My financial narrative-
1) No crypto.
2) No trading.
3) Zero investment in new age businesses.
4) 96-97% investment in equities. Most generating cash-flows and paying dividends.
5) Dividend income is more than annual expenses.
6) Zero debt.
Compounding with no stress.🙏🙏
With a recession looming, it's more important than ever to know and understand your numbers.
The 8 finance threads every business owner should bookmark:
Charlie Munger is one of the smartest and most successful investors in the world.
He's helped grow Berkshire Hathaway by 2,000,000% and says every wise person he knows reads a ton.
Here are 20 books he recommends reading:
In my 57 years, I've learned something about life. If you take some hard steps and sacrifice & suffer a bit in the short term, you can lay the groundwork for a great long term future. Or you can be lazy and take what appears to be the easy road now and suffer forever.
Lot of queries on how to get Research Reports
Join these two telegram channels to get all the reports
1. Equity by Research : https://t.co/9Z3CtqGFAG
2. Equity Insights : https://t.co/pefS5pbnCe
Note: Use these reports only for personal purposes
Janhit me jaari:)
How do we find the most undervalued stocks from Nifty 50? We don’t need to spend lot of time with screener to get the undervalued stocks. Let me explain a easier way. 1/7
When were most of the NASDAQ ETF’s launched in India. Right at the peak.
Mutual fund sales team will launch whatever sells fastest, not what will make money for investors
Zero Investments in Crypto
No Idea of NFT
Missed Every IPO - Not comfy with Issue Price
No F&O
No Intraday
Zero Debt
No Credit Card
Comfortable Creating Huge Wealth Holding Businesses I Understand. Pleasure of Missing Out.
How Old School Am I? ❤️
#FI
If you are an Investor, Avoid Stuffing your Mind with Daily News. Useless. More the News, More You will Feel Like Churning. It's Psychology.
Instead Focus on Annual Reports, Conference Calls & Macro Articles. That will Help !!!
#FI
Every day, @dailystoic sends an email with a life lesson rooted in the teachings of Stoicism.
I've read every one for 4 years straight (700,000+ words of wisdom).
Here are 11 Stoic lessons that will change your life:
Naval Ravikant is one of the most respected investors of our time.
He credits reading 1-2 hours per day as the main reason he's been so successful.
Here are 20 books @naval recommends reading:
Just finished reading “A Wealth of Common Sense” by Ben Carlson.
I am wondering why I missed earlier this gem work on investing. A must read for everyone.