Recently, I've been asked a number of times about what books I'm reading or podcasts I'm listening to. I have typed them up and published them online here, but thought it might be useful to also reference them as a blog post as well.
My favourite books are mostly about business, and most viewed through the prism of "value investing", or buying assets cheaper than their intrinsic worth. Value investing was "invented" by Dr Benjamin Graham, a noted investor but also famous for being the Professor of the University of Columbia's School of Business that taught Warren Buffett. Others on the list are about behaviour - optimising the size of the investment for risk, contrarian investing (also put as "zigging while others zag"), as well as more recent metrics focused books.
Here they are:
Books (all links go the book's page on Amazon.com)
Podcasts (all links to Apple Podcasts)
Click here to watch the interview at Unfiltered, posted 18 January 2019
The following interview was done in September of 2018 and posted publicly on January 2019. It may be of help to entrepreneurs seeking to understand the mindset of early stage high growth investors.
Key takeouts from the interview:
First posted on Facebook, 18 October 2018
Given recent political news over “the Cathedral Club”, I’d like to note that it was an informal pay-your-own-way dinner club that started in 2001, comprised of a small group of Young Nats and old friends from university days. It met in the Cathedral Room of the old Auckland Club, which had pictures of NZ churches and cathedrals on the wall. I know this because I was a regular dinner attendee and one of the organisers. The last dinner was probably around 2008.
Posted originally on Facebook, 24/11/2017
Auckland has been very kind to our family, so it’s nice to be able to give something back. This evening, the Bhatnagar family unveiled “The Sir Roger Bhatnagar collection” of sporting memorabilia at the Bert Sutcliffe Lounge, Eden Park. Dad collected some impressive sports memorabilia back in the day, and so we helped pay for Auckland Cricket’s Lounge renovations, and they have helped find a home for a unique snapshot of NZ’s cricket history in the 1980s and 1990s.
We are delighted and honoured to have an old friend of Dad’s, the Deputy Prime Minister Rt Hon Winston Peters, to open the collection and renovated lounge. Also present were many of Dad’s old friends from his business days so it was quite a wonderful catchup as well. Many thanks also to Auckland Cricket, in particular Nicholas Albrecht, (board member) and Erin Nurkka (marketing manager) for making this happen.
I was one of the larger individual investors in Hellaby Holdings when the company received a takeover offer from Bapcor Holdings, an Australian autoparts company. The initial offer was met with a lukewarm response by most investors as well as the board of Hellaby. As an activist investor, I engaged publicly to put pressure on an increase by Bapcor for their buyout offer, which duly happened in January of 2017. Bapcor's second offer was met with support by myself and other shareholders, successfully buying Hellaby Holdings.
This is the post I made on LinkedIn at the time, which was duly picked up by NZ business reporters.
This opinion piece was originally published on the NZ Herald on 30 January 2013.
As a shareholder in Ryman Healthcare, I'd like to respond to Sue Kedgley's opinion piece regarding wage levels in the retirement sector.
She has implied Ryman Healthcare's excellent profitability is a reason why wages in the retirement sector are low for caregivers, and that shareholders should ask about improving wages in this sector.