Shuchi Nahar's Weekend Blog!

Book Summary : The Most Important Thing - By Howard Marks Summary by: Shuchi. P. Nahar Brief Introduction about the Author- Howard Marks For twenty years Howard Marks has been educating investors with his “Memos from the Chairman,” and in writing The Most Important Thing, Marks drew from these memos to compile the most important lessons he has learned as an investor. That he is an outstanding investor goes without saying he is also a great teacher and a thoughtful author, and The Most Important Thing is a generous gift to all investors. In The Most Important Thing Illuminated, readers will benefit not only from Marks’s hard-earned wisdom, but also from the insights of three seasoned investors Christopher Davis, Joel Greenblatt, and Seth Klarman and a Columbia Business School adjunct professor, Paul Johnson. The Most Important Thing Illuminated continues the value investing community’s tradition of generously sharing its ideas, insights, and investment wisdom. What...

Summary: The Little Book That Builds Wealth Shuchi.P.Nahar Warren Buffett mentions moats all the time in his talks and writings and emphasizes the importance of finding a company with moats.   It remains one of the more concise and enlightening books for investors looking for great businesses that stand the test of time - historically, the kind of investments that return their worth many times over. The Little Book That Builds Wealth is the fifth book in the Little Books series from Wiley Publishing, each of which focuses in on describing a particular investing strategy in layman’s terms. This time around, the focus is on competitive advantage, or “moats” – the basic idea that Warren Buffett uses when investing.  Chapter One – Economic Moats The book opens by defining the concept of a moat. In a nutshell, a moat is a significant competitive advantage that one company has over another. The great example used in this chapter is McDonal...