It has two main themes. The first theme is that lucky people follow a zig zag path in life. The second theme is that heavy ideologies must be avoided because they box you in and don’t allow you to zig zag. And therefore, in a world of ideas, we must be nomads, not settlers.
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.
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.
In this blog, I present the recent team selection through 3 different ideas.
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.
To survive we need to avoid fragility and to thrive we need to embrace optionality.
Today’s market crash that wiped out Rs 13 T of market capitalization may actually be a great opportunity to buy more. Just need a different perspective.
A blog about how experts get their predictions wrong. Also discussed are a few thoughts on Royal Enfield.
This is the 2nd blog in the Cash is reality series. You can read the first blog here. A quick recap on part 1: Almost all investors are focused on the PnL while the Cash Flow Statement (CFS) is neglected. We can build our edge by paying more attention to the CFS. Profit and Loss […]
