iPhone ka junoon
In this blog I share some insights on human behavior and why it manifests in things like us braving the elements just to own an iPhone on the first day.
Category: Taleb
Falling for narratives
The mind likes to weave simple narratives around complex events. It makes it easier to store, understand and retell them. In investing it is better to have fewer narratives and be willing to go anywhere where there are opportunities.
We’ll see
Time is the ultimate stressor. Most of the current narratives, ideas, books, products or technologies are unlikely to stand the test of time. On the other hand, things, ideas and products that have survived for hundreds of years are likely to do so in future too.
The greatest wonder
People don’t think of survival as much as they should. This blog provides examples to prove that.
Slack – the good bad word
Slack is like margin of safety. Slack helps countries, companies, portfolios and individuals to survive.
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.
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.
Bed of Procrustes
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.
Fragility and Optionality
To survive we need to avoid fragility and to thrive we need to embrace optionality.
Luck by chance
This blog is about serendipity and why it is important to our endeavors.
