The quote 'Studying for a greater cause' is brought into play here.

Hello,

Sharing about one Good Initiative

Academia_thriftnate is a book shop on Instagram affiliated with Cholo Paltai NGO. @cholopaltai2 has led many drives for stationery, food, Yaas relief etc.
The Calcutta Anti-covid belt emerged from them and now they are helping to rebuild Sunderban. But the funds collected aren't sufficient so they started a page where you can sell, buy or donate books and 75% of the profit goes to Cholo Paltai donation fund.
This initiative has many positive collateral impacts like waste reduction, saving trees etc. So would be grateful for your help. Even following the page or liking the posts will help them to reach many more people who NEED help and who CAN help.
So visit on insta @academia_thriftnate and give them the long-awaited helping-hand
I am not associated with them but very happy to help them to spread the message

• • •

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More from @InvestmentBook1

4 Aug
What you should avoid in Investing

👇👇👇

→Fragility
→Status duo
→Cyclicality
→Complexity
→Win-lose situation
→Over quantification
→Misaligned incentives
→The high correlation in positions
→Underestimation of expense
→Failure to think probabilistically
→A conviction based on a narrow outcome
→This time is different: a new new thing
→Closet indexing: Curated museum v/s warehouse
→Serial acquisitions/ dilutions and low tax
→Failure to distinguish between good businesses and good investments, the role of embedded expectations

→Avoidance of decision fatigue by the concentration of positions

→ Heavy involvement of government in regulation and ecosystem
Read 6 tweets
26 Jul
Thread on Investing Insights and Learning from @safiranand

👇👇👇
Opportunity cost

“In economics, one of the first lessons He learned was that capital is limited and has alternative uses, including satisfaction of consumption. You can do your best to find a good use for its growth.
As long as the search for yields and risk minimization is in balance, you can do well,”
Read 12 tweets
26 Jul
Prime Day Sale: Top books deal (the best deals ever)

👇👇👇

Capital Returns: Investing Through the Capital Cycle ( Hardcover)

The usual price is 650 around
Current Price: 466

The best book and what a deal 🤩

amzn.to/2UEWSjH
How I almost blew it (Hardcover)

In the book, Sidharth Rao narrates the tales of the start-up industry titans.

The usual price is 500 around
Current Price: 256

amzn.to/3BHNbS8
Azim Premji: The Man Beyond the Billions

biography of the icon, shows how Premji is a philanthropist at heart and a businessman by choice -

The usual price is 550 around
Current Price: 390

amzn.to/3zObjAT
Read 16 tweets
25 Jul
Two Best Books recommended by @soic

1. Modern Monopolies

Book tells the definitive story of what has changed and what that means for businesses today and how managers, entrepreneurs, and business owners can adapt and thrive in this new era.

geni.us/7owUPYy
2. Investing – The Last Liberal Art

The only way to understand investing better, [Investing] shows, is to understand the world better. Ideas spark off the page at every turn. This is simply a gem of a book.

- James Surowiecki,

geni.us/rm6T
This thread by SOIC is inspired by "Investing- The Last Liberal Art" book

Read 4 tweets
23 Jul
Thread of Best Shareholder Letters to Read (A Free Treasure trove for Every Investor)

Retweet the thread if you love it
1. Warren Buffett – Berkshire Hathaway
Annual meeting transcripts starting from 1994.

2. Charlie Munger annual letters from Blue Chip Stamps, Wesco, and Daily Journal

3. Jamie Dimon – JPMorgan Chase
4. Prem Watsa – Fairfax Financial

5. Jeff Bezos - Amazon

6. Markel

7. Benjamin Graham Letter

All above 7 Letter's link: austinvaluecapital.com/resources.html
Read 23 tweets
21 Jun
Let's visit some great books recommdations from the best people
1. Mental Models, Long term Investing and Scuttlebutt

@ms89_meet

amazon.in/shop/investmen…
2. Pure Long term Investing, Be business owner not Investors

@VJ_Rabindranath

amazon.in/shop/investmen…
Read 10 tweets

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