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.
Tag: Charlie Munger
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.
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.
A few things I have changed my mind about -1
For long we have believed that we must not quit. It has been drilled into our psyche. But microeconomics teaches us that if after a reasonable effort we don’t succeed, we must move on.
Dangerous games
A blog on Russian Roulette and it’s real life equivalents played by some really smart people and how they usually don’t have happy endings.
3 Simple Principles Of My Investing Philosophy
This is the 100th blog and has written by Ankit Kanodia. He has detailed his investing philosophy through 3 simple principles.
99 not out
This is the 99th blog. This blog looks back on how and why I started blogging.
What would Charlie do? Part 1.
As a tribute to Charlie Munger, I plan to write a few blogs with the series titled: “What would Charlie Do?”. This is the first blog.
Yet another Munger Post
This is a tribute to Charlie Munger written by a friend.
Interest upon Interest 