Incompetent people are often too incompetent to recognise their own incompetence.
The above phrase is taken from the Dunning-Kruger Effect. This is a cognitive bias where people with low ability or knowledge in a particular area tend to overestimate their competence, while those who are highly skilled may underestimate their ability. Or in other...
Terry Smith and how “Accounting for Growth” is still relevant.
When I was completing my MBA back in 1996-1999, I read Terry Smith’s very influential book called “Accounting for Growth: Stripping the Camouflage from Company Accounts ”. While the book was published back in 1992, its points are still very relevant today....
Benjamin Graham – The father of value investing.
Benjamin Graham, known as the “father of value investing,” laid the foundation for modern investment theory and heavily influenced investors like Warren Buffett and many others. His philosophy is detailed in his books (especially The...
The philosophy of Warren Buffett
Warren Buffett is possibly the world’s best-known investor, but what is his investment philosophy? His investment philosophy is rooted in value investing, which is a strategy where investors seek to buy stocks that are trading below their intrinsic or fair...
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