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The Making of a Value Investor
" The Making of a Value Investor follows Gautam Baid's development as an investor during a brutal bear market, when he recorded his reflections, observations and learnings in his investment journal in the face of an increasingly uncertain future. This book charts the mistakes and successes in the battle for investment survival during one of the most tumultuous market phases in history. Through time travel-like storytelling, Baid skilfully captures his collective experiences of that period, allowing readers to truly connect with his evolving worldview. The entries from his journal presented in a chronological manner, with added retrospective commentary, are a treasure trove of everlasting investment principles. The result is a book that provides you invaluable lessons on navigating financial markets and building resilience. "
- GenresFinance
288 pages, Paperback
Published November 25, 2023
64 people are currently reading
196 people want to read
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Displaying 1 - 10 of 10 reviews
November 29, 2023
Holy crap. Could have titled the book 'Indian Stock Market Journal from June 3, 2018, to March 20, 2020.'
October 31, 2023
«During periods of crisis, leveraged players need a way out, even if it means cashing out the best names. This is what a fire sale looks like.»
«It is always darkest before dawn. You get great buying prices only during a crisis. If you wait for clarity to emerge, you will have to pay a much higher price.»
Denne er ikke lett å anmelde. Egentlig vil jeg si boka er et mislykket prosjekt. Investor Gautam mener selv han har funnet mye verdi i å skrive dagbok om investeringene sine (og markedene), og disse skribleriene har han nå gitt ut i bokform. Jeg vil anta notatene er heftig redigert, men likevel skulle jeg ønske den jobben ble gjort med mer kritisk blikk:
Grovt sett følger vi inder-Gaute kronologisk fra 2017 til 2020. India hadde bjørnemarked allerede i 2017. Hele boka er en eneste lang punktliste, og helt frem til 2020 er det veldig mye India-spesifikt, og det er mer oppramsing av ståa i markedet enn det er faktiske innsikter jeg kan bruke til noe. Innsiktene er for øvrig bedre strukturert og poengert i hans nydelige The Joys of Compounding. Jeg ville droppet denne oppramsende kronologiske stilen og heller gått tematisk til verks, samt kuttet bort alt daukjøttet. Bare sporadisk kommer Gautams 2023-tanker om hva han skrev den gang da, og for ofte stepper han da bare inn for å forklare indisk-spesifikke begreper og tilfeller.
Jeg er derfor ganske misfornøyd med boka helt frem til januar 2020. Da får Gautam for første gang høre om covid-19, og vi går snart fra et rimelig dvaskt bjørnemarked i India til global finansiell kollaps. Da gjør også dagbok-formen seg bedre, og vi får et ekte innblikk i hvordan en proff investor ter seg når det brenner overalt. Denne delen vipper boka opp på en treer.
Alt i alt kan jeg likevel ikke anbefale denne. Tvert om er jeg redd folk som leser denne først ikke kommer til å gidde å lese The Joys of Compounding etterpå, og derfor gjør boka kanskje mer ugagn enn nytte.
«It is always darkest before dawn. You get great buying prices only during a crisis. If you wait for clarity to emerge, you will have to pay a much higher price.»
Denne er ikke lett å anmelde. Egentlig vil jeg si boka er et mislykket prosjekt. Investor Gautam mener selv han har funnet mye verdi i å skrive dagbok om investeringene sine (og markedene), og disse skribleriene har han nå gitt ut i bokform. Jeg vil anta notatene er heftig redigert, men likevel skulle jeg ønske den jobben ble gjort med mer kritisk blikk:
Grovt sett følger vi inder-Gaute kronologisk fra 2017 til 2020. India hadde bjørnemarked allerede i 2017. Hele boka er en eneste lang punktliste, og helt frem til 2020 er det veldig mye India-spesifikt, og det er mer oppramsing av ståa i markedet enn det er faktiske innsikter jeg kan bruke til noe. Innsiktene er for øvrig bedre strukturert og poengert i hans nydelige The Joys of Compounding. Jeg ville droppet denne oppramsende kronologiske stilen og heller gått tematisk til verks, samt kuttet bort alt daukjøttet. Bare sporadisk kommer Gautams 2023-tanker om hva han skrev den gang da, og for ofte stepper han da bare inn for å forklare indisk-spesifikke begreper og tilfeller.
