What I Read This Week (25.08.19)

Stick to your investment process even in the hard times

The value investing strategy is having a hard time and here to defend it is Clifford Asness of AQR capital 

A huge part of our job is building a great investment process that will make money over the long term, but a fair amount of our job is sticking to it like grim death during the tougher times…value alone lost because a lot of expensive stocks actually turned out to be worth it.

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What I Read This Week (11.08.19)

Examples of Advantage Flywheels

archetypes

“Competitive advantage can be represented visually as 1 or more feedback loops. These create the advantage “flywheel” that maintain and grow a moat over time. Think of a big, heavy wheel that takes some effort to get started but then coasts off its own momentum. [Above] are 6 simple examples of common advantages represented as flywheels”

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What I Read This Week (04.08.19)

It is wiser to just stick to index fund if youre an individual investor

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Most people, including me, would be better off if we gave up on being smart and stuck with a simple approach: long-term holdings of diversified, low-cost index funds, using only money we can afford to tie up for years.

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What I Read This Week (28.07.19)

Overcoming challenges as a black founder to create Calendly, a profitable, fast-growing start-up

Eventually, I ran out of money and started to seek VC funding. I had a working product, and customers using it, and everyone said no. Meanwhile, I watched other people who fit a different “profile” get money thrown at them for shitty ideas…The only thing I could attribute it to was that I was black…The whole experience made me hate raising money. But it forced me to become resourceful, scrappy, and maniacally focused. I learned how to stretch each dollar. Today, I’m very grateful. The business is approaching $30 million in recurring revenue, and growing more than 100 percent year-over-year. It’s been profitable since 2016. And I’m the majority owner.< Calendly founder Tope Awotona>

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Readings Digest 7.12.17: I Bought Some Bitcoin

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Bitcoin price has skyrocketed this year

I finally did buy me some Bitcoin! Not a lot but just enough to get me a piece of the Bitmania. I just opened an account at Blockchain.com and after a few easy steps, the account was up and running. I bought 0.002 Bitcoin. Who knew, you do not have to purchase a full bitcoin but a fraction of it?

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Readings Digest 17.11.17: Communicate Clearly

Chart : 

 

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Men vs Women: Women tend to take less risk when investing

Reflection: 

The inspiration for this week’s reflection is Tom brakke’s book Letters to a young analyst. It contains many nuggets of wisdom for the aspiring investment professional. Tom writes a series of letters to a young professional (Tim), one of which is on learning to communicate clearly.

“Too often, those who analyze investments are unable to communicate their ideas very well.” The ability to communicate clearly and succinctly is essential in Continue reading “Readings Digest 17.11.17: Communicate Clearly”