One time I heard Mohnish Pabrai talk about personality tests and personality types. That took me down the path of learning about personality types and led me to the website 16personalities. Knowing my personality type changed my life. Serious value investors read Value Line. Buffett does it, Munger does it, and Li Lu does it. Seriously, what else do you need to know?
You have to be curious! And Value Line is a great way for value investors to exercise their curiosity and learn about many different businesses. I read every issue of Value Line. I use both the medium and large cap product they have and also the small cap product. I like to look at the lows for investing ideas. And every day I try and pick out two stocks from the highs and two stocks from the lows to just briefly look at and learn about what they do. I do this to add them to my encyclopedia of companies, so when I do come across them in a 13F or something like that, I at least have a base level of familiarity with them and can quickly get to thinking about why one of my Superinvestors bought them.
Mohnish Pabrai says thou shall never use Excel. When Mohnish and Li Lu speak, I listen. I learned to never use Excel from Mohnish. His point was that investing needs to be simple. If you use Excel, you run the risk of making things too complicated, which can lead to justifying bad investment ideas with faulty long-term projections.
So you keep things simple and keep things off Excel. And in that Columbia lecture, Li Lu tells the class to not use calculators and to train yourself to do math in your head so you can move quickly from company to company. And I can report to you that it works. Is my math perfect? Staying away from Excel has helped me avoid bad investment ideas. And doing math in my head has helped me focus on the things that matter for a business.
Both of these habits have made me a much better investor. Buffett reads these things every day. Every investor sees the day to day news in the newspapers and on CNBC. But few investors venture into the world of annual and quarterly reports. You can learn about entire industries and increase your knowledge edge by reading annual reports and quartlery reports.
Companies put these out so investors and analysts can follow along on their earnings calls and they also use them to present at conferences. News anchor Melissa Lee is joined by a roundtable of top traders to bring listeners the actionable news that matters most to investors.
The podcast gives listeners the information normally reserved for the Wall Street trading floor, enabling them to make money-making decisions. His mission is to educate and enable builders as he explores the ideas and methods that will help listeners better invest their time and money. As an economist and financial broker, Peter Schiff focuses on economic data analysis to provide unbiased coverage of global financial markets. Recent episodes include a look at the pre-election stock market, bubbles, and U.
Author and hedge fund manager Phil Town partners with his daughter Danielle to shine a light on the successful investment strategies that financial legends like Warren Buffet have used. The father-daughter duo provides stock market education and investing tips to listeners interested in learning how to invest on their own. Michael Batnick and Ben Carlson host the show about markets, life, and investing as they discuss what they are about reading, writing, listening to, and watching.
Just outside the top 10 is The Med Faber Show, where the focus is on helping listeners grow and preserve their wealth. As co-founder and chief investment officer of Cambria Investment Management, host Med Faber discusses the craft of investing to help listeners uncover new and profitable ideas in the global equity, bonds, and real asset markets.
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Privacy Preference Essential 2. Generates statistical data on how the visitor uses the website. External Media 7 External Media. I like the episodes that describe investing methodology of legends. The qualitative methods of assessing investments are very thorough.
Few episodes on detailed analysis of balance sheets, income statements and cash flow statements will be even better. Apple Podcasts Preview. Customer Reviews. Hari R. Top Podcasts In Business. The Ramsey Show. Ramsey Network. Planet Money. Jocko Podcast. Andy Frisella to0.