I run the risk of losing a few of my existing and prospective clients for Smart Sync Services when I write this. If you agree with what I am going to say now, I may not get any business from you. In fact, I may lose a few of my existing clients. However, I hope that I would earn your trust. And maybe, sometime in the future you would come back to me and give me more business when you reap the rewards of this invaluable advice. Let’s deep dive into one of my most loved investing philosophy: “Survive to Thrive”
“Survive to Thrive” has been a very powerful and motivating thought for me. During tough times, in investing and in personal life, I use it as a tool to get me back on my feet and start working towards my goal. I have written a couple of blogs here and here. Both had a different angle of looking at the investing landscape from the lens of “Survive to Thrive”.
This is the 1st post in our quarterly result update series for Q2FY21.
In this post, we’re sharing the latest updates of the stocks from our watchlist. Please don’t treat this as a buy recommendation. We find these businesses interesting and we may build position (or buy more of those that are already in our portfolio) in them in the future. The purpose of this post is to bring clarity to our understanding of the businesses we are tracking. We make our notes on the quarterly results and conference calls. Putting it up here makes it easier for us to refer them at a future date.
A slightly edited version of this post was originally published in Morningstar.
The price to earnings ratio, or P/E ratio, is probably the most commonly used valuation metric in the stock market. It is a mathematical expression calculated by dividing a company’s current market value by the net profits of the current year.
I was researching a company as a potential investment opportunity in the Indian stock market.
I started reading about the history of the company.
Clicked on a youtube link on its website.
It was a short five-minute video. Very useful.
Then something interesting happened.
On the right side of the youtube page, I was prompted for a video.
It was Yuval Noah Harari. A renowned historian and author.
And also one of my all-time favorites. I was hooked.
I specifically liked this part in the video:
I will address the fake news question, not because it is the easiest to solve, but also because it is the most relevant to what you are doing in Google. And I would say that the current incarnation of the fake news problem has a lot to do with the model of the news and information market. We have constructed a model which basically says, EXCITING NEWS FOR FREE, IN EXCHANGE FOR YOUR ATTENTION.
Famous investment columnist and author, Morgan Housel makes a striking point in one of his writings:
The single most important variable for how you’ll do as an investor is how long you can stay invested. I’m always astounded when I think about compound interest and the power that it has for investing. Time is massively powerful.
If I had to simplify it in one sentence, I would say:
“If you can survive for a long time, compound interest will take care of you.”