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The Joys of Compounding

The Passionate Pursuit of Lifelong Learning, Revised and Updated
  • Gautam Baid
Language: English
Published/Copyright: 2020
View more publications by Columbia University Press

About this book

In The Joys of Compounding, value investor Gautam Baid builds a holistic approach to value investing and philosophy from his wide-ranging reading, combining practical approaches, self-cultivation, and business wisdom. He integrates the strategies and wisdom of preeminent figures whose teachings have stood the test of time.

Author / Editor information

Gautam Baid, CFA, is portfolio manager at an SEC-registered investment advisor based in Salt Lake City, Utah. Previously, he served at the Mumbai, London, and Hong Kong offices of Citigroup and Deutsche Bank as senior analyst in their healthcare investment banking teams. Baid is a CFA charterholder and member of CFA Institute, and in 2018 and 2019 he was profiled in Morningstar’s Learn from the Masters series.

Reviews

Guy Spier, CEO of Aquamarine Capital and author of The Education of a Value Investor:
This edition benefits from a clearer focus on Gautam’s voice and insights as well as offering a fresh opportunity to learn and relearn those key lessons that will make us better investors and better human beings.

John Mihaljevic, chairman of MOI Global:
An instant classic! Gautam Baid’s book is the definitive guide to lifelong learning for investors and anyone seeking to reach their full potential. A must read.

William Green, author of The Great Minds of Investing and Beyond Rich:
Gautam Baid is a marvelous role model because he's such a joyful and passionate student of worldly wisdom. This book, which is infused with invaluable insights and inspiring quotations from many great investors and thinkers who have guided him on his journey, is a powerful reminder of how enriching it is to dedicate ourselves to the pursuit of continuous, lifelong learning.

Sanjoy Bhattacharyya, managing partner, Fortuna Capital:
Gautam's book is wonderfully insightful. It is truly a pleasure to read and a reminder of some of the most essential tenets of sound investing.

Paul Lountzis, president of Lountzis Asset Management:
Gautam’s book The Joys of Compounding provides a foundational framework on investing that is required reading for all investors. This book is the best investment one can make from those beginning their investment journey all the way to experienced practitioners. Successful investing requires a lifelong love of learning and this book provides a broad array of concepts and tools to guide you with your own personal investments or making investments for your clients. The most comprehensive investing book I have ever read. I highly recommend The Joys of Compounding for anyone interested in becoming a better investor.

Thomas A. Russo, managing member, Gardner Russo & Gardner LLC:
Gautam Baid presents exactly the types of examples and insights from fabled investment practitioners that I believe can help investors avoid common yet predictable traps. The Joys of Compounding is a most useful reference for lifelong investment learning.

Arnold Van Den Berg, founder of Century Management:
Over the years, as I’ve realized the importance of learning through wisdom instead of suffering, my favorite gift has been to give a person a great book. This book is going to go to the top of that list.


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SECTION I. ACHIEVING WORLDLY WISDOM

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SECTION II. BUILDING STRONG CHARACTER

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SECTION III. COMMON STOCK INVESTING

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SECTION IV. PORTFOLIO MANAGEMENT

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SECTION V. DECISION-MAKING

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Publishing information
Pages and Images/Illustrations in book
eBook published on:
September 23, 2020
eBook ISBN:
9780231552110
Pages and Images/Illustrations in book
Other:
50 figures
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