How does Goodluck look now, after this recent spike? Is it still under/fairly valued? Or do you see some short term correction?
Posts in category Value Pickr
Multi-Disciplinary Reading – Book Reviews (06-10-2023)
That is cool, i mean very very cool! Especially the point about continuous learning.
Fully agree with your point on the type of book one can read. For instance, I tried reading “Wings of fire” by APJ Kalam in 9th standard (father insisted). That flew right over my head. Couldn’t even read 20 pages! I like what Naval Ravikant said about this. “A book is a conversation between the author and the reader. When the reader doesn’t like the book, it may not be bad, it is just that either the reader or the author is not ready for the conversation”. I am probably more receptive to Wings of Fire today (although I am yet to pick it up again).
I have been reading consistently from 2020 but nowhere close to your pace!
I have slowed down on purpose to improve retention. I re-read a few books that I thought I forgot. Also started taking notes and making highlights to further improve retention. Sharing these notes I am taking currently from “Common stocks and Uncommon profits”. Although i am still looking for a more efficient way of taking notes.
You’re awesome!
Warm regards,
Mahesh
KCP Ltd – undervalued cyclical company (06-10-2023)
How does KCP look now?
Multi-Disciplinary Reading – Book Reviews (06-10-2023)
Hello @phreakv6,
Thanks. In the past, I asked you for your top book recommendations, and you provided valuable insights. I’m curious, do you also watch videos? If so, which is your your favorite YouTube channel or any other video platform?
Multi-Disciplinary Reading – Book Reviews (06-10-2023)
What’s your opinion on reading physical copy vs ebooks ?
Multi-Disciplinary Reading – Book Reviews (06-10-2023)
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Gujarat Themis Biosyn Ltd – Bulk Drugs growth momentum (06-10-2023)
Seems like this is the case all over india
Multi-Disciplinary Reading – Book Reviews (06-10-2023)
Hey, I am not currently working and I think I am at this point unemployable/retired (am 41). When I used to work, I was a consultant (‘06-‘21), so had ample time to do my things on the side, reading being one of them. Even when I had a rare full-time job (‘21-‘22) I managed to maintain the pace of reading. It’s not that hard to put aside an hour or two per day to read. It’s an investment in yourself and it can be a lot of fun watching yourself visibly grow year on year.
I am always baffled that people are happy with the knowledge and skills they got out of college and the first few years at work and are pretty much done with it and closed to learning. I am equally baffled that all learning should be towards some end goal – like how it will affect your CAGR, or social standing or some other tangible gain like a degree or certificate. Learning is joyous and reading the perfect way to pick brains of people who otherwise would have no interest to sit with you or are long dead. Also books have durable knowledge (most others sources deal with information that’s relevant for near-term)
You have to first cultivate the interest and nurture your curiosity to learn about various things, phenomena, people, places and times and be ready to go down rabbit holes to sate that curiosity. I can’t imagine reading some of the books i read now when I started out. I would have snored right through the first paragraph but the stuff I read prior to what I am reading now has set the latticework for the stuff am reading now to be relevant and even thoroughly enjoyable.
Start reading whatever interests you – if you have kids get them started as well on whatever interests them. It could be comics, simple fiction, literary classics or whatever floats your boat. Once the habit is formed, the cue → routine → reward loop will take over and you are set for life. This thread started as a part of the “reward” loop – being able to review a book and put it out closed the loop. But of late, I am reading lot more than I am reviewing (almost a 15-20 book gap now) because I have started the painful note-taking process which takes 6-8 hours at least per book (lot of thinking, recollecting and ruminating involved). Now that the habit loop is sustaining without the reward, I have been able to tweak it to add extremely hard business of note-taking. I see this as a creation of durable knowledge of my own – for myself in the future, for discussing with my son (9 now) and for the rest of the world that can benefit from it. Everything we strive to create must be relevant over the years
I know this is a very roundabout answer to a direct question but there are no direct answers – if you are not able to make time, then reading is probably not a priority for you right now. Making it a priority should be your first priority.
HDFC Asset Management Company (06-10-2023)
With new big companies entering the field (Bajaj, Reliance etc), consolidation will have to happen. HDFC should make a plan for inorganic growth
Praveg Ltd: Play on Indian Tourism Industry! (06-10-2023)
Exactly. It’s legal and common.
Jhaveri surged because Vishnupatel acquired stake. Praveg was listed the same way and has created immense value in the last few years. The stock has surged from single digits to highs of 600+.
If you look at the news related to Jhaveri, the promoters will possibly list another unlisted entity. It’s in the domain of solar energy.
Coming back to Praveg, it won another contract for a tent resort in Diu. They are expanding presence in Gujarat, Daman & Diu, Uttar Predesh, and Rajasthan. If things proceed as per plan, they are positioned to deliver robust growth in the next 12 to 18 months.