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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Value Investor: Paresh Thakker
Mr.Paresh is the Founder and Managing Partner of ValueQuest Capital LLP. ValueQuest Capital is a boutique investment management firm specializing in identifying listed businesses with strong competitive advantage (“Moats”) run by able and honest managers.
Paresh has over 21 years of experience in investment management and has been involved in many transactions both in private equity and public equities including majority interest transactions and minority interest transactions.
Prior to ValueQuest, Paresh was the Head of Religare Global Asset Management (a multi boutique asset management firm with AUM of $ 19.6 billion). Paresh was also co-founder of Evolvence India Platform, an India-Focused hybrid private equity firm which raised and deployed over USD 300 million.
He is a qualified CFA (AIMR, USA), Chartered Accountant (India), Cost Accountant (India), Company Secretary (India) and Bachelor of Commerce from Mumbai University.
Recently he delivered lecture on value Investing concepts and importance of long term thinking at St Xavier’s College. Kindly access to the below link for detailed presentation:
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
How Much To Trust? ( IJ )
Multiple Points of View ( CF )
Book Review: Power Questions ( MC )
The Psychology of IPO investing ( MS )
Notes from Howard Marks’ Lecture ( SN )
Berkshire Hathaway Annual Letter : 2017 ( BH )
Charlie Munger’s Most Important Concept ( SC )
Visa: One of the Best Business Models Ever ( LW )
The Fervent Loyalty Of A Costco (Cost) Member ( SB )
How To Build Wealth Copying Value Stock Pickers ( CB )
“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