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The Infant Learner
Some stuff I read this week:
A. This week’s Special:-
Intelligent Fanatic : Sabu Jacob
Mr.Sabu runs one the most profitable infant garment manufacturing companies in the world called Kitex Garments which sells garments to giants like Carter’s, Gerber, ToysRUs, Wal-Mart, Jockey,Mother Care, and The Children’s Place.
He has been Managing Director of Kitex Garments Ltd. since August 16, 2006 and has been its Chief Financial Officer since January 25, 2016. Mr. Jacob serves as the Chairman of Kitex Garments Ltd. He has 25 years experience and previously served as an Executive Director of Kitex Ltd. He holds B.A. Economics degree. He belongs to a family of entrepreneurs who have promoted many industrial units for producing textiles, garment, vessels, spices, umbrellas, school bags etc.
From 25-09-2012 to 02-02-2017 his company has compounded the money for his shareholders at 57.42% compared to Nifty which compounded only at 10.4%.
Kitex was selected for the “Best under A Billion” Award by the Editors of Forbes Media LLC for 2015 from the 200-odd companies in the Asia Pacific region. Also, Mr. Jacob was among the 19 entrepreneurs selected for the EY Entrepreneur of the Year Award 2015. In January 2016, Kitex was presented the “JOCKEY Debra S Waller Award for Great Partnership 2015”.
Recently he was interviewed at Seasonal Magazine. Kindly access to the below link for detailed interview :-
Link 1 :- The Importance of Unconventionality ( MF )
Link 2 :- Interview with Sabu M Jacob, Chairman ( SM )
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
Mistakes of Omission ( VI )
7 Deadly Sins of Investing…..!!! ( TT )
The Illusion of Stock-Picking Skill ( BW )
6 Smart Tips For Micro-Cap Investors ( MS )
Want Superior Returns Become A Stoic ( AD )
Everyone Poops and has Customer Churn ( IQ )
Everything I Learned Investing While Crying ( LI )
Marcus Aurelius on Business, Investing, and Modern Life ( RW )
Munger Worldly Wisdom: Building a Trillion Dollar Business ( CS )
“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