Weekend Bulletin - 21 May'23 : Ed. 137
A compilation of few interesting, multi-disciplinary links from the internet
“To look at the per-share earnings by themselves and give the earnings of four or five years ago any significance is like trying to get useful work from an engine which is unconnected to any device to which that engine’s power is supposed to be applied. Just knowing, by itself, that four or five years ago a company’s per-share earnings were either four times or a quarter of this year’s earnings has almost no significance in indicating whether a particular stock should be bought or sold. Again, what counts is knowledge of background conditions. An understanding of what probably will happen over the next several years is of overriding importance.” —Phil Fisher
For more book quotes, follow #FCBookexcerpt on our Linkedin page here and latest post here.
Connect on various social media platforms here
Subscribe (free) to #AKGweeklycharts here [released every Monday morning]
For more recommendations every weekend, follow #FCOTTReco and #FCBookReco on our Twitter page here. Check out last week recos - What the health on Netflix and The behavioural Investor by Thibaut Meurisse.
Section 1 - Investing & Personal Finance
The seven virtues of great investors - by Jason Zweig [LINK]
Section 2 - Economic Trends & Themes
Why certain white collar jobs not likely to return? [LINK]
India’s quest to build world’s largest solar farms [LINK]
How Ghana’s economy became a cautionary tale for Africa [LINK]
Section 3 - Personality study & Development
Do Schools kill creativity? [LINK]
The good side of Stress [LINK]
Section 4 - Business History & management
The billion dollar Ponzi Scheme that hooked Buffet and US treasury [LINK]
The plot to steal the secret inside a Coke can [LINK]
Section 5 - Sports, literature & Entertainment
Cringe filled entertainment can be therapeutic [LINK]
That's it for me. Have a great weekend ahead!
If you have any feedback that you’d like to share, simply reply to this email or leave a comment below.
Disclaimer:
The content of this newsletter is not an offer to sell or the solicitation of an offer to buy any security in any jurisdiction. The content is distributed for informational purposes only and should not be construed as investment advice or a recommendation to sell or buy any security or other investment, or undertake any investment strategy. There are no warranties, expressed or implied, as to the accuracy, completeness, or results obtained from any information set forth on this newsletter unless mentioned explicitly. The writer may have positions in and may, from time to time, make purchases or sales of the securities or other investments discussed or evaluated on this newsletter