Readings Digest 06.10.2017: Think Long Term

Weekly Chart: Invest for the long run“As we invest for longer and longer, the mass of probability smears upwards: our upside odds improve.”

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The Irrelevant Investor: New Highs Should Be Bought, Not Sold:

Consider new stock market highs not as

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10 commandments of financial modelling

By Nick Colas formerly of Convergex via Barry Ritholz

Commandment #1: Know your purpose.

The lesson: The reason to do a financial model – one that forecasts future income statements, balance sheets and cash flows – is not just to figure out if the company in question will beat or miss the next quarter. Rather, it is to understand a company’s entire business model. Where does it

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Recovering the joy of reading for fun

This past month or so, I have spent some time reflecting on reading as I read, among others, How to Read a book by Mortimer J. Adler and Charles Van Doren and The Pleasures of Reading in an Age of Distraction by Alan Jacobs. These are two books I consider excellent in helping on develop the art of reading. My heart has been jolted by

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