The Intellectual Edge
@thebigideas_
In search of the most valuable investing insights
The next chapter for The Intellectual Edge is coming soon… Email will be out this Sunday discussing the details. Thank you for the support, @CompTortoise 🙏🏾
About to take out a paid subscription on @thebigideas_ very soon (the only one I'm subscribed to) If you're looking for rare rational views on investing and life, then make sure to follow this profile!
Charlie Munger’s renowned 25 cognitive biases. If you strive to remove a few of these from your investing, you’ll likely see a dramatic change for the good. His lecture “The psychology of human misjudgment” can be found here: youtu.be/IRfv49wTkfw?si…
DCF Vs. Multiples Interesting piece, recommended reading:
Chuck Akre explaining his three legged stool of investing. He argues that if a business qualifies for all three, the only risk is the dying value of money. Worth a read:
My current reading plan for better investing through multi-disciplinary thinking. On a mission to find a series of books that become my regular re-reads. Previous reads that hit me this way were: - Zen & The Art of Motorcycle Maintenance - Investing: The Last Liberal Art…
Li Lu on the importance of deeply understanding a business. From his 2010 lecture at Columbia:
On why multi-disciplinary thinking will always offer high returns: From my recent s-stack open.substack.com/pub/theintelle…
It’s wise to never skip a CT post. Full article linked. open.substack.com/pub/thecompoun…
Finding excellent capital allocators - what qualities separate elite performers from the average? 🧵on 5 criteria & McKinsey insights
Invert, always invert - pitfalls from a high ROIC by @thebigideas_ Management complacency, backward-looking, discrepancies... look beneath the surface to understand the returns on incremental invested capital and leveraging strong returns in the base business.
The Wit and Wisdom of Peter Lynch You can’t afford to forget this stuff:
Latest Joel Greenblatt interview... youtube.com/watch?v=FGIj4m…
Portfolio management: win rate vs. bet sizing. Very well put by @thebigideas_
Win rate vs. bet sizing h/t @thebigideas_
How Chris Hohn's Delivered an 18% CAGR Since 2003 - key lessons to be learned from this great investor, with additional notes from Dev Kantesaria. A 🧵 #qualityinvesting
Charlie Munger’s book recommendations: Source: @farnamstreet
RT this👇
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