Meditations on Investing
Charlie Munger changed my life. His idea of worldly wisdom seems too right. I’ll be studying the big ideas in Biology, Economics, Chemistry, Physics, and Psychology. Every once in a while, I will publish a deep dive bringing insights from these disciplines to investing. So far, I wrote the following:
Compilation of Reads
I’ve gone through hundreds of shareholder letters, research articles, and essays about investing. Occasionally, I’ll publish free compilations of what I consider to be the most insightful pieces. The first of them contains: (i) a shareholder letter from Buffett, 1960s; (ii) a research article from Mauboussin, 1997; (iii) an essay from R.Zeckhauser, 2006.
Future compilations will be published on this tab: Recommended Reads.
Paid Offering
I publish deep qualitative research on selected businesses and detailed earnings reviews. My focus is on high-quality companies that I suspect can compound capital at high rates for a long time. Target market capitalization is 100M-15bn. Here’s an example of what my research looks like:
All companies will be ones that I either hold in the portfolio I’ve been managing for the past 2.5 years or that I’m planning to build a position, hence why research is published with no schedule.
You will also get quarterly portfolio updates. In these, I will share the reasoning behind relevant changes in weights. My approach is purely methodical and aimed at long-term value creation. To get a sense of this, I encourage you to read:
Who am I?
My name is Giuliano Mana. I’m 24 years old, have a B.A Degree in Finance and I’m a Master’s candidate at Brandeis IBS. I spend several daily hours reading about investing and hope to transmit some insights here.
