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

Oct 17
Charlie Munger said success demands worldly wisdom, not memorized facts

Build a latticework of mental models from many fields

Here are his core models: Image
1. Multiple Models

Relying on one discipline warps reality.

Munger urges you to gather models from math, physics, engineering, biology, psychology, and economics. Image
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You must master basic probability.

It’s not natural thinking.

Without it, you're like “a one-legged man in an ass-kicking contest.” Image
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Oct 15
The best one-liners in investing come from Charlie Munger

His lesser-known insights are just as powerful

Here are the 15 best Munger quotes you’ve never heard: Image
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"Intelligent people make decisions based on opportunity costs." Image
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Oct 15
Think profits tell the full story? Think again.

Free Cash Flow to Firm shows the real cash a business has to grow, invest, and reward investors.

It’s the heartbeat of a company’s true financial power: Image
Introduction Image
1) What is FCFF? Image
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Oct 15
Howard Marks is one of my favorite investors

I read all his memos (1,600 pages).

You can steal my 10 key lessons for free: Image
1. Look at the valuation

A good company can be a bad investment if you overpay.

And also: a less attractive company can be a great investment if you buy it at a low price.
2. Don't be a sheep

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Do your own homework and think as an owner.
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Oct 13
Here are the 30 best investors of all time.

And one quote from each investor:

1. Stan Druckenmiller

“I like putting all my eggs in one basket and then watching the basket very carefully.” Image
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“Those who can not adjust to change will be swept aside by it. Those who recognize change and react accordingly will benefit.” Image
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Read 31 tweets
Oct 12
15 Investing visuals to learn by heart

These are timeless lessons you should memorize:

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3. Rates of return Image
Read 16 tweets

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