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Understanding business of any kind requires understanding its financials which requires understanding accounting basics. In this series of blogs focused on accounting basics, we will try to understand accounting principles required to decode financials of a business. In the previous blogs we understood the basics of income statement and from… Continue reading
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We study the 13F filings regulated by SEC to document the portfolio of superinvestors. This is not a buy, sell or hold recommendation of any form, our goal is to educate you about how these grandmasters of investing are operating in real time and what kind of bets are they… Continue reading
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Author: Gautam Baid The Joys of Compounding by Gautam Baid is a comprehensive stock market education guide for anyone who’s starting to learn about investments as well as for anyone who has been investing for a while. Gautam Baid skillfully articulates the lifelong learning required for investing as well as… Continue reading
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Analysis Date: June, 2023 For the analysis of any business, I use the framework described by Warren Buffett in 2007 letter to shareholders. Warren Buffett looks for four parameters particularly: a) Understandable business economics b) Long-term growth prospects c) Able and trustworthy management d) A sensible price tag. Business Economics… Continue reading
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Warren Buffett and Charlie Munger have been asked on several occasions about using leverage i.e. borrowed money to trade securities. In the 2009 Berkshire Hathaway Annual meeting, Warren Buffett said, “You can’t let somebody else get you in a position where you have to sell out your position. Leverage is… Continue reading
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Understanding business of any kind requires understanding its financials which requires understanding accounting basics. In this series of blogs focused on accounting basics, we will try to understand accounting principles required to decode financials of a business. In the previous blogs we understood the basics of income statement and from… Continue reading
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We study the 13F filings regulated by SEC to document the portfolio of superinvestors. This is not a buy, sell or hold recommendation of any form, our goal is to educate you about how these grandmasters of investing are operating in real time and what kind of bets are they… Continue reading
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Author: Gautam Baid The Joys of Compounding by Gautam Baid is a comprehensive stock market education guide for anyone who’s starting to learn about investments as well as for anyone who has been investing for a while. Gautam Baid skillfully articulates the lifelong learning required for investing as well as… Continue reading
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Analysis Date: November, 2023 For the analysis of any business, I use the framework described by Warren Buffett in 2007 letter to shareholders. Warren Buffett looks for four parameters particularly: a) Understandable business economics b) Long-term growth prospects c) Able and trustworthy management d) A sensible price tag. Business Economics… Continue reading
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Charlie Munger, whom Warren Buffett honored as the architect of Berkshire Hathaway in his 2024 annual letter to shareholders has been asked, in one form or another, at various instances about how to be successful. Charlie Munger has shared multiple personality traits and characteristics necessary to be successful and one… Continue reading