The Schwar Report - Issue 18
Monday 23rd December 2024
Welcome to the last The Schwar Report of 2024. This is your weekly primer featuring three interesting reads, two thought-provoking quotes, and one question to ask yourself to start your week on the right foot.
Three Reads to Inspire Your Week
"Seeking Wisdom" by Peter Bevelin
Why read it: This book explores mental models and decision-making principles from different fields like biology, psychology, philosophy, economics, and mathematics, offering a broad framework for better reasoning and problem-solving.
"The Question People Ask Us" by
Why read it: Kingswell's This article delves into the fascinating concept of exponential growth through the classic paper-folding example. It provides a vivid illustration of the power of compounding and its implications for investing, emphasizing the crucial role of time in wealth generation.
"When Fear is High, Opportunity Comes Knocking" by
Why read it: This piece explores recent market volatility and its implications for investors. It offers insights on using the VIX as a contrarian indicator and discusses potential strategies to capitalize on market fear.
Two Quotes to Reflect On
"It’s not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." — Leon C. Megginson (often attributed to Charles Darwin)
Reflection: This quote highlights adaptability as the key to survival, both in business and investing. The ability to pivot and learn from new information or changing circumstances is often more valuable than sheer strength or intellect.
"An investor should act as though he had a lifetime decision card with only twenty punches on it." — Warren Buffett
Reflection: This quote encourages us to think carefully about every investment decision, as if each one were limited. It underscores the importance of making thoughtful, long-term decisions rather than chasing short-term gains.
One Question to Ask Yourself
As we approach the holiday season, take a moment to reflect on your favourite Christmas dish:
ICYMI
Check out our posts from the last week:
![[FREE] UBER Investment Thesis Statement](https://substackcdn.com/image/fetch/w_140,h_140,c_fill,f_webp,q_auto:good,fl_progressive:steep,g_auto/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1ff56970-7ef2-43fe-9331-e51e0984fd0a_660x660.jpeg)
That’s all for this week’s Schwar Report, we hope you enjoyed.
Have a great week,
The S.C. Team
Disclaimer: The content provided in this newsletter is for informational purposes only and does not constitute financial, investment, or other professional advice. While we believe the information to be reliable, we cannot guarantee its accuracy. The opinions expressed are those of the author and do not necessarily reflect the views of Schwar Capital. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future results. The author may or may not hold positions in the stocks or other financial instruments mentioned. Always do your own research or consult with a qualified financial advisor before making any investment decisions.