akhil kumar

[akhil kumar @aks2087]

@nimitmehra Brilliant 😂😂

[akhil kumar @aks2087]

@VishalBhargava5 Any architectural principles or practices from rest of the world which do not work in India

[akhil kumar @aks2087]

@paraschopra Great insights, Paras. May I ask if there is a repository of all books recommended by you in the past?

[akhil kumar @aks2087]

@ActusDei @thefynprint Fynprint

[akhil kumar @aks2087]

@NIKHILLJHA Any views on Kotak?

[akhil kumar @aks2087]

@kmr_dilip Boxing - 3 sessions a week; supported by 3 sessions a week of strength training.

[akhil kumar @aks2087]

@WeekendInvestng Another perspective

[Christopher Bloomstran @ChrisBloomstran]

In one of the most flagrant cherry-picking of cherry-pickingest knocks on Berkshire, @LynAldenContact, who does good work, picks the MOMENT Berkshire traded at its HIGHEST price relative to value in June 1998 to conclude gold matched BRK over an unusual 27-year period. Clever! In no other time series beyond random intervals in the last 18 months when both gold and Berkshire alternated reaching new highs has this been the case. At $80,900 per A share in June 1998, Berkshire traded at 3x book value, when its stock portfolio was 115% of book and the portfolio itself was extremely overvalued. Coca-Cola was nearly 50x earnings and ~40% of the portfolio. Berkshire at a fundamental peak, it’s stock portfolio at a peak, and Warren Buffett buys GenRe using Berkshire’s shares as currency, de-risking Berkshire and the stock portfolio, diluting its shares by 18% but with GenRe bringing 45% of the assets, mostly fixed income securities to the party. The deal, in part, is why over all but the one moment selected by Lyn has Berkshire crushed gold over any other time series inside of the last 27 years. Beyond 27 years it’s a slaughterhouse.

It sounds like Lyn holds her father in higher regard as a value investor than Mr. Buffett because he bought her some gold which happened to match Berkshire, but only from the minute of Berkshire’s all-time fundamental peak, which at that moment a value investor would have known Berkshire was uninvestable. Had Pops, who I’m sure was a terrific father, waited two years and instead bought Berkshire for his progeny at $43,700 in 2000 when we bought it, she’d have more than double the net worth. I like gold. I like Berkshire. But cherry pickers? Perhaps stick to your knitting.

[akhil kumar @aks2087]

@AlexAndBooks_ LIST

[akhil kumar @aks2087]

@devinamehra Congratulations Ma'am. I was looking to get the Kindle version but figured it is yet to be released (coming out on Feb 13). Any ideas why?

[akhil kumar @aks2087]

@theakashhour So the take home salary of someone with an annual income of 12.75 lakhs is more than a guy earning 13 lakhs annually?

[Richa Singh @richasngh316]

Received this awful Pizza from @dominos tonight... Huge disappointment.

[akhil kumar @aks2087]

@dollarsanddata What's the difference between TWRR and IRR/XIRR

[akhil kumar @aks2087]

@Nikhilp14 Awesome!!

[akhil kumar @aks2087]

@CalmInvestor @deepakshenoy The classical Sharpe vs Sortino ratio debate!

[akhil kumar @aks2087]

@sovereigneur @readwiseio save thread

[akhil kumar @aks2087]

@david_perell @readwiseio save thread

[akhil kumar @aks2087]

@david_perell @readwiseio save thread

[akhil kumar @aks2087]

@behaviorhack @readwiseio save thread

[akhil kumar @aks2087]

@adititaswala92 @readwiseio save thread

[akhil kumar @aks2087]

@shreyas @readwiseio save thread