The Joys of Compounding

The Passionate Pursuit of Lifelong Learning, Revised and Updated

Gautam Baid

Columbia Business School Publishing

The Joys of Compounding

Pub Date: June 2020

ISBN: 9780231197328

432 Pages

Format: Hardcover

List Price: $27.95£22.00

Pub Date: June 2020

ISBN: 9780231552110

432 Pages

Format: E-book

List Price: $26.99£22.00

The Joys of Compounding

The Passionate Pursuit of Lifelong Learning, Revised and Updated

Gautam Baid

Columbia Business School Publishing

Value investing is not just a system for success in the market. It is also an intellectual toolkit for achieving a deeper understanding of the world. In The Joys of Compounding, value investor Gautam Baid builds a holistic approach to value investing and philosophy from his wide-ranging reading, combining practical approaches, self-cultivation, and business wisdom.

Distilling investment and life lessons into a comprehensive guide, Baid integrates the strategies and wisdom of preeminent figures whose teachings have stood the test of time. Drawing on the work of investing greats like Warren Buffett, Charlie Munger, and Ben Graham, as well as philosophers and scholars, he artfully interweaves the lessons learned from his many teachers. Baid demonstrates their practical applications in the areas of business, investing, and decision making, and also shows that these ideas can be applied to one’s own life with just as much reward.

A celebration of the value investing discipline, this book also recounts Baid’s personal experiences, testifying to his belief that the best investment you can make is an investment in yourself. The Joys of Compounding offers curated reflections on life and learning for all investors, investment enthusiasts, and readers seeking a dose of practical wisdom.

This revised and updated edition highlights Baid’s distinctive voice.
An instant classic! Gautam Baid’s book is the definitive guide to lifelong learning for investors and anyone seeking to reach their full potential. A must read. John Mihaljevic, chairman of MOI Global
The Joys of Compounding is a fresh opportunity to learn and relearn those key lessons that will make us better investors and better human beings. Gautam Baid has written something extraordinary. Guy Spier, CEO of Aquamarine Capital and author of The Education of a Value Investor
To be great at something, you must first be passionate about it. Through his writing, the passion that Gautam Baid has for value investing is palpable. His pursuit of lifelong learning through voracious reading is inspiring, and investors who are motivated to improve their craft would benefit by reading this book. John Huber, managing partner of Saber Capital Management

About the Author

Gautam Baid, CFA, is portfolio manager at an SEC-registered investment advisor based in Salt Lake City, Utah. Previously, he served at the Mumbai, London, and Hong Kong offices of Citigroup and Deutsche Bank as senior analyst in their healthcare investment banking teams.