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Nomad fund letters – Nicholas Sleep
I first learned about the Nomad Fund letters through Richer, Wiser, Happier by William Green. Nick Sleep and Qais Zakaria have proven to be outstanding role models, and their approach to investing captured my interest. If I were to write annual reports to shareholders, I would aspire for them to be as engaging and insightful
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The Sleuth Investor – Avner Mandelman
The Sleuth Investor: Uncover the Best Stocks Before They Make Their Move, written by Avner Mandelman, offers a radically different approach to investing, emphasizing the importance of finding information that other investors don’t have.Mandelman challenges conventional wisdom by asserting that investing isn’t purely about numbers and math. He outright rejects the efficient market theory, stating
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100 Baggers – Christopher Mayer
100 Baggers: Stocks that Return 100-to-1 and How to Find Them studies businesses that achieved 100x returns over time. The author admits to a blind spot in his research—he doesn’t analyze companies that failed to reach this milestone. The goal isn’t strictly scientific but is intended to highlight patterns among these successful businesses and provide
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The Essays of Warren Buffett – Lawrence A. Cunningham
The Essays of Warren Buffett: Lessons for Corporate America is a collection of excerpts from Berkshire Hathaway’s annual reports. I was delighted to stumble upon it, as I had planned to read Berkshire’s annual reports myself. The book synthesizes and organizes decades of reports into a more digestible format. Summarizing it concisely will be quite
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One Up On Wall Street – Peter Lynch
One Up On Wall Street: How To Use What You Already Know To Make Money In The Market by Peter Lynch serves as a near step-by-step tutorial on how to invest. It teaches readers how to identify promising stocks and how to conduct thorough research on them. The author uses illustrations and real-life examples to
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The Little Book That Builds Wealth – Pat Dorsey
The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments by Pat Dorsey is all about moats.Big idea: A company with a sustainable competitive advantage has an “economic moat.” Moats help companies fend off competition, stay profitable, and reward shareholders over time.Goal: Become an expert in recognizing moats.Types of moats: Four primary
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Richer, Wiser, Happier – William Green
Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life was written by William Green. He is a journalist, fascinated by great investors. He distills principles and advice from several renowned figures in the investment world. It’s a valuable resource for exploring philosophies that align with or complement Buffett’s approach. This book
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The Tao of Charlie Munger – David Clark
The Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit of Wealth With Commentary by David Clark is a collection of Charlie Munger’s aphorisms, filled with well-articulated common sense. Here are the key takeaways: Bonus: Career Advice Circle of Competence Expanding It Patience Investing Business
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The Tao of Warren Buffett – David Clark
The Tao of Warren Buffett: Warren Buffett’s Words of Wisdom by David Clark is a collection of Warren Buffett’s aphorisms, aimed at uncovering and organizing the nuggets of wisdom he offers. Here are the key takeaways: Investing “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.”Compounding is severely affected when
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