Strong swimmers
Survival is far more important than performance. To survive, we must negate all risks that threaten survival. One way to survive in the stock market is to have adequate diversification.
Survival is far more important than performance. To survive, we must negate all risks that threaten survival. One way to survive in the stock market is to have adequate diversification.
Opportunity cost is one of my favorite ideas. In this blog, I am sharing some everyday examples of opportunity costs.
Classical Economics assumes humans make decisions rationally. But in reality we are all messed up. Behavioral Economics explains our biases and why/how we make irrational decisions all the time.
This is blog # 125 and is a guest post by my friend Bharath Mahadevan. In this he talks about the philosophy of his life.
We see in others what we ourselves are.
In investing as in life, occasionally things will not go as per our plan. What should we then do? Cut our losses and move on, no matter how hard it is. This is what lucky people do.
Charlie Munger’s favorite idea was inversion. In fact, he even gave a speech titled: Prescriptions for a miserable life. In the same vein of inversion, I have tried to prescribe how one can remain unlucky.
This is blog is about selling is much, much harder than buying. I have mentioned anecdotes of successful investors and their selling related mistakes.
Warren Buffett said: Predicting rains does not count, building ark does. This blog takes the idea of working on the “arks” of our life now so that we are much better off in the future.
Who says it, how it is said, when it is said matters more than what is said.