Value Investing

While reading Charlie Munger: The Complete Investor, I got to know about Benjamin Graham. He is widely known as the “father of value investing.” The crux of value investing (excerpts from the book) : Determining the appropriate intrinsic value of a business. Determining the appropriate margin of safety. Determining the scope of an investor’s circle …

On Management

These are some key insights Charlie Munger looks in an organization to acquire or invest. (excerpts from the book, Charlie Munger: The Complete Investor) : Capital allocation Compensation systems that create alignment with shareholders. Moat-widening skills. Management in place with high integrity. Brilliant and exceptional managers. Remember that reputation and integrity are your most valuable …

The Seven Sins of Memory

Psychology professor Daniel Schacter, proposes in The Seven Sins of Memory. Our memory weakens and we lose memory over time. We are preoccupied with distracting issues and don’t focus attention on what we need to remember. We search for information that we may be desperately trying to retrieve – something we know that we know …