Marathon Asset produced several iconic investors such as Nick Sleep and Jeremy Hosking.

Their letters from 2002 to 2015 provided a treasure trove of insights into their investment frameworks and how they look at the capital cycle.

Here are my main takeaways:

Youtube provides us access to the top investors worldwide.

But 98.8% don't use it to its full potential.

Five videos that provide the best investing insights:

What you learn: Fundsmith investing philosophies and company's thesis.

From: Terry Smith, founder of

What you learn: Characteristics of compounders & understanding your competitive edge

From: @yliownyc and @tseides

What you learn: How to research a stock from scratch

From: @BrianFeroldi and @Brian_Stoffel_

What you learn: What makes internet stocks attractive?

From: @DennisHong17 and @goodinvestingc

Peter Lynch averaged 29.2% annual return between 1977 to 1990.

His books One Up Wall Street and Beating the Street offered great insights into his success.

Here are my top 10 lessons from the legend:

1. This quote was so good Warren Buffett cited it in his shareholder letter.

“Selling your winners and holding your losers is like cutting the flowers and watering the weeds.”

2. Volatility is the price of admission.

“People who succeed in the stock market also accept periodic losses, setbacks, and unexpected occurrences. Calamitous drops do not scare them out of the game.”

3. On how many stocks you should own.

"Owning stocks is like having children. Don't get involved with more than you can handle."

4. On making mistakes.

"There's no shame in losing money on a stock. Everybody does it. What is shameful is to hold on to a stock, or worse, to buy more of it when the fundamentals are deteriorating."

At 98, Munger is as sharp as ever.

His recent 2-hour sharing at $DJCO was 🔥

Talked about $BABA, $COST, $ATVI, crypto, interest rates, envy, antitrust, the great resignation, growth vs value investing and MORE.

Here are my notes:

1. Let's get the white elephant out of the room and talk:

$BABA

Why invest in China? And why Alibaba?

To find out more about $BABA without going through 10 years of annual report, check out my deep-dive here.

More than 20,000 people have viewed it in 7

2. It's no secret that Munger has a contempt for crypto

While there are legitimate use cases (IMO), Munger hates the negative spillover it brings.

3. On whether there'll be a major interest rate increase

Japan managed to maintain low interest rates and reduce their debt without compromising their living standards.

But we're not sure if the U.S. can pull off the same trick.

Here's why:

15 quotes to hit your ego from the book EGO IS THE ENEMY:

1. Wherever you are, whatever you’re doing, your worst enemy already lives inside you; your ego.

2. The ego we see most commonly goes by a more casual definition: an unhealthy belief in our own importance. Arrogance. Self-centered ambition.

3. Ego is when the notion of ourselves and the world grows so inflated that it begins to distort the reality that surrounds us.

4. We will learn that though we think big, we must act and live small in order to accomplish what we seek.

1/17

IKIGAI : A reason for BEING .

I have structured the essential bits & pieces of the book in a flow for easy understanding + compiled some handwritten notes.

As always these are just MY TAKEAWAYS from the book :))
#ikigai
#BookReview
#BookRecommendation

2/
Firstly what is #IKIGAI ?

The Japanese call it - A REASON TO JUMP OUT OF BED EACH MORNING.

It's a convergence of 4 things .
*What you love
*What you are good at
*What you can get paid for
*What the world needs .

We need to find our Ikigai in life!
(Pic from the net)

3/
Let's begin with DAILY HEALTH HABITS.

A SOUND MIND IN A SOUND BODY .

Both our MIND & BODY must be exercised well to avoid deterioration in latter years of life .

Have a mental workout routinely by stepping out of your COMFORT ZONE.
Expose yourself to CHANGE.
#RewireBrain

4/
For a sound body there's no need to exercise relentlessly . Regular Yoga, Surya namaskar and Gardening is more than enough.

Don't be a couch potato! 🤷 Keep moving !
Our metabolism slows down just after 30 min of sitting sedentary.
#KeepMoving

5/
#StressKills

Most health problems are STRESS INDUCED.
Hence TAKE TIME OFF every now & then .
SLOW DOWN !!
Life isn't a race .So stop running all the time.

Condition your mind to enjoy each moment by practising #Mindfulness.
Be Self aware & aware of your surroundings!

If you're into entrepreneurship, you should read:

1. The Art of War, by Sun Tzu
2. Meditations, by Marcus Aurelius
3. The Autobiography of Benjamin Franklin
4. The Art of Money Getting, by P. T. Barnum

Read for 1-2 hours a day and you'll be in the top 1% of society

Here's how:

Start reading 100 mental models

With the help of books, cards, maps, quotes, audiobook,... it will internalize mental models in your head in a way that you will use them automatically

+ It also includes the books mentioned above for free

Get your

10 Incredible Lessons From the Book “Zero to One”

⚡️Book Review⚡️

1. Focus on One Thing

👉 The truly successful ones will put all of their effort behind one unique idea or business plan and throw all of their weight behind that effort.

2. The 80/20 Rule

80% of your profits or yield will be produced by 20% of your customers or products.

👉This fact is also true for most of the other topics.

3. Invest Early

Maximizing retirement savings should be a key interest to any successful entrepreneur.

👉It will lead to greater dividends as you age and will generate wealth much more quickly than you might think.

4. Ignore the Common Wisdom

To be successful, to truly create a 1 from 0, you’ll need to:

👉 think for yourself and come up with a new product or solution that people don’t already know that they need.

1/22
I first read this book in 2009 after losing 80% of my monies on Penny stocks as a student when the 2008 drawdown happened.

Thought it was too simple !

Now in 2021, I think this is one of the best books to absorb & implement.

A 🧵

#BookTwitter
#BookRecommendations

2/22
Investing means different things to different people - Be it health/ career/external assets with an intent to reap benefits in future.

So then is everyone an Investor ?
No.
When people do different things with even same investment products we give it a different name.
👇

3/22
Investing is a PERSONAL Plan .
It's NOT a product . NOT a procedure.

One needs to have a clear picture of one's financials BEFORE making an investment plan.

Investment products comprise of items with distinct characteristics DESIGNED to satisfy a particular need.
👇

4/22
Nothing is permanent except CHANGE.
Same applies for market cycles.
Different Asset Classes help us in that.

By smart movement one can increase the velocity of one's money.

It is NOT about timing the markets.
It's ABOUT the trends in an asset class.

Few pointers
👇

5/22
Many folks acquire Speculative habits mistakenly thinking they are Investing. ☠️

L.T Investing is central for optimum returns.
Markets will be volatile.
But in long run shall only go ⬆️

Some notes on Cash Flow & Capital Gains Model , Speculation & Law of The Farm
👇