failure ๐
What fault in system ๐ป
Traded by stock tips ๐ก
Not put stoploss ๐ด
Emotional trade ๐
Loss-covering trade ๐ค
Not manage risk-management ๐ฒ
Outsized capital allocation ๐ฆ
Enter after run-up too much (FOMO)
Holding stock even after hit stoploss Buy from wrong entry zone โ
Many more still would be
If you have any problem just solve out that like do invert always if you still holding stock after stoploss hit, square off position after hit,
Do proper risk management
Do follow trading system
Never rely on other's system
Only trade if it is fit on your system
ROCE :
Return on capital employed means how much company making profit of employed capital (Equity + debt), Just on safer side, It should be above 12-15% , If company consistently earning higher ROCE means company making higher profit from Invested capital and If debt.
Debt to Equity :
Debt to Equity ratio quantify that how much debt company have in comparison to equity, For example company have 100 Rs Equity and 100 Rs. Debt then ratio is 1, and ideal ratio should be 1 (There is many if and but