Coffee Can Investing: The Low-Risk Road
Original price was: ₹499.00.₹225.00Current price is: ₹225.00.
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 percent 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 percent 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.
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11 reviews for Coffee Can Investing: The Low-Risk Road
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Original price was: ₹499.00.₹225.00Current price is: ₹225.00.
Amit R Durge –
For me this book in OK for one time read. I do not rate it very high or very low. Below in my review:
Pros:
1) Book illustrates mindset for long term investment.
2) Emphasises actual profit realization & being cautious about cost part.
3) Brief on mutual funds is good
Cons:
1) Except for first few chapters, later part doesn’t give much value add if you are looking from Equity investment point of view.
2) Writer attempted to cater variety of audiences briefly that actually lost relevance at many places.
3) If you are looking for equity investment then entire theme is only 2 ratios & long term.
4) Method only emphasises on very long term with almost no look at current valuation. Writer & his agency might have done thorough research but it can also mean buyer may buy highly overpriced stock which may go into correction or consolidation for long time.
Note-
1) Writer has given definition of few ratios but overall this book requires reader to have basic familiarity of stock market & terminology. Not for a person who doesn’t know anything about stock market.
2) Writer at many places has given reference of his own firm in statistics & analysis. Some may take it as an advertisement but I think that’s justifiable as source of information is required for any reader.
Somrita Ghatak –
I stumbled upon Saurabh Mukherjea when a friend of mine pointed me to him recently. My friend has done fairly well investing in the market while I, being a novice, just recently jumped in with the dreams of doubling my wealth post the stock market crash that Covid-19 triggered when the country went into lockdown on 22 March 2020.
For the past 15 years, I have stayed clear of speculative investments, choosing to simply invest in my business, a few structured NCD investments and Fixed Deposits. I heeded Warren Buffett and Charlie Mungers advice and stayed within my circle of competence, which did not involve investing in stocks. Risk as they said “was not knowing what you are doing”, and when it came to stocks nor did I have the time to do fundamental analysis not did I have the temperament or skills. Despite knowing my limitations, my emotions got the better of my rationality, and instead of making money I lost money by doing everything that this book advises one not to do. The gambling like pull of trading is so strong that it turns ones most rational senses to mush and then makes one make even more mistakes in an effort to get even. It’s been a valuable lesson that I wish had remained vicarious. There is a section in the book which talks about how loss hurts 2.5 times more than a gain. After having experienced losing, I can tell you that this is true.
Reading Coffee Can Investing will give you an insight into the minds of the founders of Marcellus and their fund Consistent Compounders (CCP), the top performing PMS Fund in India. Over the past few months I have become a huge fan of their philosophy, the team and the rigor that they follow in order to reduce risk while providing above market returns. The end of the book shows the evolution of their filtered approach to deciding what to invest in on a rolling basis. The book also drives home the importance of financial planning and provides an excel based financial planning model. Just this tool is worth much more than the price of the book.
The reason I say that everyone should read this book is because everyone wants to grow their money to achieve security, stability and their ambitions. This book will give you a roadmap on how to go about doing just that.
Gagandeep singh –
The morning after I finished this book I looked at my bank account and had a million dollars in there. Don’t know what happen but this book made me instantly rich!!
Satyapriya Behera –
Pros:
Best guide book for beginners
Illustrated with good examples
Many good stocks are referred
Cons:
Only reason I gave it 4 star because entire book is written on 2017 perspective and non updated post covid
Satyapriya Behera –
I will not go into the contents of the book( no doubt it’s a very good book on managing your finances). You can have lots of reviews, rather good reviews about the book, on Goodreads and other platforms.
Bought the book from 2 other websites, received pathetic 1st copy books, returned them. So while placing order on Amazon, I was concerned about the physical aspects of the book rather than the contents.
Take a look at the photos which I have uploaded. This book is from original publication and not a 1st copy book. I always like the Hardcover format over the Paperback format.
🔺The book is having a very beautiful binding and solid and attractive cover page.
🔺The pages are little bit off-white (which I like)and not pure white. Printing is crisp with proper placing between lines and font size.
🔺 Paper is of lightweight, which is standard for Penguin India publication house. (I have othe penguin books)
All in all I am very much satisfied with the book quality.
Somrita Ghatak –
Paper Quality is excellent
Go for Hardcover copy it’s worth it
Excellent book everyone should read.
Amit R Durge –
Main insights –
1. Explains very well how to select stocks for longer run with minimum risk through Coffee Can strategy
2. Easy to understand and nice illustrations for analysis
3. Discussed real life cases and learnings
sumit –
The book helps newcomers to understand how to invest in equities in Indian markets
Rajat –
The book is fine and comes with good packaging
Amazon Customer –
Very good quality. Cover of book looks very premium
Shopping –
Nicely wrapped! I am happy to get nice brand new book! Quick delivery! Now I gotta read it ..:)