Page 30 - Masala Lite Issue 161 May 2024

30 CASH COURSE WITH ATUL
HOW TO USE THE

ABUNDANCE

OF FREE

INFORMATION

AVAILABLE

TO YOU Morever, the number of podcasts in this space has exploded over the past decade.

For those that prefer to listen, you are almost spoiled for choice. Many of these are
also available in video format on YouTube. We are lucky to even have some podcast
Find Resources and Use Them producers among us locally. Dr. Andrew Stotz – an award-winning equity analyst
There is a sea of great resources to help your investment and financial planning, and in Thailand – runs a podcast titled, My Worst Investment Ever. There are more than
spending a little bit of time to find sources that you like, and would come back to, 700 episodes to date and it contains a treasure trove of information. Local investor,
can pay huge dividends. The internet has democratised the sharing of information Direk Khanijou, also has a podcast about financial history and investing principles.
so much that there are few ‘secrets’ that are only accessible by the privileged. Once In a recent episode, he shared some of his favourite books that he read last year.
you find a source you like, ignore big words and excessive acronyms. Once you strip
these away, the principles are simple. A Little Goes a Long Way
It’s true that the best finance and investment content may not be as exciting as the
Saving Time and Money trending shows on Netflix. However, even if you are not enthusiastic about this
One of the benefits of curating a list of sources that you find useful and can come back subject area, having some rudimentary understanding of basic principles will be of use.
to repeatedly is that it will save you a ton of time. Better yet, it can save you money The use of big words and excessive acronyms can make this subject area daunting.
too. Learning from the experience of others usually provides insight into mistakes Once you strip this away, the building blocks are simple. High school students do
that they have made. You can make them yourself, or learn from others and avoid much more complex maths than you will ever have to do managing your finances.
them. There is a great book titled, Big Mistakes: The Best Investors and Their Worst
Investments’ by Michael Batnick. Reading through a few examples in this book can
help prevent you from making similar errors.
Atul Sethi is the founder and CEO of Farnam Tree, a
Consume Content in Your Favourite Format
licensed boutique investment firm based in Bangkok.
The best part about the abundance of resources is that there is availability across Atul has over twelve years’ experience working in
a range of formats. Whether you consume information by reading, listening, or investment banking and as a research analyst, prior
watching, there is something relevant for you. For example, there are books aplenty, to starting Farnam Tree.
and many of the best introductory material can be found in one volume. One of my
favourites is A Random Walk Down Wall Street by Burton Malkiel, which is an easy-
to-read comprehensive guide of the investment landscape.