www.mfp.co.in

The Infant Learner

Some stuff I read this week:

A. Market Research

MFP Market Report Card (MFP)
NSE Indices Comparison (RR)
2023: It’s a Relative World (DSP)

B. Entrepreneurial Diary

Justifying Optimism (CF)
Angels at Agility Ventures (FB)
The Remarkable Story of Gautam Adani (BS)
The Economics of IKEA: Why Does Labor Lead to Love? (IK)
The Valuations Conundrum and Hullabaloo Around Mamaearth (FB)

C. The Reading Obsession

What it’s like working for Warren Buffett (CN)
Warren Buffett’s money managers: Todd Combs and Ted Weschler (YH)
The Reading Obsession (NK)
Buffett’s Bathtub Memory (SW)
Warren Buffett: The Investor’s Investor (IT)

D. Personal Finance

Saving Rate vs. Portfolio Returns (NM)
The Art and Science of Spending Money (MH)
The Reality of Mumbai Realty (MC)
How Similar Are Target Maturity Funds to Term Deposits (LM)
The Perils of Guaranteed Return Insurance Plans (LM)

E. Other Articles

Market Corrections (PK)
Dear Investor — Stay Still! (FS)
Thoughts On Investing (GS)
Valuation Framework (LS)
10 Common Stock Investing Mistakes To Avoid (BM)
Learn From All Your Investing Mistakes (MS)
Portrait of a Disciplined Investor (SH)
A Stock is Not an Index (DD)
Do Great Companies Make Great Investments (ET)
The Law of the farm- Investors often take the wrong lesson from it (SM)
Terry Smith’s Annual Letter (FS)
It’s Time for a National Success Fund (DP)

“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