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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
The Rise Of An Investing Legend: Karl Mikael Syding
Mikael managed the long/short equity fund at Futuris/Brummer from 2000 to 2015 as one of three senior partners, serving as portfolio manager and managing director.
The fund received numerous awards, including several for being best directional hedge fund over ten years, and not least, European Long short equity fund of the year in 2008 – a year, if you recall, where investors globally took a beating. The fund then went on to win the European Hedge Fund of the Decade 2000 to 2009.
Recently he was interviewed at capitalistexploits.at . These are the key questions of his interview:
- Why the most successful sell side brokers are also dishonest.
- Why being uncomfortable is what every investor should strive for,plus some simple exercises you can use to train your own mindset to do this in everyday life.
- Why the best performing European hedge fund for a decade couldn’t raise a single penny from fund managers.
- What DeepMind’s AlphaGo means for portfolio Management.
Kindly access to the below links for detailed conversation :
In conversation with Karl Mikael
B. Entrepreneurial Diary
( “Business means solution of a particular problem and Creating value for customer as well as value for company ” – Paramjeet Redu )
C. Other Stories
Patrick Industries (PATK): The Best Performing Stock Since 2009 ( MC )
Wal-Mart Stock In Focus: Struggles & Prospects ( Sure Dividend )
Inside The Mind Of Rick Rieder, BlackRock’s $1.2 Trillion Bond Guy ( Forbes )
Understanding the Pawn Broking Industry :ValueMax Case Study ( VE )
Interview with Warren Buffett’s Investment Manager ( BI )
Mrinal Singh interview ( HBL )
How to manage a fund manager change ( Mint )
Takeaways from Motilal Oswal Rural India Conference ( MOS )
The Harshad Mehta case: Where time has overtaken justice by a mile ( ET )
The Volkswagen Settlement : How bad management leads to big punishment ( NY )
Bill Gates on his friendship with Warren Buffett: 25 Years of Learning and Laughter ( GF )
“I read everything: annual reports, 10k’s, 10q’s, biographies, histories, five newspapers a day. On airplanes, I read the instructions on the backs of seats. Reading is key. Reading has made me rich over time” – Warren Buffett
“I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you” – Charlie Munger
You have to apply yourself each day to becoming a little better. By applying yourself to the task of becoming a little better each and every day over a period of time, you will become a lot better”- Carol Dweck