Compounding Quality Profile picture
Oct 30, 2024 26 tweets 6 min read Read on X
The best 25 non-fiction books ever

A thread full of wisdom

1. The Psychology of Money by Morgan Housel Image
2. Rework by Jason Fried and David Heinemeier Image
3. Think Again by Adam Grant Image
4. Deep Work by Cal Newport Image
5. Getting Things Done by David Allen Image
6. Extreme Ownership by Jocko Willink and Leif Babin Image
7. Sapiens by Yuval Noah Harari Image
8. Thinking, Fast and Slow by Daniel Kahneman Image
9. The Almanack of Naval Ravikant by Eric Jorgenson Image
10. One Up on Wall Street by Peter Lynch Image
11. Same As Ever by Morgan Housel Image
12. Think Like A Monk by Jay Shetty Image
13. The Essays of Warren Buffett by Lawrence Cunningham Image
14. Atomic Habits by James Clear Image
15. Rich Dad, Poor Dad by Robert Kiyosaki Image
16. Think and Grow Rich by Napoleon Hill Image
17. Steal Like An Artist by Austin Kleon Image
18. Eat That Frog by Brian Tracy Image
19. The War of Art by Steven Pressfield Image
20. Essentialism by Greg McKeown Image
21. Hyperfocus by Chris Bailey Image
22. 12 Rules for Life by Jordan B. Peterson Image
23. Antifragile by Nassim Nicholas Taleb Image
24. Influence by Robert B. Cialdini Image
25. The 7 Habits of Highly Effective People by Steven R. Covey Image
That's it for today.

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More from @QCompounding

Nov 22
John Templeton is one of the best investors ever.

His fund averaged an annualized return of over 15% (!) for almost 50 years.

Here are his top 15 quotes: Image
1. This time it's not different at all

“The four most expensive word in the English language are 'This time it's different.” Image
2. The Paradox of Growth

“Self-improvement comes mainly from trying to help others.”
Read 17 tweets
Nov 21
My 10 Favorite Investing Quotes ever:

1. The first $100k: Image
2. Your best investment: Image
3. Individual stocks: Image
Read 11 tweets
Nov 19
Warren Buffett once said

"Go where competition is weak."

Let’s look at the most powerful duopolies in the world: Image
1️⃣ Payment Networks: Visa ($V) & Mastercard ($MA)

Together, they process more than 90% of all global card transactions.

Every time you swipe, tap, or buy online, one of them takes a small cut.

Their networks are impossible to replicate. Image
2️⃣ Credit Ratings: S&P Global ($SPGI) & Moody’s ($MCO)

Governments, banks, and companies all need credit ratings to borrow money.
These two firms dominate that world. They control roughly 80%+ of the market.

Their ratings influence the cost of debt worldwide. Image
Read 14 tweets
Nov 15
He was as smart as Buffett.

He was as skilled as Munger.

But he disappeared from history.

This is the forgotten story of Rick Guerin: Image
1. Rick Guerin was Buffett & Munger’s third partner in the 1970s.

Together, they took control of Blue Chip Stamps: an early “loyalty points” business.

They then used the company’s float (cash held between issuing & redeeming stamps) to buy See’s Candies in 1972 for $25M Image
2. Rick wasn’t just a sidekick.

His investment fund, Pacific Partners, delivered an incredible 32.9% annual return (1965–1983).

That’s a 22,200% total return!

He worked on legendary deals like See’s Candies and Blue Chip alongside Buffett & Munger. Image
Read 10 tweets
Nov 9
15 Stocks to Own for the Next 2 decades:

1. Rollins Image
2. Apple Image
3. LVMH Image
Read 16 tweets
Nov 8
The best Personal Finance book I've ever read?

The Millionaire Next Door

Here are 7 critical lessons you should know: Image
1. Live below your means Image
2. Invest a significant portion of your income Image
Read 9 tweets

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