1% Better

By Kinshuk Chaplot
This is where I share one concept or one new learning/unlearning every week. The idea is to explore, disect and assimilate the knowledge available freely and is just one search away from you. YouTube and particularly few channels like Mohnish Pabrai and CFA Society India, are packed with wits and wisdom of many, served in very comprehensive and condensed way. 

Week I - The Uber Cannibal Strategy -

Here, Mohnish Pabrai explains the importance of buybacks and its impact on stock prices. In the latter part he takes on a few questions, making it a masterclass. 

Do check it out -  https://www.youtube.com/watch?v=_h10aNEQK50 

 

Week II - The opposite of a good idea - Prof. Sanjay Bakshi

The opposite of a good idea can also be a good idea. Prof. Bakshi explains this statement with facts and figures. 

Watch Webinar - https://youtu.be/Zy1h2OeCJlA?list=PLDaxKXbhF_Y8mobI1xoz2Ij7a4XKfjttj

 

Week III - Coffee Can Investing - "Consistent Compounders" Thesis.

Team Marcellus explains how they came up with the Consistent Compounders and formulating it into a PMS. A good watch for aspiring investors, fund managers. 

Link - https://www.youtube.com/watch?v=oOJB14ZSEp4 

 

Week IV - Know Your Country -Mr. G. Maran 

Mr. G. Maran is delightful to listen to from the way he presents to theories –Nash Equilibrium, Second and third order thinking. 

Link - https://youtu.be/OCElrQmsPS8?list=PLDaxKXbhF_Y8mobI1xoz2Ij7a4XKfjttj

 

Week V - The Investment Checklist - Mohnish Pabrai

Investment checklists, active vs. passive investing, value and growth investing, a classic  Q/A in which Mohnish share his insights. 

Link - https://www.youtube.com/watch?v=W--321tO12M&t=1454s

 

Week VI - Brave New World - Ritesh Jain

Liquidity, startups, inflation, labour trends, energy, interest rates and a whole fact loaded webinar on macros. 

Link - https://www.youtube.com/watch?v=DGAr7RnSDFg&t=12s

 

Week VII - A capex boom - Russell Napier

Russell explains inflation, capex and the next winner coming out of the disrupted world.

Link - https://themarket.ch/interview/russell-napier-the-world-will-experience-a-capex-boom-ld.7606

 

Week VIII - - The Interplay of Loss Aversion With Long Term/Short Term Horizons in Equities

Rakshit Ranjan and Saurav Mukherjee brings up the psychological side of investing. Data and graphs, book references and mental models, a good watch to learn the behavioral aspect.

Link - https://www.youtube.com/watch?v=vLq7fcDEaB4

 

Week IX -  Dimensions of Mistakes in Investing by Utpal Sheth

Types of mistakes, loss aversion, recency bias, case studies covering the mistakes followed by Q/A.

Link -https://www.youtube.com/watch?v=QQzsHkAMqRc


Week X - Nassim Taleb - 11 Rules For Life

Perspectives by Nasim Taleb, juiced out in a short but brain storming video. Stoicism, antifragility, skin in the game, bits and pieces weaved well.

Link - https://www.youtube.com/watch?v=aYhacHNHTEs 


Week XI - Piramal Pharma 

A much talked about business - Piramal Pharma. The video deep dives into CDMO, complex generics and branded drug business. Do check it out.

I have also covered Piramal post demerger in my blog - https://www.sinewavesecurities.com/2022/02/piramal-group-overview.html

Link - https://www.youtube.com/watch?v=Z6hDi_k15vM


Week X - Maxims for Thinking Analytically - Prof. Sanjay Bakshi

Professors talks about risk and uncertainty, contextualize the maxims from the book "Maxims for Thinking Analytically" and  "The Upside of Uncertainty". A three and half hour masterclass turning you a bit richer, wiser and happier!

Link - https://youtu.be/NSvjAqf-H-I  


Week XI - Aswath Damodaran - Numbers and Narrative 

One of the most precise and crisp lectures by professor. Investor biases to story and numbers person, and his broader valuation framework. Do check it out and take notes!

https://www.youtube.com/watch?v=IYw-iNdKwaU


Week XII -  The rewards of Good behavior

Don't know anything about behavioral finance! Go through this lecture by Prof Sanjoy. Behavioral economics in a capsule.

https://www.youtube.com/watch?v=8DDMu9hMzw0

 

 


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