Lectures on Behavioral Finance, Buffett and Munger

Since this blog is a learning resource, I will happily point you to other websites/blogs where you can learn.

Sanjay Bakshi is an investor and professor in India who applied the lessons of Graham, Buffett, and Munger to his teachings and investing. I recommend: http://www.sanjaybakshi.net/Sanjay_Bakshi/BFBV.html

You can download 9 lectures and peruse his site. Also, a student organized a few of his past posts–perhaps an easier way to find your interests.

http://kiraninvestsandlearns.wordpress.com/prof-sanjay-bakshis-posts/

Sanjay’s site will help deepen and broaden your thinking. For example:

Nothing is more dangerous than an idea when it is the only one you have–Emile Auguste Chartier

Why should I buy this stock?

Because it is cheap!

Under what circumstances would this be a mistake? Name three reasons why you could be wrong?

  1. Fraud
  2. Value Trap (declining industry)
  3. Bubble Market

I followed a golden rule that namely whenever a new observation or thought came across me, which was opposed to my general results to make a memorandum of it without fail and at once for I had found by experience that such facts or thoughts were more apt to escape from the memory than favorable ones. –Charles Darwin

I will post other recommended blogs, but when they fit a context.

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