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The book Coffee Can Investing by Saurabh Mukherjea teaches readers how to build wealth over the long term. Let’s see key lessons from the book.
Look for companies that have a consistent financial record—strong topline, good governance and steady performance. These are better than trendy stocks.
Build a portfolio with high-quality companies that are consistent, and keep it untouched for at least 10 years. A passive investing strategy can do wonders.
Keep your portfolio simple and avoid too much diversification, as it leads to weaker returns. Focus on 10-15 profitable companies that you understand and trust.
Not all tips are advice—some of it is noise. Ignore short-term news and media hype that can influence your decisions. Stick to your plan and focus on the fundamentals.
Once you have chosen a coffee can portfolio, don’t play with it. Trust the process, avoid active management, and give it time to deliver compounding returns.
There is no perfect time to enter or exit the market. Instead of timing the market, focus on finding quality stocks that will help you ensure lasting wealth.
Thanks for reading!
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