Best of times, worst of mistakes
This blog is about money. And how over centuries we seem to be making similar mistakes with it.
This blog is about money. And how over centuries we seem to be making similar mistakes with it.
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.
Investment should be about making good long term returns. It’s not about winning a popularity contest.
In this blog, I present the recent team selection through 3 different ideas.
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.
This blog is about redistribution of assets, capacities and other resources across locations and time horizons. Redistribution allows you to have staying power during bad times and inability to redistribute causes fragility.
People don’t think of survival as much as they should. This blog provides examples to prove that.
Slack is like margin of safety. Slack helps countries, companies, portfolios and individuals to survive.
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.
How we live our days is how we live our lives. And therefore we must learn to spend time wisely.