The book is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds
the book explores the basic principles of successful stock market investing and then reveals the author’s time-tested formula that makes buying above average companies at below-average prices automatic
The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett’s spectacular success.
This book provides expert, example-driven guidance on the crash-beating capital cycle approach to investing, successfully deployed by Marathon Asset Management over the past two decades.
6. Value Investing: From Graham to Buffett and Beyond
The foundation of this book is the course on value investing that Bruce Greenwald taught at Columbia Business School for almost a quarter-century
The steps include searching for the right securities,
valuing them appropriately, honing a research strategy to devote time to the right activities, and wrapping it all within a risk management practice that protects the investor from permanent loss of capital.
7. The Value Investors: Lessons from the World's Top Fund Managers
In an attempt to understand exactly what kind of temperament Buffett was talking about,
Ronald W. Chan interviewed 12 value-investing legends from around the world, learning how their personal background, culture, and life experiences have shaped their investment mindset and strategy.
Rule of 72 (Double Your Money)
Rule of 114 (Triple)
Rule of 144 (Quadruple)
Rule of 70 (Inflation)
4% Withdrawal Rule
100 - Minus Age Rule
10, 5, 3 Rule
50-30-20 Rule
3X Emergency Rule
40℅ EMI Rule
Life Insurance Rule
♻ Rule of 72
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs
At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs
📋Rule of 114
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.
For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years
Our money worries usually center around finding the best return on investment. But there is a lot more to financial fitness than just investments. We need a system and not a single-shot solution.
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 it’s just full of them, chock-full per page @naval