The complete list of 2018 stock recommendations

When I started investing in equities, I used to be in awe of equity research reports. Immaculately formatted 5-page documents with their glossy charts and tables of financial projections followed by a confident Buy / Sell / Hold recommendation based on a precise target price. I figured those target prices were arrived at by hardcore sector experts working with proprietary excel models of such complexity they would probably crash any computer with conventional specifications. That awe lasted until I realized the “models” in use might as well have been random number generators due to their sensitivity to assumptions about an unknowable

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What eating pizza can teach us about wealth building

In the book ‘Richest man in Babylon‘, the author lays out what he calls “seven cures for a lean purse” for wealth building, each fairly simple, but if followed diligently over a lifetime, will build wealth. If you’re too busy to read the book, take a look at this post summarising the key points and how they apply to the young Indian investor. Revisiting one of the seven cures, namely, the 2nd cure that says to “control thy expenditure” because “what we call ‘necessary expenses’, will always grow to equal our incomes, unless we protest to the contrary.”  Think back to your first paycheck.

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