Book Notes

KEYNOTES FROM THE BOOKS WE ARE READING

 

Book: ''The Energy Bus: A Spark of Inspiration from Jon Gordon''

Feeling drained and stuck in a repetitive cycle? Renowned author and speaker Jon Gordon presents a unique and inspiring perspective on navigating life's journey with his international bestseller, The Energy Bus.Forget traditional self-help manuals.

This captivating fable takes you on a transformative ride aboard the Energy Bus, where a cast of diverse characters share ten life-changing "rules." Imagine yourself as the driver, empowered to choose your direction and experience.Jon Gordon, a graduate of Cornell University and Emory University, has dedicated his career to empowering individuals and organizations to reach their full potential.To Read More Click Here

 

 

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                                                       Book: "The Dhandho Investor"

One of the key on which the value investing has been resting for the last so many years is tam as well in the form of margin of safety and later on by Warren Buffett, what as an investor you should not lose the money. This has been emphasized by Grahhich said once said that the successful investing is, "Rule No.1 is never lose money. Rule No.2 is never forget rule number one."   

So here the equation is different. You do not have to take higher risk to generate higher returns. This is one strategy where you can actually minimize risk and still make good returns. If you read this wonderful book "The Dhandho Investor", again written by a well-known value investing practitioner and an Indian origin, Mohnish Pabrai, you will actually get to know how it is possible and how it can be done successfully.... To Read More Click Here

                                                                                                                                     

                                                                             Book   :  " A Zebra In Lion Country"

This is one of the few books that dwell on art of investing smaller companies. The book becomes even more important to read when written by small cap mogul Ralph Wanger. A contrarian and an ardent supporter of small-cap investing Wanger has earned a lot of fame for successfully managing small cap portfolio for a very long period of time.In fact, his fund the Columbia Acorn fund, which he managed for the first 23 years, since its inception in 1970 was one of the best performing funds. The fund outperformed the S&P, having delivered a 16.5% CAGR over a 20-year period ending March 20004, vis-à-vis 12.5% return by S&P. He later founded Wanger Asset Management, which is again largely a small-cap focused fund. 

 

            To Read More Click Here: A Zebra In Lion Country

                                                        

                                                             Book   :  "Passive Income"

Gadson explains that if you have access to the internet and a computer then you are completely capable of starting an online business with the goal of becoming financially independent. There are multiple different strategies you can adopt and we'll discuss these throughout the summary. It's important to understand what you're trying to do with your business and the best way to do it. Gadson recognises that a lot of online businesses never make enough money and can be classified as a failure. He believes that with the right research and the right approach anyone can have a passive income.

"Living from a "passive income" as it is called, is a term now used to describe the income people receive from the internet. It is called passive income because in theory most of the work is pre-done. Then you sit back and reap the benefits of your labor with little work involved."

To Read More Click Here: Passive Income Detailed Note

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                                                                   Book  :  "Poor Richard's Almanac"

Wit and Wisdom of Benjamin Franklin.Benjamin Franklin, a profound thinker, armed with a world of wit and wisdom, was by far one of the most influential human beings of his time. His teachings/philosophies hold a relevance to us even today, much like a guiding compass. A famous American business investor and philanthropist, Charlie Munger once remarked, 

 

 

"Benjamin Franklin and Samuel Johnson were both utterly brilliant men. And powerful communicators. Both have helped me all the way through life. Their lessons are easy to assimilate". 

He is one of the several admirers and followers of Benjamin Franklin.

Intrigued by the genius aura surrounding Benjamin Franklin, we dived into his famed book "Poor Richard's Almanac". A small book filled with all his sayings, which holds true even till this day. It is an eye-opener of sorts. It awed us as we scoured through all his pearls of wisdom sprinkled with a bit of cynicism. We've hand-picked some of the best for your perusal.

To Read More Click Here Detailed Note

 

 

 

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