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The Infant Learner

Some stuff I read this week:

A.  This week’s Special:- 

Valuation Training with Prof Aswath Damodaran

Aswath Damodaran is the Professor of Finance at the Stern School of Business at New York University, where he teaches corporate finance and equity valuation.

He is best known and famous as author of several widely used academic and practitioner texts on Valuation, Corporate Finance and Investment Management. Damodaran is widely quoted on the subject of valuation, with “a great reputation as a teacher and authority”. He has written several books on equity valuation, as well on corporate finance and investments. He is also widely published in leading journals of finance, including The Journal of Financial and Quantitative Analysis, The Journal of Finance, The Journal of Financial Economics and the Review of Financial Studies. He is also known as being a resource on valuation and analysis to investment banks on Wall Street.He recently published his book: “Narrative and Numbers: The Value of Stories in Business.”

Prior to joining NYU, he served as visiting lecturer at the University of California, Berkeley from 1984 to 1986. He was profiled in Business Week as one of the top twelve business school professors in the United States in 1994. Business Week did a poll of MBAs in 2011 that named Aswath Damodaran the most popular business school professor in the United States.

He earned his MBA and Ph.D degrees from the University of California in Los Angeles along with a B.Com. in Accounting from Madras University and a MS in Management from the Indian Institute of Management Bangalore.

Recently he delivered lecture at Google Talk. Kindly access to the below links for full lecture & PPTs: 

Video: The Value of Stories in Business
PPTs: The Value of Stories in Business

B. Entrepreneurial Diary

( “Business means solution of a particular problem and Creating value for customer as well as value  for company ” – Paramjeet Redu )

Promise of Artificial Intelligence ( VC )
Why amazon is eating the world ( TC )
What I learned during my first year as a VC ( AV )
The Best Way to Pitch Your Product or Company ( LI )
Insurance: Robots learn the business of covering risk ( FT )
Language is training artificial intelligence to replicate human bias  ( PC )

C. Other Stories

Aldi case study  ( DN )
Shipping Industry Cycle ( DN )
Interview With Manish Chokhani ( BQ )
Be Wary Of Bull Market Traps ( PP )
The Dot Com Boom And Bust ( IQ )

The Avid Hog : Omnicom Case ( HC )

The Unknown Unknowns of Investing ( OC )
Charlie Munger’s Six-Element System ( FS )
Would you take Warren Buffett’s wager? ( AC )
Interview with Professor Bruce Greenwald ( BC )
Business Analysis: Garware Wall Ropes Ltd. ( SC )
Performance Pressures Lead To Underperformance ( AC )
Buffett’s transition from reinvestment moats to capital light compounders ( II )

“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