Ram Bhupatiraju
Engineer/Investor. Here to learn and share about Investing. Stay curious.
Book Recommendations:
Recommended by Ram Bhupatiraju
“"TEN LESSONS FOR INVESTORS". Great lessons from Aswath Damodaran's book - Investment Fables. https://t.co/fwFqzjKE4t https://t.co/SmXPa3kDCe” (from X)
by Aswath Damodaran·You?
by Aswath Damodaran·You?
The truth about 13 of today's most widely touted investment strategies. 10 powerful lessons for every investor Overcoming the enduring myths about markets High dividend stocks: better and safer than bonds--or not? Cheap stocks: cheap for a reason? Should you invest in quality? Momentum? The next big thing? Or what?You've heard 'em. (Maybe even from your broker!) They're the "can't lose" investment stories that promise you a no-risk path to profits … "Buy companies trading below book value." "Follow the momentum." "Buy stocks with low P/Es." "Stick with quality." "Buy after bad news." "Buy after good news." "Follow the insiders." "Do whatever Warren Buffett's doing."And on, and on, and on … They sound good. But do they really work? You're about to find out. In Investment Fables, one of the world's leading investment researchers runs the numbers on 13 of today's most widely touted strategies, objectively answering the questions your broker can't answer. Has it worked over the long term? Over the short term? If it made sense once, does it still make sense? Are the promised benefits a statistical mirage? Could it work, as one part of your investment strategy? What are the downsides–and how can you mitigate them? If you want to make smarter investment decisions, you'll find this book utterly indispensable.
Recommended by Ram Bhupatiraju
“The best part of the book is that it doesn't get much into any Quantitative & arbitrary numbers and ratios (w.r.t Financials and Valuation) that pretend to be universally relied upon for evaluating an investment.” (from X)
by Michael Shearn·You?
by Michael Shearn·You?
A practical guide to making more informed investment decisionsInvestors often buy or sell stocks too quickly. When you base your purchase decisions on isolated facts and don't take the time to thoroughly understand the businesses you are buying, stock-price swings and third-party opinion can lead to costly investment mistakes. Your decision making at this point becomes dangerous because it is dominated by emotions. The Investment Checklist has been designed to help you develop an in-depth research process, from generating and researching investment ideas to assessing the quality of a business and its management team. The purpose of The Investment Checklist is to help you implement a principled investing strategy through a series of checklists. In it, a thorough and comprehensive research process is made simpler through the use of straightforward checklists that will allow you to identify quality investment opportunities. Each chapter contains detailed demonstrations of how and where to find the information necessary to answer fundamental questions about investment opportunities. Real-world examples of how investment managers and CEOs apply these universal principles are also included and help bring the concepts to life. These checklists will help you consider a fuller range of possibilities in your investment strategy, enhance your ability to value your investments by giving you a holistic view of the business and each of its moving parts, identify the risks you are taking, and much more. Offers valuable insights into one of the most important aspects of successful investing, in-depth researchWritten in an accessible style that allows aspiring investors to easily understand and apply the concepts coveredDiscusses how to think through your investment decisions more carefullyWith The Investment Checklist, you'll quickly be able to ascertain how well you understand your investments by the questions you are able to answer, or not answer, without making the costly mistakes that usually hinder other investors.
Recommended by Ram Bhupatiraju
“@Matt_Cochrane7 Nice thread Matt. I read this book 10 yrs ago and absolutely loved it. Very interesting origin stories on a lot of Consumer Financial products from 1950-1990 and also on how Financial innovation happens but is also taken too far sometimes (to the detriment of customers). https://t.co/GlJf6HP7ji” (from X)
by Joseph Nocera·You?
Discusses the impact of credit cards and mutual funds on middle class personal finance, and looks at the individuals responsible for these innovations
Recommended by Ram Bhupatiraju
“"The Five Rules of Successful Stock Investing" by Pat Dorsey is one of the best books for individual investors (Top 5 in my opinion). Excellent summary of that book. h/t @suru27 👏 My fav slides in the thread below. ⬇️ https://t.co/NgQxxxVA8r” (from X)
by Pat Dorsey, Joe Mansueto·You?
The Five Rules for Successful Stock Investing "By resisting both the popular tendency to use gimmicks that oversimplify securities analysis and the academic tendency to use jargon that obfuscates common sense, Pat Dorsey has written a substantial and useful book. His methodology is sound, his examples clear, and his approach timeless." --Christopher C. Davis Portfolio Manager and Chairman, Davis Advisors Over the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that "investing should be fun, but not a game," this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industries--without paying too much for their investments. Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as: * How to dig into a financial statement and find hidden gold . . . and deception * How to find great companies that will create shareholder wealth * How to analyze every corner of the market, from banks to health care Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today's ever-changing market.
Recommended by Ram Bhupatiraju
“"The Intelligent Investor" is a fantastic book for learning about Investor & Market psychology. Great compilation of quotes from the book. h/t @KenFaulkenberry cc: @dmuthuk @Gautam__Baid @saxena_puru https://t.co/LNKNVXVj1b” (from X)
by Benjamin Graham, Jason Zweig·You?
by Benjamin Graham, Jason Zweig·You?
“By far the best book on investing ever written.” — Warren Buffett The classic text of Benjamin Graham’s seminal The Intelligent Investor has now been revised and annotated to update the timeless wisdom for today’s market conditions. The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing"—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this revised edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.