Intrinsic Compounding
Intrinsic Compounding

@soicfinance

16 Tweets 121 reads May 08, 2022
A thread on Top 12 Books ๐Ÿ“–that an investor can read and Why these books are more value adding compared to the time spent:-
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Masterclass with Super-investors by Vishal Mittal and Saurabh Basrar.
Why this book? Take a look inside the philosophy of Indian investors and how one can create wealth in Indian markets using different approaches.
Second Book recommendation is:- One Upon the Wall street by Peter Lynch
Why this book?
Remains easy to read and one of the best books for a beginner. Makes process of investing fun!
Know what you own, different types of stocks and stocks follow 3 things are key learnings
Third Book:- The Book of Value by Anurag Sharma
Why this book?
Simple reason, intrinsic value is a moving target. Its never precise, this book killed my notion of precision in valuation with epic case studies
Fourth Book:- Unusual Billionaires by Saurabh Mukherjee
Why this book?
I am a sucker for Indian case studies given the dearth of investing literature in Indian context. This book does an epic job providing the same in a simple format. One of the epic books in Indian context
Fifth Book:- The Little Book that Builds Wealth by Pat Dorsey!
Why this book?
This book taught me what Warren Buffett wrote in his letters about competitive advantage in a concise and concrete way with multiple mental models around Moat and what makes a business special.
Sixth Book:- Romancing the Balance Sheet by Anil Lamba!
Why this book?
I internalised how a Balance sheet works post reading this book. Since, I had an idea on how Income statement and CFS works. Co-relating the 3 became a walk in the park post this book
Seventh Book:- Of Long Term Value by Bharat Shah
Why this book?
Don't have 3 hours to explain. Just read it. Epic, beyond Epic for the Indian investors.
Eighth Book:- Joys of Compounding by @Gautam__Baid
Why Read this book?
Amalgamation of multiple great blogs and books I have read over the years. Truly incorporates the concept of:- If I have seen further, it is by standing on the shoulders of giants.
Ninth Book:- Interpretation of Financial Statements by Mary Buffett
Why read this book?
This book helped me immensely with basic Financial ratios, which were too confusing in the beginning
Tenth Book:- The Five Rules for Successful Stock Investing by Pat Dorsey!
Why read this?
Think about different industries as different creatures with different capabilities and features. This book will give you a broad picture of thinking about what really works in sectors
Eleventh Book:- How to make Money in the Stock Markets by William O'neil!
Why read this book?
Mix the Fundamental approach with technicals and ride the winners using this book and what the author teaches. A different perspective for solid learning!
Twelfth Book:- Capital Returns by Edward Chancellor
Why read this book?
I will give you an example. I have at least in 6 different stocks, seen the capital cycle playing out and thus avoided major losses+Booked at the right time. Recent example:-
Some books for Personal Finance:-
1. Psychology of Money by @morganhousel
2. Money wise by @deepakshenoy
3. Let's Talk Money by @monikahalan ma'am
4. Richest Man in Babylon
5. Rich Dad and Poor Dad
3 Evergreen reads:-
1. Poor Charlie's Almanack.
2. Value investing and behavioural finance by Parag Parikh sir.
3. Little book of Behavioural investing.
Once you are done and really want to be a business analyst. You can always watch 100+ videos we have made on Youtube :) These are live case studies on Indian businesses!
Link to our channel:-
youtube.com

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