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Showing posts from February, 2018

Be a Copycat. Not An Innovator.

The Dhandho Investor I really like this book.  It provides technical analysis of how to value a company.  The framework this book provide a simple but powerful true about life in general.  You hear so many industry thought leaders and companies talked about Innovation.  Do you ever feel like we are talking about innovation for the sake of innovation?  I do.  It refreshing to hear someone stay the opposite.  It's refreshing when you read the idea and it makes sense.  This my friend is what the Dhandho Investor is filled with.  Today will we focus on the copycat. A must read book. Click to get more information. About The Author Monish Monish Pabrai is a self proclaimed Warren Buffet cloner.  Monish and Warren are great at calculating the intrinsic value of a business.  They figure out the right time to buy a business when the business is under valued.  How do they do this?  I will not tell you this in the article, but I high encourage you read the book.  I even tell y

Financial Literacy Simplified

One Book You Should Read If You Haven't Already Rich Dad Poor Dad is a book I wished I read in school.  Don't get me wrong.  Reading Shakespeare, Steinbeck, and Ellison were interesting.  The titles the authors produced are insightful and life changing for most.  I understand the need for fiction.  I always longed for non-fiction.  I love how you can learn so much from a person's stories and experiences in such a short amount of time.  Rich Dad Poor Dad is non-fiction, but to me it didn't feel like I was reading a book.  I felt a sage was reciting wisdom to me that I needed to hear.  Financial Literacy What is financial literacy really?  Well, let's start with literacy.  Some believe literacy is the ability to read and write.  I really like Alberta Canada's definition .  They believe: Literacy has traditionally been thought of as reading and writing. Although these are essential components of literacy, today our understanding of literacy encompas