I very much enjoyed my Q&A session with the class of 2019 Dakshana scholars at JNV Kottayam, Kerala, India on Dec. 24, 2017. These scholars will take the IIT entrance exams in 2019. The majority are likely to be accepted by the IITs. Their questions covered a broad range of topics related to compounding, as well as the reasons behind our establishing the Dakshana Foundation.
I suggest the following books to start one's journey into finance and investing:
1) 1958-1970 Buffett Partnership Letters (these are available at various places on the web, including http://pragcap.com/warren-buffett-partnership-letters). Cost: Zero
2) The Warren Buffett letters to Berkshire Hathaway Shareholder. These are posted at www.berkshirehathaway.com. Cost: Zero
3) 1995 published biography called “Buffett: The Making of an American Capitalist” by Roger Lowenstein.
4) 2009 published book “Snowball: Warren Buffett and the Business of Life” by Alice Schroeder.
5) “Poor Charlie’s Almanack” by Peter Kaufman.
6) “The Dhandho Investor” by Mohnish Pabrai.
7) Berkshire Hathaway Letters to Shareholders - 1965-2014
8) Berkshire Hathaway Letters to Shareholders - 1965-2017. Only available on Kindle but cost is just $2.99.
Mohnish Pabrai is the founder and Managing Partner of the