The blog name ‘Reading, Thinking, and Writing’ comes from one of Mohnish Pabrai’s talks where he mentions his job as an investor is to “read and think.” However, the name of the blog won’t matter in the long run, all that will matter is my results.
I currently work full-time and invest my savings as a hobby.
My day job for the last ten years has spanned both accounting and finance — preparing and reviewing financial statements, assessing the health of companies, and analysing various initiatives in Excel — these skills have (I hope) laid a foundation for successful stock-picking. The rest of my investing knowledge is self-taught, reading, watching YouTube, and researching.
Some assume “reading” just means books, but good investing requires a lot of time reading non-books: financial statements, management interviews, earnings call transcripts, and etc.
The following quote from Nicolai Tangen, CEO of Norges Bank Investment Management, sums up why investing doesn’t feel like work to me:
[Investing]. It's alive. It's incredible.
I just think [investing] is an amazing thing to study because it's everything that you eat, wear, drive, consume, all these kinds of things. It's about the people. It's about the psychology. It's about corporate culture. It's about market greed and fear. It's related to macro, security, wars, geopolitics. And it changes all the time, all the time.
And if you're good at it, you make money.
And so it is just the most interesting thing you can ever spend your time doing.
The thing is that you couldn't invent a more fascinating game if you tried.
Some content I’ve enjoyed with good investing principles:
‘Poor Charlie’s Almanack’ by Charlie Munger (How to lead a happy life and investing)
‘The Psychology of Money’ and ‘Same as Ever’ by Morgan Housel (How to lead a happy life, economics, and more)
‘Nomad letters’ from Nick Sleep and Qais Zakaria (Investing in high quality companies and how to treat limited partners)
‘What I Learned About Investing from Darwin’ by Pulak Prasad (Long-term compounders, aiming for 15% - 20% returns over long periods)
‘The Education of a Value Investor’ by Guy Spier (Compounding in life and investing)
More YouTube channels than I can list, but Mohnish Pabrai’s YouTube channel is a great one.
— A curious investor
Disclaimer: This investment blog shares personal experiences of an amateur investor for educational and illustrative purposes only. The content provides transparent insights into investing thoughts and performance, acknowledging the possibility of mistakes. Results are not guaranteed, and readers are cautioned against blindly following recommendations. The author is not a licensed investment professional. Before making financial decisions, readers are advised to consult with a qualified professional and tailor investments to their individual circumstances. The content should not be construed as financial advice or a solicitation to buy or sell securities. Investing carries risks, including the potential loss of principal. Past performance is not indicative of future results, and the author is not responsible for any reader's investment actions.
