Samvit Patel

An average 20 year old. I write articles on investing and more! check it out👇

[Samvit Patel @patel_samvit]

This quote from Buffet on Munger as a friend is pure gold.

[Andrew Freedman, CFA 🦅 @HedgeyeComm]

Now it’s really over…

[Samvit Patel @patel_samvit]

https://t.co/JOaOicAJWY

Summary of a beautiful white paper by @NZSCapital @bjohns3 @jbathgate @bradsling

[Samvit Patel @patel_samvit]

Hi @EmporTop, could you please add PDS ltd to https://t.co/rPs77v9fpX? Thanks!

[Samvit Patel @patel_samvit]

Hi @EmporTop, could you please add Car Trade to https://t.co/rPs77v9fpX? Thanks!

[Samvit Patel @patel_samvit]

My thoughts after reading @awilkinson's book Never Enough:
https://t.co/59xBUtDcTz

[Samvit Patel @patel_samvit]

But in investing, you have these situations where the country bumpkin does very well and the hedge fund manager blows up at the exact same time. And that's a very unique thing." - @morganhousel in his recent interview. (credit to @AryaMaroo for sending)

[Samvit Patel @patel_samvit]

""There's no world in which an amateur can outperform a Harvard-trained cardiologist at open-heart surgery. That world will never exist. You have to be a technical expert to do it.

[Samvit Patel @patel_samvit]

whether it be others or oneself." - The Art of Living by Epictetus

[Samvit Patel @patel_samvit]

"Small minded people habitually reproach others for their own misfortunes. Average people reproach themselves. Those who are dedicated to a life of wisdom understand that the impulse to blame something or someone is foolishness, that there is nothing to be gained in blaming ...

[Samvit Patel @patel_samvit]

Notes and highlights of @mjmauboussin paper 'Public to private migration'
https://t.co/1DZdNm48OX

[Samvit Patel @patel_samvit]

...as owners except the opportunity to spend a lot more money in a business that’s still going to be lousy. The money still won’t come to you. All of the advantages from great improvements are going to flow through to the customers.” —Charlie Munger

[Samvit Patel @patel_samvit]

“The great lesson in microeconomics is to discriminate between when technology is going to help you and when it’s going to kill you. And most people do not get this straight in their heads…. There are all kinds of wonderful new inventions that give you nothing....

[Samvit Patel @patel_samvit]

Highlights from @david_perell's podcast with @mjmauboussin
https://t.co/WMlIktEXxC

[Samvit Patel @patel_samvit]

@MalharManek Michael Mauboussin calls this the Babe Ruth effect, a wonderful concept. There is an interesting stat where Soros made money on only 30% or less of his trades (can't find the source), but he is still a billionaire.

[Samvit Patel @patel_samvit]

New post out on the Base Rate Books by @mjmauboussin :

https://t.co/CU73vmjiTU

Please do share feedback!

[Samvit Patel @patel_samvit]

Thought it would be cool to generate a transcript from @AcquiredFM conversation with Michael Mauboussin. (highlighted transcript)

https://t.co/1bc10UMCcV

[Samvit Patel @patel_samvit]

In contrast, the best long-term performers in any probabilistic filed—such as investing, sports-team management, and pari mutual betting—all emphasize process over outcomes" - @mjmauboussin

[Samvit Patel @patel_samvit]

"But investor often make the critical mistake of assuming that good outcomes are the result of a good process and that bad outcomes imply a bad process.

[Samvit Patel @patel_samvit]

"In skiing and life in general, it is not the best ones who succeed. It is the best ones of those who survive." - @DellAnnaLuca Ergodicity.

[Market Sentiment @mkt_sentiment]

Buying and holding the index is the bare minimum.

I wrote a 9,000-word guide on how long-term investors can generate alpha.

It covers factor investing, family-owned stocks, power of brands, Lindy effect, and much more.

Repost or Comment "Alpha" and I will DM you a free copy!