Coffee Can Investing: The Low-Risk Road to Stupendous Wealth

Name: Coffee Can Investing: The Low-Risk Road to Stupendous Wealth
Brand: Penguin Random House
Availability: InStock
Author: Saurabh Mukherjea
ISBN: 9780143497400

Author: Saurabh Mukherjea

Narrator: Abhinandan Tejaswi

Unabridged: 5 hr 47 min

Format: Digital Audiobook Download

Publisher: Random House Audio

Published: 09/29/2020

Categories: Nonfiction, Business & Economics, Investments

Includes: Bonus Material Bonus Material Included

Synopsis

"Most people invest in the usual assets: real estate, gold, mutual funds, fixed deposits and stock markets. It's always the same four or five instruments. All they end up making is a measly 8 to 12 per cent per annum. Those who are exceptionally unfortunate get stuck in the middle of a crash and end up losing a lot of money.What if there was another way? What if you could make not 10 not 15 but 20 per cent compound annual growth rate (CAGR) on your investments? What if there was a way to grow your money four to five times whilst taking half the risk compared to the overall market?Bestselling author of Gurus of Chaos and The Unusual Billionaires, Saurabh Mukherjea puts his money where his mouth is. Saurabh follows the Coffee Can approach to high-quality, low-risk investing. His firm, Ambit Capital, is one the largest wealth managers in India which invests with this approach and delivers stupendous returns. In Coffee Can Investing, Saurabh will show you how to go about low-risk investments that generate great returns."

About The Author

Saurabh Mukherjea is the CEO of institutional equities at Ambit Capital, an Indian investment bank. In 2014 and 2015, he was rated as the leading equity strategist in India by the Asiamoney polls. Mukherjea has spent most of the past decade trying to construct and implement systematic methods for analysing Indian companies in the midst of the chaos that surrounds the Indian stock market. A London School of Economics alumnus, Mukherjea is also a CFA charter holder. He lives in Mumbai with his wife and two children

Reviews

Goodreads review by Allwin on April 08, 2018

Book starts by introducing two individuals who are inherently stupid and have ridiculous expectations. One of dude wants to change car every three years! I mean who does that? Average Indian doesn't change their underwear in three years. Anyways... The book does its best to scare you away from inves......more

Goodreads review by Swanand on March 24, 2018

I did not read this line by line but skimmed through this really. The central idea of the book - that of having a concentrated portfolio of high quality high growth businesses and staying invested for long period of time, is powerful. There are also some interesting thoughts about how to go about th......more

Goodreads review by Nishant on October 01, 2018

Very simple concepts and you almost get a feeling that there is very little to learn from this but the rigour of analysis is impressive. Same ideas come across as more convincing as you complete this book!......more

Goodreads review by Monisha on February 19, 2022

The book offers good investment strategies. Offers a very watered-down analysis of multiple investment avenues. It gave a lot of directions to think on, to a noob investor like me. The only con is that its repetitive. You end up reading the same tips over and over, in different words and examples. I......more

Goodreads review by Neha on December 25, 2018

1. Invest in good companies and hold for long. This book defines a good company as the one that has consistently grown topline by 10% and ROCE of 15% 2. Probability of positive return increases with increase in holding period to almost 100% at a 10 year holding period. 3. Be vary of Mutual Fund costs......more