Thread by @10kdiver

My friend @Gautam__Baid (and author of the excellent book, The Joys of Compounding) is launching a new Chapter.

It's called "Qualitative Investing And Fund Management".

Through this, Gautam wants to educate folks about important investing concepts.

A short thread: 👇👇👇

So, what's a "Chapter"?

It's a 4-week online course.

Once you enroll, you're given a curated set of resources that'll help you learn the basics of a subject over 4 weeks.

These resources are usually available for free online -- articles, blog posts, YouTube videos, etc.

Plus, you get access to an instructor (here, Gautam Baid). He shares his insights with you, you get to ask him questions, etc. -- through an online forum.

And you can also use this forum to interact with fellow course takers.

This particular Chapter starts tomorrow (Mon, Feb 7).

In many ways, it builds on Gautam's first Chapter (Fundamental Investing Principles), which I wrote about here:

https://twitter.com/10kdiver/status/1475622201478942721

This new Chapter has 2 parts.

Part 1 (the first 3 weeks) covers some important investing concepts: how to identify high quality companies, the pitfalls of valuing companies solely based on P/E Ratios, etc.

And Part 2 (the 4'th week) focuses on "fund management".

If you want to start your own fund to manage other peoples' money, what kind of investor base should you seek to attract? How should you come up with a fair fee structure? Etc.

My personal experience:

I enrolled in a past offering of this Chapter.

I found the "curriculum" well-selected -- full of high quality ideas.

And although the main materials are available for free online, I may not have found many of them if not for this Chapter.

Gautam is charging $40 for the Chapter.

If you like Gautam, if you found his first Chapter useful, and you have some time to spare over the next 4 weeks, please consider enrolling:

getchapter.app/gautam/qualita…

Note:

Gautam is NOT paying me to say this, or anything like that!

I like Gautam. Through his book and some long conversations we've had, he's taught me many things.

I just want to help him if I can.

Have a great weekend, folks!