The everyday investor Phil Town published a sequel to Rule #1 for how normal average folks can invest in the stock market and stand to make a reasonable return, 15% per year. In a difficult endeavor like investing, developing a deeper and more diverse perspective, in order to master both the art and science of […]
Payback time by Phil Town Read More »
I rarely see books that break down step by step how to calculate an approximate intrinsic value of a company. Rule #1 by Phil Town does exactly that, for profitable companies at least. By only looking for companies that have grown 5 qualities at least 10% per year for the last 10 years, that ends
The author Chris Mayer started Woodlock house family capital, and wrote his thoughts on how to find 100 baggers in a twist to the original 100 baggers, 100 to 1 in the stock market by Thomas Phelps. With his experience in corporate lending and banking, backing his investing knowledge, we don’t need to find exactly
100 baggers by Christopher Mayer Read More »
Imagine if you could somehow find stocks to buy that would 100x your money. Sounds unlikely, but possible. Even if this is somewhat idealistic, taking a long-term approach and finding companies that will be around generations later is a good mindset and strategy to have in investing. Chapter 1 – ask and it shall be
100 to 1 in the stock market; Thomas Phelps Read More »
The author Joel Greenblatt returned an astounding 40% per year compounded during a 20-year period from 1985-2005, the greatest publicly recorded return for a large fund. If I could get even half of that over a 20-year period, that would be golden. Consequently, let’s study one of the books he published that you can be
You can be a stock market genius Joel Greenblatt Read More »
When your own actual skin is involved in a situation, you are more likely to care, particularly if you directly suffer the negative consequences of your actions. This could explain why today’s world reeks with so much corruption and the fall of character, as the consequences are not felt by the person committing those actions.
Skin in the game Nassim Taleb Read More »
Nassim Taleb has coined the phrase black swan which has become a term used in culture to describe negative unforeseen situations arising with dire impact. One recent one was COVID-19, where the effects led to the whole world being in some form of shutdown for nearly 3 years, and completely disrupting lives, jobs, businesses, and
The black swan – Nassim Nicholas Taleb Read More »
When we are young is it crucial to receive wisdom from wise counsel. Having a mentor around helps a lot too, someone in real life that can provide definitive examples of how to behave and how not to. Many of us though, may not have that luxury. Finding those that are wise and are already
Getting There by Gillian Segal Read More »
Thinking, fast and slow has long been lauded as a book to improve one’s psychological state and emotional discipline towards becoming a better person, better decision maker, and better investor. Many readers of psychology frequently list it as a top 5 book in psychology to read. Written by Nobel Prize winner Daniel Kahneman, he emphasizes
Thinking, fast and slow by Daniel Kahneman Read More »
Imagine if you were able to set your life up to work only 4 hours per week. Just do some maintenance work to make sure everything is working, and then get on with your life. Is this even possible? Apparently, it is, in the fast-paced information age where exponential leverage can exist if one knows
The 4-hour workweek Read More »