www.mfp.co.in

The Infant Learner

Some stuff I read this week:

A. Market Research

MFP Market Report Card (MFP)
What Kind of Bear Market Is This? (ML)
The Reasonable Formation of Unreasonable Things (CF)

B. Entrepreneurial Diary

Building Sixth Street (AW)
The Path Is The Goal (SK)
The Calm Before the Credit Storm (AQ)
The AI World Order, and India’s place in it (LM)
Pre-Prompt Protocol – Talk before you start the work (CE)
Surviving AI Price Wars Without Destroying Your Business (AZ)
How Some People Still Leave a Mark When Life Keeps Hitting Them (CE)

C. Lifestyle Creep: A Silent Financial Trap

Lifestyle Creep (ML)
Lifestyle Creep isn’t About Spending More (MM)
How Much Lifestyle Creep is Okay?(DD1) (DD2)
Acceptable Types of Lifestyle Creep (MS)
Rule for Avoiding Lifestyle Creep: Don’t Live Beyond Your Assets (MK)

D. Personal Finance

Your 12 Good Years (DH)
Falling For Narratives (II)
The Upper Middle Class Trap (DD)
The Basics of Building Wealth (WW)
What Do You Believe About Investing? (BI)
Personal Finance Advice That Changed My Life (VT)
The Business of Life is the Acquisition of Memories (CS)
Is It Time to Rethink SIPs—or Rethink Our Patience? (SK) (DSP)
What Do the Best Investors Do That the Rest Don’t? (VI)
New Income Tax Act 2025: What Changed for You from April 2026? (BN)

E. Other Articles

Cash is King (RT)
Tops and Bottoms (CS)
Defending Your Convictions (MC)
A Promise Lost in Fine Print (FL)
Competitive Advantage Period (MS)
The Next 4 AI Bottlenecks (MS)
Deciphering Price-Earning (PE) Multiple as a Valuation Tool (SA)
Why Value Investing Works (And Why It Has to Stop Working First) (SN)
GIFT City, Explained: What We’ve Learned Running a Fund There (DB)
The Dinner That Changed Everything: The Night Charlie Munger Told Li Lu the Truth (LL1) (LL2)

“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett

“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger

You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”-  Carol Dweck