Category: Book Summary
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Poor Charlie’s Almanack
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The early values Charlie’s children got from Charlie were the value of thrift, duty, hard work, and simplicity. Charlie considers Ben Franklin his hero and got the value of lifelong learning, intellectual curiosity, sobriety, avoidance of envy and resentment, reliability, learning from the mistakes of others, perseverance, objectivity, willingness to…
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What I Learned About Investing From Darwin
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Here are my notes and highlights: Pulak Prasad invests in businesses run by entrepreneurs, of which the entrepreneur is typically the largest shareholder. There are three rules they follow in investing: Avoid Type I Error Pulak pulls an idea of evolutionary theory where species usually choose staying hungry compared to…