Moments of happiness
This is blog # 125 and is a guest post by my friend Bharath Mahadevan. In this he talks about the philosophy of his life.
Category: Wisdom
Susan and Sally
We see in others what we ourselves are.
Loss cutting
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.
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.
Fogged Windshield
This is blog is about selling is much, much harder than buying. I have mentioned anecdotes of successful investors and their selling related mistakes.
Predicting rain
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.
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Periodically we need to purge our minds of old cherished but outdated or incorrect ideas.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.
Our two lives
How we live our days is how we live our lives. And therefore we must learn to spend time wisely.
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.
Interest upon Interest 