These are excerpts from letters written to the clients of Jeetay's PMS (Portfolio Management Scheme)
 
Investment Quote for the day 30th July 2010
“Investing is where you find a few great companies and then sit on your ass.” -Charlie Munger, Berkshire Hathaway’s 2000 Shareholder Meeting

 
Jul
2010
Irrational humans
The field of behavioral finance.
Jul
2010
The practice of judgment
The problem of weighing multiple factors.
Jul
2010
The vision of a contrarian
Crowds are associated with significant investment mistakes.