TerenceSaysSo Profile picture
Retail investor, wrestling nerd and learning every day | 𝐌𝐌 | Small Better| 💯 Will do book and podcast reviews from time to time.
Feb 19, 2023 8 tweets 2 min read
I read "The Microcap Investor" by Richard Imperiale for a refresher course in stock selection and to widen my methodology. Here are some of my takeaways from the book. Introduction:

Microcap stocks are often overlooked by investors but can present unique opportunities for those willing to do their research. These are companies with a market capitalization of less than $500 million.
Sep 25, 2022 13 tweets 4 min read
I finished "Nothing but Net" by @markmahaney last week. He has been analysing internet stocks for the last 20 years and gave some insights on how to view them.

This is my summary of some key points from the book that will help you in your investing journey Image 1) To be successful at investment, you need to be both an economist for macro stuff and a psychologist to understand the human psyche.
Jul 3, 2022 8 tweets 3 min read
I finally read "Just Keep Buying" by Nick Maggiulli @dollarsanddata, which changed my outlook on investing and finances.

Here are some powerful takeaways for myself from the book.

#investing #finances #retirementplanning 1) Key to saving more is to increase your income.

Your expenditure does not ⬆️ in line with your ⬆️in income.

The amount you can consume is limited while the income you can create is unlimited.

The gap between them is your increased savings
Apr 17, 2022 11 tweets 5 min read
I read "Accounting for Growth" by Terry Smith and came away impressed by his clarity on accounting issues. Even though this book was written 30 years ago, the contents are still relevant today.

Here are my notes from the book so you can decide whether it is for you. 1/Accounting standards are not able to keep up with creative accounting. The pic shows how some companies have cooked their books. Some of them are laughable like runways having a useful life of 100 years but others tragic like Enron's SPVs escaping detection.