Irv72 Posted August 24 Posted August 24 (edited) If we're talking about changing investor mindsets, watch this gem: Modern-Day Asset Management Business w/ Anthony Deden. (Cliffnotes here.) Worth watching more than once. Buffett-Munger-level stuff. Edited August 24 by Irv72
Spekulatius Posted August 25 Posted August 25 (edited) 23 hours ago, Irv72 said: If we're talking about changing investor mindsets, watch this gem: Modern-Day Asset Management Business w/ Anthony Deden. (Cliffnotes here.) Worth watching more than once. Buffett-Munger-level stuff. The cliffsnote link above has some very concise writing, although I don’t see a connection to modern day asset management. Too bad he stopped posting in his blog it seems. Edited August 25 by Spekulatius
Munger_Disciple Posted August 25 Posted August 25 (edited) For me, the top 3 are: 1. Buffett's shareholder letters 2. Anything Charlie (Munger) wrote or said. Of course Poor Charlie's Almanack is a good starting point. 3. Business biographies While not in the top 3, I thoroughly enjoyed Luca Dellanna's Ergodicity very much: https://www.amazon.com/Ergodicity-Definition-Examples-Implications-Possible/dp/B09PHBV2HD A good addition to Annie Duke's Thinking in Bets, another excellent work. Edited August 25 by Munger_Disciple
coffeecaninvestor Posted August 26 Posted August 26 6 hours ago, Munger_Disciple said: 2. Anything Charlie (Munger) wrote or said. Of course Poor Charlie's Almanack is a good starting point. I read Poor Charlie’s almanack for the first time after he passed.. which made me sad he had passed, and because I didn’t read it earlier in life. I think it might have changed things for me. Looking back I was right to question my professors and what they were teaching. But I didn’t put things together quite like Charlie. Then again I am no genius. Great book though. I plan to to re-read it every year.
Munger_Disciple Posted August 26 Posted August 26 (edited) 2 hours ago, coffeecaninvestor said: I read Poor Charlie’s almanack for the first time after he passed.. which made me sad he had passed, and because I didn’t read it earlier in life. I think it might have changed things for me. Looking back I was right to question my professors and what they were teaching. But I didn’t put things together quite like Charlie. Then again I am no genius. Great book though. I plan to to re-read it every year. Charlie changed my life. I had the good fortune to meet him in an intimate setting a couple of times & I will cherish those moments all my life. I miss Charlie dearly but the good thing is that he left a lot behind for us. There is so much wisdom in his teachings that reading and re-reading every year is a terrific habit. You are on the right path. Edited August 26 by Munger_Disciple
Charlie Posted August 26 Posted August 26 5 hours ago, Munger_Disciple said: Charlie changed my life. I had the good fortune to meet him in an intimate setting a couple of times & I will cherish those moments all my life. I miss Charlie dearly but the good thing is that he left a lot behind for us. There is so much wisdom in his teachings that reading and re-reading every year is a terrific habit. You are on the right path. + 1 For me, the top 3 are: 1. Buffett´s shareholder letters 2. Anything Buffett or Munger wrote or said. 3. This: https://buffett.cnbc.com/annual-meetings/
Libs Posted August 27 Posted August 27 On 8/24/2024 at 8:42 AM, Irv72 said: If we're talking about changing investor mindsets, watch this gem: Modern-Day Asset Management Business w/ Anthony Deden. (Cliffnotes here.) Worth watching more than once. Buffett-Munger-level stuff. Phenomenal. Thanks.
schin Posted September 30 Author Posted September 30 On 8/23/2024 at 12:18 AM, schin said: @Jaygo @Parsad I bite the bullet and got Cash Flow Quadrant. I hope it changes my life! @Jaygo @Parsad - I finished reading the CF Quadrant book. As you both mentioned, there's some wordiness and it could have been summarized/consolidated a bit more... but, the concepts are definitely relevant and a novel framework that is thought-provoking. Definitely worth the read.
Jaygo Posted September 30 Posted September 30 2 hours ago, schin said: @Jaygo @Parsad - I finished reading the CF Quadrant book. As you both mentioned, there's some wordiness and it could have been summarized/consolidated a bit more... but, the concepts are definitely relevant and a novel framework that is thought-provoking. Definitely worth the read. Glad you found value in the book. I always consider it as a good foundation especially for younger readers. Before you start reading Buffett and Greenblatt on up why not just get a feel for what the world of money is. Figure out where you stand, figure out where you want to be then get to work!
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