Best of times, worst of mistakes
This blog is about money. And how over centuries we seem to be making similar mistakes with it.
Category: Charlie Munger
Ajit Agarkar channels his inner economist
In this blog, I present the recent team selection through 3 different ideas.
Redistribution
This blog is about redistribution of assets, capacities and other resources across locations and time horizons. Redistribution allows you to have staying power during bad times and inability to redistribute causes fragility.
The greatest wonder
People don’t think of survival as much as they should. This blog provides examples to prove that.
Economics for the irrational man
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.
How to remain unlucky
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.
Importance of destroying ideas
Periodically we need to purge our minds of old cherished but outdated or incorrect ideas. That will make our minds fresh and nimble and we begin to take notions less seriously.
Science in Finance – 2
Scalar just has magnitude whereas Vector has magnitude and direction. This is a concept taught in Physics. But it can be applied to business as is shown through many case studies.
Swimming Naked
This is a blog about an NBFC that almost went bust because it got rich while doing stupid things. But it managed to survive and change course.
However the lesson is that arrange your affairs so that you can survive large events like say Covid and even thrive when other less prudent people struggle.
Simple and Compound Interest
This is a simple blog on Simple Interest and Compound Interest. These concepts are everywhere in nature, life, business and investing. We just need to train our minds to see them.
Interest upon Interest 