Gautam Baid, Portfolio Manager & Author – The Joys of Compounding

<p>My guest for today is <a href="https://twitter.com/Gautam__Baid">Gautam Baid</a>, author of the international best-seller "<a href="https://www.thejoysofcompounding.com/">The Joys of Compounding</a>" and 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. Baid is a CFA charter holder and member of CFA Institute, and in 2018 and 2019, he was profiled in Morningstar's <a href="https://morningstar.in/posts/54657/5-pointers-picking-stocks.aspx">Learn From The Masters series</a>.</p> <p>This episode is brought to you by<strong> </strong><a href="https://multipie.co/"><strong>multipie.co</strong></a> where we believe Investing is an ignored life skill and it's time to change it. Multipie is building up a platform where people can form communities and learn, share , collaborate on growing their wealth using the right tools. We want your hard earned money to work for you</p> <p><br></p> <p><strong>Show notes</strong></p> <p>1:55: &nbsp;&nbsp;Gautam's professional and investment journey</p> <p>10:19: How Gautam dealed with being rejected from 1300 jobs</p> <p>13:12: How compounding works in areas apart from investing.</p> <p>16:42: Human psychology which is overrated and underrated in investing</p> <p>19:46: Psychological biases while managing money</p> <p>23:16: Reasons why you should sell a stock</p> <p>28:43: Investing mistakes Gautam has made</p> <p>31:20: How Gautam journals his thoughts</p> <p>35:56: Gautam's favorite books</p> <p>38:40: Gautam's life and investing idol</p> <p>43:50: Recommended Social media channels</p> <p>46:54: Any advice to a 20 year old.</p> <p>50:03:&nbsp;Gautam after 20 years</p> <p><strong>Book recommendations:</strong></p> <p><a href="https://www.amazon.com/How-Decide-Simple-Making-Choices-ebook/dp/B07TRJB3S3#:~:text=In%20How%20to%20Decide%2C%20bestselling,You'll%20learn%3A&amp;text=To%20iden