www.mfp.co.in

The Infant Learner

Some stuff I read this week:

A. Market Research

MFP Market Report Card (MFP)
View on Indian markets (PT)
Factor Investor Report – September 2025 (FI)
2000 years of Indian Economic History…in 20 tweets (AR)

B. Entrepreneurial Diary

Life is All About Trade Offs (II)
The Great Private Equity Ruse (LT)
Hetty Green: The Witch of Wall Street (FS)
Sam Altman on Sora, Energy, and Building an AI Empire (AZ)
Trade war explained: The rare earth metals China dominates and US needs (SN)

C. Why Base Rate Matters

Why Base Rate Matters (VR)
The Benefits of Base Rates (MM)
Most Investments are Actually Bad. Here’s Why. (LN)

D. Personal Finance

Risk Tolerance vs. Risk Capacity (ML)
Don’t Dunk On Financial Sobriety (TS)
Is Gold a Good Investment? (EI) (BI) (ML)
Post Office MIS + RD Returns: Can You Really Earn 8.8%? (BN)
New EPF Withdrawal Rules 2025: Major Changes with Examples (BN) (AD)

E. Other Articles

Stocks Go Down Too (CS)
How To Sell a Winner (BC)
Perception of Speed and Time (DA)
Managing Concentration Risk (HD)
Trustworthy AI for Equity Research (CE)
Psychology of Human Misjudgement (CW)
20 Timeless Lessons for Young and Old Investors (SN)
Charlie Munger: If You’re Older Than 60 Years Old Do This (CM)
The Off-Balance Sheet Liability: Why Integrity Is An Important Investment Filter (FS)

“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