Book Notes: The Joys of Compounding

September 09, 2023 [books] #book-notes

Book: The Joys of Compounding
Author: Gautham Baid


Firmly embedded in the landscape of Munger literature, in the tradition of Peter Bevelin and Guy Spier. Hard pressed to find things here that are also not there, except references to Gita and the Indian stock market. Nevertheless, a good reference book for some very fundamental mental models - compounding, delayed gratification, checklists, incentives, opportunity costs, role of luck and randomness.


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