THE WEEKEND BULLETIN (Vol. 1 | Iss. 4)
A weekly digest of some interesting stuff from around the world-wide-web for the discerning investor.

Volume 1 | Issue 4 | December 14, 2019
Section 1: Investing Wisdom
When an octogenarian recounts his life lessons, you drop everything and listen, especially to one who can condense 80 years of lessons into 20 bullet points. Don't judge this article by its length, this will probably have more wisdom per word than most things that you would have read. Blackstone's Byron Wien Discusses Lessons Learned in His First 80 Years.
The line that struck me the most: "There is always going to be someone smarter than you, but there may not be someone who is more imaginative." Which one hit the chord for you?
One of the most discussed topics among investors: Should you wait for a market crash to buy stocks? Here is what Warren Buffett had to say when asked the same question.
Does having early access to earnings releases improve your chance of making money in the stock market? Here is a live case study where some hackers stole 150,000 earnings releases from new portal before their dissemination to the public. Read on to find out if insider information helps.
Section 2: Mental Models & Behavioral Biases
Risk is perhaps one of the most commonly used term in financial markets (second only to return). Despite its ubiquity and undoubted importance, it is often not clear whether it refers to volatility or the permanent loss of capital. Both sides of this argument are right, but wrong to believe that there is any single concept that can encapsulate investment risk, claim the authors of this article.
Section 3: Personal Development
There is an old saying that a cluttered desk is a sign of a cluttered mind. Psychological surveys have shown that the style of desk expands to the rest of a person's life - an organised desk points at a person who is generally organised in his life. However, a more recent study highlights that working in chaos has its own advantages too - something that the likes of Mark Twain, Thomas Edison, Albert Einstein, and Steve Jobs enjoyed.
Section 4: Trivia
According to the theory of evolution, most species have either developed strong survival skills or have gone extinct. Of all the survival skills, this is perhaps the most interesting that I have read about. Known as ‘Resurrection Plant’, it has developed a great skill in surviving the extreme dryness of the desert.
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Have a wonderful weekend!!
- Tejas Gutka.