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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Professor Bruce C.N Greenwald: A guru to Wall Street’s Gurus
Professor Bruce C.N Greenwald holds the Robert Helibrunn Professorship of Finance and Asset Management at Columbia Business School and is the academic Director of the Heilbrunn Center for Graham & Dodd Investing. Described by the New York Times as ” A guru to Wall Street’s gurus”. Greenwald is an authority on value investing with additional expertise in productivity and the economics of information.
Greenwald has been recognized for his outstanding teaching abilities.He has been the recipient of numerous awards,including the Columbia University Presidential Teaching Award which honors the best of Columbia’s teachers for maintaining the University’s longstanding reputation for educational excellence.His classes are consistently oversubscribed , with more than 650 students taking his courses every year in subjects such as Value Investing, Economics of Strategic Behavior, Globalization of Markets, and Strategic Management of Media.
Greenwald is a senior adviser to the First Eagle Investment Management Global Value team,having initially joined First Eagle Investment Management as a consultant in September 2007. Bruce received his BS in Engineering from MIT and holds an MS and MPA from Princeton University.He also earned his PhD from MIT.
He delivered lecture on ” Value Investing & Modern Portfolio Theory” at International Post Keynesian Conference. Kindly access to the below links for full lecture :
Lecture on Value Investing
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
1997 paper from Michael Mauboussin: “Thoughts on Valuation ( KN )
Reflections On Piramal Enterprises ( SW )
HIBBETT SPORTS: A Bricks & MortarWinner In Retail ( PC )
15 interviews to read this summer ( GS )
The Buffett/Munger Investment Checklist ( HC )
Real estate investing in India ( ET )
JSPL defaults ( FE )
Take a break from the Stock Markets ( BB )
2 metrics that identify market beating stocks (MC)
“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