In The Joys of Compounding, Gautam Baid does an excellent job of taking several steps back from financial analysis and relating how his life story shaped who he is as an investor, how seeking a broad-based education and the “worldly wisdom” that comes from it formed his intellectual foundation, and describing how this has translated into financial independence.
Farnam Street’s Great Mental Models, Volume 2
“If a man does not know to what port he is steering, no wind is favorable to him.” — Seneca Return on investment is the central concept of capital allocation. As investors, we seek to obtain the highest return on
Farnam Street’s Great Mental Models
“So whatever you wish that men would do to you, do so to them; for this is the law and the prophets.” — The Golden Rule as expressed in Matthew 7:12 Hanlon’s Razor advises us to give others the benefit