Latticework Of Mental Mode

Charlie Munger- a billionaire himself and partner of Warren Buffet, coined this phrase- the latticework of mental model. Bill Gates considers him “The broadest thinker I have ever encountered.” Warren Buffett once said, “Charlie can analyse and evaluate any kind of deal faster and more accurately than any man alive. He sees any valid weakness…

Forecasting- Is it worth?

Jim Rogers, a legendary investor, was invited on Bloomberg TV to talk about the current economic environment in the world. [Jim Rogers cofounded and managed Quantum Fund with George Soros before starting on his own as Rogers Holdings and Beeland Interests, Inc ] During this interview, Jim said, there is 100% chances that the US will…

Should you buy TESLA because you like Elon Musk?

Recently, I attended a session on value investing at a London Value Investing meetup where we discussed various value investing ideas. During the talk, the discussion came on TESLA Motors and Elon Musk. Few participants were of the opinion that TESLA is an excellent investing opportunity not necessarily because of it’s fundamental value but because…

100 to 1 In The Stock Market- Book Review

To make money in the stock market, you must have “the vision to see them, a courage to buy them and the patience to hold them. Patience is rarest of the three. The author Thomas Phelps was a private investor, columnist and financial advisor. His illustrious career began just before stock market crash of 1929…