Multi-Disciplinary Reading - Book Reviews

I read “invest like a guru” by Charlie tan this week. Charlie Tan is the founder of gurufocus.com.

Charlie Tan has a PhD in physics - worked for many years as a physicist for a fiber optics company in silicon valley before he found his love for equities courtesy Mr Buffett and Mr. Peter Lynch

Being an Engineer myself, what I liked was the way Charlie explains even quant aspects with ease - I really liked how neatly he explained dcf model math and then most importantly showed how he applied to arrive at intrinsic value of stocks that he was following

The constant use of charts/pictures was quite useful to understand how gurufocus tools can be used to create your own graphs/charts

It’s quite clear Charlie is an avid Buffett fan as he keeps referring to his shareholder letters and then shows what he learned from it or how he applied it in his decision making process

Charlie is not afraid to admit his blunders in stock market. Weak balance sheet is usually the most common reason thanks to enlightenment from Buffet and applying that wisdom to his failures

My personal favorite chapter is where he applies his learning to Peter Lynch’s six categories of stocks and shows why he believes we should simplify our lives and stay away from cyclicals/turn around and asset plays

I recommend reading it

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