10-K Diver

36/ To learn more about the concepts in this thread, I recommend Nassim Taleb's Fooled By Randomness -- a wonderful book about how the principles of probability apply to investing and life in general. Here's a relevant extract from the book (h/t @nntaleb):

21/ Perhaps it's NOT a coincidence that Shannon was ALSO a phenomenal *investor*. By some measures, Shannon's portfolio even outperformed Warren Buffett's over a multi-decade time frame! From the wonderful book Fortune's Formula by @WPoundstone:

Great thread Brian! When the odds seem to be in your favor, bet heavy. This is a systematic way to do that. (Although, the phrase “protected value” may be a bit misleading. It’s not like the portfolio can’t drop below this value.)

Outstanding thread Brian! With thousands of companies out there, it’s important to quickly decide from the financials: should I study this company further or not? And this 5-minute, fundamentals driven analysis can help us take that decision quickly and effectively. Kudos!

Kidding aside, it’s a wonderful book — full of research into practical questions backed by concrete data. I enjoyed it very much!

Great thread, CJ. Full of useful tips and actionable advice. Congrats! It’s been fun to watch you grow. And assuming you follow your own advice, you may be just getting started!

Great thread, Q! I also recommend this excellent ~1.5 hour video where Terry Smith describes his 3-step investment process: Step 1: Find wonderful businesses, Step 2: Buy them at reasonable prices, and Step 3: Do nothing.

Great thread, Q! I also recommend this excellent ~1.5 hour video where Terry Smith describes his 3-step investment process: Step 1: Find wonderful businesses, Step 2: Buy them at reasonable prices, and Step 3: Do nothing.

Outstanding thread and example! As investors, “knowing thyself” is so valuable. If we know ourselves well, we can choose an approach that works FOR US. A style of investing that we can stick to — and reap the benefits of compounding from — for decades.

Great thread, Q! I very much like Chris Mayer’s book “100 Baggers” that covers some of these points in more detail. Link: [link] (h/t @chriswmayer)

28/ We often see headlines like: "New research calculates pi to X trillion digits" If you're curious about the methods these researchers use to find so many digits of pi, read this book: Pi Unleashed.

27/ This ~18 minute video by @veritasium beautifully describes how Isaac Newton discovered a completely new method to calculate pi -- one that's far more powerful than Archimedes's.