17. Requisites for an Equity Analyst/ Investor

Investing as a profession is a brilliant combination of almost all the basic disciplines: Science, Arts, Psychology... you name it..

 

In terms of soft skills - 

1. attitude, 
2. willingness to work hard, 
3. humility 

In terms of hard skills that can be taught - 

1. industry analysis, 
2. understanding business models, 
3. financial statement analysis like Marwari businessmen :P , 
4. willingness to do on-ground research, 
5. strong knowledge of Excel (Excel in Excel), 
6. knowledge of basic valuation tools & techniques.

Few must-read books for students - 

1. The Goal, 
2. Warren Buffett Way, 
3. Little book That Beats The Market
4. Little Book That Creates Wealth, 
5. Cashflow Quadrant, 
6. The Professional, Winning Habits, 
7. Romancing the Balancesheet, 
8. The Secret, 
9. You Can Be Stock Market Genius and 
10. How To Make Money In Stocks.