What Should You Buy?


Circle of Competence, Process, Psychology

I think it is easier to figure out what not to buy than what to buy. If we can weed out the stocks to avoid, we’ll be a step closer to figure out what to buy. What are some stocks you should avoid? Generally, hot stocks that everyone is talking about. Some are ‘momentum’ stocks […]

What is Value Investing?


Free Cash Flow, Get started, Process, Risk

What is value investing? It is to buy a business for less than what it’s worth. We can break this into three parts. Buy a business Buying a stock is the same as owning a fraction of the underlying business. If you buy a share of Apple (AAPL), you own the business that produces things […]

Best Books I Read Last Year


Books, Process, Psychology, Randomness, Second Order Effect

Books that should be read more than once. Antifragile: Things That Gain from Disorder While Taleb’s previous two books—Fooled by Randomness and The Black Swan—focused on overconfidence and underestimation of risk, Antifragile is the antidote on how we can reduce fragility and in the process, gain from disorder and randomness. Antifragile provides a view that […]