Anitya: everything is transient
Everything is transient. They come and they go. And things often don’t go according to plan. But cultivating an attitude of taking things less seriously and viewing them as transitory can act as a shock absorber.
Everything is transient. They come and they go. And things often don’t go according to plan. But cultivating an attitude of taking things less seriously and viewing them as transitory can act as a shock absorber.
When there is nothing to do, do nothing. This is true in Test Cricket, Baseball, Investing and Business. It’s important to be patient and wait for the right opportunity rather than swing after suboptimal opportunities.
In this blog, I connect the Parable of the Lost Sheep from the Bible to investing in turnarounds. Just as there is extra happiness in finding the lost sheep, there is extra rewards for a turnaround that is successful.
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.
Periodically we need to purge our minds of old cherished but outdated or incorrect ideas.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.
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.
In this blog I share my thoughts on investing in mediocre as well as high quality companies.
A blog on how we tend to see and act based on what’s on our mind instead of thinking and acting better.
The Bed of Procrustes is a metaphor for fitting reality to meet the reality to our internal narratives rather than the other way around. When we confront our Bed, better to discard it than to behave like Procrustes.
The title is misleading. It is not a blog on morals but on Airlines.