VARUN JOSHI'S BLOGS

You’ve probably heard the debates: Is college worth it? Do you really need a four-year degree to succeed? The student debt crisis has Americans questioning everything we thought we knew about higher education. Enter Elon Musk , who has an opinion that will make some parents nervous and students feel vindicated. The billionaire entrepreneur does not mince words: you do not have to go to college. But his reasoning goes deeper than the usual “drop out and start a company” narrative you hear from Silicon Valley . Musk sees something bigger coming-a technological wave that will reshape what skills even matter. Let’s break down exactly what Musk thinks about college, why he thinks traditional education is facing its biggest challenge yet, and what that means for your future. Bottom Line: College is Not a Requirement Musk says it outright: he does not believe you have to go to college. This is not just some casual remark but really a reflection of his overall philosophy on how people learn, ...

  Why the world’s most successful investors never buy at “fair value” and why you shouldn’t either Benjamin Graham had been preaching since the 1930s:  never invest without a margin of safety . What Is Margin of Safety? (And Why Wall Street Doesn’t Want You to Know) Here’s something most financial advisors won’t tell you: every valuation is wrong. Not “might be wrong” — IS wrong. Think about it. When you value a company, you’re making assumptions about future earnings, economic conditions, competition, management decisions, and dozens of other variables. Even with sophisticated models and decades of experience, nobody can predict the future with precision. Benjamin Graham, the father of value investing and Warren Buffett ’s mentor, grasped that basic fact. His solution? **The margin of safety**-the practice of only buying investments when they’re priced significantly below what you believe they’re worth. The formula is elegantly simple: Margin of Safety = ( Intrinsic Value —...