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Mental Models: The Best Way to Make Intelligent Decisions (~100 Models Explained)
Farnam Streetfs.blog
The Key to Successful Investing by Giverny Capital
François Rochon runs Giveryn Capital which has returned 15.7% annually since 1993. https://t.co/I5J712uHgk
Early in my career, Stan Druckenmiller told me that the best way to understand an industry is to look at every company in it. I’ve found that this (mostly) works for people too. To understand people, read everything they’ve published, and listen to every talk they’ve given. It’s very much a bottoms-up approach to forming a top-down view.___LINEBREA... See more
“We try more to profit from always remembering the obvious than from grasping the esoteric. It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” –Charlie Munger
Timothy Ferriss • Tribe of Mentors: Short Life Advice from the Best in the World
Doing the Work - Thoughts on the Path of the Profession
mywealthplanners.com
Contrarian that I am, the format for this book is intentionally unorthodox as books on investing go these days. It is not about I lail Mary passes; it's about grinding out gains quarter after quarter, year after year. My kind of investing rests on three elements: character, goals, and experience.