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February 2024

Occam’s Razor

By CA Raman Jokhakar, Co-Chairman
Reading Time 6 mins

Now that I am a ‘temping’ as a stopgap Editor for this month, I thought I could write something I have been following for months and enjoying listening to! Budgets are a passé this month as we already had a VOA. Books and Videos and Podcasts I am finding with each passing day have the best ROI over a long period of time as they compound so well. Some 25-odd years ago, you paid lacs of rupees to get information, or to learn live from the smartest / wisest people alive. You travelled far. Say what information a fancy international advisor had is today available freely (if not free) on the internet for a fraction of the cost. In other words, one can learn something that is priceless with about ₹1000 of data!

In November 2023, we lost Charlie Munger, one of the smartest men (super investor) alive, just weeks before he would have turned a hundred. For his age, he had the advantage of being through many more years than most people alive. He was also at a vantage point where most people aren’t – being a top investor in US markets. However, his greatest knack was: seeing what most people didn’t, in a way one needs to see at that point of time and capture and articulate it so brilliantly.

If you haven’t heard of him, read on. If you haven’t heard him, you must. If you have, you should hear him again and read up on him! Just as mus

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