What is that one book you think every investor must read?

#investing #books
These are some of my favourites..

technofunda.co/books

I even like Rich Dad Poor Dad

And Richest Man in Babylon
To learn more on Compounding and Investing...

TechnoFunda.co/live

Telegram channel:
TechnoFunda.co/telegram

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More from @MashraniVivek

22 May
📈

If you are making these mistakes your financial health could be in trouble...

Make sure you note and implement these

15 secrets that nobody will tell you...

Let's get started..

(1/n) Image
1 >> NOT INVESTING

Warren Buffett - “If you don't find a way to make money while you sleep, you will work until you die.”

To win the game, you need to be in the GAME..

So keep investing...

(2/n)
2 >> Ignorance of Financial Goals

Ignorance is Bliss but not in financial matters. You need to set SMART goals
S – Specific
M – Measurable
A – Achievable
R – Realistic
T - Timely

Make sure you have your goals in place

(3/n)
Read 17 tweets
16 May
🚀🚀

What do great companies do special that they keep compounding for long time?

How can we learn from these businesses and BE BEST Version and create personal monopoly for SUCCESS?

I have taken 12 such POWERFUL PRINCIPLES which we can apply..

(1/n)

vivekmashrani.com/how-to-be-best…
#1 - Vision

Great businesses have one common ingredient, they have great vision for itself..

In Life, we need to set vision for ourselves..

Have goals...affirmations

(2/n)
#2 FOCUS

Most of these great businesses are known for ONE THING

Same way we need to bring super focus in our life

Have discussed many such ways in the podcast above..

What next? Is this sufficient?

(3/n)
Read 12 tweets
29 Apr
💡

I have a confession to make to all of you..

When I started, I ventured into Intraday and F&O.

In Oct 2008, I even blew off my capital..

Later, I tried various strategies in investing and again lost 60-70% of my capital..

But that was the best thing that happened...

(1/n)
I have made so many mistakes in my journey...but...

Thankfully, it was relatively low capital at that time.

After being in the industry for more than 13 years, making many mistakes and continuously improving by learning from others

and..

(2/n)
By doing MBA in capital markets & being CFA Charter-holder, now I realise that...

I have at least learnt what not to do.

As Charlie Munger says "Invert, Always Invert". If you want to be successful, you need to know how people fail and never do that.

Here is compilation

(3/n)
Read 14 tweets
16 Apr
💡

Investors just talk about high PE stocks being expensive..

But here are 10 SECRETES THAT NOBODY WILL TELL YOU....

On HOW EVEN LOW PE Stocks can also be EXPENSIVE..

Detailed thread you don't want to miss..

Let's first understand what is PE??

(1/n)
💡

P/E is just a multiple...a simple ratio...where numerator is price and denominator is earnings

It could be price per share / EPS or

Market cap / net income

Why it is important...? It's good and easy way to understand how much price we pay for each rupee of earning

(2/n)
Now let's come to SECRET NO. 1

When people look at PE....they generally focus on numerator and forget mostly about denominator...that's THE PROBLEM

So, company have historical good earnings can have low price if future growth is missing...and people think it is CHEAP

(3/n)
Read 14 tweets
20 Jan
15 lies that the world feeds every investor...!!

A detailed thread...

#investing
Lie 1:
Stock market is gamble

Earning Hard way is the only way for common man..

It is only for smart people who can take risks
Lie 2:
If you want to do long term Investing, you should know it all

You should know all the sectors, need lot of time...

You need to attend AGMs, concalls and read a lot..
Read 17 tweets
1 Nov 20
💥

Some unbelievable memories of Market fall n rise during Covid captured in pictures..

LIFETIME LEARNINGS

Do share if you have any..

How fast times change...

1. Brent spiked >40% in a day..

(1/n)

#investing
2. Gasoline...scary ride..

Who said being a good trader is easy?

@Amit_Gulecha @asitbaran

(2/n)
3. This was bloodbath in Indian Banking sector...

Who said value investing is easy? How many value investors could buy here

@suru27 @Longterm_wealth

(3/n)
Read 9 tweets

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