The Thoughtful Investor (Hardcover)

The Thoughtful Investor isn't just about creating wealth but also about retaining it. The book takes the reader across the various aspects of investing which would help him in identifying the winning stocks and avoid the losing ones. Every reason to buy a potential multibagger comes with a counter argument, but those stocks will still have to be bought if an investor wants to make serious outsized gains. This book deals with all such issues and a lot more so that the focus remains not just on the speed of the return but also on the size of the gain. The arguments in the book are backed by examples on Indian companies taken out of the Indian stock market. This makes the content more relevant for the Indian investor. The underlying theme revolves around evaluating when to hold a stock and when to fold it, with a recurring focus on not just the Return on Capital but also the Return of Capital.