Mahir Jethanandani’s role model: Warren Buffett

Since the first grade, senior Mahir Jethanandani, author of “The Immaculate Investor,”  a recent self-published book on finance, has always been interested in investment and finance.

Jethanandani discovered his interest in managing money when his parents asked him to budget the spendings for his dog in the first grade. This meant that he had to fund his dog’s food, toys and health check-ups.   

This childhood investment transformed from a hobby to a way to generate a substantial income for Jethanandani. He realized that he had endless possibilities of making money, which also taught him valuable skills for the future and showed him a variety of fields such as  economics, finance, psychology  and sociology.

Since childhood, Jethanandani has won many of the investment competitions that he’s participated in, such as the Ithaca College Investment Competition, Capitol Hill Investment Competition and the WallStreetSurvivor Investment Competition. He has built a codex algorithm to predict stock market prices, and has read “The Intelligent Investor,” a 1,300-page book written by Benjamin Graham and a favorite book of  his role model Warren Buffett.

Jethanandani first discovered Buffett when he read a New York Times article on Buffett's advice to Coca Cola. As an elementary school student, Jethanandani was captivated by the billionaire investor.

“[Buffet’s] letter to his investors at Berkshire Hathaway employed everyday language and precise, sensible analysis on how to invest and run a company,” Jethanandani said.

Jethanandani said Buffett uses the “everyday-man analysis” in his analysis of companies. Buffett is open with his strategies and is concerned about current economic and financial issues.

Jethanandani hopes to be like Buffett one day. He plans to “further develop the investing tactics and prowess to better understand a company’s operations, product and financials work.”