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The Infant Learner

Some stuff I read this week:

A.  This week’s Special:- 

Value Investor: Gautam Baid

Gautam Baid, CFA, MBA, MS Finance, is the Portfolio Manager, Global Equities with Summit Global Investments based out of Bountiful, Utah. Previously, Mr. Baid served as Senior Analyst at Deutsche Bank & Citigroup .He is an experienced value investor with a passion for learning, reading & investing and a keen interest in behavioral finance.

He constantly strive to identify businesses with high entry barriers & growing free cash flows which are being driven by growth-oriented & minority shareholder-friendly managements and subsequently buy attractively-priced equity stakes in such businesses during the periodic bouts of irrational stock market behavior.

Recently he was interviewed at gurufocus.com. Click the link given below to listen to the interview :

Interview with Gautam Baid

B. Entrepreneurial Diary

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

What we said when the world changed ( CB )
How and Why to Start A Startup – Sam Altman ( YC )
Great ideas are born out of frustration not greed ( IF )

C. Other Stories

Decision-Making for Investors ( RI )
The Economics of Airline Class ( YT )
Volatility is not the same as risk ( MC )
Joel Greenblatt’s Talk at Google ( MF )
How moats make a difference ( II )
An alternate approach to position sizing ( ML )
Howard Marks Talk : CFA Society India ( YT )
Strategy Part – The Competitive Advantages ( AP )
Henry Singleton: A Master of Capital Allocation ( GE )
Capital allocation: More important than you think  ( II )
Professor Jack McDonald: The Men Of Value Investing ( TS )
Ten Headlines You’ll Never See in the Financial Media ( DS )
Diversification, Adaptation, and Stock Market Valuation ( PE )

“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