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The above quote was said by Howard Marks (co-founder and co-chairman of Oaktree Capital Management) .They basically invest in debt securities .His firm is based in USA.
He have written two books on investing
1. The most important thing.
2. Mastering the market cycle.
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.Do read his memos.
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Check out the blog about similar topic here
www.stockblogs.in
#stockmarket #indiagrowthstory
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The blog is based on the concept of Circle of competence . This concept is one of the most important for investing .As it help one to pick stocks only when he can get extraordinary profits. This are spots in which one have a huge advantage over other competitors.
http://www.stockblogs.in/2020/08/circle-of-competence.html
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The blog is based on the concept Power of compounding .
Everyone knows the Albert Einstein quote "Compounding is the eight wonder of the world".
But do you know about Benjamin Franklin real story of Compounding?
If not go to the link in the description and read it for yourself.
There are other examples as well as tools described in the blog to take advantage of compounding. http://www.stockblogs.in/2020/08/power-of-compounding.html
#stockmarket #stockblogs
#dalalstreet #warrenbuffett #charliemunger #benjaminfranklin #compoundinterest #investingindia #indiagrowthstory #investmentideas #investment #story #powerofcompounding
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5 Types of businesses which can become a multibagger-Mohnish pabrai
The blog is based on the lecture given by Mohnish Pabrai
http://sahilsthought.blogspot.com/2020/07/5-types-of-businesses-which-can-become.html
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Nesco ltd a company listed on Indian stock market . Which can be a easy multibagger in coming years . Read the entire blog on=
http://sahilsthought.blogspot.com/2020/07/nesco-exhibition-and-realty-company.html




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