💰10 Attributes of Great Fundamental Investors


Hey Reader,

Did you know Benjamin Franklin famously left $5,000 each to Boston and Philadelphia, instructing it to be invested for 200 years? By 1990, Boston's fund grew to $4.6 million and Philadelphia's to $2 million, showcasing the power of long-term compounding.

In today's issue:

  • 10 attributes of great fundamental investors
  • Aswath Damodaran on market returns, accounting returns, and good/bad businesses
  • The obituary for Google Search might be premature
  • How to start analyzing banks
  • Much more.....

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💎NUGGETS

My Favorite Finds

10 attributes of great fundamental investors by Michael Mauboussin. Great thread breaking down the paper; link to the paper included.

Accounting Returns, Market Returns, and Good/Bad Businesses from Aswath Damodaran. Always worth the read.

We can never learn enough about the capital market cycles.

Mohnish Pabrai discusses "The Joys of Costco."

Don't underestimate Google Search. Thomas Chua breaks down why it may be premature to write its obituary.

Brooklyn Investors take on the latest Buffett lettter and more. He's one of the OGs and always worth your time.


🔍Question of the Week


📖Knowledge Tidbits

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