Buffett Books by Preston Pysh Video 2

In this video, Preston says at 11:30 mark to pause the video and evaluate how much money you are willing to pay for this ice cream business: I will look at following points to estimate what price am I willing to pay for the ice cream business: # First of all, I will look what return am I getting risk-free. The

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I found a secret…..

Today I found the secret why some dumb people get success in life while the intelligent ones work under less intelligent ones and underperform. The secret is: TAKING ACTIONS It is not about perfection. It is about creating just something. It is about having an instinct to ship. Because you can’t fix something that you don’t ship. It is about

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Rich Dad Poor Dad by Robert Kiyosaki-IIIP-003

In this podcast I share two big ideas from my favourite personal finance book Rich Dad Poor Dad: The Intelligent Indian Investor Podcast 003 (I am having some issue uploading files to WordPress and hence google drive. You can listen to the podcast by clicking above. Thank you for your patience) Asset Vs Liability Listen to the podcast to know the

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Risk comes from not knowing what you are doing

“Risk comes from not knowing what you are doing” ~Warren Buffett I am always captivated by the wisdom with which this Old man approaches stocks and Investing. Truly he is a legendary investor. He approaches stocks with a very clear mindset. Investing is basically providing capital to a wise and competent entrepreneur to exploit a business idea to create massive

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What is the real money?

I’ll give you $1 Billion but if you don’t have the intelligence to spend it, it might perhaps be of no use. A similar case would be to give a billion dollar to a chimp. He will just throw it away. There is an interesting question asked by someone somewhere: If all the wealth of the world are collected and

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