Jeg er derfor ganske misfornøyd med boka helt frem til januar 2020. Da får Gautam for første gang høre om covid-19, og vi går snart fra et rimelig dvaskt bjørnemarked i India til global finansiell kollaps. Da gjør også dagbok-formen seg bedre, og vi får et ekte innblikk i hvordan en proff investor ter seg når det brenner overalt. Denne delen vipper boka opp på en treer.
Alt i alt kan jeg likevel ikke anbefale denne. Tvert om er jeg redd folk som leser denne først ikke kommer til å gidde å lese The Joys of Compounding etterpå, og derfor gjør boka kanskje mer ugagn enn nytte.
November 29, 2023
I had been so much looking forward to read the follow up book after Joys of Compounding but I was very disappointed as this new book was only about the Indian Stock market and some reflections Gautam did while being in the middle of a long down period for the Indian Stock markets
October 14, 2023
Totally Garbage .
November 19, 2023
📚 The Journey to Value Investing Mastery.
From the author of book "The Joys of Compounding”, Gautam Baid is back again with an insightful book full of valuable lessons.
The journal unfolds his personal learning, highlighting his own victories and failures and making his way through the bear market and rising above all. Baid's storytelling, akin to a journey through time, skillfully immerses readers in his evolving worldview. The chronological presentation of journal entries, accompanied by insightful retrospective commentary, opens up a treasure trove of timeless investment principles.
Coming from a non-trading background, bear market goes above my head. However, with his side by side commentry, the author has made the content intriguing and understandable. His experiences has now become a roadmap for me and readers, offering profound insights into the essence of value investing.
Overall, "The Making of a Value Investor" transcends its narrative, delivering invaluable lessons on navigating financial markets and cultivating resilience. If you seek a guide through the highs and lows of investment survival, this book is a must-read.
From the author of book "The Joys of Compounding”, Gautam Baid is back again with an insightful book full of valuable lessons.
The journal unfolds his personal learning, highlighting his own victories and failures and making his way through the bear market and rising above all. Baid's storytelling, akin to a journey through time, skillfully immerses readers in his evolving worldview. The chronological presentation of journal entries, accompanied by insightful retrospective commentary, opens up a treasure trove of timeless investment principles.
Coming from a non-trading background, bear market goes above my head. However, with his side by side commentry, the author has made the content intriguing and understandable. His experiences has now become a roadmap for me and readers, offering profound insights into the essence of value investing.
Overall, "The Making of a Value Investor" transcends its narrative, delivering invaluable lessons on navigating financial markets and cultivating resilience. If you seek a guide through the highs and lows of investment survival, this book is a must-read.
March 20, 2024
These are Portfolio Manager Gautam Baid's daily takeway notes between the Great smallcap/midcap bear market in India between January 2018 and March 2020. It's interesting to read a long term Value Investor's views, beliefs and disbeliefs, learnings and, predictions on unexpected events during a prolonged phase of bloodbath.
October 28, 2024
A journal/diary with entries (not daily) about what markets were upto on those days with some tid-bits here and there. Half the entries are just how much % stocks/markets went up/down on particular days. Pointless and not sure why this book was even together.
November 16, 2023
It's an investment journal, and the author didn't put much effort into this book. However, I read it through anyway, because it's about India and very recent history of mid-small cap stocks.
September 27, 2024
This was an interesting book, although a bit of a misdirect as I originally thought it was going to be an organized book with some structure on....how the author actually became a value investor a la the title: 'making of a value investor'.
INSTEAD, this is basically an investment journal. He jots down his thoughts everyday, and many times they are random. Would have been nice to see some post-journal commentary or something on some of these entries.
I do like the raw nature of it though, especially since I lived through some of the same experiences as an investor during the 2020 covid pandemic. Author should have been a little better in communicating what the book is, and also organizing his thoughts better. Better to title it some sort of investment journal.
He even states, "what a bear market taught me about investing". Would have been nice for him to answer that or summarize all his journal entries towards the end.
INSTEAD, this is basically an investment journal. He jots down his thoughts everyday, and many times they are random. Would have been nice to see some post-journal commentary or something on some of these entries.
I do like the raw nature of it though, especially since I lived through some of the same experiences as an investor during the 2020 covid pandemic. Author should have been a little better in communicating what the book is, and also organizing his thoughts better. Better to title it some sort of investment journal.
He even states, "what a bear market taught me about investing". Would have been nice for him to answer that or summarize all his journal entries towards the end.
January 17, 2025
It's like a daily trading journal
Displaying 1 - 10 of 10 reviews