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Book Summary of Fooling Some of the People All of the Time: A Long Short Story
Book Summary

Book Summary of Fooling Some of the People All of the Time: A Long Short Story

Posted on: April 15, 2018July 19, 2022

Abstract In 2002, David Einhorn presents Allied Capital as a short candidate during a conference due to the business’ fraudulent accounting […]

Book Summary of Market Wizards: Interviews with Top Traders
Book Summary

Book Summary of Market Wizards: Interviews with Top Traders

Posted on: April 8, 2018July 19, 2022

Abstract Market Wizards is a collection of interviews with traders who have turned measly sums into great fortunes. From those interviews, […]

Book Summary of Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Book Summary

Book Summary of Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Posted on: April 1, 2018July 19, 2022

Abstract Nassim Taleb has written a book about how we mistake skill from randomness, chance and luck. Though the ‘success stories’ go to great lengths […]

Book Summary of Value Investing: Tools and techniques for intelligent investment
Book Summary

Book Summary of Value Investing: Tools and techniques for intelligent investment

Posted on: March 25, 2018July 20, 2022

Abstract Risk is an illusive concept. However, the author tries to outline how one might perceive risk by highlighting the three […]

Are there any bargains among the “expensive defensives”?
Reflections

Are there any bargains among the “expensive defensives”?

Posted on: March 21, 2018March 18, 2018

A wise man once told me: “Never recommend a stock to anyone. You’re bound to loose. If it rises, they’re […]

Book Summary of Warren Buffett Accounting Book
Book Summary

Book Summary of Warren Buffett Accounting Book

Posted on: March 18, 2018July 20, 2022

Abstract The authors outline the principles and rules of value investing, which are guiding principles that’ll aid the analyst in finding ‘Buffett-type […]

Book Summary of Charlie Munger: The Complete Investor
Book Summary

Book Summary of Charlie Munger: The Complete Investor

Posted on: March 11, 2018July 20, 2022

Abstract There are four value investing fundamentals that – if adopted properly by the investor – will give you an edge and […]

Book Summary of The Richest Man in Babylon
Book Summary

Book Summary of The Richest Man in Babylon

Posted on: March 6, 2018July 20, 2022

Abstract  The Richest Man in Babylon outlines a set of timeless principles necessary to become rich. Babylon’s richest man, Arkad, […]

Book Summary of Priceless: The Hidden Psychology of Value
Book Summary

Book Summary of Priceless: The Hidden Psychology of Value

Posted on: February 25, 2018July 20, 2022

Abstract Intrinsic value – that fair value, which a security should trade at as so forth the market was governed exclusively […]

Book Summary of Extraordinary Popular Delusions and the Madness of Crowds
Book Summary

Book Summary of Extraordinary Popular Delusions and the Madness of Crowds

Posted on: February 18, 2018July 20, 2022

Abstract This 176 year old book outlines some bizarre cases of crowd psychology that have caused men to toss out […]

Stock Analysis of McKesson Corp. (MCK): Don’t Buy Drugs – Unless They’re Undervalued
Stock Analysis

Stock Analysis of McKesson Corp. (MCK): Don’t Buy Drugs – Unless They’re Undervalued

Posted on: February 12, 2018July 20, 2022

A wise man once told me: “Never recommend a stock to anyone. You’re bound to loose. If it rises, they’re […]

Book Summary of Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The World’s Most Famous Investor
Book Summary

Book Summary of Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The World’s Most Famous Investor

Posted on: February 11, 2018July 20, 2022

Abstract Business perspective investing is the “Warren’s Winning Way”.  It entails projecting a future value for the business and surmise when said value […]

Book Summary of Find the Best Stocks: Use the Annual Report and Invest Right
Book Summary

Book Summary of Find the Best Stocks: Use the Annual Report and Invest Right

Posted on: February 4, 2018July 20, 2022

Abstract Find the best stocks (Danish title: Find de bedste aktier) goes through the annual reports structure and components, metrics and qualitative […]

Book Summary of Manias, Panics, and Crashes: A History of Financial Crises
Book Summary

Book Summary of Manias, Panics, and Crashes: A History of Financial Crises

Posted on: January 28, 2018July 20, 2022

Abstract An archetypical boom-and-bust cycle goes something along the lines of: Imagine that we’re at the bottom of a credit […]

Book Summary of Warren Buffett Speaks: Wit and Wisdom from the World’s Greatest Investor
Book Summary

Book Summary of Warren Buffett Speaks: Wit and Wisdom from the World’s Greatest Investor

Posted on: January 21, 2018July 20, 2022

Abstract Warren Buffett Speaks is a collection of quotes from the Oracle that outlines what it takes to be a […]

Book Summary of Accounting for Value
Book Summary

Book Summary of Accounting for Value

Posted on: January 14, 2018July 20, 2022

Abstract The author burns this quote into the readers’ mind: “One does not buy a stock, one buys a business […]

Book Summary of Triumph of the Optimists: 101 Years of Global Investment Returns
Book Summary

Book Summary of Triumph of the Optimists: 101 Years of Global Investment Returns

Posted on: January 7, 2018July 20, 2022

Abstract Triump of the Optimists is a look back on asset classes’ (stocks, bonds, currency) return across 16 countries over […]

Book Summary of A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market
Book Summary

Book Summary of A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market

Posted on: December 31, 2017July 20, 2022

Abstract From Las Vegas to Wall Street, Edward O. Thorpe beats ‘the house’ at their own game. Professional gambling and […]

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