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Sanjay Bakshi

Indian value investor and adjunct professor at MDI Gurgaon, where he taught Behavioral Finance and Business Valuation; writes the Fundoo Professor blog.

11 things

Deep SimplicityBook John Gribbin

loved

In his excellent book “Deep Simplicity,” John Gribbin describes the Red Queen Effect in terms of an imaginary species of frog that feeds on an imaginary species of fly.

Bakshi explains the Red Queen Effect and where he takes the illustration from.

2012-09-16·fundooprofessor.wordpress.com ↗

Damn Right!Book Janet Lowe

loved

In her excellent book, “Damn Right!: Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger,” the author, Janet Lowe, relates the 1967 story:

Bakshi introduces the Blue Chip Stamps float story in part two of his series on insurance float.

2012-07-16·fundooprofessor.wordpress.com ↗

Once Upon a NumberBook John Allen Paulos

loved

The above village story was adapted from John Paulos’ excellent book, Once Upon a Number and was repeated in his, other, also excellent, book, A Mathematician Plays the Stock Market.

Bakshi’s closing note crediting the village parable he used to explain market crashes.

2005-11-09·fundooprofessor.wordpress.com ↗

A Mathematician Plays the Stock MarketBook John Allen Paulos

loved

The above village story was adapted from John Paulos’ excellent book, Once Upon a Number and was repeated in his, other, also excellent, book, A Mathematician Plays the Stock Market.

Same closing note; Bakshi calls Paulos’s second book also excellent.

2005-11-09·fundooprofessor.wordpress.com ↗

Five Eminent ContrariansBook

loved

Let me end, though, by quoting Michael Aronstein, who, in the excellent book, Five Eminent Contrarians, pretty much agreed with my own views on the subject, by saying:

The closing of Bakshi’s post on valuation paradoxes and financial engineering.

2005-11-05·fundooprofessor.wordpress.com ↗

InfluenceBook Robert Cialdini

loved

Of these four tendencies, the first one is described very well in Robert Cialdini’s great book, Influence.

Bakshi diagnoses which psychological tendencies combined to sink a friend’s insider-trading bet.

2005-10-08·fundooprofessor.wordpress.com ↗

Creative Whack PackOther Roger von Oech

recommended

I recommend the purchase and extensive use of the Creative Whack Pack. For less than $11, it’s a great investment.

A post on the deck of creativity cards Bakshi calls his favourite creativity tool, mapped to Munger’s thinking.

2005-10-09·fundooprofessor.wordpress.com ↗

The PrinceBook Niccolò Machiavelli

recommended

Machiavelli’s “The Prince” is a great book and should be made compulsory reading for all MBA students.

Bakshi reproduces a note to his students on the "law of the higher good" inside a post on Munger’s Kantian fairness tendency.

2005-09-30·fundooprofessor.wordpress.com ↗

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