As usual superb....If i have to write this essay in one line it would be "most of the territory in each domain can be covered through a low single-digit number"
Great piece as usual Anand. Just an observation though.
Although Graham was a freak of nature (freaker than even Munger and Buffett in my view), he was clear from the get go that his framework should not require very high intelligence. It was more of an analytical framework that a person with average IQ could deploy. Buffett and Munger's framework on the other hand is high on critical thinking. Requires a lot of hard work with a proportionate pay off.
As usual superb....If i have to write this essay in one line it would be "most of the territory in each domain can be covered through a low single-digit number"
Great piece as usual Anand. Just an observation though.
Although Graham was a freak of nature (freaker than even Munger and Buffett in my view), he was clear from the get go that his framework should not require very high intelligence. It was more of an analytical framework that a person with average IQ could deploy. Buffett and Munger's framework on the other hand is high on critical thinking. Requires a lot of hard work with a proportionate pay off.
I would love to know your Rushmore yardstick for learning about indian businesses
if this yardstick is applied, how will anybody read you
if this yardstick is applied, how will anybody read you