Below is a link to the transcript of a presentation I gave on inflation and interest rates and their impact on intrinsic value. The Forgotten Fundamental
Thoughts on Intrinsic Value
Below is a link to the transcript of a presentation I gave on intrinsic value. Thoughts on Intrinsic Value
It’s the same lesson again…
I'll keep this short. In fact, very short. I may sound like a broken record or even suffer from the "man with a hammer syndrome" but, from my perspective, the start to the year has been a lesson in valuation - plain and simple.
Top 10 mistakes in a DCF
In November, we wrote a post on the biggest mistake in a Discounted Cash Flow (“DCF”) model. There are, of course, a number of other mistakes (albeit smaller in comparison) that can creep into a DCF. And surprisingly, you would find these mistakes being committed by amateurs and professionals alike. Yes, even investment bankers and equity … Continue reading Top 10 mistakes in a DCF
How I learned the craft of valuation and ended up assisting Prof. Aswath Damodaran
In 2007, I graduated from college without having a clue as to what I wanted to do with my life. So I just followed what others were doing and enrolled in the Chartered Accountancy (CA) program. The Indian CA program is rigorous not just because of its tough exam structure, but also because you have … Continue reading How I learned the craft of valuation and ended up assisting Prof. Aswath Damodaran
Why you should never lose (a lot of) money
Very early in my investing career, I came across a link on a website which read: "Want to know Warren Buffett's rules of investing? Click Here" I clicked and this is what I got: Rule No. 1: Never lose money; and Rule No. 2: Never forget Rule No. 1 Needless to say, I felt disappointed. … Continue reading Why you should never lose (a lot of) money
An email exchange with a friend on building wealth!
Below is the edited text of an email conversation I had with a friend about building wealth. It goes without saying that there is a lot more to investing but I feel this will give a broad idea of the magic of compounding to those who are starting out. You can also have a look at … Continue reading An email exchange with a friend on building wealth!
What Monopoly can teach us about real estate investments
A few months back, we had a get together of a few cousins after many years. Reminiscing about our younger days, we had the great idea of playing Monopoly as a way to recapture our childhood. While playing the game, it struck me how Monopoly had some profound lessons on prudence for real estate investors. Before … Continue reading What Monopoly can teach us about real estate investments